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48255 Monroe Street 2, Indio, California 92201, Indio, 92201 - 1 bed, 2 bath

48255 Monroe Street 2, Indio, California 92201 home-pic-0
ACTIVE$249,000
48255 Monroe Street 2, Indio, California 92201
1Bed
2Baths
867Sqft
747Lot
Year Built
1980
Close
-
List price
$249K
Original List price
$249K
Price/Sqft
$287
HOA
$715
Days on market
-
Sold On
-
MLS number
219133984DA
Home ConditionFair
Features
Good View: Mountain(s), Pond, Pool
ViewMountain(s), Pond, Pool

About this home

We found 3 Cons,5 Pros. Rank: price - $249.0K(40th), sqft - 867(35th), beds - 1(10th), baths - 2(50th).

Resort-style living meets unbeatable convenience in this rare Quail Lakes FHA-approved condo with breathtaking pond and mountain views. This 1-bedroom, 2-bath home offers a bright, open layout overlooking the serene pond, community pool, and surrounding mountains. Convenient parking is located directly in front of the condo--no stairs or long walks when bringing in groceries.Enjoy an exceptional lifestyle with access to multiple pools, tennis courts, and a private, gated entrance with security. The HOA covers all utilities except IID electricity, making this home easy to maintain. Perfectly located within walking distance to the Indio Polo Fields, home of the Coachella Music and Arts Festival and Stagecoach Festival, and just minutes from La Quinta, Coachella, and a wide range of shopping, dining, and amenities

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•1.0mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.1mi
3/10
Coachella Valley High School
Public,•9-12•4.3mi

Price History

Date
Event
Price
08/14/25
Listing
$249,000
Condition Rating
Fair
Built in 1980, this property shows its age with largely original or very dated finishes in key areas. The kitchen features outdated wood cabinets, granite-look laminate countertops, and older white appliances (refrigerator) and black dishwasher, along with a dated fluorescent box light. The bathrooms also have older vanities, light fixtures, and tile. While the property appears clean and well-maintained, and some flooring (laminate in living area) may be a more recent update, the overall style and condition of the kitchen and bathrooms indicate a need for significant cosmetic updates to meet current standards. Major components are functional but clearly outdated, fitting the 'fair' category.
Pros & Cons

Pros

Resort-Style Amenities: The property offers an exceptional lifestyle with access to multiple pools, tennis courts, and a private, gated entrance with security, enhancing its appeal.
Prime Location & Event Proximity: Located within walking distance to the Indio Polo Fields (Coachella/Stagecoach Festivals) and minutes from La Quinta, shopping, and dining, offering significant convenience and potential rental appeal.
Breathtaking Views: Features stunning pond, mountain, and community pool views, providing a serene and picturesque living environment.
FHA Approved Status: Being FHA-approved broadens the potential buyer pool, making financing more accessible for many prospective homeowners.
Comprehensive HOA Inclusions: The HOA covers all utilities except IID electricity, simplifying budgeting and offering a low-maintenance living experience.

Cons

High Monthly HOA Dues: The $715.0 monthly association fee is substantial for a 1-bedroom unit, which could be a deterrent for some buyers despite the included utilities.
Limited Living Space: With only 1 bedroom and 867 sqft, the property offers limited living space, potentially restricting its appeal to a smaller demographic.
Property Age: Built in 1980, the property is over 40 years old, which may imply dated finishes or potential for future maintenance and renovation costs.

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