$650,000
●
House -
For Sale
49337 Nicholson Court
Indio, CA 92201
3 Beds
2 Baths
2,231 Ft²
$3,508
Est. Monthly
$316
HOA / Fees
About This Property
Turnkey desert retreat, income-producing opportunity, and one of
the few remaining homes in a sought-after
short-term-rental-friendly community. Perfectly positioned just
minutes from the Empire Polo Grounds, home of the world-famous
Coachella and Stagecoach festivals, this property offers the rare
combination of lifestyle, location, and investment potential.Adding
to its appeal, qualified buyers may have the opportunity to assume
the existing low-interest loan (subject to lender approval),
creating a substantial financial advantage in today's higher-rate
environment.The highly desirable Gallery floor plan was designed
for effortless indoor-outdoor living, featuring an open-concept
great room with fireplace, spacious dining area, and an
entertainer's kitchen complete with granite countertops, white
cabinetry, oversized center island, and walk-in pantry. Expansive
sliding glass doors open to the covered patio, creating the perfect
setting for relaxing weekends, seasonal escapes, or hosting
guests.The private primary suite serves as a peaceful retreat with
direct backyard access, dual vanities, a large walk-in closet, and
spa-like bath. Two additional guest bedrooms, a full bathroom, and
powder room provide flexibility for family, visitors, or vacation
rental accommodations. Thoughtful upgrades include 9-foot ceilings,
8-foot doors, and a finished garage with dedicated golf cart
space.Situated on a quiet cul-de-sac near a tranquil water feature,
residents enjoy access to an impressive collection of resort-style
amenities including multiple pools and spas, pickleball and tennis
courts, bocce ball, fitness center, and beautifully maintained
grounds.Whether you're seeking a high-performing vacation rental, a
lock-and-leave second home, or a full-time desert residence, this
property delivers on every level. With strong year-round demand, an
unbeatable location near major events, resort-style amenities, and
the potential benefit of an assumable low-rate loan, this is a rare
opportunity to secure both a lifestyle asset and a smart investment
in one of the Coachella Valley's most desirable communities.
Unit Size
2,231 Ft²
Days on Market
69 days
Land Size
0.14 acres
Price per sqft
$291
Property Type
House
Property Taxes
-
HOA Dues
$316
Year Built
2020
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 #219151342DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Listed by BPO Homes | $650,000 | |
| Listed by BPO Homes | |||
| Feb 20, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
|
This is the opportunity you've been waiting for--an incredible investment in one of the desert's most coveted communities. With short-term rental approval and low HOA fees, this property is an investor's dream and an ideal home for those seeking both luxury and convenience. Historically low 2.625% interest rate and an approximate balance of $320K (subject to approval), you can step into a dream investment without the typical financial hurdles.Just minutes from the legendary Coachella and Stagecoach festivals, this stunning home features the largest Gallery floor plan, offering 3 spacious bedrooms, 2.5 baths, and an expansive, open layout perfect for modern living. The chef-inspired gourmet kitchen is a masterpiece with sleek white cabinetry, granite countertops, a large island, and a walk-in pantry--ideal for hosting or enjoying intimate meals. The great room, with its cozy fireplace, effortlessly opens up to the covered patio, bringing the outdoors in for a truly seamless indoor-outdoor experience.The private primary suite is a sanctuary with a huge walk-in closet, dual vanities, and direct access to the backyard for ultimate relaxation. The guest bedrooms are spacious and share a beautifully appointed bath, while a convenient powder room makes entertaining a breeze. Additional touches, like 9-ft ceilings, 8-ft doors, and a finished garage with a golf cart bay, elevate this home beyond the ordinary.Located in a serene cul-de-sac near a peaceful water feature, this property offers unrivaled resort-style amenities, including community pools, spas, pickleball, tennis, bocce ball, and a fitness center. Move-in ready and designed with investment potential at its core, this home is a must-see. Don't let this exceptional opportunity slip through your fingers. Secure your piece of paradise today!
| |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 1, 2023 | Listed by Gallery Marketing Group, Inc. | $629,900 | |
| Listed by Gallery Marketing Group, Inc. | |||
| | |||
|
Newer construction home in the ''Gallery Links'' neighborhood of Indian Palms Country Club. Short term rental approved and low HOA's make this a much sought after property!!
This lovely home is the largest Gallery floorplan with 3 bedrooms and 2 full baths plus a powder room. Light and bright with an Island style kitchen and white cabinetry, walk in pantry and granite counters. An open great room design with fireplace. Large primary bedroom with side door opening to your covered patio and a luxurious bathroom including dual sinks and huge walk-in closet. Guest bedrooms share a bathroom and a powder room for your guests. Oversized laundry room with ample cabinets for storage. 9ft ceilings, 8ft interior doors give you a feeling of spaciousness. A finished garage plus golf cart garage. Quiet interior location on a cul de sac just across from beautiful water feature. The full yard maintenance is included in the low HOA's along with the social amenities and 3 pool/spa areas. Pickle ball, tennis and Bocce ball along with active fitness center. Beautiful home ready for your rental or to enjoy yourself! Furniture package available for purchase. Welcome to the neighborhood! The manager has listed the unit size as 2233 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, Walk-In Closet(s), AllBedroomsDown
Appliances: Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Living Room, See Through
Exterior Details
Square Footage: 2231
Square Footage Source: $0
Security Features: Gated Community, 24 Hour Security
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 2020
Builder Name: Gallery Homes ; Plan 3
Levels: One
Construction Materials: Stucco
Pool Features: Community, In Ground, Private
Pool is Private
Lot Features: Cul-De-Sac, Front Yard, Landscaped, PlannedUnitDevelopment, SprinklerSystem
Lot Size Area: 6098
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s)
Location Details
HOA/Condo/Coop Amenities: Fitness Center, Maintenance Grounds, Other, Tennis Court(s), BocceCourt, ControlledAccess
HOA Fee: $270
HOA Fee Frequency: Monthly
Condo/Coop Fee: $46
Condo/Coop 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: Angela Maciel-Gibbons, BPO Homes
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219151342DA
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219151342DA
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