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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.