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48309 Garbo Drive, Indio, CA 92201

$200K2bd · 1ba · 704 sqft
Lot 729 sqft•HOA $475/mo•Condominium•
Active
•39d on market•MLS# 00-26992283

Property Description

**One of the few smaller units in the complex currently priced to sell!** This charming home features newer flooring while still maintaining the original character and charm of the community. Whether you're looking to add your own personal touches or simply move in and enjoy it as-is, this property offers flexibility and opportunity.Conveniently located near an exit gate for easy access, and just a short distance from the community pool, this is a great opportunity for comfortable, laid-back living. **Affordable, convenient, and ready for its next ownercome see it today!**

Features & Amenities

Indian PalmsFeeBuilt 1981

Property Details

Subdivision
Indian Palms
Land Type
Fee
Year Built
1981
Property Type
Residential
Property Subtype
Condominium
Heating
Central
View
Park/Greenbelt, Pool
Flooring
Carpet, Laminate
City
Indio
Zip Code
92201
County
Riverside
Listed byRealty Masters & Associates, William Ramsey

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,011.31
Principal & Interest
Loan Amount
$160,000
Total Interest
$204,071
Total Payment Over 30 Years
$364,071
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Indian Palms

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

View Indian Palms Listings

Comparative Market Analysis

Affordable Tier · 4 active · 5 closed

48309 Garbo Drive, Indio, CA 92201

Indian Palms · Indio · Condominium

$200K
Affordable Tier
Beds
2
Baths
1
Sqft
704
Lot
729 sqft
Year
1981
$/Sqft
$284
Pool: Yes✓
Spa: No✓
View: Park/Greenbelt, Pool✓

Listed 5.9% below the median closed sale of $212,500. Price per sqft ($284) is a 33% premium to closed comps ($213).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $200K· $284/sqft
Total list price
Closed comps
vs closed median $213K
−$13K (−5.9%)
Active comps
vs active median $225K
−$25K (−11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $257
+$27 (+10.6%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
82841 Davis DriveIndio198121704871$320$224,9991898
48255 MonroeIndio198011668671$269$180,0001176
47395 Monroe StreetIndio198221951919$242$229,90028267
45546 Aladdin StreetIndio198022994957$196$195,0002262
Total: 4 · Average1.81.3829.25854.5$256.75$207,474.7583.25
Median951$224,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
82861 Crawford DriveIndio198109/17/2026217040$200,000$195,000$2770.974196
82567 Avenue 48Indio198008/31/2026221,0240$224,000$212,500$2080.956784
49086 Eisenhower DriveIndio198107/30/2026221,1680$205,000$220,000$1881.076370
47395 MonroeIndio198209/10/202621951930$210,000$180,000$1890.8610669
45546 Aladdin StreetIndio198001/23/2026321,1381,306$229,000$230,000$2021.004647
Total: 5 · Average2.21.69971,118$207,500$207,500$212.8—64.6
Median1,024$212,500$212,500

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.