46526 Arapahoe, Indian Wells, CA 92210
- $850,000
- 4
- BD
- 6
- BA
- 3,582
- SqFt
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- OC26193326
- Year Built
- 1980
- Bedrooms
- 4
- Bathrooms
- 6
- Living Sq. Ft
- 3,582
- Days on Market
- 3
- Property Type
- Condo
- Property Sub Type
- Condominium
- Stories
- One Level
- Neighborhood
- Mountain Cove (32514)
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.
Additional Information
- Land Lease
- Yes
- Land Lease Amount
- $7024
- HOA
- 840
- Frequency
- Monthly
- Second HOA
- $222
- Association Amenities
- Controlled Access, Maintenance Grounds, Management, Maintenance Front Yard, Pool, Spa/Hot Tub
- Pool Description
- Community, Association
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air, ENERGY STAR Qualified Equipment
- View
- Desert, Golf Course, Mountain(s)
- Patio
- Deck
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- School District
- Desert Sands Unified
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Dick Hamparsumian (dick@cooperonefourteen.com) from Listing Office: Cooper One Fourteen.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.