48602 Anastacia Court, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath
ACTIVE$895,000
48602 Anastacia Court, Indio, California 92201
4Beds
3Baths
1,909Sqft
5,227Lot
Price Vs. Estimate
The estimated value ($791,165.01) is $103,834.99 (11%) lower than the list price ($895,000). This property may be overpriced.
Key pros and cons
Top Pros:
Established Income-Producing Property: The property is explicitly marketed as an 'ESTABLISHED Income Producing Property' and a 'fully functioning Airbnb,' offering immediate cash flow potential for investors.
Top Cons:
Market Dependency on Festivals: While a strength, the 'HIGH DEMAND' is heavily tied to Coachella & Stagecoach, suggesting potential income variability or lower occupancy during off-festival seasons.
Compared to the nearby listings
Price:$895.0K vs avg $556.5K (+$338,550)91%
Size:1,909 sqft vs avg 1,890 sqft52%
Price/sqft:$469 vs avg $29996%
More Insights
Built in 2006 (19 years old).
Condition: Despite being built in 2006, the property has undergone a stated 'fully remodeled, inside and out' renovation. The images confirm a contemporary and high-quality update, featuring modern white shaker cabinetry, quartz countertops, and stainless steel appliances in the kitchen. Bathrooms are equally updated with modern vanities, large format tiling, and glass shower enclosures. The entire home boasts consistent large format tile flooring, new light fixtures, and a fresh aesthetic. Crucially, the description mentions 'brand new Carrier 16Seer AC systems' and a 'pebble-tec pool +spa,' indicating significant system and exterior upgrades. These extensive, recent renovations bring the property's condition to 'Excellent,' meeting current quality standards with virtually new components and no deferred maintenance.
Year Built
2006
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
$469
HOA
$270
Days on market
-
Sold On
-
MLS number
219137296DA
Home ConditionExcellent
Features
Good View: Mountain(s), Pool, Trees/Woods
Deck
Pool
Spa
Patio
ViewMountain(s), Pool, Trees/Woods
About this home
CALLING ALL INVESTORS! This Short-Term Rental is an ESTABLISHED Income Producing Property! Get your fully functioning Airbnb property now, before season starts! Located inside the Anastacia community in Indio, this 4 bedroom, 3 bathroom home is FULLY FURNISHED & TURNKEY READY! It is located across the street from Coachella & Stagecoach festival's VIP Parking lot! It is walking distance to the venue, which makes this rental in HIGH DEMAND! It is fully remodeled, inside and out. Beautiful high end large format tile flooring throughout , refinished maple cabinetry, quartz countertops, pebble-tec pool +spa, brand new Carrier 16Seer AC systems, and the list goes on. Cash flow this home for decades to come! Call today for more information to schedule your private showing!
Nearby schools
3/10
Mountain Vista Elementary School
Public,•K-6•0.8mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•1.9mi
3/10
Coachella Valley High School
Public,•9-12•4.2mi
Condition Rating
Excellent
Despite being built in 2006, the property has undergone a stated 'fully remodeled, inside and out' renovation. The images confirm a contemporary and high-quality update, featuring modern white shaker cabinetry, quartz countertops, and stainless steel appliances in the kitchen. Bathrooms are equally updated with modern vanities, large format tiling, and glass shower enclosures. The entire home boasts consistent large format tile flooring, new light fixtures, and a fresh aesthetic. Crucially, the description mentions 'brand new Carrier 16Seer AC systems' and a 'pebble-tec pool +spa,' indicating significant system and exterior upgrades. These extensive, recent renovations bring the property's condition to 'Excellent,' meeting current quality standards with virtually new components and no deferred maintenance.
Pros & Cons
Pros
Established Income-Producing Property: The property is explicitly marketed as an 'ESTABLISHED Income Producing Property' and a 'fully functioning Airbnb,' offering immediate cash flow potential for investors.
Prime Festival Location: Its location directly across from Coachella & Stagecoach festival's VIP parking and walking distance to the venue ensures exceptionally high demand and premium rental rates during peak event seasons.
Turnkey & Fully Furnished: Being 'FULLY FURNISHED & TURNKEY READY' significantly reduces initial setup costs and effort for a new owner, allowing for immediate rental operation.
Extensive Recent Remodel & Upgrades: The home has been 'fully remodeled, inside and out' with high-end finishes including large format tile, quartz countertops, refinished cabinetry, a pebble-tec pool/spa, and brand new Carrier 16Seer AC systems, minimizing immediate capital expenditures.
Private Pool and Spa: The inclusion of a pebble-tec pool and spa is a highly desirable amenity for short-term rentals in Indio's climate, enhancing guest appeal and rental value.
Cons
Market Dependency on Festivals: While a strength, the 'HIGH DEMAND' is heavily tied to Coachella & Stagecoach, suggesting potential income variability or lower occupancy during off-festival seasons.
Recurring Association Fees: The property incurs a monthly association fee of $270.0, which is a recurring operational cost that impacts net investment returns.
Listing Price Above Estimated Value: The current listing price of $895,000 is 6% higher than the property's estimated value of $835,614.87, potentially indicating it is priced above current market expectations.