48678 Cascade Street, Indio, California 92201, Indio, 92201 - 6 bed, 5 bath
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Indio, California 92201
This Proven Short-Term Rental Asset is listed at $2,495,000, representing a stable investment valuation compared to its $2,313,538 Fair Market Value due to its verified $200,000+ annual gross revenue. Boasting a Pristine Condition Rating, the remodeled estate features a Resort-Style Pool, New Pickleball Court, and Private Casita. Situated within walking distance of the Coachella Festival Grounds, the property is optimized for maximum guest appeal and high-occupancy festival stays. This high-performing, turnkey acquisition is an ideal match for Short-Term Rental Investors or Luxury Vacation Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48678 Cascade Street Subject | $2,495,000* List Price | 6 | 5 | 3,610 | $641 | - |
A 48716 48716 Spring Rain Sold | $2,200,000 | 8 | 5 | 3,908 | $563 | 0.1 mi |
B 48749 Renewal Street Sold | $1,950,000 | 6 | 5 | 3,346 | $583 | 0.2 mi |
C 81107 Carefree Drive Sold | $2,010,000 | 6 | 5 | 3,446 | $583 | 0.3 mi |
D 80895 Gentle Breeze Drive Sold | $2,552,500 | 6 | 4 | 3,152 | $810 | 0.0 mi |
E 48706 Stillwater Street Sold | $1,875,000 | 6 | 5 | 3,560 | $527 | 0.1 mi |
F 80828 Songbird Avenue Sold | $2,015,000 | 6 | 5 | 3,560 | $566 | 0.1 mi |
G 48820 Renewal St Active | $1,775,000 List Price | 6 | 5 | 3,225 | $550 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2004, the property has undergone extensive recent renovations to function as a high-end luxury retreat. The kitchen features updated granite countertops and stainless steel appliances, while the home boasts significant modern upgrades including a custom-lit game room, EV chargers, and smart home controls. The exterior is in pristine condition with a newly added pickleball court, putting green, and resort-style pool area, showing no signs of deferred maintenance.
This turnkey asset is a high-performing short-term rental that generated over $200,000 in gross revenue last year and is projected to exceed $250,000 this year, offering a rare, non-speculative investment opportunity.
Situated within walking distance of the Empire Polo Club, the property is perfectly positioned to capture premium rental rates and high occupancy during the Coachella and Stagecoach festivals.
The expansive lot is fully optimized for guest entertainment, featuring a new pickleball court, putting green, heated pool with cascading water features, and a private casita, ensuring strong repeat booking potential.
The local public schools are rated 3/10, which may deter traditional long-term family buyers and limit the property's appeal outside of the investment and vacation rental market.
With a list price nearly $800,000 higher than its 2023 sale price, the property may face appraisal challenges or buyer hesitation regarding the rapid increase in valuation over a short period.
A rare opportunity to own a proven, cash flowing desert retreat with an established book of business, just moments from the Empire Polo Club.Unlike many homes currently on the market or operating in the neighborhood, this property is not speculative. It is a proven, cash flowing asset with consistent performance. The home generated over $200,000 in gross revenue last year and is on pace to exceed $250,000 this year. This is an ideal opportunity for an owner to generate income while still enjoying the home throughout the year.Located in the highly sought-after Montage at Santa Rosa and walking distance to the Coachella Valley Music and Arts Festival and Stagecoach Festival, this remodeled 7 bedroom, 4.5 bathroom home is designed for both elevated living and maximum guest appeal.The open concept interior features a spacious great room, statement fireplace, and a chef's kitchen with granite countertops, custom cabinetry, stainless steel appliances, and an oversized breakfast bar, perfect for hosting and group experiences.The backyard delivers a true resort style setting with a heated pool and spa, cascading water features, Baja shelf loungers, and expansive entertaining areas. Built to stand out in the short term rental market, the property includes a new pickleball court, putting green, bocce ball area, custom misting systems, outdoor kitchen with built in BBQ, multiple fire pits, and a fully equipped game room. Additional highlights include a private casita, home gym, EV chargers, and smart pool controls.Configured to accommodate up to 16 guests, the home is ideal for festivals, retreats, and large group stays, driving strong occupancy and repeat bookings.With close proximity to golf, dining, Acrisure Arena, Indian Wells Tennis Garden, and El Paseo, this is a turnkey, high performing asset in one of the desert's most in demand short term rental corridors. The Airbnb link, financials and booking history are available upon request.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 3,610 | 1,995 | 96% |
| Lot Size | 14,375 | 6,534 | 94% |
| Price | $2.50M | $569.0K | 98% |
| Price per sq ft | $691 | $299 | 99% |
| Built year | 2004 | 2004 | 50% |
| HOA | $210.0 | $222 | 48% |
| Days on market | 21 | 176 | 0% |
Apr 1, 2026
$2,495,000
Initial Listing
Jul 18, 2023
$1,670,000
Public Record
Aug 20, 2018
$762,000
Public Record
Apr 1, 2005
$640,500
Public Record