48820 Renewal Street, Indio, CA 92201
48820 Renewal Street
$1,799,000
6 beds
4 full baths
1 half bath
3,225 Sq.Ft.
2004 BUILT
0.3 Acres LOT

We’re pleased to present a rare off-market investment opportunity in one of Indio’s most desirable gated communities, ideally positioned near the Coachella and Stagecoach festival grounds.

This 6-bedroom, 5-bath residence spans 3,225 sq ft on an expansive 13,068 sq ft lot and includes a detached casita, a highly desirable feature for short-term rentals that adds flexibility for larger groups and premium bookings. Designed for high-performing STR use, the property features a private pool and spa and generous outdoor space with room to add a pickleball court, a proven amenity that can significantly increase nightly rates and overall revenue.

The home is well-suited for cost segregation and optimized depreciation strategies, making it especially attractive for investors seeking both cash flow and tax advantages. With strong demand driven by festival traffic, seasonal tourism, and luxury group travel, projected annual revenue exceeds $250,000.

Off-market offering price: $1,799,000

Opportunities with this combination of location, scale, and upside are increasingly rare. 

Area & Lot

Status
Coming Soon
Open House

1/11/2025 11:00AM - 2:00PM PST

1/12/2025 2:00AM - 4:00PM PST

Living Space
3,225 Sq.Ft.
Lot Size
0.3 Acres
MLS® ID
219134936DA
Type
Residential
Year Built
2004
View Description
Mountain(s)

Interior

Bedrooms
6
Total Bathrooms
5
Full Bathrooms
4
Half Bathroom
1
Flooring
Stone, Tile
Fireplace
Gas, Living Room
Other Interior Features
Furnished

Exterior

Stories
1
Garage Space
3.0
Pool
Electric Heat, In Ground, Pebble, Private, Tile
Lot Features
Sprinkler System
Parking
Driveway, Garage, Garage Door Opener
Heat Type
Central
Air Conditioning
Central Air, Gas
HOA Amenities
Other
Security Features
Gated Community

Financial

Sales Price
$1,799,000
HOA Fees
$210/mo

Property Images

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