Active

48845 Renewal Street

Indio CA, 92201

$1,740,000


$593.45 per sqft

Active

4 Beds

4 Baths

2,932 sqft

Residential

Built in 2005

Listed by Michael Smith with Vacaystay Real Estate (760) 777-6622

Short-Term-Rental friendly HOA ''The Montage'' is an investor's dream for huge passive income while owning a vacation home within walking distance of the Polo Grounds for Coachella & Stagecoach events. Due to its location to the festivals, golf resorts, Indian Wells tennis gardens, Joshua Tree & countless other attractions, the Montage is one of the highest-producing neighborhoods in the country on Airbnb for the past 6 years straight. It's a great, safe gated neighborhood just perfect for walks. The HOA here ALLOWS short-term rentals- which is extremely rare in Ca. This home is designed for comfort, entertainment, and high-income potential. The side grass area can easily be converted to a small pickleball court as others in the neighborhood have done to attract guests. It has an open-concept living and dining area, perfect for hosting guests and accommodating them for whatever occasion they are in town for. The spacious primary suite is a true retreat, featuring private patio access, a luxurious ensuite bathroom with a soaking tub, a standup shower, a vanity, and a large walk-in closet. The second master suite offers another private getaway with a large full bath and walk-in closet. Four bedrooms in total. Others with this same model have easily converted the side room by the kitchen into a fifth bedroom to attract larger groups. The backyard is an entertainer's paradise, complete with a private heated pool and spa, fire pit, and covered patio with ceiling fans. A pergola structure with fans has been added to the south side of the home for extra shade for the game area. A dedicated laundry room adds convenience for extended stays.Enjoy indoor and outdoor fun with a variety of games, lounge areas, and resort-style amenities as this home comes turn key & ready to start earning income. Agent has bids & drawings on pickleball ct and 5th bedroom.Call Agent Mike Smith for a private showing.

219126228DA

MLS ID

March 10, 2025

Listed

March 12, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Floor Description

Tile


Fireplace

Yes


Fireplace Description

Decorative, Gas, Living Room


Cooling

Yes


Cooling Description

Central Air, Gas


Heating

Yes


Heating Description

Central, Fireplace(s), Natural Gas

Exterior/Building Features

Lot Size

0 Acres


Lot Features

Sprinklers Timer, Sprinkler System


Security

Security Gate, Gated Community

Other Property Details

Area Name

314 - Indio South of East Valley


Days on Market

1


Association Fee

$210


Association Fee Frequency

Monthly


Association Amenities

Controlled Access


Garage

Yes


Garage Spaces

2


Parking

Driveway, Garage, Garage Door Opener


Parking Total

6


View

Yes


View Description

Mountain(s)


County

Riverside


Pool

Yes


Pool Features

Electric Heat, In Ground

Listing Contact: (760) 777-6622 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/12/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/12/2025 at 10:41 AM UTC

 

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