Monte Sereno Estates. One of the gems of Indian Wells, this small, custom home community is just through the Mountain Cove Gate off of Hwy 111, bordering Indian Wells CC. Once inside, you go through another set of gates leading into this exclusive community snuggled up against the hills, and across 111 from the Cliff House. There is a low HOA of $325/mo. Prices range from approx. $1,800,000 to approx. $5 mil.