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

49464 Sherman Drive, Indio, California 92201 home-pic-0
ACTIVE$725,000$1,972/sqft
Est. Value: $683,444
-5%
AboveEstimate
49464 Sherman Drive, Indio, California 92201
4Beds
3Baths
1,972Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($683,444.27) is $41,555.73 (5%) lower than the list price ($725,000). This property may be overpriced.

Key pros and cons

Top Pros:
Detached Casita & Rental Potential: The property includes a detached Casita, offering versatile accommodations for guests, extended family, or significant income potential as a short-term rental, especially during festival season.
Top Cons:
Recurring Association Fees: The monthly association fee of $222 adds a recurring cost to homeownership, which potential buyers must factor into their budget.

Compared to the nearby listings

Price:$725.0K vs avg $550.0K (+$175,000)78%
Size:1,972 sqft vs avg 1,928 sqft53%
Price/sqft:$368 vs avg $30284%

More Insights

Built in 2003 (23 years old).
Condition: Built in 2003, this property is 21 years old but is described as 'beautifully maintained' and appears move-in ready with no immediate renovations required. The kitchen features functional light wood cabinets, granite countertops, and a mix of appliances (white refrigerator, stainless dishwasher), while the bathrooms have traditional vanities and fixtures. All areas are clean and well-kept, with tile flooring throughout. While the aesthetic reflects its original build year and is not extensively updated to current modern trends, all major systems and components are functional and show minimal wear and tear, aligning with the 'Good' condition criteria.
Year Built
2003
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$368
HOA
$222
Days on market
-
Sold On
-
MLS number
219140648DA
Home ConditionGood
Features
Good View: Golf Course
Pool
Spa
Patio
ViewGolf Course

About this home

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.

G
Gary Scott
Listing Agent

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,•K-5•1.2mi
3/10
Thomas Jefferson Middle School
Public,•6-8•1.7mi
4/10
Indio High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
06/29/16
Sold
$350,000
05/15/12
Sold
$272,500
10/09/09
Sold
$289,500
11/14/03
Sold
$302,500
Condition Rating
Good
Built in 2003, this property is 21 years old but is described as 'beautifully maintained' and appears move-in ready with no immediate renovations required. The kitchen features functional light wood cabinets, granite countertops, and a mix of appliances (white refrigerator, stainless dishwasher), while the bathrooms have traditional vanities and fixtures. All areas are clean and well-kept, with tile flooring throughout. While the aesthetic reflects its original build year and is not extensively updated to current modern trends, all major systems and components are functional and show minimal wear and tear, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Detached Casita & Rental Potential: The property includes a detached Casita, offering versatile accommodations for guests, extended family, or significant income potential as a short-term rental, especially during festival season.
Resort-Style Living & Community Amenities: Located within the desirable, guard-gated Indian Palms Country Club, residents enjoy resort-style living with access to golf, tennis, and clubhouse facilities.
Private Outdoor Oasis: A private desert retreat featuring a sparkling in-ground pool and spa, covered seating area, and mature landscaping provides an ideal setting for relaxation and entertaining.
Thoughtful Layout & Entertaining Space: The home boasts a huge open-concept living area with a spacious kitchen island, perfect for entertaining, complemented by a floor plan that ensures privacy between the primary and secondary bedrooms.
Golf Course View & Desirable Location: The property offers a golf course view and is situated in one of Indio's most sought-after guard-gated communities, enhancing its appeal and value.

Cons

Recurring Association Fees: The monthly association fee of $222 adds a recurring cost to homeownership, which potential buyers must factor into their budget.
Moderate School Ratings: While adequate, the local school ratings (7, 4, 3) are not top-tier, which could be a consideration for families prioritizing highly-rated educational institutions.
Property Age & Potential for Updates: Built in 2003, the property is over two decades old; despite being beautifully maintained, some systems or finishes may eventually require updates or replacement compared to newer constructions.
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