
Indio, California 92201
This Turnkey Short-Term Rental Asset is a Strong Value Opportunity, listed at $575,000—positioned well above the $534,237 Fair Market Value by 7%. While priced at a premium, the property offers immediate income potential with an existing permit and full furnishings. Featuring a Condition Rating of 3, the home includes a private salt-water pool and spa and access to Indian Palms Country Club amenities. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a festival-adjacent retreat in a resort-style community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82406 Cochran Drive Subject | $575,000* List Price | 2 | 2 | 1,507 | $355 | - |
A 49840 Jade Way Sold | $435,000 | 2 | 2 | 1,507 | $289 | 0.3 mi |
B 82570 Delano Drive Sold | $540,000 | 2 | 2 | 1,507 | $358 | 0.2 mi |
C 82087 Hopkins Drive Sold | $455,000 | 2 | 3 | 1,619 | $281 | 0.3 mi |
D 82689 Odlum Drive Sold | $467,000 | 2 | 2 | 1,627 | $287 | 0.4 mi |
E 82237 Travolta Avenue Sold | $455,000 | 2 | 3 | 1,619 | $281 | 0.2 mi |
F 82387 Painted Canyon Avenue Sold | $479,000 | 3 | 2 | 1,357 | $353 | 1.0 mi |
G 47662 Black Mountain Street Sold | $530,000 | 3 | 2 | 1,725 | $307 | 0.9 mi |
H 49382 Wayne Street Sold | $480,000 | 3 | 2 | 1,750 | $274 | 0.6 mi |
I 82537 Delano Drive Active | $487,000 List Price | 2 | 2 | 1,507 | $323 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999, this property is well-maintained and move-in ready. While the structure is 25 years old, it features several updates including a renovated bathroom vanity with a vessel sink, stainless steel appliances, and brand-new pool systems (pump and salt water system). The interior shows pride of ownership and functional modern touches, placing it in the 5-15 year renovation/maintenance category.
The property is offered fully furnished with an existing short-term rental permit in a prime festival-adjacent location, making it an immediate income-generating asset.
The backyard features a private salt-water pool and spa with recent upgrades, including LED lighting, remote programming, and a new pump, ideal for high-end entertaining.
Located in the Indian Palms Country Club, residents have access to 27 holes of golf, a clubhouse, fitness center, and courts for tennis, pickleball, and bocce ball.
With only two bedrooms, the home may face competition from larger properties in the area, potentially limiting its appeal to bigger families or groups.
The assigned middle and high schools have relatively low ratings (3 and 4 respectively), which may deter long-term owner-occupants with school-aged children.
Located in the heart of the festivals, this property is exactly what you've been searching for. This highly desired community of Indian Palms Country Club. Truly an entertainer's delight, this immaculate home offers an open kitchen and living room floor plan, a built in gas fire place, large windows, and French doors leading to a patio equipped to wow your guests. Enjoy the privacy of a spacious back yard featuring conversation seating with a fire pit and a very relaxing POOL & SPA that has been customized with LED lights and remote programming ,a recently installed new salt water system for the pool. Just replaced pool pump this week. OFFERED FULLY FURNISHED, with stainless steel appliances, washer dryer and plenty of cabinet storage space. Indian Palms offers 27 holes of golf, clubhouse fitness, tennis, pickle ball and bocce ball. This home is also used as a short term rental with existing permit
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,507 | 1,953.5 |
| Lot Size | 6,534 | 6,970 |
| Price | $575.0K | $544.5K |
| Price per sq ft | $382 | $281 |
| Built year | 1999 | 2005 |
| HOA | $180.0 | $280 |
| Days on market | 26 | 80 |
Jun 26, 2026
$575,000
Initial Listing
Jun 24, 2022
$670,000
Public Record
Mar 27, 2020
$326,000
Public Record
Dec 10, 2009
$159,000
Public Record
Jan 8, 2002
$190,000
Public Record
Dec 7, 1999
$164,000
Public Record