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48844 Meandering Cloud Street, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath

48844 Meandering Cloud Street, Indio, California 92201 home-pic-0
ACTIVE UNDER CONTRACT$1,900,000
48844 Meandering Cloud Street, Indio, California 92201
5Beds
3Baths
2,931Sqft
13,504Lot

Price Vs. Estimate

The estimated value ($1,743,319.86) is $156,680.14 (8%) lower than the list price ($1,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Short-Term Rental (STR) Investment: Explicitly highlighted as a 'luxury short term rental (STR) investment opportunity' and 'Coachella Festival Fans Favorite Resort Style place to be!', indicating strong income potential.
Top Cons:
High Operational & Maintenance Costs: The extensive array of luxury amenities (oversized pool, spa, game room, sports courts) will likely incur significant ongoing operational expenses and maintenance requirements.

Compared to the nearby listings

Price:$1.90M vs avg $556.5K (+$1,343,550)98%
Size:2,931 sqft vs avg 1,890 sqft93%
Price/sqft:$648 vs avg $299100%

More Insights

Built in 2005 (20 years old).
Condition: This property, built in 2005, is in very good condition and is move-in ready with no immediate renovations required. The kitchen features granite countertops and stainless steel appliances, which are functional and well-maintained. Bathrooms also present well with granite vanities and clean tile work. While the overall interior style, including cabinets and flooring, reflects its mid-2000s construction, it is clean and well-kept. The extensive outdoor amenities are in excellent condition, contributing to the property's appeal. It fits the 'Good' criteria as it was built within 10-20 years, is well-maintained, and has functional systems, though it hasn't undergone a full recent renovation to meet the latest modern design trends.
Year Built
2005
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$648
HOA
$175
Days on market
-
Sold On
-
MLS number
219137382DA
Home ConditionGood
Features
Good View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

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!

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.4mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.2mi
3/10
Coachella Valley High School
Public,•9-12•4.5mi
Condition Rating
Good
This property, built in 2005, is in very good condition and is move-in ready with no immediate renovations required. The kitchen features granite countertops and stainless steel appliances, which are functional and well-maintained. Bathrooms also present well with granite vanities and clean tile work. While the overall interior style, including cabinets and flooring, reflects its mid-2000s construction, it is clean and well-kept. The extensive outdoor amenities are in excellent condition, contributing to the property's appeal. It fits the 'Good' criteria as it was built within 10-20 years, is well-maintained, and has functional systems, though it hasn't undergone a full recent renovation to meet the latest modern design trends.
Pros & Cons

Pros

Exceptional Short-Term Rental (STR) Investment: Explicitly highlighted as a 'luxury short term rental (STR) investment opportunity' and 'Coachella Festival Fans Favorite Resort Style place to be!', indicating strong income potential.
Extensive Resort-Style Entertainment: Features an oversized pool with slide, spa, mist system, putting green, bocce, basketball court, BBQ island, firepit, and a full arcade game room, catering to diverse entertainment needs.
Prime Event-Centric Location: Strategically located 'walking distance to Coachella / Stage Coach, Polo & plenty of Golf, Dining and Shopping!', maximizing its appeal for event-goers and tourists.
Spacious & Turnkey Accommodation: Offers 5 spacious bedrooms, 3 baths, ample parking, and is 'fabulous fully furnished,' providing a ready-to-use solution for large groups.
Enhanced Privacy and Scenic Views: Benefits from having 'only 2 neighbors' and 'Mountain views,' contributing to a private and aesthetically pleasing environment.

Cons

High Operational & Maintenance Costs: The extensive array of luxury amenities (oversized pool, spa, game room, sports courts) will likely incur significant ongoing operational expenses and maintenance requirements.
Specialized Market Appeal: The property's strong emphasis on short-term rentals and event-based tourism may narrow its appeal to buyers seeking a traditional primary residence or long-term investment.
Potential for Dated Interior Elements: While described as 'improved,' the 2005 build year suggests some interior finishes or systems, despite granite islands, might not align with the latest modern design trends or energy efficiency standards, potentially requiring future updates.

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