$1,600,000
$1,700,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
48573 Cascade ST Indio, CA 92201
6 Beds
3 Baths
0.35 Acres Lot
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Montage At Santa Rosa
MLS Listing ID 219107308DA
Sold Date 07/24/24
Bedrooms 6
Full Baths 3
Condo Fees $150
HOA Fees $150/mo
HOA Y/N Yes
Year Built 2004
Lot Size 0.350 Acres
Property Description
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!
Location
State CA
County Riverside
Area 314 - Indio South Of East Valley
Interior
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type Decorative, Electric, Gas Starter, Living Room, Raised Hearth, See Through
Fireplace Yes
Exterior
Garage Driveway, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Brick
Pool In Ground, Private
Community Features Gated
Amenities Available Management, Pet Restrictions
View Y/N No
Parking Type Driveway, Garage, Garage Door Opener
Attached Garage Yes
Total Parking Spaces 6
Private Pool Yes
Building
Lot Description Planned Unit Development, Sprinkler System
Story 1
New Construction No
Others
Senior Community No
Tax ID 602410033
Security Features Gated Community
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with Lisa Hemmat • West Shores Realty, Inc.