48701 Gibraltar Street, Indio, California 92201, Indio, 92201 - 4 bed, 2 bath
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Indio, California 92201
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $745,000—positioned well below the $748,179 Fair Market Value by 0.42%. Featuring a Mint Condition Rating, the home includes a fully updated kitchen, brand-new HVAC, and a private pool and spa. Its proximity to the Polo Grounds makes it a premier asset for Buy-and-Hold Investors seeking short-term rental income, while the quiet, park-adjacent location also appeals to Owner-Occupants desiring a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48701 Gibraltar Street Subject | $745,000* List Price | 4 | 2 | 2,008 | $373 | - |
A 48580 Gibraltar Street Sold | $699,000 | 4 | 3 | 2,108 | $332 | 0.1 mi |
B 80435 Paseo De Tiempo Sold | $785,000 | 4 | 3 | 2,391 | $328 | 0.3 mi |
C 80741 Desert Spur Drive Sold | $620,000 | 4 | 2 | 1,677 | $370 | 0.9 mi |
D 48180 Chandler Court Sold | $537,000 | 5 | 2 | 1,873 | $287 | 0.8 mi |
E 47705 Tulip Sold | $755,000 | 4 | 3 | 1,750 | $431 | 0.7 mi |
F 49440 Seagull Place Sold | $594,827 | 4 | 3 | 1,835 | $324 | 0.7 mi |
G 49520 Seagull Place Sold | $630,232 | 4 | 3 | 1,835 | $343 | 0.7 mi |
H 48640 Vienna Court Active | $679,500 List Price | 3 | 3 | 1,992 | $341 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2000, the property has undergone significant recent renovations including a fully updated kitchen with quartz countertops and stainless steel appliances, updated tile flooring, and a brand-new HVAC system. The home is in mint, turnkey condition with no immediate maintenance required, fitting the criteria for a recent high-quality renovation.
The property is sold turnkey furnished and allows short-term rentals, making it an ideal 'plug-and-play' investment for the lucrative desert vacation rental market.
Located within walking distance to the Polo Grounds, home to Coachella and Stagecoach, this home commands premium rental rates during peak festival seasons.
With a brand-new HVAC system, updated quartz kitchen, and a private pool/spa retreat, the home offers modern comforts and reduced immediate maintenance costs for the buyer.
The assigned elementary, middle, and high schools all carry a low rating of 3, which may deter primary-residence buyers with school-aged children.
The current list price of $745,000 is lower than the previous 2023 sale price of $760,000, suggesting a slight cooling or correction in the local micro-market.
SOLD TURNKEY FURNISHED -- SHORT-TERM RENTALS ALLOWED! Welcome to the highly desirable community of Rincon, ideally located within walking distance to the world-famous Polo Grounds, home of Coachella and Stagecoach. Tucked away on a quiet, low-traffic interior street with a cul-de-sac-like feel, this beautifully maintained home offers the perfect blend of comfort, privacy, lifestyle, and investment potential. Featuring 4 spacious bedrooms, 2 bathrooms, and a 3-car garage, this residence is designed for both everyday living and effortless entertaining. The home showcases updated tile flooring throughout the main living areas, a fully stocked and updated kitchen with quartz countertops and stainless-steel appliances, and an inviting open layout that flows beautifully from the interior living spaces to the backyard retreat. The private backyard is made for desert living, complete with a sparkling pool and spa, ambient nighttime lighting, and a warm resort-like setting ideal for relaxing or entertaining. Two fruit trees add to the charm, including a sought-after Oro Blanco grapefruit tree. Additional highlights include a brand-new HVAC system, a family-friendly setting with green space/park directly beside the home, and a central location with easy access in and out of the community. Enjoy being just minutes from everyday essentials including Target, The Home Depot, Costco, and close to Old Town La Quinta, known for its charming shops, dining, and popular weekend farmers market. Whether you are searching for a full-time residence, vacation home, or income-producing short-term rental, this Rincon property offers an exceptional opportunity in one of La Quinta's most convenient and desirable locations.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 3.0 mi
Grades 9-12 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,008 | 1,953.5 |
| Lot Size | 7,841 | 6,970 |
| Price | $745.0K | $544.5K |
| Price per sq ft | $371 | $281 |
| Built year | 2000 | 2005 |
| HOA | $0 | $280 |
| Days on market | 1 | 80 |
Jul 21, 2026
$745,000
Initial Listing
Mar 6, 2023
$760,000
Public Record
May 31, 2019
$354,000
Public Record
Sep 15, 2016
$335,000
Public Record
Mar 12, 2009
$240,000
Public Record
Apr 14, 2004
$349,000
Public Record
Aug 11, 2000
$180,000
Public Record