interval j1
1 / 23

48304 Stewart Drive, J1, Indio, CA 92201

$230K2bd · 1ba · 704 sqft
Lot 871 sqftHOA $392/moCondominium
Active
119d on marketMLS# 219141927

Property Description

Great Starter Home Opportunity in Indian Palms Country Club! This inviting 2-bedroom, 1-bath residence offers a smart and efficient floor plan with 704 sq. ft. (EST.) of comfortable living space—ideal for first-time buyers, part-time desert living, or a low-maintenance retreat. This home is also uniquely eligible for short-term rentals with no rental restrictions—an exceptional find within the community. A private patio opens to a lush, grassy greenbelt, providing a peaceful outdoor area rarely found in this price range. Ownership comes with 24-hour gated security, access to two swimming pools (including a brand-new, resort-quality pool complex), two spacious grass courtyards, a professional-quality 2,500-square-foot putting green, and a barbecue and fire pit area. Owners also enjoy two dedicated parking spaces adjacent to ample guest parking. These amenities, combined with the low monthly HOA of $392, make this property a truly one-of-a-kind starter home opportunity within a gated community. Just minutes from the Empire Polo Grounds, dining, shopping, and world-class festivals, this home delivers an exceptional blend of comfort, convenience, and value—an ideal entry point into desert living. Whether you're seeking a desert getaway, an investment property, or both—this is a rare opportunity not to be missed. An excellent opportunity for investors, 1031 buyers, or those seeking a flexible desert retreat with strong income potential.

Features & Amenities

Indian PalmsFeeBuilt 1982

Property Details

Subdivision
Indian Palms
Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Central Air
Flooring
Carpet, Tile
Roof
Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byKW Coachella Valley, Jelmberg Team·760-732-5867

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,163.01
Principal & Interest
Loan Amount
$184,000
Total Interest
$234,682
Total Payment Over 30 Years
$418,682
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Indian Palms

This property is located in Indian Palms, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.

View Indian Palms Listings

Comparative Market Analysis

Affordable Tier · 5 active · 0 closed

48304 Stewart Drive, J1, Indio, CA 92201

Indian Palms · Indio · Condominium

$230K
Affordable Tier
Beds
2
Baths
1
Sqft
704
Lot
871 sqft
Year
1982
$/Sqft
$327
Pool: Yes
Spa: Yes

Comparable sales support the current list price.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $230K· $327/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $230K
$0 (0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $351
$24 (6.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
82567 Avenue 48Indio198021704871$391$275,0006698
48324 Stewart DriveIndio198221704871$327$230,00011698
48334 Stewart DriveIndio198221704871$327$230,00011698
48314 Stewart DriveIndio198221704871$327$230,00011698
82567 Avenue 48Indio198021704710$381$268,000098
Total: 5 · Average2.01.0704838.8$350.6$246,60082.8
Median704$230,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.