48749 Renewal Street, Indio, California 92201, Indio, 92201 - 6 bed, 4 bath

48749 Renewal Street, Indio, California 92201 home-pic-0
ACTIVE$2,100,000
48749 Renewal Street, Indio, California 92201
6Beds
4Baths
3,346Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($1,735,557.16) is $364,442.84 (17%) lower than the list price ($2,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Short-Term Rental (STR) Performance: The property is explicitly marketed as a 'top-performing income generator with proven rental history' and 'consistently earns 5-star reviews' within a desirable, STR-approved community, indicating strong investment potential.
Top Cons:
Significant Overpricing Relative to Estimated Value: The current listing price of $2.1 million is 17% higher than the estimated property value of $1.73 million, suggesting it may be overpriced compared to market benchmarks.

Compared to the nearby listings

Price:$2.10M vs avg $556.5K (+$1,543,550)100%
Size:3,346 sqft vs avg 1,890 sqft95%
Price/sqft:$628 vs avg $299100%

More Insights

Built in 2005 (20 years old).
Condition: This property, built in 2005, is described as 'fully upgraded' with a 'newly renovated backyard' and 'updated systems.' The images confirm a modern aesthetic throughout, featuring a chef's kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. All bathrooms are updated with contemporary vanities, tiling, and fixtures. Flooring is a mix of modern tile and clean carpets. The overall condition, including the dedicated game room and home theater, suggests recent and extensive renovations, meeting current quality standards with no visible deferred maintenance. This aligns perfectly with the 'excellent' criteria of being extensively renovated within 5 years and all components being new or virtually new.
Year Built
2005
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$628
HOA
$210
Days on market
-
Sold On
-
MLS number
NP25069926
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Incredible short-term rental opportunity in Montage at Santa Rosa—one of the desert’s most desirable and profitable STR-approved communities. This fully upgraded 6BD/4BA estate (including a private casita) is situated on a lush 1/3-acre lot and offers the ultimate in indoor/outdoor living. The newly renovated backyard features a resort-style pool and spa, putting green, tropical landscaping, fruit trees, built-in BBQ, and multiple areas to relax or entertain. Inside, the home boasts a chef’s kitchen with granite island and stainless appliances, spacious dining and living areas, a game room, and a detached home theater with 86” screen and stadium seating. The home comfortably sleeps up to 16 guests and consistently earns 5-star reviews—making it a top-performing income generator with proven rental history. High-speed internet, updated systems, and thoughtful details throughout. Offered fully furnished, turnkey, and STR-approved. Child-safe pool fence available upon request. Prime location near festival grounds, polo fields, golf, and top dining. Whether you’re looking for a personal vacation retreat or a high-yield investment, this is a rare opportunity to own in one of the valley’s strongest revenue markets.

Nearby schools

3/10
Mountain Vista Elementary School
Public,K-60.5mi
3/10
Cahuilla Desert Academy Junior High
Public,7-82.3mi
3/10
Coachella Valley High School
Public,9-124.6mi
Condition Rating
Excellent

This property, built in 2005, is described as 'fully upgraded' with a 'newly renovated backyard' and 'updated systems.' The images confirm a modern aesthetic throughout, featuring a chef's kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. All bathrooms are updated with contemporary vanities, tiling, and fixtures. Flooring is a mix of modern tile and clean carpets. The overall condition, including the dedicated game room and home theater, suggests recent and extensive renovations, meeting current quality standards with no visible deferred maintenance. This aligns perfectly with the 'excellent' criteria of being extensively renovated within 5 years and all components being new or virtually new.
Pros & Cons

Pros

Proven Short-Term Rental (STR) Performance: The property is explicitly marketed as a 'top-performing income generator with proven rental history' and 'consistently earns 5-star reviews' within a desirable, STR-approved community, indicating strong investment potential.
Extensive Entertainment & Outdoor Amenities: Features a newly renovated resort-style backyard with a pool, spa, putting green, tropical landscaping, fruit trees, built-in BBQ, and a detached home theater, offering diverse entertainment options for guests.
Turnkey & Fully Furnished Offering: Offered fully furnished and turnkey, including STR approval, which allows for immediate operation and minimizes initial setup costs and effort for a new owner.
Spacious Layout with Private Casita: With 6 bedrooms, 4 bathrooms, and a private casita, the estate comfortably accommodates up to 16 guests, making it highly attractive for large group rentals.
Prime Event & Recreation Proximity: Its prime location near festival grounds, polo fields, golf courses, and top dining ensures high demand and occupancy, particularly during peak event seasons.

Cons

Significant Overpricing Relative to Estimated Value: The current listing price of $2.1 million is 17% higher than the estimated property value of $1.73 million, suggesting it may be overpriced compared to market benchmarks.
Absence of Noted Views: The property detail explicitly states 'view: None,' which could be a drawback for potential renters or buyers seeking scenic vistas in a resort-style location.
Recurring Association Fees: The property incurs a monthly association fee of $210, representing an ongoing operational cost that impacts the net income for an investor.

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