RealKey
‪(213) 433-7766‬

49398 Sherman Drive, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

49398 Sherman Drive, Indio, California 92201 home-pic-0
ACTIVE$755,000
49398 Sherman Drive, Indio, California 92201
4Beds
3Baths
2,495Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($542,049.785) is $212,950.215 (28%) lower than the list price ($755,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Festival Proximity: The property is walking distance to Coachella & Stagecoach music festivals and minutes from their entrance, offering exceptional appeal for short-term rentals and event-goers.
Top Cons:
Significant Overpricing Relative to Estimation: The current listing price of $755,000 is substantially higher than the estimated property value of $542,049.785, suggesting a potential overvaluation or market resistance.

Compared to the nearby listings

Price:$755.0K vs avg $556.5K (+$198,550)83%
Size:2,495 sqft vs avg 1,890 sqft83%
Price/sqft:$303 vs avg $29954%

More Insights

Built in 2003 (22 years old).
Condition: The property, built in 2003, is 21 years old but has been 'beautifully updated and meticulously maintained' with 'newly upgraded Luxury Vinyl Plank (LVP) flooring.' The kitchen features stainless steel appliances, granite countertops, and wood cabinetry, which are functional and in good condition, but the style is not brand new. Similarly, the bathrooms are clean and well-maintained with matching wood vanities and tile. While the LVP flooring is a recent upgrade, the overall aesthetic of the kitchen and bathrooms, though perfectly functional and move-in ready, suggests they haven't undergone a full, high-end renovation within the last 5 years to meet 'excellent' criteria. It is a solid, well-kept home that requires no immediate renovations.
Year Built
2003
Close
-
List price
$755K
Original List price
$848K
Price/Sqft
$303
HOA
$272
Days on market
-
Sold On
-
MLS number
250026657SD
Home ConditionGood
Features
Excellent View: Golf Course
Pool
Spa
Patio
ViewGolf Course

About this home

Sold FULLY FURNISHED and Walking Distance to Coachella & Stagecoach! This is desert living at its finest — location, lifestyle, and value all in one. Welcome to this beautifully updated and meticulously maintained home in the heart of the Coachella Valley — just minutes from the entrance of the world-renowned Coachella and Stagecoach Music Festivals. This spacious 2,495 sq. ft. home offers 4 generously sized bedrooms, 2.5 bathrooms, and a modern open-concept layout designed for both comfort and style. Whether you're seeking a smart investment property, a vacation getaway, or a full-time residence, this home delivers on all fronts. It's sold fully furnished and turnkey-ready — perfect for short-term rentals or immediate move-in. The home features newly upgraded Luxury Vinyl Plank (LVP) flooring that adds to its sleek, contemporary appeal. Step outside to your own private resort-style backyard with a stunning pool complete with air bubblers, a baja shelf for lounging, and vibrant party lights — all overlooking the Signature 5th Hole Fairway of the Mountain Course with breathtaking golf course and mountain views. Community offers low HOA dues and an array of impressive amenities including 27 holes of championship golf, gated security, a fitness center, multiple pools and spas, pickleball and tennis courts, even a boutique hotel for guests. Not only is this property a prime investment opportunity for a second home or vacation rental, it’s also a fantastic option for those looking for a permanent residence in a secure, amenity-rich gated community.

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,•K-5•1.2mi
3/10
Thomas Jefferson Middle School
Public,•6-8•1.6mi
4/10
Indio High School
Public,•9-12•1.9mi
Condition Rating
Good
The property, built in 2003, is 21 years old but has been 'beautifully updated and meticulously maintained' with 'newly upgraded Luxury Vinyl Plank (LVP) flooring.' The kitchen features stainless steel appliances, granite countertops, and wood cabinetry, which are functional and in good condition, but the style is not brand new. Similarly, the bathrooms are clean and well-maintained with matching wood vanities and tile. While the LVP flooring is a recent upgrade, the overall aesthetic of the kitchen and bathrooms, though perfectly functional and move-in ready, suggests they haven't undergone a full, high-end renovation within the last 5 years to meet 'excellent' criteria. It is a solid, well-kept home that requires no immediate renovations.
Pros & Cons

Pros

Prime Location & Festival Proximity: The property is walking distance to Coachella & Stagecoach music festivals and minutes from their entrance, offering exceptional appeal for short-term rentals and event-goers.
Turnkey & Fully Furnished: Sold fully furnished and turnkey-ready, this home is ideal for immediate move-in or seamless operation as a short-term rental, minimizing initial setup costs for buyers.
Resort-Style Backyard with Views: Features a private resort-style backyard with a stunning pool (air bubblers, baja shelf, party lights) overlooking the Signature 5th Hole Fairway, offering breathtaking golf course and mountain views.
Extensive Community Amenities: Located in a gated community with low HOA dues, providing access to 27 holes of championship golf, a fitness center, multiple pools/spas, pickleball, and tennis courts.
Spacious & Updated Interior: A generously sized 2,495 sq. ft. home with 4 bedrooms and 2.5 bathrooms, featuring a modern open-concept layout and newly upgraded Luxury Vinyl Plank (LVP) flooring.

Cons

Significant Overpricing Relative to Estimation: The current listing price of $755,000 is substantially higher than the estimated property value of $542,049.785, suggesting a potential overvaluation or market resistance.
Age Compared to New Construction: Built in 2003, the property is older than some nearby new construction comparables (e.g., 2025 builds), which may offer more modern features, energy efficiency, and warranties.
History of Price Reduction: The property has undergone a significant price reduction from its original list price of $848,000 to $755,000, which could indicate initial overpricing or challenges in attracting buyers at a higher valuation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state