45640 Cimarron Road, Indio, California 92201, Indio, 92201 - 5 bed, 4 bath
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Indio, California 92201
This Turnkey 5-Bedroom Rental Asset is listed at $690,000, representing a stable investment priced competitively near its $680,205 Fair Market Value. Boasting a Condition Rating of 2, the home features a Remodeled Granite Kitchen and a Resort-Style Backyard complete with a Pool & Spa, putting green, panoramic Mountain Views, and RV Parking. With No HOA restrictions and transferable rental bookings, the property offers immediate utility within the Desert Sands Unified district near James Madison Elementary. This Park Madison residence is an ideal acquisition for Short-Term Rental Investors or Lifestyle-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45640 Cimarron Road Subject | $690,000* List Price | 5 | 4 | 1,939 | $351 | - |
A 46096 Mesa Verde Sold | $685,000 | 5 | 3 | 2,200 | $311 | 0.2 mi |
B 46164 La Mesa Street Sold | $525,000 | 4 | 2 | 1,700 | $309 | 0.3 mi |
C 81364 Monet Court Sold | $485,000 | 4 | 3 | 1,880 | $258 | 0.9 mi |
D 46433 Mesa Verde Trail Active | $710,000 List Price | 5 | 3 | 1,964 | $362 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone extensive recent renovations within the last 5 years. The kitchen features modern two-toned cabinetry and new stainless steel appliances, while all bathrooms have been completely remodeled with custom tile and smart toilets. The exterior is also highly maintained with a newly re-plastered pool and spa, making the home virtually new in terms of finishes and systems.
With no HOA restrictions and existing short-term rental bookings available for transfer, this property offers an immediate revenue stream and high utility for investors in the Coachella Valley.
The backyard is a premier entertainment hub featuring a newly re-plastered pool and spa, a built-in BBQ island, a putting green, and unobstructed mountain views.
The home boasts significant upgrades, including a remodeled kitchen with granite counters and high-end bathrooms featuring custom tile work and smart toilets, ensuring a move-in-ready experience.
Configuring five bedrooms and four bathrooms within 1,939 square feet may result in smaller individual room dimensions and a potentially crowded feel when at full capacity.
The property is served by local schools with lower ratings (3/10 and 4/10), which could impact long-term appreciation and appeal to primary-residence families.
Welcome to a rarely available 5-bedroom, 4-bath home with no HOA! This property offers a luxurious interior and is currently a highly desirable short-term rental with many future bookings that can transfer to the new owner--making it the perfect blend of investment and personal getaway. Enjoy the resort-style backyard with a newly re-plastered sparkling pool & spa, built-in BBQ island, covered dining space, putting green, and incredible mountain views. Inside, the light and bright open floorplan features completely remodeled upstairs and downstairs bathrooms with custom tile showers, new vanities and smart toilets! The spacious kitchen boasts granite counters, two-toned cabinetry with brass hardware, and new stainless steel appliances, opening to the dining room and backyard for seamless entertaining. The inviting living room features a cozy fireplace, while a main-level bedroom with en suite bath provides flexibility for guests. Upstairs, discover four additional bedrooms, including a spacious primary suite with dual vanities and a high-end hotel feel. With updated bathrooms throughout, RV parking, and an attached 2-car garage, this property is move-in ready. Whether for personal use or as a lucrative STR, this Indio home captures the best of desert living.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 1,939 | 1,985 | 48% |
| Lot Size | 6,098 | 6,534 | 43% |
| Price | $690.0K | $569.0K | 74% |
| Price per sq ft | $356 | $299 | 76% |
| Built year | 1988 | 2004 | 15% |
| HOA | $0 | $222 | 23% |
| Days on market | 99 | 176 | 20% |
Mar 8, 2026
$690,000
$715,000
-3% Price Drop
Initial Listing
Jan 13, 2026
$715,000
Initial Listing
Dec 9, 2022
$600,000
Public Record
Apr 23, 2021
$432,000
Public Record
Jul 24, 2013
$215,000
Public Record
Aug 15, 2008
$190,000
Public Record
Jun 7, 1995
$85,000
Public Record