Indio, CA 92201,48573 Cascade ST
Indio, CA 92201,48573 Cascade ST
Indio, CA 92201,48573 Cascade ST
$1,600,000
Est. payment /mo
$1,700,000
5.9%
Est.Price: ?

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6 Beds
3 Baths
3,050 SqFt
SOLD DATE : 07/24/2024

Key Details

Sold Price $1,600,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,050 sqft

Price per Sqft $524

Subdivision Montage At Santa Rosa

MLS Listing ID 219107308DA

Sold Date 07/24/24

Bedrooms 6

Full Baths 3

Condo Fees $150

HOA Fees $150/mo

HOA Y/N Yes

Year Built 2004

Lot Size 0.350 Acres

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!

Location

State CA

County Riverside

Area 314 - Indio South Of East Valley

Interior

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type Decorative, Electric, Gas Starter, Living Room, Raised Hearth, See Through

Fireplace Yes

Exterior

Parking Features Driveway, Garage, Garage Door Opener

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Brick

Pool In Ground, Private

Community Features Gated

Amenities Available Management, Pet Restrictions

View Y/N No

Attached Garage Yes

Total Parking Spaces 6

Private Pool Yes

Building

Lot Description Planned Unit Development, Sprinkler System

Story 1

New Construction No

Others

Senior Community No

Tax ID 602410033

Security Features Gated Community

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Smith • Vacaystay Real Estate
Bought with Lisa Hemmat • West Shores Realty, Inc.

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agent

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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