49728 Pacino Street, Indio, California 92201, Indio, 92201 - 3 bed, 3 bath
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Indio, California 92201
This lakefront property represents a High-Potential Investment Opportunity, listed at a List Price of $530,000—positioned well above the $499,069 Fair Market Value by 6%. While the property carries a Fair Condition Rating due to dated interiors, its prime location near the Empire Polo Club and relaxed short-term rental restrictions offer significant revenue potential. Featuring a private pool, spa, and lake views, this asset is perfectly suited for Buy-and-Hold Investors or Short-Term Rental Operators looking to capitalize on the festival market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49728 Pacino Street Subject | $530,000* List Price | 3 | 3 | 1,683 | $297 | - |
A 49668 Minelli Street Sold | $489,900 | 3 | 3 | 1,831 | $268 | 0.2 mi |
B 82707 Scenic Drive Sold | $410,000 | 3 | 3 | 1,842 | $223 | 0.7 mi |
C 82626 Redford Way Sold | $565,000 | 3 | 2 | 1,521 | $371 | 0.5 mi |
D 82560 Delano Drive Sold | $649,000 | 4 | 3 | 1,703 | $381 | 0.4 mi |
E 82783 Burnette Drive Sold | $499,999 | 3 | 3 | 2,092 | $239 | 0.8 mi |
F 82515 Grant Drive Sold | $502,000 | 3 | 2 | 1,704 | $295 | 0.5 mi |
G 82627 Sky View Lane Active | $555,000 List Price | 3 | 2 | 1,833 | $303 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it just into the Fair category. While very well-maintained and move-in ready, the kitchen and baths are dated, featuring original oak-style cabinetry and white appliances that typically require updating to meet modern 'Excellent' or 'Good' standards for this price point.
Located just a block from the Empire Polo Club with relaxed short-term rental restrictions and active city permit applications, this property is perfectly positioned to capitalize on the lucrative Coachella and Stagecoach festival market.
The property features a rare lakefront setting combined with a private pool oasis and a separate casita, offering a luxury resort-style experience with high-demand amenities for both owners and guests.
The Indian Palms HOA offers exceptional value at a low monthly rate, covering guard-gated security, front and backyard landscaping, and access to extensive recreational facilities including pickleball, tennis, and four pools.
The assigned middle and high schools carry low academic ratings (3/10 and 4/10), which may limit the property's appeal to long-term resident families prioritizing education.
At 4,792 square feet, the lot is relatively small for a property featuring a main house, a casita, and a private pool, which may result in a more constrained outdoor feel compared to other desert estates.
Welcome home to your beautiful lakefront pool oasis. Upon entering the private front courtyard you will find the casita with an en-suite and large closet. The main house features two bedrooms, two bathrooms, large open concept kitchen and dining, tile floors, high ceilings and custom plantation shutters. The oversized family room opens onto the fully landscaped private pool deck! The backyard is nicely situated to provide a full lake view and still maintain complete privacy. Indian Palms is one of the lowest priced HOA's that include a guard gated entrance, pickleball, tennis, four pools and both front and backyard landscaping. The community also offers full golf membership options, hotel, and relaxed short term rental restrictions which creates a perfect investment opportunity. Currently the city is accepting short term rental applications. Indio is often coined the City of Festivals and Indian Palms is just a block away from the Empire Polo Club where Coachella and Stagecoach are hosted.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,683 | 1,953.5 |
| Lot Size | 4,792 | 6,970 |
| Price | $530.0K | $544.5K |
| Price per sq ft | $315 | $281 |
| Built year | 2005 | 2005 |
| HOA | $268.32 | $280 |
| Days on market | 71 | 80 |
May 12, 2026
$530,000
Initial Listing
Nov 6, 2009
$196,000
Public Record
May 26, 2006
$388,500
Public Record