$990,000
48344 Stewart DR #K1-4
Indio, CA, 92201
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club!A unique opportunity to acquire all four units in Building K (K1, K2, K3, and K4)–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.
Property Details
Price:
$990,000
MLS #:
219141415DA
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Indian Palms
Listed Date:
Jan 22, 2026
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1982
Schools
Interior
Appliances
DW, MW, RF, GO, GR, GWH
Cooling
CA
Flooring
TILE, VINY, CARP
Heating
FA, GAS, CF
Exterior
Community Features
GOLF
Roof
TLE
Security Features
_24HR, GC
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in Indio as of Feb 12, 2026
823
Single Family Listed
70
Avg DOM
265
Avg $ / SqFt
$413,919
Avg List Price
Community
- Address48344 Stewart DR #K1-4 Indio CA
- SubdivisionIndian Palms
- CityIndio
- CountyRiverside
- Zip Code92201
Similar Listings Nearby
Property Summary
- Located in the Indian Palms subdivision, 48344 Stewart DR #K1-4 Indio CA is a Single Family for sale in Indio, CA, 92201. It is listed for $990,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1982. The average price per square foot for Single Family listings in Indio is $265. The average listing price for Single Family in Indio is $413,919. To schedule a showing of MLS#219141415da at 48344 Stewart DR #K1-4 in Indio, CA, contact your James Outland agent at 8057482262.
Courtesy of KW Coachella Valley. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 48344 Stewart DR #K1-4
Indio, CA



































