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81402 Palmwood Drive, Indio, CA 92201

$450K2bd · 2ba · 1,085 sqft
Lot 5,227 sqftCondominium
Active
115d on marketMLS# 219145591

Property Description

Absolutely beautiful move-in ready condo featuring 2 bedrooms and 2 bathrooms (1 full and 1 half). This well-maintained home offers tile flooring throughout and a bright, open living room with a cozy fireplace. The upgraded kitchen showcases granite countertops, ample cabinetry, and a functional layout that flows seamlessly to the backyard--perfect for indoor-outdoor living. Step outside to your private retreat featuring a sparkling pool and spa, ideal for relaxing or entertaining. A true gem offering comfort, style, and resort-style living--don't miss this opportunity to own in desirable Indio.

Features & Amenities

PalmwoodFeeBuilt 1983

Property Details

Subdivision
Palmwood
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Air Conditioning
Flooring
Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byHomeSmart, Paola A Jeha·760-909-7660

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,275.44
Principal & Interest
Loan Amount
$360,000
Total Interest
$459,160
Total Payment Over 30 Years
$819,160
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palmwood

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

View Palmwood Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

81402 Palmwood Drive, Indio, CA 92201

Palmwood · Indio · Condominium

$450K
Affordable Tier
Beds
2
Baths
2
Sqft
1,085
Lot
5,227 sqft
Year
1983
$/Sqft
$415
Pool: Yes
Spa: Yes
Garage: 2-car

Listed 57.9% above the median closed sale of $285,000. Price per sqft ($415) is a 40% premium to closed comps ($296).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $450K· $415/sqft
Total list price
Closed comps
vs closed median $285K
+$165K (+57.9%)
Active comps
vs active median $320K
+$130K (+40.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $279
+$136 (+48.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
49156 Garland StreetIndio1984221,1400$281$320,0004779
49216 Garland StreetIndio1984221,1402,105$283$323,0004377
82153 Bergman DriveIndio1984221,1402,025$294$335,0005777
48255 Monroe StreetIndio1980229980$291$290,00012777
48255 Monroe StreetIndio1980129980$245$244,9507573
Total: 5 · Average1.82.01,083.22,065$278.8$302,59069.8
Median1,140$320,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
82098 Cochran DriveIndio198407/01/2026221,1401,140$339,000$339,000$2971.006076
48938 Eisenhower DriveIndio197906/29/2026221,1562,614$315,000$285,000$2470.915475
47395 Monroe StreetIndio200205/08/2026221,2571,307$299,000$304,000$2421.023568
82567 Avenue 48Indio198006/11/202621704871$258,000$254,000$3610.98062
82815 Davis DriveIndio198105/12/202621704762$239,950$235,000$3340.986962
Total: 5 · Average2.01.6992.21,338.8$283,400$283,400$296.243.6
Median1,140$285,000$285,000

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.