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

49464 Sherman Drive
Indio, California 92201
Property Price
SUMMARY
Analysis of 49464 Sherman Drive, Indio, California 92201 reveals a property with a current list price of $725,000, which is 5% above the estimated $683,444 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Indio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49464 Sherman Drive Subject | $725,000* List Price | 4 | 3 | 1,972 | $347 | - |
A 49377 Biery Street Sold | $730,000 | 4 | 3 | 2,212 | $330 | 0.1 mi |
B 82699 Barrymore Street Sold | $735,000 | 4 | 3 | 2,066 | $356 | 0.6 mi |
C 82642 Odlum Drive Sold | $595,000 | 4 | 3 | 2,112 | $282 | 0.2 mi |
D 49354 Sherman Drive Sold | $810,000 | 4 | 3 | 2,212 | $366 | 0.1 mi |
E 49398 Sherman Drive Sold | $720,000 | 4 | 3 | 2,495 | $289 | 0.0 mi |
F 82629 Odlum Drive Sold | $575,000 | 2 | 3 | 1,833 | $314 | 0.2 mi |
G 49451 Biery Street Active Under Contract | $510,000 List Price | 4 | 3 | 1,972 | $259 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 49464 Sherman Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $222.0 / Month
Neighborhood Insights
Indio Unified Schools
Dr. Reynaldo J. Carreon Jr. Academy
Grades K-5 • 1.2 mi
Thomas Jefferson Middle School
Grades 6-8 • 1.7 mi
Indio High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,972 | 1,981 | 49% |
| Lot Size | 6,534 | 6,599 | 50% |
| Price | $725.0K | $575.0K | 75% |
| Price per sq ft | $368 | $302 | 80% |
| Built year | 2003 | 2004 | 49% |
| HOA | $222.0 | $221 | 52% |
| Days on market | 65 | 171 | 7% |
Pricing History
Listed for Sale
Jan 2, 2026
$725,000
Initial Listing
Sold
Jun 29, 2016
$350,000
Public Record
Sold
May 15, 2012
$272,500
Public Record
Sold
Oct 9, 2009
$289,500
Public Record
Sold
Nov 14, 2003
$302,500
Public Record
































