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47705 Tulip, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

47705 Tulip, Indio, California 92201 home-pic-0
ACTIVE$825,000
47705 Tulip, Indio, California 92201
4Beds
3Baths
1,750Sqft
7,841Lot
Year Built
1995
Close
-
List price
$825K
Original List price
$850K
Price/Sqft
$471
HOA
-
Days on market
-
Sold On
-
MLS number
OC25234364
Home ConditionExcellent
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $825.0K(89th), sqft - 1750(39th), beds - 4(57th), baths - 3(50th).

Welcome to Mariposa House—your turnkey desert oasis and proven 5-star short-term rental! This fully remodeled 5BD/3BA home is a great income-producing STR and could be a beautiful primary residence, featuring an open layout, updated kitchen with modern appliances, new flooring and showers, and Smart TVs in every bedroom. Offered fully furnished, including kitchenware and linens, it is truly move-in ready. The resort-style backyard includes a gated pool and spa, outdoor movie projector, putting green, pool table, shaded gazebo with lounge seating, grill, and full poolside bathroom—perfect for entertaining, relaxing, or hosting guests. Investors will appreciate the strong rental history and festival-season demand with income potential starting day one, while families and end-users will love the spacious layout, safety-gated pool, and versatile outdoor living. Currently operating as a successful STR, the home is offered fully furnished with potential annual gross revenue over $100,000 and cap rates up to 8.4% (self-managed) or 6.7% (professionally managed), making it an ideal choice for those seeking a proven income property, a serene getaway, or a unique desert home in one of the area’s most desirable locations.

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•1.2mi
6/10
Harry S. Truman Elementary School
Public,•K-5•2.1mi
5/10
La Quinta Middle School
Public,•6-8•2.1mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.9mi
4/10
Indio High School
Public,•9-12•1.4mi
3/10
Coachella Valley High School
Public,•9-12•5.2mi

Price History

Date
Event
Price
12/05/25
Price Change
$825,000-2.9%
10/09/25
Listing
$850,000
Condition Rating
Excellent
Despite being built in 1995, the property has been 'fully remodeled' as stated in the description, and the images confirm extensive, high-quality updates. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances. Bathrooms are completely updated with modern vanities, fixtures, and new tiled showers with glass enclosures. New LVP flooring is installed throughout, and light fixtures are contemporary. These renovations bring the property's condition to a virtually new standard, meeting current quality and style expectations, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1750.
High Income Potential & Proven STR: The property is a proven 5-star short-term rental with a strong history, festival-season demand, and potential annual gross revenue over $100,000, offering attractive cap rates up to 8.4% (self-managed).
Turnkey & Fully Furnished: Offered fully furnished, including kitchenware and linens, making it truly move-in ready for a primary residence or immediate operation as a short-term rental without additional setup costs.
Extensive Resort-Style Backyard: Features a comprehensive resort-style backyard with a gated pool and spa, outdoor movie projector, putting green, pool table, shaded gazebo, grill, and a full poolside bathroom, ideal for entertainment and guest appeal.
Fully Remodeled & Updated Interiors: The home has been fully remodeled, boasting an updated kitchen with modern appliances, new flooring, new showers, and Smart TVs in every bedroom, ensuring a contemporary and comfortable living experience.
Versatile Use: Appeals to a broad buyer pool as it functions as a successful income-producing short-term rental but also offers the potential to be a beautiful and spacious primary residence for families or end-users.

Cons

Age of Construction: Built in 1995, the property's underlying structure is nearly 30 years old. While extensively remodeled, core systems like plumbing, electrical, or HVAC may still be original or older, potentially requiring future maintenance or upgrades not covered by cosmetic renovations.
Compact Size for Bedroom Count: With 5 bedrooms and 3 bathrooms within 1750 square feet, the property's layout might result in smaller individual room sizes or less expansive common living areas, which could feel cramped for larger groups or extended stays, especially for a short-term rental.
Recent Price Adjustment: The property has recently undergone a price reduction from $850,000 to $825,000, which could indicate an initial overestimation of market value or a need to attract more buyer interest.

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