48573 Cascade Street, Indio, CA 92201

$1,600,000
6
BD
3
BA
3,050
SqFt

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Sold Price
$1,600,000
List Price
$1,700,000
Closing Date
Jul 24, 2024
Status
CLOSED
MLS#
219107308
Year Built
2004
Bedrooms
6
Bathrooms
3
Living Sq. Ft
3,050
Lot Size
15,246
Days on Market
100
Property Type
Single Family Residential
Stories
1
Neighborhood
Montage at Santa Rosa

Property Description

Welcome to The Montage, an exclusive gated community just moments away from the renowned Coachella/Stagecoach Polo Fields. It stands out as one of the rare gated communities where the homeowners' association not only permits but actively safeguards the rights of homeowners to engage in short-term rentals. This unique aspect, combined with the upscale and meticulously maintained homes, has positioned this neighborhood as one of the most lucrative opportunities for return on investment. The community has also established a large and growing base of repeat vacationers, making it an attractive destination for those seeking to profit from short-term rentals. This particular home is offered turnkey furnished, presenting an ideal scenario for an investor to seamlessly assume ownership and operation. Furthermore, the property has already secured future reservations for the remainder of 2024, further bolstering its appeal as a lucrative investment opportunity. Boasting an array of entertainment amenities such as a billiard table, putting green, and shuffle board, this property has been meticulously designed to cater to leisure and recreation. Beyond its entertainment offerings, the home also exudes luxury and privacy, making it a compelling prospect for discerning investors and vacationers alike. This is an opportunity not to be missed!

Additional Information

Land Lease Type
Fee
HOA Fee
Yes
HOA
150
Association Amenities
Management, Pet Rules
Pool
Yes
Pool Description
Private, In Ground
Spa
Yes
Fireplace Description
Decorative, Raised Hearth, Gas Starter, Glass Doors, Electric, Living Room
Heat
Central, Fireplace(s)
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
Parking
Garage Door Opener, Driveway
Garage Spaces Total
2
Sewer
In, Connected and Paid

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Calculator source: Real Geeks

Listing courtesy of Vacaystay Real Estate. Selling Office: .