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Sold for $1,600,000 on 07/24/24
  • Listing Provided by: 

    Michael Smith DRE #02119749 760-777-6622,

    Vacaystay Real Estate

    Bought with: West Shores Realty, Inc.
    $1,600,000

    48573 Cascade St, Indio, CA 92201

    6beds
    3,050sqft
    Single Family Residence
    Built in 2004
    0.35 Acres Lot
    $1,565,400 Zestimate®
    $525/sqft
    $5,373 Estimated rent

    Home value

    $1,565,400

    $1.41M - $1.74M

    $5,373/mo

    Zestimate® history
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    $10,207/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 09:29pm

    Listing Provided by:

    Michael Smith DRE #02119749 760-777-6622,

    Vacaystay Real Estate

    Bought with:

    Lisa Hemmat, DRE #01740883

    West Shores Realty, Inc.

    Source: CRMLS,MLS#: 219107308DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Decorative, Electric, Gas Starter, Living Room, Raised Hearth, See Through
    Interior area
    • Total interior livable area: 3,050 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Spa features: Heated, In Ground, Private
    • Fencing: Block,Brick
    Lot
    • Size: 0.35 Acres
    • Features: Planned Unit Development, Sprinkler System
    Details
    • Parcel number: 602410033
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2004

    Community & neighborhood

    Security
    • Security features: Gated Community
    Community
    • Community features: Gated
    Location
    • Region: Indio
    • Subdivision: Montage At Santa Rosa

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    • Amenities included: Management, Pet Restrictions

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    7/24/2024Sold$1,600,000-5.9%$525/sqft
    Source: CRMLS #219107308DA
    6/13/2024Pending sale$1,700,000$557/sqft
    Source: CDAR/ Desert Area MLS #219107308
    3/5/2024Listed for sale$1,700,000$557/sqft
    Source: CDAR/ Desert Area MLS #219107308
    2/22/2024Pending sale$1,700,000$557/sqft
    Source: CDAR/ Desert Area MLS #219107308
    2/22/2024Listed for sale$1,700,000+17.2%$557/sqft
    Source: CDAR/ Desert Area MLS #219107308

    Public tax history

    YearProperty taxesTax assessment
    2025$22,443 +2.2%$1,610,000 +6.7%
    2024$21,960 +5.1%$1,508,580 +2%
    2023$20,900 +0.1%$1,479,000 +2%

    Find assessor info on the county website

    Neighborhood: 92201

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $1,565,400
    2% more+ $31,308
    With Zillow Showcase(estimated)
    $1,596,708