48706 Stillwater Street, Indio, CA 92201

$1,950,000 Asking Price

5 beds
5 baths
3,560  sqft
Built in 2004

Here's your chance to secure an income-producing property in Montage Santa Rosa! This exceptional five-bedroom, four-bathroom residence, as featured in Sunset magazine, is not only an approved short-term rental but also boasts recent upgrades that enhance its appeal and profitability. The kitchen and bathrooms showcase stunning new countertops, while stamped concrete in the courtyard and backyard, along with fresh interior paint, elevate the property's aesthetic appeal. Additionally, the garage conversion into a game room and the installation of an EV charger cater to modern needs and preferences, further enhancing the property's value and income potential. Outdoors, indulge in resort-style living with a heated saltwater pool, elevated spa, fire pit, and granite slab bar--perfect for entertaining guests and attracting top-dollar rentals.The attached casita suite, with its own entrance to a private courtyard, adds versatility and allure, appealing to a wide range of guests. Inside, a versatile floor plan offers two comfortable living areas, four dining areas, and three bar spaces, ensuring seamless entertaining for both intimate gatherings and large groups.Located in the vibrant Coachella Valley, just 23 miles east of Palm Springs, this property offers not only lucrative income potential but also access to a thriving cultural scene, including the famed Coachella Valley Music and Arts Festival.Don't miss out on this exceptional investment opportunity!


Features & Amenities

Interior

General:
Walk-In Pantry
Appliances:
Refrigerator
Laundry:
Laundry Room
Flooring:
Carpet,Laminate,Tile
A/C:
true, Central Air
Heating:
true, Central,Fireplace(s)
Fireplace:
Living Room, Fireplace

Exterior

General:
Heated,In Ground
Pool:
In Ground
Parking:
Driveway,Other, Parking spaces: 6

Construction

General:
1

Location

HOA Amenities:
Controlled Access,Other, 150.0, Monthly
Originating MLS:
CRMLS
County:
Riverside

Lot

Zoning:
602420015
View:
Pool, View

Financial

Source:
CRMLS

This listing courtesy of:
HomeSmart, Angela Maciel-Gibbons

About Indio, CA

Housing

Number of Units
38,920
Median Home Value
$298,511
Median Rent
$1,093

29.48% of housing units are renter occupied.

15.31% are vacant.

Commute

Car
83.10%
Public Transportation
0.63%
Walk to Work
1.03%
Work from Home
14.42%
Other
0.47%

The median travel time to work is 20 minutes.

People

Population
100,429
Median Age
40.50
Median Household Size
2.49

Education

High School
34.65%
Associate’s Degree
5.98%
Bachelor’s Degree
11.31%
Graduate Degree
6.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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