49526 Douglas, Indio, CA 92201 - Riverside County

A rare opportunity to own one of the most versatile and income-ready homes in the highly sought-after, guard-gated Indian Palms Country Club—one of the Coachella Valley’s most STR-friendly communities and just minutes from the iconic Coachella and Stagecoach festival grounds. Overlooking the golf course with tranquil lake views, this spacious 5-bedroom / 4 bathroom, property consist of the main house with 4 bedrooms and 3 bathrooms and includes a hard-to-find detached casita with its own private entrance an additional bedroom and full bath—perfect for guests, multi-generational living, a private office, or an additional rental suite. The open-concept great room features a fireplace and flows seamlessly into the dining area, while the kitchen offers a breakfast bar, recessed lighting, tile countertops, and abundant storage. The primary suite provides a private retreat with a soaking tub and generous closet space. Step outside to a backyard built for entertaining—complete with a built-in BBQ, covered patio, and unobstructed fairway and water views. Indian Palms Country Club delivers true resort-style living with multiple pools and spas, tennis, pickleball, clubhouse, fitness center, restaurant, and pay-as-you-play golf—no costly memberships required. Close to shopping, dining, freeway access, and the Empire Polo Club, the location is ideal for both personal use and high-demand vacation rentals. Currently operated as a successful short-term rental, the home is offered fully furnished and has gross revenue potential of $111,000+ annually with cap rates up to 10.8% self-managed or 8.9% with professional management—making it a standout opportunity for investors, second-home buyers, or anyone seeking a profitable desert escape in one of the valley’s most popular STR zones. Whether you’re looking for a full-time residence, a turnkey income property, or a vacation home with serious earning power, this one checks every box.

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.