$240,000

48374 Stewart Dr Unit K4 Indio, CA 92201

Estimated payment $1,887/month

2 Beds
1 Bath
704 Sq Ft
$341 Price per Sq Ft

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • In Ground Pool
  • Open Floorplan
  • Secondary bathroom tub or shower combo

About This Home

Rare Short-Term Rental Investment Opportunity in Indian Palms Country Club! This updated 2-bedroom, 1-bath residence offers approximately 704 sq. ft. (EST.) of efficient, well-designed living space and is approved for short-term rentals with no rental restrictions--a standout opportunity within the community. Ideally located just minutes from the Empire Polo Grounds, home to the world-famous Coachella and Stagecoach music festivals, as well as nearby dining, shopping, and entertainment, this property is perfectly positioned to capture strong year-round rental demand. All four units in Building K are available for sale, presenting a rare opportunity for investors seeking a multi-unit acquisition or portfolio expansion within the same building. The monthly HOA of $392 includes 24-hour gated security, two community pools and a spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest appeal while helping to manage operating costs. An excellent opportunity for investors, 1031 exchange buyers, or those seeking a flexible desert retreat with proven income potential.

Listing Agent

Jelmberg Team

KW Coachella Valley License #01765542 Listed on: 01/06/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vertical Blinds
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Secondary bathroom tub or shower combo

Parking

  • Guest Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 614342021

Community Details

Overview

  • Association fees include clubhouse
  • Indian Palms Subdivision
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 340.91
  • Water District Name: Indio Water Authority
  • Year Built: 1982
  • Listing I D: 219141414
  • Listing Member Address: 39575 WASHINGTON ST STE 105, Palm Desert, CA 92211
  • Listing Office Address: 39575 WASHINGTON ST STE 105, Palm Desert, CA 92211
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Gas Oven, Refrigerator
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Slab Counters
  • Laundry: Community
  • Estimated Sq Ft: 704.00
  • Windows Treatments: Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Parking: Guest, Unassigned

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Barbecue, Pet Rules, Guest Parking, Golf Course, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 392.00
  • Total Monthly Association Fees: 392.00

Lot Info

  • Assessor Parcel Number: 614342021
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $240,000 -- $341 / Sq Ft
Source: California Desert Association of REALTORS®

Source: California Desert Association of REALTORS®

MLS Number: 219141414

California Desert Association of REALTORS®