48844 Meandering Cloud Street, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath
48844 Meandering Cloud Street
Indio, California 92201
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48844 Meandering Cloud Street Subject | $1,850,000* List Price | 5 | 3 | 2,931 | $559 | - |
A 48548 Meandering Cloud Street Sold | $1,500,000 | 5 | 4 | 3,308 | $453 | 0.1 mi |
B 48749 Renewal Street Sold | $1,950,000 | 6 | 5 | 3,346 | $583 | 0.1 mi |
C 48820 Renewal Street Sold | $1,589,000 | 6 | 5 | 3,225 | $493 | 0.1 mi |
D 48706 Stillwater Street Sold | $1,875,000 | 6 | 5 | 3,560 | $527 | 0.2 mi |
E 80828 Songbird Avenue Sold | $2,015,000 | 6 | 5 | 3,560 | $566 | 0.3 mi |
F 81107 Carefree Drive Sold | $2,010,000 | 6 | 5 | 3,446 | $583 | 0.1 mi |
G 81084 Falling Leaf Court Active | $1,895,000 List Price | 5 | 5 | 3,229 | $587 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property is a well-maintained, turnkey luxury short-term rental that fits the 10-20 year age bracket. The home features an improved open-concept kitchen with double granite islands and stainless appliances, high-end flooring, and extensive resort-style outdoor upgrades including a mist system, putting green, and custom pool features. It is move-in ready with no immediate renovations required, though it retains its original 2005 structural footprint.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 2931.
- Turnkey STR Investment
The property is a proven, high-performing short-term rental offered fully furnished, providing an immediate 'plug-and-play' opportunity for luxury investors.
- Elite Outdoor Amenities
The oversized lot features a private resort-style backyard with a pool slide, mist system, 26-foot putting green, and multiple sports courts, maximizing guest appeal.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The local elementary, middle, and high schools are all rated 3/10, which may deter long-term owner-occupants and limit the resale market to investors.
- Market Price Sensitivity
A recent price reduction from the original listing suggests the property may be testing the upper limits of the local market value for the Montage subdivision.
About 48844 Meandering Cloud Street
Welcome to Montage at Santa Rosa Coachella Festival Fans Favorite Resort Style place to be! Historical and forward performing luxury short term rental (STR) investment opportunity in this fabulous fully furnished, improved home with ideal location & only 2 neighbors Mountain views and great privacy. Features 5 spacious bedrooms, 3 baths. Multiple indoor & outdoor entertainment w/oversized Pool. Spa w/ waterfall features & monster pool slide, mist system -26' putting green, bocce & basketball game court area, expansive patio deck, BBQ island & cozy firepit. Move the party indoors to the amazing Arcade Game Room w/ Pool Table, Air Hockey full size Arcade games, Golden Tee, Pacman & more! Open concept kitchen w/wet bar, 2 granite islands, dining & living area with Lg screen TV, fireplace & wet bar make indoor guest gatherings a breeze with French doors leading to your private resort, perfect for indoor or outdoor dining with all the luxury amenities to accommodate your entire group of friends & family with ample parking, walking distance to Coachella / Stage Coach, Polo & plenty of Golf, Dining and Shopping! Welcome to your private STR Resort!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 13,504 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $175.0 / Month
Neighborhood Insights
Indio Unified Schools
Mountain Vista Elementary School
Grades K-6 • 0.4 mi
Cahuilla Desert Academy Junior High
Grades 7-8 • 2.2 mi
Coachella Valley High School
Grades 9-12 • 4.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,931 | 1,981 | 91% |
| Lot Size | 13,504 | 6,599 | 94% |
| Price | $1.85M | $575.0K | 96% |
| Price per sq ft | $631 | $302 | 99% |
| Built year | 2005 | 2004 | 60% |
| HOA | $175.0 | $210 | 42% |
| Days on market | 138 | 171 | 36% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,850,000
$1,900,000
-3% Price Drop
Initial Listing
Price Change
Oct 21, 2025
$1,900,000
Initial Listing