48846 Stillwater Street, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath
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Indio, California 92201
This property represents a High-Potential Investment Opportunity, listed at $1,800,000—positioned above the $1,713,991 Fair Market Value. While priced at a premium, the asset offers a Turnkey Condition Rating with a high-end Tuscan-inspired remodel, saltwater pool/spa, and arcade game room. Its proximity to the Empire Polo Grounds ensures consistent demand for short-term rentals. Despite lower-rated local schools, the property’s design is optimized for high-occupancy vacation performance. This is a flagship acquisition ideal for Buy-and-Hold Investors or STR Portfolio Managers seeking immediate, revenue-generating luxury assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48846 Stillwater Street Subject | $1,800,000* List Price | 5 | 3 | 2,888 | $593 | - |
A 48789 Cascade Street Sold | $1,450,000 | 5 | 4 | 3,308 | $438 | 0.2 mi |
B 48820 Renewal St Sold | $1,770,000 | 6 | 5 | 3,225 | $549 | 0.1 mi |
C 81102 Carefree Drive Sold | $1,600,000 | 6 | 5 | 3,446 | $464 | 0.2 mi |
D 81084 Falling Leaf Court Active | $1,799,000 List Price | 5 | 4 | 3,229 | $557 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2004, the property has undergone a high-end recent remodel (likely <5 years) featuring a chef's kitchen with a Calacatta marble waterfall island and premium stainless steel appliances. The bathrooms show modern tile work and updated fixtures, and the entire property is in mint, turnkey condition with extensive resort-style outdoor upgrades.
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 = 2888.
Located within walking distance to the Empire Polo Grounds, this property is perfectly positioned to capture maximum occupancy and premium nightly rates during the world-famous Coachella and Stagecoach festivals.
The backyard is a dedicated entertainment hub featuring a saltwater pool, spa, putting green, and bocce ball court, complemented by an indoor arcade room, making it a high-demand short-term rental.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The assigned elementary, middle, and high schools all carry a low rating of 3/10, which may deter long-term owner-occupants or families looking for a primary residence.
With a list price of $1.8M compared to a 2021 sale price of $1.45M, the property is positioned at the top of the market, which may require a high-volume rental strategy to achieve desired cap rates.
A premier investment opportunity in the highly sought-after Montage at Santa Rosa, one of the Coachella Valley's most recognizable luxury short-term rental communities. This fully furnished, professionally designed resort-style property offers investors the rare combination of proven income potential, exceptional guest appeal, and a location that consistently drives year-round demand.Positioned just minutes and even walking distance to the Empire Polo Grounds, home of the world-famous Coachella and Stagecoach festivals, this property is designed to maximize occupancy and command premium nightly rates. Beyond festival season, guests are drawn year-round by world-class golf, tennis, hiking, dining, shopping, and the area's thriving vacation rental market.The remodeled Tuscan-inspired residence features 5 spacious bedrooms and 3 bathrooms with an open-concept floor plan ideal for large groups. The chef's kitchen showcases premium stainless steel appliances, custom cabinetry, a dramatic Calacatta marble waterfall island, built-in bar seating, a beverage station, fireplace, and expansive gathering spaces that create an unforgettable guest experience.Outside, the backyard delivers the resort amenities today's travelers are actively searching for: a saltwater Pebble-Tec pool and spa, misting system, expansive outdoor living areas, built-in BBQ island, fire pit, putting green, bocce ball, cornhole, and multiple dining and lounge spaces beneath mature palm trees.The entertainment continues indoors with an incredible arcade game room featuring full-size arcade games, air hockey, pool table, foosball, and additional attractions that encourage longer stays, stronger reviews, and repeat bookings.Whether expanding an established STR portfolio or acquiring a flagship Coachella Valley vacation rental, this turnkey investment is positioned to capitalize on one of Southern California's strongest destination markets. A rare opportunity to own a luxury vacation home designed to deliver memorable guest experiences while maximizing rental performance.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,888 | 1,953.5 |
| Lot Size | 13,939 | 6,970 |
| Price | $1.80M | $544.5K |
| Price per sq ft | $623 | $281 |
| Built year | 2004 | 2005 |
| HOA | $210.0 | $280 |
| Days on market | 8 | 80 |
Jul 14, 2026
$1,800,000
Initial Listing
Oct 28, 2021
$1,450,000
Public Record
Mar 22, 2019
$655,000
Public Record
Jan 13, 2017
$550,000
Public Record
Jul 12, 2011
$344,500
Public Record