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48845 Renewal Street

Indio, CA 92201
  • $1,740,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 219126228
UPDATED: 24 min ago
$1,740,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,932
    SQFT
  • $593
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Ratings & Info

Description

Short-Term-Rental friendly HOA ''The Montage'' is an investor's dream for huge passive income while owning a vacation home within walking distance of the Polo Grounds for Coachella & Stagecoach events. Due to its location to the festivals, golf resorts, Indian Wells tennis gardens, Joshua Tree & countless other attractions, the Montage is one of the highest-producing neighborhoods in the country on Airbnb for the past 6 years straight. It's a great, safe gated neighborhood just perfect for walks. The HOA here ALLOWS short-term rentals- which is extremely rare in Ca. This home is designed for comfort, entertainment, and high-income potential. The side grass area can easily be converted to a small pickleball court as others in the neighborhood have done to attract guests. It has an open-concept living and dining area, perfect for hosting guests and accommodating them for whatever occasion they are in town for. The spacious primary suite is a true retreat, featuring private patio access, a luxurious ensuite bathroom with a soaking tub, a standup shower, a vanity, and a large walk-in closet. The second master suite offers another private getaway with a large full bath and walk-in closet. Four bedrooms in total. Others with this same model have easily converted the side room by the kitchen into a fifth bedroom to attract larger groups. The backyard is an entertainer's paradise, complete with a private heated pool and spa, fire pit, and covered patio with ceiling fans. A pergola structure with fans has been added to the south side of the home for extra shade for the game area. A dedicated laundry room adds convenience for extended stays.Enjoy indoor and outdoor fun with a variety of games, lounge areas, and resort-style amenities as this home comes turn key & ready to start earning income. Agent has bids & drawings on pickleball ct and 5th bedroom.Call Agent Mike Smith for a private showing.

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©2025 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Jay Group - Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2025-03-28T08:36:34.863. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.searchdesertrealestate.com/homes/161298974
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48845 Renewal Street Indio, CA 92201

  • Price: $1,740,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 24 min ago
  • MLS #: 219126228
4
Beds
4
Baths
0
½ Baths
N/A
Acres
2,932
SQFT
$593
$/SQFT
2005
Built
Neighborhood:
Montage At Santa Rosa
County:
Riverside
Area:
314 - Indio South Of Hwy 111
Property Description
Short-Term-Rental friendly HOA ''The Montage'' is an investor's dream for huge passive income while owning a vacation home within walking distance of the Polo Grounds for Coachella & Stagecoach events. Due to its location to the festivals, golf resorts, Indian Wells tennis gardens, Joshua Tree & countless other attractions, the Montage is one of the highest-producing neighborhoods in the country on Airbnb for the past 6 years straight. It's a great, safe gated neighborhood just perfect for walks. The HOA here ALLOWS short-term rentals- which is extremely rare in Ca. This home is designed for comfort, entertainment, and high-income potential. The side grass area can easily be converted to a small pickleball court as others in the neighborhood have done to attract guests. It has an open-concept living and dining area, perfect for hosting guests and accommodating them for whatever occasion they are in town for. The spacious primary suite is a true retreat, featuring private patio access, a luxurious ensuite bathroom with a soaking tub, a standup shower, a vanity, and a large walk-in closet. The second master suite offers another private getaway with a large full bath and walk-in closet. Four bedrooms in total. Others with this same model have easily converted the side room by the kitchen into a fifth bedroom to attract larger groups. The backyard is an entertainer's paradise, complete with a private heated pool and spa, fire pit, and covered patio with ceiling fans. A pergola structure with fans has been added to the south side of the home for extra shade for the game area. A dedicated laundry room adds convenience for extended stays.Enjoy indoor and outdoor fun with a variety of games, lounge areas, and resort-style amenities as this home comes turn key & ready to start earning income. Agent has bids & drawings on pickleball ct and 5th bedroom.Call Agent Mike Smith for a private showing.
Exterior Features

Garage Yes Garage Description Attached Irrigation Sprinkler SystemSprinkler Timer Levels Ground Parking Garage Door OpenerDriveway Parking Total Covered Spaces 0.00 Pool Yes Pool Construction In Ground Pool Description HeatedIn Ground Spa Hot Tub Construction In Ground Spa Hot Tub Description HeatedPrivateHeated - Gas Total Carport Spaces 0.00 Total Parking Spaces 6.00 View Yes View Type Mountain(s)

Interior Features

Cooling Type Air ConditioningGasCentral AirCeiling Fan(s) Fireplace Yes Fireplace Features DecorativeGas Flooring Ceramic TileTile Furnished Furnished Heating CentralHot WaterFireplace(s) Heating Fuel Natural Gas Rooms Family Room Total Fireplaces 1

Property Features

Association Total Monthly Fees 210.00 Cross Streets SerrenityMadison Gated Community Yes Golf Course Within Development No Land Lease Type Fee Listing Terms Conventional1031 ExchangeVA LoanFHACash Pool Location Private Property Attached Detached No Property Sub Type Single Family Residence Sale Type Standard Security Automatic GateCommunity Senior Community No Sewer In Street Paid Short Term Rentals Yes Spa Hot Tub Yes Sprinklers Yes Tax Mello Roos No Will Consider Lease No

Listing information © 2025 California Desert Association of Realtors.
Listing provided courtesy of Michael Smith of Vacaystay Real Estate: (760) 777-6622.
©2025 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Jay Group - Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2025-03-28T08:36:34.863. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210