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Listed by Dick Hamparsumian • Cooper One Fourteen
$850,000
Est. payment /mo
4 Beds
6 Baths
3,582 SqFt
New
46526 Arapahoe Indian Wells, CA 92210
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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 OC-26193326
Bedrooms 4
Full Baths 6
HOA Fees $840/mo
Year Built 1980
Property Sub-Type Condominium
Source California Regional Multiple Listing Service (CRMLS)
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.
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 325 - Indian Wells
Interior
Heating Central
Cooling Central Air, ENERGY STAR Qualified Equipment
Fireplaces Type Living Room
Laundry Gas & Electric Dryer Hookup
Exterior
Garage Spaces 4.0
Pool Community
Community Features Golf, Hiking, Sidewalks
View Y/N Yes
View Desert, Golf Course, Mountain(s)
Building
Sewer Public Sewer
Nearby Locations
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