49534 Lewis Road, Indio, California 92201, Indio, 92201 - 3 bed, 3 bath
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Indio, California 92201
This Turnkey STR-Ready Residence is a Prime Investment Opportunity, listed at $649,000—positioned well below the $679,000 Fair Market Value by 4%. This valuation gap offers $30,000 in Instant Equity. Boasting a Condition Rating of 2, the home features a Remodeled Granite Kitchen, Private Pool, and a rare RV Garage. Located in a gated community permitting short-term rentals near festival grounds, it balances high-yield potential with proximity to a 7/10 rated elementary school. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49534 Lewis Road Subject | $649,000* List Price | 3 | 3 | 2,180 | $298 | - |
A 49475 Redford Way Sold | $640,000 | 3 | 4 | 2,088 | $307 | 0.1 mi |
B 47666 Margarita Street Sold | $635,000 | 4 | 3 | 2,125 | $299 | 1.0 mi |
C 49647 Lewis Road Sold | $625,000 | 3 | 3 | 2,044 | $306 | 0.1 mi |
D 51225 Clubhouse Drive Sold | $800,000 | 3 | 3 | 2,112 | $379 | 1.0 mi |
E 49355 Biery Street Sold | $565,000 | 4 | 4 | 2,264 | $250 | 0.5 mi |
F 48753 Barrymore Street Sold | $690,000 | 3 | 3 | 2,126 | $325 | 0.4 mi |
G 49337 Nicholson Court Active | $699,000 List Price | 3 | 3 | 2,231 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has been extensively and recently remodeled to meet modern standards. The kitchen features updated granite countertops, stainless steel appliances, and contemporary cabinetry. The bathrooms have been modernized with new vanities and custom tile work. With new flooring, fresh paint, a fully paid solar system, and a turn-key furnished status, the home shows no deferred maintenance and reflects high-end, recent renovation quality.
Located in a community that permits short-term rentals and offered fully furnished, this turn-key property is perfectly positioned for immediate use as a high-yield vacation rental in the Indio market.
The home features a fully paid solar system and a competitive HOA fee of $275, offering significant long-term savings on utility and monthly maintenance costs.
Beyond the private pool and modern interior remodels, the expansive RV garage provides rare and valuable space for leisure vehicles or hobbyist storage that is difficult to find in gated communities.
The assigned middle and high schools carry lower performance ratings (3/10 and 4/10), which may limit the property's appeal to families prioritizing local educational infrastructure.
A recent price reduction from the original list price and a significant increase over the 2023 sale price of $600,000 may lead to closer appraisal scrutiny or buyer hesitation.
Nestled inside the prestigious gated community of Indian Palms Country Club. Perfectly suited for Short-Term Rentals!! I proudly presented to you this newly remodeled and stunning, 3- Bedrooms 3-Baths home!! Offering 2180 square feet of modern elegance. The beautiful kitchen boast a breakfast bar, with plenty of cabinets and storage space. Stainless steel appliances completed with granite counter tops. Inviting and bright area for family gatherings. Living room seamlessly welcome you to a family area, each adorned with a cozy and tastefully decorated fireplaces. The backyard is a delightful area that counts with splashy private pool and patio, ideal for relaxation and entertaining. Beside the garage this property offers an expansive RV garage with enough space for any of your leisure hobbies. Community allowed short term rentals! Did I mentioned is is a Turn key fully furnished?!? The community included, Tennis Courts, Gym, Restaurant, Club House and more. Residents enjoy exclusive access to a world-class country club and golf course making it a true oasis of luxury. Fully paid solar system included. Low HOA! This beauty certainly will not disappoint!!!
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,180 | 1,995 | 62% |
| Lot Size | 6,970 | 6,534 | 54% |
| Price | $649.0K | $569.0K | 66% |
| Price per sq ft | $298 | $299 | 49% |
| Built year | 2003 | 2004 | 49% |
| HOA | $275.0 | $223 | 71% |
| Days on market | 98 | 177 | 19% |
Feb 22, 2026
$649,000
$679,000
-4% Price Drop
Initial Listing
Jan 15, 2026
$679,000
Initial Listing
Sep 14, 2023
$600,000
Public Record
Jun 15, 2021
$470,000
Public Record
May 27, 2004
$350,000
Public Record