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48845 Renewal Street, Indio, California 92201, Indio, 92201 - 4 bed, 4 bath

48845 Renewal Street, Indio, California 92201 home-pic-0
ACTIVE$1,599,000
48845 Renewal Street, Indio, California 92201
4Beds
4Baths
2,932Sqft
13,939Lot
Year Built
2005
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$545
HOA
$210
Days on market
-
Sold On
-
MLS number
219131563DA
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.60M(96th), sqft - 2932(93th), beds - 4(57th), baths - 4(87th).

Welcome to your next high-performing investment! Located in the sought-after, short-term rental approved community of Montage, this stunning 4-bedroom, 4-bath pool home is just a short walk to the Coachella and Stagecoach festival grounds.This income-generating retreat is designed with both luxury and functionality in mind, offering an open-concept layout perfect for hosting large groups. Two spacious primary suites provide privacy and comfort, while the flexible floor plan allows for a potential of a 6th bedroom conversion--drawings included.Outdoors, enjoy the ultimate entertainer's backyard: a heated pool & spa, fire pit, shaded lounge areas, covered patio with fans, and a pergola game zone--plus room to add a pickleball court like others in the neighborhood. Whether guests are here for music festivals, golf, tennis, or Joshua Tree adventures, this home checks all the boxes.Turnkey and fully furnished, this home is ready to start earning income from day one. With high-demand, a safe gated setting, and unmatched proximity to top attractions, this opportunity will go fast!

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.5mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.3mi
3/10
Coachella Valley High School
Public,•9-12•4.5mi

Price History

Date
Event
Price
06/16/25
$1,599,000
Condition Rating
Good
Built in 2005, this property is 19 years old, fitting within the 'Good' category's age range (10-20 years). The images reveal a meticulously maintained home with an open-concept layout. The kitchen features classic wood cabinetry, dark countertops, and stainless steel appliances, all appearing clean and fully functional with minimal wear. Bathrooms are similarly well-kept with tiled surrounds and modern fixtures, showing no signs of needing immediate updates. Flooring throughout is a mix of engineered wood/laminate and tile, all in excellent condition. The presence of plantation shutters and ceiling fans adds to the property's appeal and functionality. It is clearly move-in ready and has been consistently well-maintained, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Proven Income Potential: Explicitly marketed as a 'high-performing investment' and 'income-generating retreat,' offered fully furnished and turnkey for immediate rental income.
Unbeatable Festival Proximity: Located within a short walk to Coachella and Stagecoach festival grounds, ensuring high demand and premium rental rates during peak event seasons.
Exceptional Entertainment Amenities: Features a heated pool & spa, fire pit, shaded lounge areas, covered patio, and game zone, ideal for attracting large groups and maximizing guest satisfaction.
Flexible & Spacious Layout: Open-concept design with 4 bedrooms, 4 baths, two primary suites, and potential for a 6th bedroom conversion, optimizing capacity for group rentals.
Gated Community & High Demand: Situated in a safe, gated community with 'high-demand' for short-term rentals, enhancing security and occupancy rates.

Cons

Ongoing Maintenance Burden: Extensive outdoor features like a large pool, spa, and landscaping on a 13,939 sqft lot will require significant ongoing maintenance and associated costs.
Recurring Association Fees: The $210 monthly association fee adds a fixed recurring expense that can reduce the net operating income for an investment property.
Potential for System Age-Related Repairs: Built in 2005, the property is nearly two decades old, suggesting that major systems (e.g., HVAC, water heater, roof) may be nearing the end of their useful life and could require future capital expenditures.

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