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48706 Stillwater Street, Indio, CA 92201

$1,950,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,560 Status: Active
Current Price: $1,950,000 List Date: 4/03/2024 Last Modified: 4/04/2024

Description

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!

More Information MLS# 219109396

Listing, Location and Property Info

APN: 602420015 Status: Active Entry Date: 2024-04-02 Listing Date: 2024-04-01 Original List Price: 1950000 List Price: $1,950,000 Current Price: $1,950,000 Land Type: Fee Property Sub-Type: Single Family Residence Street #: 48706 Street Name: Stillwater 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: 5 Full Baths: 4 Half Baths: 1 Approx SqFt: 3560 Total Baths: 5 SqFt Source: Assessor Fireplace: Yes Total Fireplaces: 1 Pool: Yes Garage: Yes Garage Description: Attached Sprinklers: Yes Building # of Stories: 1 Lot Size: 13939 Lot Size Source: Assessor Year Built: 2004 Furnished: Furnished Cross Streets: Serenity Dr

Listing Info

Short Term Rentals: Yes Will Consider Lease: No

Tax Info

Tax Mello Roos: No

Property Info

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: 2024-04-02

Parking Spaces/Information

Total Uncovered/Assigned Spaces: 4 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: Cash; Conventional; Other View Type: Pool Irrigation: Sprinkler System; Sprinkler Timer Disclosures: CC & R; Homeowners Association Levels: Ground; One Appliances: Dryer; Refrigerator; Washer Built-In BBQ: Gas Kitchen Features: Granite Slab Counters Eating Areas: Breakfast Nook; Kitchen Island; Living/Dining Combo Flooring: Carpet; Laminate; Tile Cooling Type: Central Air Pool Location: Private Pool Construction: In Ground Pool Description: In Ground Spa/Hot Tub Construction: In Ground Spa/Hot Tub Description: Heated Heating: Central; Fireplace(s) Fireplace Location: Living Room Fireplace Features: Gas & Wood Rooms: Casita - Guest House; Walk In Pantry Laundry: Individual Room Security Safety: Automatic Gate Sewer: In, Connected and Paid Parking: Driveway; Other Association 1 Frequency: Monthly Association Amenities: Controlled Access; Other Land Lease Type: Fee Simple
Listing Office: HomeSmart
Listing Agent: Angela Maciel-Gibbons
Last Updated: April - 04 - 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.