$725,000

49464 Sherman Dr Indio, CA 92201

Estimated payment $4,642/month

4 Beds
3 Baths
1,972 Sq Ft
$368 Price per Sq Ft

Highlights

  • Golf Course Community
  • Casita
  • Golf Course View
  • In Ground Pool
  • Gated Community
  • Community Lake

About This Home

Located in the desirable, guard-gated Indian Palms Country Club, this beautifully maintained home offers resort-style living and even investment potential. With 4 bedrooms and 3 bathrooms, including a detached Casita, it provides the ideal setup for guests, extended family, or lucrative short-term rental income -- especially during festival season. The heart of the home features a huge open-concept living area with a spacious kitchen island seamlessly flowing into the living room, perfect for entertaining. The thoughtful floor plan offers excellent separation of space between the primary suite and the secondary bedrooms, ensuring privacy and comfort. Step outside to your own private desert retreat -- a sparkling in-ground pool and spa, covered seating area, and mature landscaping that enhances privacy and creates the perfect backdrop for outdoor relaxation. Additional highlights include: Over-sized garage with room for recreational toys, tools, and storage, beautifully landscaped lot within a golf course community, access to Indian Palms amenities including golf, tennis, and clubhouse facilities. Whether you're seeking a primary residence, vacation getaway, or high-demand short-term rental, this property offers it all in one of Indio's most sought-after locations. Schedule your private showing today and experience the best of desert living! New owner for the golf course has plans for many updates.

Listing Agent

Gary Scott

Valley Peak Realty License #01088816 Listed on: 08/06/2025

Co-Listing Agent

Christopher Scott

Valley Peak Realty License #01943388

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

HOA Fees

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Golf Course Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Casita
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 614470004

Community Details

Overview

  • Indian Palms Subdivision
  • On-Site Maintenance
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 367.65
  • View Type: Golf Course
  • Year Built: 2003
  • Co Listing Member Address: 44276 San Jose Ave, Palm Desert, CA 92260
  • Co Listing Office Address: 44276 San Jose Ave, Palm Desert, CA 92260
  • Listing I D: 219140648
  • Listing Member Address: 44276 San Jose Ave, Palm Desert, CA 92260
  • Listing Office Address: 44276 San Jose Ave, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Mixed
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry: Individual Room
  • Estimated Sq Ft: 1972.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Pet Rules, Management, Maintenance Grounds, Lake or Pond, Golf Course
  • HOA Information: Yes
  • HOA Fee 1: 222.00
  • HOA Fee 2: 48.00
  • Total Monthly Association Fees: 270.00

Lot Info

  • Assessor Parcel Number: 614470004
  • Lot Size: 6534.00

Rental Info

  • Furnished: Unfurnished
  • 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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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 $7,012 $414,321 $145,009 $269,312
2023 $7,012 $398,234 $139,379 $258,855
2022 $6,535 $390,427 $136,647 $253,780
2021 $6,393 $382,772 $133,968 $248,804
2020 $5,930 $378,848 $132,595 $246,253
2019 $5,789 $371,421 $129,996 $241,425
2018 $5,680 $364,140 $127,449 $236,691
2017 $5,640 $357,000 $124,950 $232,050
2016 $4,804 $289,127 $101,194 $187,933
2015 $4,840 $284,786 $99,675 $185,111
2014 $4,797 $279,209 $97,723 $181,486
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2025 08/06/25 For Sale $725,000 +107.1% $368 / Sq Ft
06/29/2016 06/29/16 Sold $350,000 -5.1% $177 / Sq Ft View Prior Sale
05/14/2016 05/14/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $369,000 +35.4% $187 / Sq Ft
05/16/2012 05/16/12 Sold $272,500 -11.8% $138 / Sq Ft View Prior Sale
03/22/2012 03/22/12 Price Changed $309,000 -4.9% $157 / Sq Ft
01/11/2012 01/11/12 Price Changed $324,900 -4.3% $165 / Sq Ft
11/13/2011 11/13/11 For Sale $339,500 -- $172 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $350,000 Lawyers Title Company
Grant Deed $272,500 Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $289,500 Equity Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $302,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,525 VA
Previous Owner $241,613 Purchase Money Mortgage
Closed $30,200 No Value Available
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219140648

California Desert Association of REALTORS®

APN: 614-470-004