This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
$920,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
Property Description
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club! A unique opportunity to acquire all four units in Building J (J1, J2, J3, and J4)--each approved for short-term rentals with no rental restrictions--offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds--home to the world-renowned Coachella and Stagecoach festivals--this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.
Full Property Details
Full Property Details for 48304 Stewart Dr #J1-4
General
- Price: $920,000
- Status: Active
- Type: Condo
- Source: Desert_Area_Palm_Springs
- MLS ID: 219141944
- Updated: 2/10/2026
- Added to Site: 88 day(s) ago
Interior
- Number of Fireplaces: 1
- Appliances: Dishwasher, Gas Oven, Microwave Oven, Gas Range, Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Additional Information
- Shared Amenities: Barbecue, Pet Rules, Guest Parking, Golf Course, Clubhouse
- Pool: Yes
- Pool Description: Community, Community, Community
- Spa Description: In Ground, Community
- Security/Safety: 24 Hour Security, Gated Community, Community
Location
- Area: 314 - Indio South of Hwy 111
- County: Riverside
- Subdivision: Indian Palms
- Cross Streets: Barrymore Street
Community
- Gated community: Yes
- Assoc. Fees Include: Clubhouse
Heating & Cooling
- Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
- Heating Type: Central, Forced Air
Utilities
- Sewer: In, Connected and Paid
- Water District: Indio Water Authority
- Water: Water District
Structural Information
- Exterior Const.: Stucco
- Foundation: Slab
- Sub-Flooring: Carpet, Tile
- Entry Location: Ground Level - No Steps
- Year Built: 1982
- Year Built Source: Assessor
Lot Features
- Lot Size Source: Assessor
Financial Considerations
- Terms: Cash, Submit
Disclosures and Reports
- APN: 614342009
Listed by KW Coachella Valley, Jelmberg Team
Get Pre-Approved Today
Schools
Schools serving 48304 Stewart Dr #J1-4
School District:Desert Sands Unified School District
| Name | Grades | Distance |
|---|---|---|
Dr. Reynaldo J. Carreon Jr. Academy 47-368 Monroe St., Indio, CA 92201 | K-5 | 1 mi |
Thomas Jefferson Middle School, Indio, CA 83-089 Highway 111, Indio, CA 92201 | 6-8 | 1.1 mi |
Indio High School 81-750 Ave. 46, Indio, CA 92201 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48304 Stewart Dr #J1-4
Date
Details
Price
Change
Source
1/06/2026
Listed
$920,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48304 Stewart Dr #J1-4
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,300
9%
$48,059
2%
2024
$1,197
6%
$47,118
2%
2023
$1,133
3%
$46,195
2%
2022
$1,100
9%
$45,290
2%
2021
$1,011
10%
$44,403
1%
2020
$917
3%
$43,949
2%
2019
$890
1%
$43,088
2%
2018
$880
1%
$42,244
2%
2017
$869
1%
$41,417
2%
2016
$857
5%
$40,606
2%
2015
$815
1%
$39,998
2%
2014
$807
—
$39,217
—
2013
$804
—
$39,042
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48304 Stewart Dr #J1-4
48304 Stewart Drive #J1-4, Indio, CA 92201 (MLS# 219141944) is a Condo property with 0 bedrooms and 4 full bathrooms. 48304 Stewart Drive #J1-4 is currently listed for $920,000 and was received on January 06, 2026. Want to learn more about 48304 Stewart Drive #J1-4? Do you have questions about finding other Condo real estate for sale in Indio? You can browse all Indio real estate or contact a Coldwell Banker agent to request more information.

