48713 Spring Rain Court, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

48713 Spring Rain Court, Indio, California 92201 home-pic-0
ACTIVE$1,675,000
48713 Spring Rain Court, Indio, California 92201
4Beds
3Baths
2,667Sqft
0.3Lot
Year Built
2004
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$628
HOA
$210
Days on market
-
Sold On
-
MLS number
219137642DA
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.68M(96th), sqft - 2667(90th), beds - 4(57th), baths - 3(50th).

Turnkey Investor's Dream in the Prestigious Montage at Santa Rosa Community.A high-performing short-term rental on an oversized ~0.30-acre lot at the end of a quiet cul-de-sac inside Montage at Santa Rosa - one of Indio's most sought-after, permit-friendly gated neighborhoods. This property is already operating as a fully furnished, income-producing rental and has approximately $40,000 in booked revenue for April 2026 alone.The home features two true primary suites (dual primary bedrooms with ensuite baths), an expansive resort-style pool and spa, multiple outdoor game areas, and comes fully furnished, allowing guests to check in on day one.The large lot provides exceptional upside. The seller includes blueprints for a 3-car-garage + casita addition, which can expand the home to a 5-bed layout - mirroring other high-earning rentals in the community. There's also space for an outdoor kitchen or ADU to further boost nightly rates and long-term value.Located in a luxury enclave where a neighboring property recently sold for $3.2 million, Montage homes command premium rates thanks to their rare walkable proximity to Coachella and Stagecoach festival grounds.A rare opportunity to acquire land, income, and expansion potential in one of the desert's top-performing STR communities.Contact Mike Smith for a private showing and full financials.

Nearby schools

3/10
Mountain Vista Elementary School
Public,K-60.6mi
3/10
Cahuilla Desert Academy Junior High
Public,7-82.4mi
3/10
Coachella Valley High School
Public,9-124.7mi

Price History

Date
Event
Price
10/25/25
Listing
$1,675,000
Condition Rating
Good

The property, built in 2004, is 20 years old, placing it within the 'Good' category's age range. It is presented as a 'turnkey' short-term rental, indicating it is move-in ready and well-maintained. The images confirm this, showcasing a clean and updated interior. The kitchen features modern white shaker cabinets, dark granite countertops, and black appliances that are functional and in good condition, though not the latest stainless steel. Bathrooms are also updated with modern vanities, fixtures, and tiling. Flooring is a mix of well-maintained tile and carpet. Light fixtures are contemporary, including recessed lighting and modern pendants. The overall condition shows minimal wear and tear, with systems appearing functional and within expected lifespan, aligning perfectly with the 'Good' criteria.
Pros & Cons

Pros

Exceptional Income-Generating Asset: This property is a high-performing, fully furnished short-term rental with approximately $40,000 in booked revenue for April 2026 alone, offering immediate and substantial income.
Prime Festival Location: Located in a permit-friendly, gated community with rare walkable proximity to Coachella and Stagecoach festival grounds, ensuring high demand and premium rental rates.
Significant Expansion Potential: An oversized 0.30-acre lot at the end of a cul-de-sac includes blueprints for a 3-car garage + casita addition (to a 5-bed layout) and space for an ADU/outdoor kitchen, offering substantial future value appreciation.
Resort-Style Amenities: The home features two true primary suites, an expansive resort-style pool and spa, and multiple outdoor game areas, enhancing guest experience and rental appeal.
Strong Market Comparables: Situated in a luxury enclave where a neighboring property recently sold for $3.2 million, indicating strong market value and potential for premium rates within the community.

Cons

Reliance on Short-Term Rental Market: The property's high valuation and income potential are heavily dependent on the short-term rental market, which can be subject to regulatory changes, increased competition, or shifts in demand.
Additional Capital Investment for Maximized Potential: While offering significant expansion potential, realizing the full '5-bed layout' and 'high-earning rental' status requires further capital investment for the proposed casita/garage addition and ADU/outdoor kitchen.
Ongoing Association Fees: A monthly association fee of $210 adds to the operational costs, which needs to be factored into profitability calculations for an investor.

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