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46638 Arapahoe, B, Indian Wells, CA 92210

$500K2bd · 2ba · 1,446 sqft
Lot 1,502 sqft•HOA $766/mo•Condominium•
Active
•10d on market•MLS# 219153664

Property Description

Extensively remodeled and beautifully appointed, this exceptional Mountain Cove condo showcases dramatic Santa Rosa Mountain views from a quiet Indian Wells setting. Thoughtful upgrades, designer finishes and an inviting indoor-outdoor layout create a sophisticated desert retreat in one of the area's most distinctive mountain-adjacent communities. The open great room is highlighted by a soaring vaulted wood-plank beamed ceiling, a gas fireplace with mantle, dining area and direct access to multiple outdoor patio decks that extend the living space and capture the surrounding mountain scenery. The updated kitchen features stainless appliances, custom white cabinetry and a striking quartz waterfall countertop. A separate indoor laundry room with full-size washer and dryer is conveniently located just off the kitchen. Designer details include Versace wallpaper and custom tilework throughout. This spacious second-floor corner/end unit offers added privacy and natural light, with two generously sized bedrooms thoughtfully separated for comfort, each with its own remodeled en-suite bath with white cabinets. Newer ac unit & hard surface wood-look flooring. The guard gated property also offers excellent investment potential, with rental income history available for review. Rentals of 30 days or more are permitted, providing flexibility for seasonal or longer-term use. A private one-car garage includes a Tesla charger, with additional unreserved parking conveniently located nearby. Mountain Cove is directly adjacent to Indian Wells Country Club and set against the dramatic Santa Rosa Mountains. Indian Wells residents enjoy valuable city-sponsored benefits, including discounted golf at two championship courses, discounts at participating Indian Wells resorts and spas, and access to the Grand Hyatt fitness center, subject to current City programs and availability. The Indian Wells Tennis Garden, home of the BNP Paribas Open, is nearby, along with Trader Joe's, Vons, Stater Bros., restaurants, services and medical facilities. El Paseo, the McCallum Theatre, College of the Desert, galleries, shopping and dining are approximately 10 minutes away, with several prominent golf venues also close by.

Features & Amenities

Mountain CoveLeaseBuilt 1980

Property Details

Subdivision
Mountain Cove
Land Type
Lease
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central, Fireplace(s)
Cooling
Air Conditioning
View
Mountain(s)
City
Indian Wells
Zip Code
92210
County
Riverside
Listed byBennion Deville Homes, Joan MacPherson·760-773-3958

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,527.77
Principal & Interest
Loan Amount
$399,920
Total Interest
$510,076
Total Payment Over 30 Years
$909,996
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Mountain Cove

This property is located in Mountain Cove, a community in Indian Wells. Explore more listings in this neighborhood to compare options and pricing.

View Mountain Cove Listings

Comparative Market Analysis

Affordable Tier · 4 active · 0 closed

46638 Arapahoe, B, Indian Wells, CA 92210

Mountain Cove · Indian Wells · Condominium · Lease Land

$500K
Affordable Tier
Beds
2
Baths
2
Sqft
1,446
Lot
1,502 sqft
Year
1980
$/Sqft
$346
Pool: Yes✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Comparable sales support the current list price.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $346/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $850K
−$350K (−41.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $394
−$48 (−12.2%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
45800 Pima RoadIndian Wells1968231,8472,287$460$850,0004064
77675 Seminole RoadIndian Wells1973231,7165,109$522$895,0002560
74964 Chateau CircleIndian Wells1975331,9472,735$357$695,000656
75711 Camino De PlataIndian Wells1964332,0243,358$237$479,0002451
Total: 4 · Average2.53.01,883.53,372.25$394$729,75023.75
Median1,947$850,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.