48845 Renewal Street, Indio, California 92201, Indio, 92201 - 4 bed, 4 bath

48845 Renewal Street, Indio, California 92201 home-pic-0
ACTIVE$1,549,000
48845 Renewal Street, Indio, California 92201
4Beds
4Baths
2,931Sqft
13,939Lot
Year Built
2005
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$528
HOA
$210
Days on market
-
Sold On
-
MLS number
OC25191517
Home ConditionGood
Features
Good View: Desert, Mountain(s), Pool
Pool
Spa
Patio
ViewDesert, Mountain(s), Pool

About this home

We found 3 Cons,6 Pros. Rank: price - $1.55M(96th), sqft - 2931(93th), beds - 4(57th), baths - 4(87th).

Welcome to your next high-performing investment! Nestled in the highly sought-after, short-term rental approved community of Montage, this luxurious 4-bedroom, 4-bath pool home sits just a short walk from the Coachella and Stagecoach festival grounds. Designed for both income potential and effortless entertaining, the open-concept layout is ideal for hosting large groups. Two expansive primary suites ensure comfort and privacy while the attached casita gives some additional privacy from the other guest. Flexible floor plan—complete with drawings for a potential 5th and/or 6th bedroom conversion (see pictures)—adds even more versatility. Step outside to an entertainer’s paradise: a heated pool and spa, fire pit, shaded lounge areas, and a covered patio with fans. There’s even room to add a pickleball court, just like several neighbors have done (see pictures). Whether guests come for world-class festivals, golf, tennis, or desert adventures in Joshua Tree, this home delivers it all. Offered turnkey and fully furnished, it’s ready to generate income from day one. With strong demand, a secure gated setting, and unmatched proximity to top attractions, this rare opportunity won’t last!

Nearby schools

3/10
Mountain Vista Elementary School
Public,K-60.5mi
3/10
Cahuilla Desert Academy Junior High
Public,7-82.3mi
3/10
Coachella Valley High School
Public,9-124.5mi

Price History

Date
Event
Price
08/26/25
Listing
$1,549,000
Condition Rating
Good

Built in 2005, this property is 19 years old and falls within the 'Good' condition age range. It is move-in ready and exceptionally well-maintained, as evidenced by the 'turnkey and fully furnished' description and pristine images. The kitchen features functional stainless steel appliances, granite countertops, and dark wood cabinets, presenting a solid, transitional style. Bathrooms are clean and in good order; while the master bath's tile and wallpaper reflect its original build year, other bathrooms showcase more updated white subway tiles and modern vanities. Flooring is a mix of well-kept hardwood/laminate and clean carpet. All visible fixtures and systems appear functional and well-maintained, with no immediate renovation required.
Pros & Cons

Pros

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 = 13939, living area = 2931.
Short-Term Rental Approved & Income Potential: Located in a highly sought-after, short-term rental approved community, this property is explicitly marketed as a high-performing investment, offered turnkey and fully furnished, ready to generate income from day one.
Prime Festival Location: Its unparalleled proximity, just a short walk from the Coachella and Stagecoach festival grounds, makes it an extremely desirable location for event-goers, ensuring strong demand during peak seasons.
Extensive Outdoor Entertainment: The property boasts an entertainer's paradise with a heated pool and spa, fire pit, shaded lounge areas, a covered patio with fans, and even space to add a pickleball court, enhancing guest experience and rental appeal.
Flexible Layout & Expansion Potential: Featuring an open-concept layout, two expansive primary suites, an attached casita for added privacy, and available drawings for a potential 5th and/or 6th bedroom conversion, offering significant versatility.
Turnkey & Fully Furnished: Being offered turnkey and fully furnished allows for immediate occupancy or rental operation without additional setup costs or time, making it an attractive proposition for investors.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $210, which adds to the recurring cost of ownership and can impact net rental income.
Seasonal Demand Fluctuation: While ideal for festival seasons, the strong reliance on specific events for peak demand may lead to significant seasonal fluctuations in occupancy and rental rates during off-peak periods.
High Maintenance & Utility Costs: The extensive outdoor amenities, including a heated pool, spa, and fire pit, will incur substantial ongoing maintenance and utility expenses, particularly in the desert climate of Indio.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state