Indian Wells, California
Indian Wells, California
Indian Wells, California is a city located in the Greater Palm Springs area in the county of Riverside. The city was incorporated in 1967 and it lies distinctly between Palm Desert and La Quinta in the Coachella Valley.
Here at Indian Wells, residents and homeowners can expect the very best in services, amenties, fine dining golf, tennis and shopping in the Desert. Renowned for tennis and golf this city has some of the best sports biggest and best facilities in the country. Homeowners and home buyers in the area also has some of the best selections of luxury homes in the Coachella Valley with a large inventory of custom homes both on and off the golf course.
If you are searching for the absolute best of the Desert you cannot go wrong with the lifestyle and experience of Indian Wells!
Indian Wells Real Estate
Homes and condos in Indian Wells attracts luxury homebuyers from around the globe. With some of the most prestigious country clubs in the nation, Indian Wells home often fetch a higher sale price than surrounding areas. Along with the beauty of this pretty little resort city, Indian Wells also offers residents access to some truly amazing city amenties.
Residents of the city are able to access, with proof of full-time residency, the fitness facilities, discount on dining at the clubhouse and discount on golf at the Indian Wells Golf Resort. While homes in Indian Wells sell for higher prices than other cities in the Coachella Valley, this expense can be justified by the beauty, amenities and prestige that come along with an Indian Wells address.
If you are in the market for a high-end or custom home Indian Wells is the ideal location to start your home search. Here at Indian Wells luxury homes abound! Homes in this beautiful city can fetch as much as $7,800,000. This is also reflected by the one of the highest home prices in the Coachella Valley with median home prices peaking in 2019 at approximately $799,000.
Investment Properties in Indian Wells
For those seeking income producing properties or vacation rental properties Indian Wells has many options for savvy investor. Vacation rentals in the area have a huge market with world renowned events like the BNP Paribas and the Coachella Music Festivals. However navigating the restrictions and Homeowners Associations can be tricky. When searching for the perfect investment property be sure to contact one of our local agent experts to help you navigate potential problems and be sure to visit our Investor’s Guide for more information on investing in the area.
Starting in the late 1940s real estate around the area that was to become Indian Wells became profitable. This laid the foundation for the opening of 2 large country clubs in the area; The Eldorado Country Club and the Indian Wells Country Club. Both country clubs opened in the 1950s and they attracted tourists in their droves. Among the most notable visitors was President D. Eisenhower who eventual became an Eldorado homeowner.
The Indian Wells Tennis Gardens
Over the years, Indian Wells has evolved into something of a tennis haven. With the addition of the $77 million dollar Indian Wells Tennis Garden in March of 2000, Indian Wells became a world player in tennis circuits with the completion of the world’s second largest tennis stadium.
Currently, the city hosts the fifth-largest tennis tournament on the planet – the BNP Paribas. The The BNP Paribas Open Tournament (Also known as the Indian Wells Masters) is currently one of the nine ATP World Tour Masters events, all of which are owned, run, and operated by the Association of Tennis Professionals. This tournament draws thousands upon thousands of tennis fans and all the top tour professionals to view and compete. Also, the BNP Paribas (Indian Wells Masters) one of WTA Premier Mandatory (Master 1000 event) tournaments of the Women’s Tennis Association.
At the addition of the Tennis Garden and the BNP Paribas to Indian Wells has been a huge help to both tourist income and housing prices put Indian Wells on the world stage year after year.
Quick Facts About Indian Wells:
|Number of Homes (est.)||5,200|
|Average Temperature||75°F or 23.9°C|
|Number of Golf Courses||10+|
|Medium Age (est.)||63|
|Average Household Income (est.)||$94,000|