48845 Renewal Street, Indio, CA 92201 - Berkshire Hathaway HomeServices California Properties

48845 Renewal Street, Indio, CA 92201

$1,649,000 Approx. USD 4 beds, 4 baths
2,932 sqft

Listing Agent


Michael Smith | mikesmith2141@gmail.com
Lic#: 02119749
Broker: Courtesy of Vacaystay Real Estate

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 219126228DA
List price is $1,649,000 Reduced by $91,000 on 4/2/2025
Price: $1,649,000
HOA Fee is $210.00
Beds: 4
Baths: 4 (4 full)
Decorative,Gas,Living Room fireplaces
Built in 2005
2,932 sqft
0.00 acres
Lot size: 0.0000
Subdivision: Montage at Santa Rosa
County: Riverside
Parking description: Driveway,Garage,Garage Door Opener
Lot description: Sprinklers Timer,Sprinkler System
Heating/cooling: Central Air,Gas
Heating description: Central,Fireplace(s),Natural Gas
MLS area: 314 - Indio South of East Valley

Last Updated: 5/2/2025

 Days On Market (DOM): 62

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This listing belongs to the 314 - Indio South of East Valley MLS area

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Lat/Long: 33.693794, -116.250906.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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