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

49464 Sherman Drive, Indio, California 92201 home-pic-0

49464 Sherman Drive

Indio, California 92201

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,972Sq Ft
6,534Lot Size

Property Price

LIST PRICE$725,000
EST. MARKET VALUE
$683,444
5% AboveMARKET VALUE

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

$683,444
Based on Realkey algorithm analyzing recent comparable sales in Indio.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
49464 Sherman Drive
Subject
$725,000*
List Price
431,972$347-
A
49377 Biery Street
Sold
$730,000432,212$3300.1 mi
B
82699 Barrymore Street
Sold
$735,000432,066$3560.6 mi
C
82642 Odlum Drive
Sold
$595,000432,112$2820.2 mi
D
49354 Sherman Drive
Sold
$810,000432,212$3660.1 mi
E
49398 Sherman Drive
Sold
$720,000432,495$2890.0 mi
F
82629 Odlum Drive
Sold
$575,000231,833$3140.2 mi
G
49451 Biery Street
Active Under Contract
$510,000
List Price
431,972$2590.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

7/10

Thomas Jefferson Middle School

Grades 6-8 • 1.7 mi

3/10

Indio High School

Grades 9-12 • 1.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
61%
Baths3.03.0
50%
Square foot1,9721,981
49%
Lot Size6,5346,599
50%
Price$725.0K$575.0K
75%
Price per sq ft$368$302
80%
Built year20032004
49%
HOA$222.0$221
52%
Days on market65171
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

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