48713 Spring Rain Court, Indio, CA 92201

About this single-family home

Great Investment opportunity!This rare find is located at the end of a cul-de-sac on a huge pie shaped lot with a side yard big enough for a detached casita and/or a 3rd car garage casita as others have done.The home has TWO master bedrooms, huge pool, Spa, comes fully furnished with lots of outdoor games to attract guests.Montage at Santa Rosa homes produce the most income as short term rentals in the Coachella Valley. Usually HOA means NO short term rentals, but the Montage HOA allows short term rentals and they are protected by the HOA. It's just walking distance to the famous Coachella Polo Grounds, so Stagecoach and Coachella guests prefer to stay here since they can just walk to the festivals.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,225,000

Sold October 2023 · listed $1,300,000, orig. $1,600,000, on market July 2023 · MLS #219097367DA · Source: CRMLS

Listing Agent: Michael Smith · Listing Office: Vacaystay Real Estate · Contact: (760) 777-6622 · Bought with: Damian Costello · HomeSmart

$1,450,000

Sold August 2021 · on market April 2021 · MLS #219061286DA · Source: CRMLS

Listing Agent: Michael Smith · Listing Office: OZA Realty · Contact: (760) 777-6622 · Bought with: Michael Smith · Vacaystay Real Estate

$660,000

Sold September 2019 · listed $699,900, on market July 2019 · MLS #219021143DA · Source: CRMLS

Listing Agent: Kaitlyn Stuart · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: (760) 564-9575 · Bought with: Alicia Zendejas · HomeSmart

$580,000

Sold August 2017 · on market July 2017 · MLS #217020032DA · Source: CRMLS

Listing Agent: Angela Maciel-Gibbons · Listing Office: HomeSmart · Contact: (760) 844-7500 · Bought with: Cleveland Langford · RE/MAX PREMIER PROPERTIES

$549,000

Sold September 2015 · on market April 2015 · MLS #215012084DA · Source: CRMLS

Listing Agent: Christina Jacobson · Listing Office: Coldwell Banker Realty · Contact: (760) 345-2527 · Bought with: Richard Chamberlin · Coldwell Banker Realty

Explore Indio