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$850,000

Est. payment - /mo

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4 Beds

6 Baths

3,582 SqFt

New

46526 Arapahoe Indian Wells, CA 92210

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,582 sqft

Price per Sqft $237

Subdivision Mountain Cove

MLS Listing ID OC26193326MR

Bedrooms 4

Full Baths 6

Construction Status Fixer

HOA Fees $840/mo

Year Built 1980

Property Sub-Type Condominium

Property Description

46526 & 46528 ARAPAHOE ARE OFFERED TOGETHER AS A UNIQUE TWO-RESIDENCE OPPORTUNITY. BOTH PROPERTIES MUST BE PURCHASED AND CLOSE CONCURRENTLY. SELLER WILL NOT SELL EITHER RESIDENCE SEPARATELY. A rare opportunity in Indian Wells to acquire two adjoining condominium residences currently physically configured and utilized as one expansive home. Together, 46526 and 46528 Arapahoe comprise approximately 3,582 square feet, based upon approximately 1,791 square feet attributed to each condominium, creating exceptional space for guests, entertaining and large gatherings. The residences are presently connected by an interior hallway between the two units, allowing the properties to function together as one home. At the same time, each condominium remains a separately titled real property interest with its own distinct street address, APN and legal description. The separate legal interests provide a future owner with the opportunity to explore restoration to two individual residences, subject to buyer investigation and all applicable HOA, City, permitting, governmental and other requirements or approvals. The properties present an outstanding opportunity for renovation and customization as a substantial Indian Wells residence or for a buyer to explore restoration of the original two-residence configuration. Both residences enjoy golf course views. The residences are being offered in their present as-is condition and reflect significant deferred maintenance and the need for renovation. Each condominium is situated on leased land under its own separate ground lease. Buyer to independently review and approve all applicable ground leases, HOA documents, title documents and property documentation. The ground leases expire November 30, 2069. Ground rent is subject to a scheduled adjustment effective January 1, 2028 pursuant to the fair-market-value appraisal provisions of the applicable ground leases. New roof completed in 2026. Seller and brokers make no representation regarding the feasibility, cost or approval of any future separation or reconfiguration.

Location

State CA

County Riverside

Area Indian Wells

Building/Complex Name Indian Wells Racquet Club #1

Interior

Heating Central

Cooling Central, ENERGY STAR Qualified Equipment

Fireplaces Type Living Room

Laundry Gas Or Electric Dryer Hookup

Exterior

Parking Features Garage, Garage - 2 Car

Garage Spaces 4.0

Community Features Golf, Hiking, Sidewalks

Amenities Available Controlled Access, pool

View Y/N Yes

View Desert, Golf Course

Building

Story 1

Sewer Public Sewer

Construction Status Fixer

Schools

School District Desert Sands Unified

Others

Special Listing Condition Standard

Pets Allowed Call For Rules

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Cooper One Fourteen

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