48706 Stillwater Street, Indio, California 92201, Indio, 92201 - 6 bed, 5 bath

48706 Stillwater Street, Indio, California 92201 home-pic-0
ACTIVE$1,900,000
48706 Stillwater Street, Indio, California 92201
6Beds
5Baths
3,560Sqft
13,939Lot
Year Built
2004
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$534
HOA
$210
Days on market
-
Sold On
-
MLS number
219127771DA
Home ConditionGood
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

We found 3 Cons,5 Pros. Rank: price - $1.90M(98th), sqft - 3560(96th), beds - 6(94th), baths - 5(93th).

Investor's Dream - Proven STR with Massive Upside!Located in the highly sought-after Montage at Santa Rosa, this fully turnkey 6-bedroom, 5-bath luxury estate is one of the Coachella Valley's premier short-term rental investments. Already featured in Sunset Magazine and fully approved for STR, the property has been meticulously upgraded with quartz countertops, fresh interior paint, custom stamped concrete, and a garage-to-game room conversion complete with an EV charger--all designed to maximize guest experience and repeat bookings.Outdoors, guests enjoy resort-style amenities including a heated saltwater pool with tanning shelf, elevated spa, fire pit lounge, granite slab bar with seating for five, and a private putting green. Inside, the flexible floor plan is built for large groups and entertainment, featuring an open living area, multiple dining zones, three bar seating areas, and an attached casita with private entry.Beyond its proven performance, the real opportunity lies in its upside--with a full remodel, addition of a pickleball court, upgrades to the game room, and strategic use of every square inch, this property has the potential to generate $300,000-$400,000 annually.Perfectly located just minutes from the Empire Polo Grounds, home to the world-renowned Coachella and Stagecoach festivals, this estate combines turnkey income today with the ability to scale into a true STR powerhouse.

Nearby schools

3/10
Mountain Vista Elementary School
Public,K-60.6mi
3/10
Cahuilla Desert Academy Junior High
Public,7-82.3mi
3/10
Coachella Valley High School
Public,9-124.6mi

Price History

Date
Event
Price
04/03/25
Listing
$1,900,000
Condition Rating
Good

Built in 2004, this property is 20 years old, fitting the 'Good' category's age range. The description highlights 'meticulously upgraded' features like quartz countertops, fresh interior paint, and a garage-to-game room conversion. Images confirm a well-maintained interior with modern elements such as stainless steel kitchen appliances and a recently updated, stylish shower. While the kitchen cabinets and some light fixtures retain a more traditional style, the overall condition is move-in ready with no immediate renovations required, and major systems appear functional and well-maintained.
Pros & Cons

Pros

Established Short-Term Rental (STR) Success: The property is a 'Proven STR' and 'fully approved for STR,' indicating a legal and operational history of generating income, further enhanced by being 'featured in Sunset Magazine'.
Exceptional Income Potential: With strategic enhancements, the property has the 'potential to generate $300,000-$400,000 annually,' offering significant return on investment for a savvy buyer.
Resort-Style Outdoor Amenities: Guests enjoy a heated saltwater pool with tanning shelf, elevated spa, fire pit lounge, granite slab bar, and a private putting green, maximizing guest appeal and booking rates.
Prime Event-Centric Location: Located 'minutes from the Empire Polo Grounds,' it's ideally positioned to capitalize on high-demand events like Coachella and Stagecoach festivals.
Turnkey & Large Group Accommodation: The 'fully turnkey 6-bedroom, 5-bath luxury estate' with a flexible floor plan, multiple dining zones, and an attached casita is perfectly designed for large groups and entertainment.

Cons

Future Capital Expenditure for Maximized ROI: Achieving the stated $300,000-$400,000 annual income potential is contingent on 'a full remodel, addition of a pickleball court, upgrades to the game room,' implying significant additional investment post-purchase.
High Operational Overhead: As a luxury short-term rental with extensive amenities and high guest turnover, the property will likely incur substantial ongoing costs for utilities, maintenance, cleaning, and professional management.
Potential for Accelerated Wear and Tear: Being a 'proven STR' designed for 'large groups' suggests high usage and frequent guest turnover, which can lead to accelerated wear and tear on finishes and systems, requiring more frequent upkeep and renovations.

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