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48647 Renewal Street, Indio, California 92201, Indio, 92201 - 5 bed, 5 bath

48647 Renewal Street, Indio, California 92201 home-pic-0
ACTIVE$2,200,000
48647 Renewal Street, Indio, California 92201
5Beds
5Baths
3,308Sqft
13,504Lot
Year Built
2005
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$665
HOA
$210
Days on market
-
Sold On
-
MLS number
219132441DA
Home ConditionGood
Features
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.20M(100th), sqft - 3308(95th), beds - 5(85th), baths - 5(93th).

Investor's Dream Featured on TV! This guest-favorite, income-producing short term rental is located in the exclusive Montage at Santa Rosa community! This stunning short-term rental is not only a top performer but will also be featured on the Emmy Award-winning show ''Staycation!''--bringing even more attention and future demand to this exceptional property.Designed for relaxation and entertainment, this desert oasis offers 5 bedrooms, 4.5 bathrooms, and 9 total beds--perfect for large groups. Guests rave about the resort-style backyard, complete with a sparkling pool, oversized hot tub, putting green, and custom-built outdoor kitchen with a fireplace and firepit--creating the ultimate indoor-outdoor experience.Inside, you'll find spacious living areas, desert-inspired decor, and high-end amenities including a chef's kitchen, oversized island, 75'' smart TV, 1-Gig Wi-Fi, and TVs in every bedroom. Located minutes from Coachella and Stagecoach, Indian Wells Tennis Garden, and Old Town La Quinta, this home consistently attracts repeat visitors.With ample parking for 8 cars and an EV charger, this is a rare opportunity to own a property that combines luxury, location, and strong rental income.Turnkey, professionally managed, and ready to deliver returns from day one!

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.6mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.3mi
3/10
Coachella Valley High School
Public,•9-12•4.6mi

Price History

Date
Event
Price
07/07/25
Listing
$2,200,000
Condition Rating
Good
Built in 2005, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights a 'chef's kitchen' with 'high-end amenities' and 'desert-inspired decor,' which is supported by the images showing modern flat-panel cabinetry, stainless steel appliances, contemporary light fixtures, and updated bathrooms with stylish vanities and vessel sinks. The property appears move-in ready and well-maintained, consistent with its status as a high-performing, professionally managed short-term rental. While not newly built or extensively renovated within the last 5 years to qualify as 'Excellent,' it clearly surpasses 'Fair' due to its updated features and overall pristine condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 3308.
Proven Income Producer: Explicitly marketed as an 'Investor's Dream' and 'income-producing short term rental' with a track record of 'strong rental income' and readiness to 'deliver returns from day one'.
Exceptional Resort-Style Amenities: Features a resort-style backyard with a sparkling pool, oversized hot tub, putting green, custom-built outdoor kitchen with a fireplace and firepit, creating a premium guest experience.
High-Profile Marketing & Demand: The property's upcoming feature on the Emmy Award-winning show 'Staycation!' is expected to generate significant additional attention and future demand.
Prime Event-Centric Location: Strategically located minutes from major attractions like Coachella, Stagecoach, Indian Wells Tennis Garden, and Old Town La Quinta, ensuring consistent visitor appeal.
Turnkey & High-Capacity for Groups: Offers 5 bedrooms, 4.5 bathrooms, and 9 total beds, ideal for large groups. It is turnkey, professionally managed, and includes ample parking for 8 cars with an EV charger.

Cons

Reliance on Short-Term Rental Market: The property's primary value proposition is tied to its performance as a short-term rental, making it susceptible to market fluctuations, regulatory changes, and increased competition in the sector.
Potential for High Operating Costs: The extensive luxury amenities such as the pool, hot tub, putting green, and outdoor kitchen, coupled with professional management, likely entail significant ongoing maintenance and operational expenses.
Property Age: Built in 2005, the property is approaching two decades old. While well-maintained, some core systems or components may require larger capital expenditures in the near future compared to newer constructions.

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