48374 Stewart Drive K4 Indio CA 92201 MLS #219141414DA

48374 Stewart Drive K4
Indio, CA, 92201
$240,000
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 updated 2-bedroom, 1-bath residence offers approximately 704 sq. ft. (EST.) of efficient, well-designed living space and is approved for short-term rentals with no rental restrictions–a standout opportunity within the community. Ideally located just minutes from the Empire Polo Grounds, home to the world-famous Coachella and Stagecoach music festivals, as well as nearby dining, shopping, and entertainment, this property is perfectly positioned to capture strong year-round rental demand. All four units in Building K are available for sale, presenting a rare opportunity for investors seeking a multi-unit acquisition or portfolio expansion within the same building. The monthly HOA of $392 includes 24-hour gated security, two community pools and a spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen–enhancing guest appeal while helping to manage operating costs. An excellent opportunity for investors, 1031 exchange buyers, or those seeking a flexible desert retreat with proven income potential.

Property Details

Price:
$240,000
MLS #:
219141414DA
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
PoolPlanned 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
Pool Features
In Ground, Community
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, 48374 Stewart Drive K4 Indio CA is a Condo for sale in Indio, CA, 92201. It is listed for $240,000 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 $341. 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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Indio, CA