NEW! Buy and sell safely with virtual options - Learn More
About the Listing CDAR-d24273 - CDAR-50999
A rare opportunity to own a proven, cash flowing desert retreat with an established book of business, just moments from the Empire Polo Club.Unlike many homes currently on the market or operating in the neighborhood, this property is not speculative. It is a proven, cash flowing asset with consistent performance. The home generated over $200,000 in gross revenue last year and is on pace to exceed $250,000 this year. This is an ideal opportunity for an owner to generate income while still enjoying the home throughout the year.Located in the highly sought-after Montage at Santa Rosa and walking distance to the Coachella Valley Music and Arts Festival and Stagecoach Festival, this remodeled 7 bedroom, 4.5 bathroom home is designed for both elevated living and maximum guest appeal.The open concept interior features a spacious great room, statement fireplace, and a chef's kitchen with granite countertops, custom cabinetry, stainless steel appliances, and an oversized breakfast bar, perfect for hosting and group experiences.The backyard delivers a true resort style setting with a heated pool and spa, cascading water features, Baja shelf loungers, and expansive entertaining areas. Built to stand out in the short term rental market, the property includes a new pickleball court, putting green, bocce ball area, custom misting systems, outdoor kitchen with built in BBQ, multiple fire pits, and a fully equipped game room. Additional highlights include a private casita, home gym, EV chargers, and smart pool controls.Configured to accommodate up to 16 guests, the home is ideal for festivals, retreats, and large group stays, driving strong occupancy and repeat bookings.With close proximity to golf, dining, Acrisure Arena, Indian Wells Tennis Garden, and El Paseo, this is a turnkey, high performing asset in one of the desert's most in demand short term rental corridors. The Airbnb link, financials and booking history are available upon request.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Residential
MLS ®
219145666DA
Year Built
2004
Total Square Footage
3,610
Lot/Acreage
0.33
County
Riverside
Neighborhood
Montage at Santa Rosa
HOA Dues
210/Monthly
School District
Coachella Valley Unified
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full / 1 Half
- Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Gas,Living Room
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Breakfast Bar,Separate/Formal Dining Room,Open Floorplan,Recessed Lighting,Primary Suite
- Water:
Exterior Details
- Lot Description: Back Yard,Front Yard,Sprinkler System,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof:
- Others:
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 602410024
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
48678 Cascade St Indio, CA 92201
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
