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48647 Renewal Street, Indio, California 92201, Indio, 92201 - 5 bed, 5 bath

48647 Renewal Street, Indio, California 92201 home-pic-0
ACTIVE$2,000,000$3,308/sqft
Est. Value: $1,887,096
-5%
AboveEstimate
48647 Renewal Street, Indio, California 92201
5Beds
5Baths
3,308Sqft
13,504Lot

Price Vs. Estimate

The estimated value ($1,887,095.575) is $112,904.425 (5%) lower than the list price ($2,000,000). This property may be overpriced.

Key pros and cons

Top 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 = 13504, living area = 3308.
Top Cons:
Recurring Association Fees: The property incurs a monthly association fee of $210.0, which is a recurring operational cost that impacts net income for an investor.

Compared to the nearby listings

Price:$2.00M vs avg $550.0K (+$1,450,000)99%
Size:3,308 sqft vs avg 1,928 sqft94%
Price/sqft:$605 vs avg $302100%

More Insights

Built in 2005 (21 years old).
Condition: Built in 2005, this property has clearly undergone extensive and recent high-end renovations, making it feel virtually new. The kitchen features modern dark cabinetry, white solid-surface countertops, stainless steel appliances, and a contemporary stacked stone backsplash. All bathrooms are luxuriously updated with modern vanities, fixtures, and tiling, including a master bath with dual vessel sinks, a large walk-in shower, and a soaking tub. The overall interior boasts modern wood-look and large format tile flooring, contemporary lighting, and stylish finishes throughout, meeting current quality standards with no visible deferred maintenance.
Year Built
2005
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$605
HOA
$210
Days on market
-
Sold On
-
MLS number
219140829DA
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewPool

About this home

Set inside the highly coveted Montage at Santa Rosa, this proven, guest-favorite short-term rental delivers the rare combination of strong performance, unforgettable design, and built-in future demand. Adding to its appeal, the property is slated to be featured on the **Emmy Award-winning show Staycation!**bringing national exposure to an already standout investment.Designed for memorable stays and maximum occupancy, the home offers 5 bedrooms, 4.5 bathrooms, and 9 total beds, making it ideal for large groups, multi-family vacations, and festival travelers who want space without sacrificing luxury. Guest reviews consistently praise the flow of the layout--perfect for entertaining, gathering, and relaxing together.The backyard is a true destination. A resort-style pool, oversized hot tub, putting green, and a custom outdoor kitchen with fireplace and fire pit create a private desert retreat that keeps guests outside all day and rebooking before they leave. This is the type of outdoor experience today's travelers are willing to pay a premium for.Inside, the home is open, stylish, and thoughtfully curated with desert-inspired design and high-end finishes throughout. The chef's kitchen, anchored by an oversized island, serves as the heart of the home ideal for hosting and group dining while modern amenities such as a 75'' smart TV, 1-Gig Wi-Fi, and TVs in every bedroom ensure comfort and convenience for every guest.Location continues to drive demand, and this one checks every box. Just minutes from Coachella and Stagecoach, the Indian Wells Tennis Garden, and Old Town La Quinta, the property attracts repeat visitors year after year. Ample parking for up to 8 vehicles and an EV charger further enhance guest appeal.Offered turnkey and professionally managed, this is a rare opportunity to step into a luxury short-term rental that's already dialed in and performing. A seamless blend of lifestyle, location, and income this is a property that doesn't just stand out, it stays booked.This is the kind of home guests remember and investors actively seek out.

A
Angela Maciel-Gibbons
Listing Agent

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.6mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.3mi
3/10
Coachella Valley High School
Public,•9-12•4.6mi

Price History

Date
Event
Price
12/03/21
Sold
$1,900,000
07/13/18
Sold
$531,500
06/26/13
Sold
$495,000
01/28/09
Sold
$404,000
01/31/06
Sold
$663,000
Condition Rating
Excellent
Built in 2005, this property has clearly undergone extensive and recent high-end renovations, making it feel virtually new. The kitchen features modern dark cabinetry, white solid-surface countertops, stainless steel appliances, and a contemporary stacked stone backsplash. All bathrooms are luxuriously updated with modern vanities, fixtures, and tiling, including a master bath with dual vessel sinks, a large walk-in shower, and a soaking tub. The overall interior boasts modern wood-look and large format tile flooring, contemporary lighting, and stylish finishes throughout, meeting current quality standards with no visible 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 = 13504, living area = 3308.
Proven Short-Term Rental Performance: This property is a 'proven, guest-favorite short-term rental' with 'strong performance' and 'built-in future demand,' offered turnkey and professionally managed, indicating a reliable income-generating asset.
High-Profile Media Exposure: The property is slated to be featured on the Emmy Award-winning show 'Staycation!', providing significant national exposure and potentially boosting future demand and bookings.
Exceptional Outdoor Resort-Style Amenities: The backyard is a 'true destination' featuring a resort-style pool, oversized hot tub, putting green, custom outdoor kitchen with fireplace and fire pit, designed to attract premium guests.
Ideal for Large Groups & High Occupancy: With 5 bedrooms, 4.5 bathrooms, and 9 total beds, the home is perfectly configured for large groups, multi-family vacations, and festival travelers, maximizing occupancy and rental income potential.
Prime Event-Driven Location: Strategically located just minutes from Coachella, Stagecoach, Indian Wells Tennis Garden, and Old Town La Quinta, ensuring consistent demand from event-goers and repeat visitors.

Cons

Recurring Association Fees: The property incurs a monthly association fee of $210.0, which is a recurring operational cost that impacts net income for an investor.
Potential for Accelerated Wear and Tear: As a high-occupancy, guest-favorite short-term rental, the property may experience accelerated wear and tear on its interior and exterior amenities compared to a privately owned residence, despite professional management.
Market Niche Dependency: The property's strong demand is heavily reliant on its appeal to 'festival travelers' and proximity to major events, which could make its income stream vulnerable to changes in event popularity or local short-term rental regulations.
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