48820 Renewal St, Indio, California 92201, Indio, 92201 - 6 bed, 5 bath
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Indio, California 92201
This High-Yield Short-Term Rental Asset is listed at $1,775,000, representing a stable valuation aligned with its $1,764,877 Fair Market Value. Boasting a Condition Rating of 3, this turnkey property is a proven investment powerhouse generating $260,000 in annual rental income. The expansive 6-bedroom layout includes a detached casita and a resort-style backyard featuring a private pool and spa, putting green, and outdoor fireplace. Located steps from festival grounds, this property is perfectly optimized for immediate ROI. It is an elite acquisition 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 |
|---|---|---|---|---|---|---|
★ 48820 Renewal St Subject | $1,775,000* List Price | 6 | 5 | 3,225 | $547 | - |
A 81102 Carefree Drive Sold | $1,600,000 | 6 | 5 | 3,446 | $464 | 0.1 mi |
B 48716 48716 Spring Rain Sold | $2,200,000 | 8 | 5 | 3,908 | $563 | 0.1 mi |
C 48749 Renewal Street Sold | $1,950,000 | 6 | 5 | 3,346 | $583 | 0.1 mi |
D 48706 Stillwater Street Sold | $1,875,000 | 6 | 5 | 3,560 | $527 | 0.1 mi |
E 48548 Meandering Cloud Street Sold | $1,500,000 | 5 | 4 | 3,308 | $453 | 0.2 mi |
F 80828 Songbird Avenue Sold | $2,015,000 | 6 | 5 | 3,560 | $566 | 0.2 mi |
G 48685 Sojourn Street Active | $1,800,000 List Price | 6 | 5 | 3,610 | $499 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is in well-maintained, move-in-ready condition, currently operating as a successful high-end short-term rental. The interior features updated wood-look flooring in the bedrooms, modern light fixtures, and a decorative tile fireplace surround. The resort-style backyard is a standout feature with a pool, spa, putting green, and outdoor fireplace, all appearing in excellent shape. While some elements like the wet bar cabinetry appear original to the 20-year-old build, the overall 'turn-key' presentation and lack of deferred maintenance align with the 'good' classification.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 3225.
The property is a proven investment powerhouse, generating $260,000 annually in short-term rental income, offering immediate high-yield potential for savvy investors.
With 6 bedrooms, a detached casita, and a floor plan allowing for a 7th bedroom, this home provides maximum flexibility for large groups and future value-add opportunities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The property was recently sold within the past year on 2025-10-22. The sold price is $1,589,000.00.
The local elementary, middle, and high schools all carry a rating of 3/10, which may deter long-term primary residents with school-aged children.
Are you searching for the ultimate desert getaway or a proven investment opportunity? Welcome to resort-style living in one of Indio’s most desirable gated communities, ideally located near the Coachella and Stagecoach festival grounds, world-class golf, tennis, and everything the desert lifestyle has to offer. This expansive 6-bedroom, 5-bath residence spans 3,225 sq ft on an oversized 13,068 sq ft lot and includes a detached casita—a highly sought-after feature that adds flexibility for multigenerational living, guest privacy. This home earns $260k in short-term rentals a year. The versatile floor plan also allows for the potential addition of a 7th bedroom and an additional half bath, maximizing future value. Designed for entertaining and group stays, the backyard is a true oasis featuring a private pool and spa, built-in BBQ, putting green, outdoor gas fireplace, firepit lounge, and generous space with room to add a pickleball court. A three-car garage offers ample parking or the opportunity to create a standout game room. Offered turn-key and vacation-rental ready, this property is well-suited for cost-segregation and accelerated depreciation strategies, making it an exceptional opportunity for buyers seeking strong lifestyle appeal paired with compelling investment potential.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 4.5 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 | 3,225 | 1,995 | 93% |
| Lot Size | 13,068 | 6,534 | 90% |
| Price | $1.77M | $569.0K | 96% |
| Price per sq ft | $550 | $299 | 97% |
| Built year | 2005 | 2004 | 58% |
| HOA | $230.0 | $223 | 53% |
| Days on market | 105 | 177 | 22% |
Feb 19, 2026
$1,775,000
$1,799,000
-1% Price Drop
Initial Listing
Jan 8, 2026
$1,799,000
Initial Listing
Oct 22, 2025
$1,589,000
Public Record
Aug 31, 2011
$426,000
Public Record
Dec 30, 2005
$672,500
Public Record