48354 Stewart Drive K2 Indio CA 92201 MLS #219141411DA

48354 Stewart Drive K2
Indio, CA, 92201
$230,000
2 Beds
1 Baths
704 SqFt
0.02 Acres
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Rare Short-Term Rental Investment Opportunity in Indian Palms Country Club! This 2-bedroom, 1-bath residence offers 704 sq. ft. (EST.) of efficient living space and is approved for short-term rentals with no rental restrictions, making it a standout income-producing opportunity. Ideally located just minutes from the Empire Polo Grounds–home to Coachella and Stagecoach–along with dining, shopping, and entertainment, the property is well positioned to capitalize on strong, year-round rental demand. Please note, all four units located in Building K are available for sale, presenting a unique opportunity for investors seeking portfolio expansion or a multi-unit acquisition within the same building. The HOA of $392/month includes 24-hour gated security, two community pools and spa, a putt-putt area, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen–enhancing guest appeal while helping manage operating costs. An excellent opportunity for investors, 1031 buyers, or those seeking a flexible desert retreat with strong income potential.

Property Details

Price:
$230,000
MLS #:
219141411DA
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Indian Palms 31432
Listed Date:
Jan 6, 2026
Finished Sq Ft:
704
Lot Size:
871 sqft / 0.02 acres (approx)
Year Built:
1982
Planned Unit DevelopmentIndian Palms 31432

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Schools

Interior

Appliances
Dishwasher, Gas Range, Microwave, Gas Oven, Refrigerator, Gas Water Heater
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central, Forced Air, Natural Gas
Interior Features
Open Floorplan
Window Features
Blinds

Exterior

Association Amenities
Barbecue, Pet Rules, Golf Course, Clubhouse, Clubhouse Paid
Community Features
Golf
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Planned Unit Development
Parking Features
Guest, Unassigned
Roof
Tile
Security Features
24 Hour Security, Gated Community
Spa Features
Community, In Ground
Stories Total
1

Financial

Association Fee
392.00

Map

Community

Subdivisions in Indio

Market Summary

Current real estate data for Condo in Indio as of Jan 15, 2026
31
Condo Listed
85
Avg DOM
293
Avg $ / SqFt
$293,703
Avg List Price

Property Summary

    Located in the Indian Palms (31432) subdivision, 48354 Stewart Drive K2 Indio CA is a Condo for sale in Indio, CA, 92201. It is listed for $230,000 and features 2 beds, 1 baths, and has approximately 704 square feet of living space, and was originally constructed in 1982. The current price per square foot is $327. The average price per square foot for Condo listings in Indio is $293. The average listing price for Condo in Indio is $293,703.

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