$620,000
↓ $29K (4.5%)
●
House -
For Sale
48305 Pic Way
Indio, CA 92201
4 Beds
3 Baths
2,166 Ft²
$3,120
Est. Monthly
$75
HOA / Fees
About This Property
Welcome to this stunning four-bedroom, three-bathroom home nestled
within the sought-after Indian Palms Country Club community. Fully
furnished and move-in ready, this turnkey residence offers an open
floor plan designed for comfortable living and effortless
entertaining, anchored by a well-appointed kitchen that flows
seamlessly into the main living areas.Step outside to your private
backyard retreat featuring a sparkling pool, fire pit, and covered
patio -- all framed by breathtaking west-facing mountain views that
make every sunset something to look forward to. Out front, a
generous driveway and welcoming patio area give you the perfect
spot to take in the morning light as well.Beyond your doorstep,
Indian Palms delivers resort-style living with community pools, a
restaurant, and golf all just minutes from the world-famous Polo
grounds. Whether you are looking for a full-time residence or a
30-day short-term rental investment, this property checks every
box.Homes like this do not last. Schedule your showing today.Home
is currently a short term rental for April. First showings
available May 2nd 2026.
Unit Size
2,166 Ft²
Days on Market
186 days
Land Size
0.20 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2003
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (CRMLS #219146568DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$620,000
↓ $29K
(4.5%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by eXp Realty Of Southern California Inc | $649,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
| Jan 11, 2026 | Price Decreased |
$630,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed | $639,500 | |
| Listed | |||
| | |||
|
Offered TurnKey furnished as you see! Step inside this impeccably maintained home filled natural light and being offered Furnished as you see in the photos! This home is on the second fairway of the IPCC golf course and on a street with lighter thru traffic. The home features 4 bedrooms and 3 bathrooms for your desert guests, family or ideal as a rental. The home offers a large salt water pool and spa hidden behind a tall hedge for added privacy and greenery. Decorated with an equestrian Yellowstone type theme and being sold furnished makes this a seamless year round or winter retreat. The home is situated in Indian Palms Country Club which has an onsite fitness center, golf course, pickle ball and tennis courts, onsite restaurant and hotel within a short walking distance or golf cart ride. Don't let this beautiful well maintained home with low HOA dues get away from you! Also located within the IID power district which offers lower power bills than other area providers! Close to festivals, polo, horses show, outside area golf courses, shopping and dining.
| |||
| Dec 9, 2025 | Price Decreased |
$639,500
↓ $10K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 2166
Square Footage Source: $0
Security Features: Gated Community, 24 Hour Security
Year Built Source: Assessor
Year Built: 2003
Pool Features: In Ground, Private
Pool is Private
Lot Features: PlannedUnitDevelopment, SprinklerSystem
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Fitness Center, Tennis Court(s)
HOA Fee: $75
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Ashley Robertson, eXp Realty Of Southern California Inc
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219146568DA
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219146568DA
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