Get the App

48573 Cascade Street, Indio, CA 92201

Single-family home · 3 recorded sales since 2020

48573 Cascade Street, Indio, CA 92201 Sold July 2024 CRMLS
$1,600,000Sold July 2024

Listing Agent: Michael Smith (DRE #02119749) · Listing Office: Vacaystay Real Estate · Contact: (760) 777-6622 · Bought with: Lisa Hemmat · West Shores Realty, Inc. · MLS #219107308DA · Source: CRMLS

6
Bedrooms
3
Bathrooms
3,050
Sq Ft
15,246 sqft
Lot Size
2004
Year Built
Single-family home
Type
2
Garage
Yes
Pool
CentralAir
Cooling
Central, Fireplaces
Heating
$150/mo
HOA

About this single-family home

Welcome to The Montage, an exclusive gated community just moments away from the renowned Coachella/Stagecoach Polo Fields. It stands out as one of the rare gated communities where the homeowners' association not only permits but actively safeguards the rights of homeowners to engage in short-term rentals. This unique aspect, combined with the upscale and meticulously maintained homes, has positioned this neighborhood as one of the most lucrative opportunities for return on investment. The community has also established a large and growing base of repeat vacationers, making it an attractive destination for those seeking to profit from short-term rentals.This particular home is offered turnkey furnished, presenting an ideal scenario for an investor to seamlessly assume ownership and operation. Furthermore, the property has already secured future reservations for the remainder of 2024, further bolstering its appeal as a lucrative investment opportunity.Boasting an array of entertainment amenities such as a billiard table, putting green, and shuffle board, this property has been meticulously designed to cater to leisure and recreation. Beyond its entertainment offerings, the home also exudes luxury and privacy, making it a compelling prospect for discerning investors and vacationers alike. This is an opportunity not to be missed!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$1,600,000
Sold July 2024 · listed $1,700,000, orig. $1,800,000, on market February 2024 · MLS #219107308DA · Source: CRMLS
Listing Agent: Michael Smith · Listing Office: Vacaystay Real Estate · Contact: (760) 777-6622 · Bought with: Lisa Hemmat · West Shores Realty, Inc.
$1,450,000
Sold July 2021 · listed $1,449,999 · MLS #21730674 · Source: CRMLS
Listing Agent: Jesse Sanchez · Listing Office: Compass
$915,000
Sold September 2020 · listed $899,000, on market August 2020 · MLS #219047407DA · Source: CRMLS
Listing Agent: John Miller · Listing Office: Bennion Deville Homes · Contact: (760) 564-3161 · Bought with: Adam Gilbert · The Firm Commercial Referrals
See homes for sale in Indio Open the Nalren App

Explore Indio