Active

48573 Cascade Street

Indio CA, 92201

$1,700,000


$557.38 per sqft

Active

6 Beds

3 Baths

3,050 sqft

Residential

Built in 2004

Listed by Michael Smith with Vacaystay Real Estate (760) 777-6622

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!

219107308DA

MLS ID

February 22, 2024

Listed

March 28, 2024

Updated

Map

48573 Cascade Street
Indio CA, 92201

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

3


Floor Description

Carpet, Tile


Fireplace

Yes


Fireplace Description

Decorative, Electric, Gas Starter, Living Room, Raised Hearth, See Through


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Fireplace(s)

Exterior/Building Features

Lot Size

0.35 Acres


Lot Features

Planned Unit Development, Sprinkler System

Other Property Details

Area Name

314 - Indio South of East Valley


Association Fee

$150


Association Fee Frequency

Monthly


Association Amenities

Management, Pet Restrictions


Garage

Yes


Garage Spaces

2


Parking

Driveway, Garage, Garage Door Opener


Parking Total

6


View

No


County

Riverside


Pool

Yes


Pool Features

In Ground, Private


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

3/6/2024

Active

2/22/2024

Pending

2/22/2024

Price Change

$1,700,000

-6%

Listing Contact: (760) 777-6622 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:13 PM UTC

 

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