48845 Renewal ST Active Save Request In-Person Tour Request Virtual Tour
Indio,CA 92201
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,932 sqft
Price per Sqft $562
Subdivision Montage At Santa Rosa
MLS Listing ID 219126228
Bedrooms 4
Full Baths 4
HOA Fees $210/mo
Year Built 2005
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County Riverside
Area 314 - Indio South Of Hwy 111
Interior
Heating Central,Fireplace(s),Hot Water,Natural Gas
Cooling Air Conditioning,Ceiling Fan(s),Central Air,Gas
Fireplaces Number 1
Fireplaces Type Decorative,Gas,Living Room
Exterior
Parking Features true
Garage Spaces 2.0
Pool Heated,In Ground,Private
View Y/N true
View Mountain(s)
Building
Story 1
Sewer In Street Paid
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=XXrAZkZzBZE&mls=1