49464 Sherman Drive, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

49464 Sherman Drive, Indio, California 92201 home-pic-0
ACTIVE$725,000
49464 Sherman Drive, Indio, California 92201
4Beds
3Baths
1,972Sqft
6,534Lot
Year Built
2003
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$368
HOA
$222
Days on market
-
Sold On
-
MLS number
219133900DA
Home ConditionFair
Features
Excellent View: Golf Course
Pool
Spa
Patio
ViewGolf Course

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $725.0K(82th), sqft - 1972(56th), beds - 4(57th), baths - 3(50th).

Located in the desirable, guard-gated Indian Palms Country Club, this beautifully maintained home offers resort-style living and even investment potential. With 4 bedrooms and 3 bathrooms, including a detached Casita, it provides the ideal setup for guests, extended family, or lucrative short-term rental income -- especially during festival season. The heart of the home features a huge open-concept living area with a spacious kitchen island seamlessly flowing into the living room, perfect for entertaining. The thoughtful floor plan offers excellent separation of space between the primary suite and the secondary bedrooms, ensuring privacy and comfort. Step outside to your own private desert retreat -- a sparkling in-ground pool and spa, covered seating area, and mature landscaping that enhances privacy and creates the perfect backdrop for outdoor relaxation. Additional highlights include: Over-sized garage with room for recreational toys, tools, and storage, beautifully landscaped lot within a golf course community, access to Indian Palms amenities including golf, tennis, and clubhouse facilities. Whether you're seeking a primary residence, vacation getaway, or high-demand short-term rental, this property offers it all in one of Indio's most sought-after locations. Schedule your private showing today and experience the best of desert living! New owner for the golf course has plans for many updates.

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,K-51.2mi
3/10
Thomas Jefferson Middle School
Public,6-81.7mi
4/10
Indio High School
Public,9-121.9mi

Price History

Date
Event
Price
08/12/25
Listing
$725,000
Condition Rating
Fair

Built in 2003, this property is 21 years old. While described as 'beautifully maintained' and appearing clean and functional, the kitchen features (light wood cabinets, granite-like countertops) and bathroom styles (white vanities, standard fixtures, sliding shower doors) appear original to the build year or from an older renovation. These elements are functional but show signs of being outdated, aligning with the 'Fair' condition criteria for properties built over 20 years ago that require minor updates to meet current aesthetic standards.
Pros & Cons

Pros

Strong Income Potential: The property offers significant investment potential, particularly for lucrative short-term rental income during festival season, enhanced by the detached Casita.
Resort-Style Community & Amenities: Located within the desirable, guard-gated Indian Palms Country Club, providing access to golf, tennis, and clubhouse facilities, with planned updates to the golf course.
Versatile Living Spaces: Includes a detached Casita, offering ideal flexibility for guests, extended family, or additional rental income, alongside a spacious main home.
Private Outdoor Oasis: Features a sparkling in-ground pool and spa, covered seating area, and mature landscaping, creating a perfect private desert retreat for relaxation and entertaining.
Functional & Entertaining Layout: The home boasts a huge open-concept living area with a spacious kitchen island, seamlessly flowing for entertaining, and a thoughtful floor plan ensuring privacy between bedrooms.

Cons

Ongoing Association Fees: The $222.0 monthly association fee adds a recurring cost to ownership, which should be factored into the overall budget.
Potential for High Utility Costs: Given the desert climate of Indio and the presence of a pool and spa, utility expenses for cooling and pool maintenance are likely to be substantial.
Seasonal Rental Income Dependency: While ideal for festival season rentals, income potential may be highly seasonal, potentially leading to lower occupancy or rates during off-peak periods.

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