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.
For sale
Listed by: Cooper One Fourteen • Dick Hamparsumian • Contact: 949-500-8000
Price cut: $51K (9/9)
$799,000
46526 Arapahoe, Indian Wells, CA 92210
4beds
3,582sqft
Condominium
Built in 1980
-- sqft lot
$758,600 Zestimate®
$223/sqft
$1,062/mo HOA
What's special
- 7 days
- 143
- 2
Zillow last checked:
Listing updated:
Listed by:
Dick Hamparsumian DRE #01974051 949-500-8000,
Cooper One Fourteen
Source: CRMLS,MLS#: OC26193326
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 6
- Main level bedrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
Interior area
- Total interior livable area: 3,582 sqft
Property
Parking
- Total spaces: 4
- Parking features: Door-Multi, Garage
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Deck
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Community
- Has view: Yes
- View description: Desert, Golf Course, Mountain(s)
Details
- Additional parcels included: 643050015
- Parcel number: 643050016
- On leased land: Yes
- Lease amount: $7,024
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Fixer
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Golf, Hiking, Sidewalks, Pool
- Security: Gated with Attendant
- Subdivision: Mountain Cove (32514)
HOA
- Has HOA: Yes
- Amenities included: Controlled Access, Maintenance Grounds, Management, Maintenance Front Yard, Pool, Spa/Hot Tub
- HOA fee: $840 monthly
- HOA name: Indian Wells Racquet Club #1
- HOA phone: 760-771-9546
- Second HOA fee: $222 monthly
- Second HOA name: Tract 9847 Street Maintenance Association
Location
- Region: Indian Wells
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $272,054
- Date on market: 9/3/2026
- Cumulative days on market: 8 days
- Listing terms: Cash
Estimated market value
$758,600
$721,000 - $797,000
$4,665/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $799,000-6%$223/sqft |
Source: | ||
| 9/4/2026 | Listed for sale | $850,000$237/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $272,054 +2% |
| 2025 | $4,282 -40.4% | $266,720 -47.7% |
| 2024 | $7,182 +80.3% | $510,000 +98.9% |
| 2023 | $3,983 +4.1% | $256,364 +2% |
| 2022 | $3,827 +2.7% | $251,338 +2% |
| 2021 | $3,727 +1.7% | $246,411 +1% |
| 2020 | $3,663 +1.9% | $243,886 +2% |
| 2019 | $3,594 +1.8% | $239,105 +2% |
| 2018 | $3,531 +2.1% | $234,417 +2% |
| 2017 | $3,460 | $229,822 +2% |
| 2016 | $3,460 +1.8% | $225,317 +1.5% |
| 2015 | $3,399 +1.5% | $221,934 +2% |
| 2014 | $3,350 | $217,589 +0.5% |
| 2013 | -- | $216,608 +2% |
| 2012 | -- | $212,362 +2% |
| 2011 | -- | $208,199 +0.8% |
| 2010 | -- | $206,646 -0.2% |
| 2009 | -- | $207,139 +2% |
| 2008 | -- | $203,078 +2% |
| 2007 | -- | $199,097 +2% |
| 2006 | -- | $195,194 +2% |
| 2005 | -- | $191,368 +3.9% |
| 2003 | -- | $184,179 +2% |
| 2002 | -- | $180,566 +6.2% |
| 2001 | $2,331 +10.7% | $170,000 +13.3% |
| 2000 | $2,105 | $150,000 |
Find assessor info on the county website
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Neighborhood: 92210
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