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81402 Palmwood Drive, Indio, CA 92201

$440K2bd · 2ba · 1,085 sqft
Lot 5,227 sqftCondominium
Active
161d on marketMLS# 219145591

Property Description

Absolutely beautiful move-in ready condo featuring 2 bedrooms and 2 bathrooms (1 full and 1 half). This well-maintained home offers tile flooring throughout and a bright, open living room with a cozy fireplace. The upgraded kitchen showcases granite countertops, ample cabinetry, and a functional layout that flows seamlessly to the backyard--perfect for indoor-outdoor living. Step outside to your private retreat featuring a sparkling pool and spa, ideal for relaxing or entertaining. A true gem offering comfort, style, and resort-style living--don't miss this opportunity to own in desirable Indio.

Features & Amenities

PalmwoodFeeBuilt 1983

Property Details

Subdivision
Palmwood
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Air Conditioning
Flooring
Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byHomeSmart, Paola A Jeha·760-909-7660

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,224.88
Principal & Interest
Loan Amount
$352,000
Total Interest
$448,957
Total Payment Over 30 Years
$800,957
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palmwood

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

View Palmwood Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

81402 Palmwood Drive, Indio, CA 92201

Palmwood · Indio · Condominium

$440K
Affordable Tier
Beds
2
Baths
2
Sqft
1,085
Lot
5,227 sqft
Year
1983
$/Sqft
$406
Pool: Yes
Spa: Yes
Garage: 2-car

Listed 54.4% above the median closed sale of $285,000. Price per sqft ($406) is a 62% premium to closed comps ($251).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $440K· $406/sqft
Total list price
Closed comps
vs closed median $285K
+$155K (+54.4%)
Active comps
vs active median $305K
+$136K (+44.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $283
+$123 (+43.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
49272 Wayne StreetIndio1982321,1564,792$303$349,9005978
49216 Garland StreetIndio1984221,1402,105$283$323,0009276
48255 Monroe StreetIndio1980221,0181,742$274$279,0001976
48255 Monroe StreetIndio1980229980$291$290,00017676
48982 Eisenhower DriveIndio1979221,1562,337$263$304,5003174
Total: 5 · Average2.22.01,093.62,744$282.8$309,28075.4
Median1,140$304,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
49086 Eisenhower DriveIndio198107/30/2026221,1680$205,000$220,000$1881.076280
82567 Avenue 48Indio198008/31/2026221,0240$224,000$212,500$2080.956677
82098 Cochran DriveIndio198407/01/2026221,1401,140$339,000$339,000$2971.006076
48938 Eisenhower DriveIndio197906/29/2026221,1562,614$315,000$285,000$2470.915474
51565 Ponderosa DriveIndio201907/27/2026221,2943,920$420,000$410,000$3170.982568
Total: 5 · Average2.02.01,156.42,558$293,300$293,300$251.453.4
Median1,156$285,000$285,000

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.