$735,000
UNDER CONTRACT

49398 Sherman Dr Indio, CA 92201

Estimated payment $5,207/month

Total Views 1,188
4 Beds
3 Baths
2,495 Sq Ft
$295 Price per Sq Ft

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Heated In Ground Pool
  • Golf Course View
  • Clubhouse

About This Home

Incredible Short-Term Rental Opportunity. Sold Fully Furnished! Welcome to your dream getaway in Indian Palms Country Club--a beautifully upgraded golf course home with private pool and spa, sold fully furnished and ready to enjoy or rent out immediately!Spanning 2,495 sq. ft., this spacious residence features 4 generous bedrooms and 2.5 bathrooms, making it the ideal vacation home or high-demand rental. The kitchen boasts granite countertops, stainless steel appliances, and an open-concept layout flooded with natural light. Recently installed luxury vinyl plank flooring adds warmth and style throughout the home (excluding kitchen). Step outside and take in breathtaking views of the Mountain Course's Signature 5th Hole Fairway from your private backyard oasis. Indian Palms Country Club offers resort-style amenities including 27 holes of championship golf, a fitness center, tennis and pickleball courts, pools/spas, gated security, and even a boutique hotel for your guests--all with low HOA dues.Just minutes from the world-renowned Coachella and Stagecoach music festivals, this is a prime location for both personal enjoyment and maximum rental potential. Don't miss your chance to own this turnkey gem!

Listing Agent

Galina Tucker

Compass License #02024269 Listed on: 10/22/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $316 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 2,495 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Golf Course Views

Kitchen

  • Breakfast Room
  • Convection Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Assessor Parcel Number 614470007

Community Details

Overview

  • Association fees include clubhouse
  • Indian Palms Subdivision
  • On-Site Maintenance
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$316 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above, Ground, One
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 294.59
  • View Type: Golf Course
  • Year Built: 2003
  • Listing I D: 219137432
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Indian Palms
  • Special Features: UnderContract

Interior Features

  • Appliances: Dryer, Gas Range, Convection Oven, Exhaust Fan, Washer, Refrigerator, Ice Maker, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Starter
  • Flooring: Vinyl, Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Nook
  • Kitchen Features: Granite Counters, Granite Slab Counters
  • Estimated Sq Ft: 2495.00

Exterior Features

  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Gunite, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Private, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Volt 220: In Garage, In Laundry
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Security: Card/Code Access, Gated Community, Community
  • Sewer: In, Connected and Paid

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: Controlled Access, Pet Rules, Management, Maintenance Grounds, Lake or Pond, Guest Parking, Golf Course, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 316.00
  • Total Monthly Association Fees: 316.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614470007
  • Irrigation: Drip System, Sprinkler System
  • Lot Size: 6534.00

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,346 $876,432 $260,100 $616,332
2023 $12,346 $842,400 $250,000 $592,400
2022 $7,932 $506,000 $39,270 $466,730
2021 $5,688 $333,219 $116,624 $216,595
2020 $5,335 $329,804 $115,429 $214,375
2019 $5,206 $323,338 $113,166 $210,172
2018 $5,108 $316,999 $110,948 $206,051
2017 $5,080 $310,784 $108,773 $202,011
2016 $5,474 $345,885 $121,056 $224,829
2015 $5,528 $340,691 $119,239 $221,452
2014 $5,457 $334,019 $116,904 $217,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 For Sale $735,000 -12.5% $295 / Sq Ft
08/01/2022 08/01/22 Sold $840,000 +1.8% $337 / Sq Ft View Prior Sale
07/05/2022 07/05/22 Price Changed $825,000 +10.0% $331 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $749,999 +66.7% $301 / Sq Ft
05/04/2021 05/04/21 Sold $450,000 +3.4% $180 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $435,000 -- $174 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $840,000 None Listed On Document
Interfamily Deed Transfer -- Ticor Title San Diego Branch
Grant Deed $450,000 Ticor Title San Diego Branch
Grant Deed $402,500 Orange Coast Title
Special Warranty Deed $305,000 Servicelink
Interfamily Deed Transfer -- First American Title Company
Grant Deed $288,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $672,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $640,000 Commercial
Previous Owner $206,250 New Conventional
Previous Owner $230,392 Credit Line Revolving
Closed $57,598 No Value Available
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219137432

California Desert Association of REALTORS®

APN: 614-470-007