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48573 Cascade Street, Indio, CA 92201
$1,700,000
Property Type:
Residential
Bedrooms:
6
Baths:
3
Square Footage:
3,050
Status:
Active
Current Price:
$1,700,000
List Date:
3/05/2024
Last Modified:
3/06/2024
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!
More Information MLS# 219107308
Listing, Location and Property Info
New Construction: No
APN: 602410033
Status: Active
Entry Date: 2024-02-22
Listing Date: 2024-02-22
Original List Price: 1800000
List Price: $1,700,000
Current Price: $1,700,000
Land Type: Fee
Property Sub-Type: Single Family Residence
Street #: 48573
Street Name: Cascade
Street Suffix: Street
County: Riverside
State: CA
Zip Code: 92201
Area: 314 - Indio South of Hwy 111
Subdivision: Montage at Santa Rosa
Country: US
General Property Information
Total Bedrooms: 6
Full Baths: 3
Approx SqFt: 3050
Total Baths: 3
SqFt Source: Assessor
Fireplace: Yes
Total Fireplaces: 1
Pool: Yes
Garage: Yes
Garage Description: Attached
Sprinklers: Yes
Building # of Stories: 1
Lot Size: 15246
Lot Size Source: Assessor
Year Built: 2004
Furnished: Furnished
Cross Streets: Gentle Breeze
Listing Info
Short Term Rentals: Yes
Rental Restrictions: Yes
Will Consider Lease: No
Tax Info
Tax Mello Roos: Unknown
Property Info
View: No
Golf Course Within Development: No
Senior Community: No
Gated Community: Yes
PUD Y/N: Yes
Total Monthly Association Fees: 150
Status Change Info
Status Change Date: 2024-03-05
Parking Spaces/Information
RV: No
Total Covered Spaces: 2
Total Uncovered/Assigned Spaces: 2
Total Garage Spaces: 2
Total Parking Spaces: 6
HOA Information
HOA: Yes
HOA Fee 1: 150
DPR
DPR Eligible: No
Property Features
Sale Type: Standard
Listing Terms: 1031 Exchange; Cash; Cash to Existing Loan; Cash to New Loan; Conventional
Irrigation: Sprinkler System
Fencing: Block; Brick
Disclosures: CC & R; Homeowners Association
Levels: Ground
Flooring: Carpet; Stone Tile
Cooling Type: Air Conditioning; Ceiling Fan(s); Central Air
Pool Location: Private
Pool Accessories: Unknown
Pool Construction: In Ground
Pool Description: Private
Spa/Hot Tub Construction: In Ground
Spa/Hot Tub Description: Heated; Private
Heating: Central; Fireplace(s)
Fireplace Location: Living Room
Fireplace Features: Decorative; Electric; Gas Starter; Glass Doors; Raised Hearth
Rooms: Great Room
Security Safety: Gated Community
Sewer: In, Connected and Paid
Parking: Driveway; Garage Door Opener
Association 1 Frequency: Monthly
Association Amenities: Management; Pet Rules
Land Lease Type: Fee Simple
Listing Office: Vacaystay Real Estate
Listing Agent: Michael Smith
Last Updated: March - 06 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.