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48678 Cascade Street, Indio, CA 92201

$2.50M6bd · 5ba · 3,610 sqft
Lot 14,375 sqftHOA $210/moSingle Family Residence
Active
69d on marketMLS# 219145666

Property Description

A rare opportunity to own a proven, cash flowing desert retreat with an established book of business, just moments from the Empire Polo Club. Unlike many homes currently on the market or operating in the neighborhood, this property is not speculative. It is a proven, cash flowing asset with consistent performance. The home generated over $200,000 in gross revenue last year and is on pace to exceed $250,000 this year. This is an ideal opportunity for an owner to generate income while still enjoying the home throughout the year. Located in the highly sought-after Montage at Santa Rosa and walking distance to the Coachella Valley Music and Arts Festival and Stagecoach Festival, this remodeled 7 bedroom, 4.5 bathroom home is designed for both elevated living and maximum guest appeal. The open concept interior features a spacious great room, statement fireplace, and a chef's kitchen with granite countertops, custom cabinetry, stainless steel appliances, and an oversized breakfast bar, perfect for hosting and group experiences. The backyard delivers a true resort style setting with a heated pool and spa, cascading water features, Baja shelf loungers, and expansive entertaining areas. Built to stand out in the short term rental market, the property includes a new pickleball court, putting green, bocce ball area, custom misting systems, outdoor kitchen with built in BBQ, multiple fire pits, and a fully equipped game room. Additional highlights include a private casita, home gym, EV chargers, and smart pool controls. Configured to accommodate up to 16 guests, the home is ideal for festivals, retreats, and large group stays, driving strong occupancy and repeat bookings. With close proximity to golf, dining, Acrisure Arena, Indian Wells Tennis Garden, and El Paseo, this is a turnkey, high performing asset in one of the desert's most in demand short term rental corridors. The Airbnb link, financials and booking history are available upon request.

Features & Amenities

Property Details

Subdivision
Montage at Santa Rosa
Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool
Flooring
Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byDesert Sotheby's Int'l Realty, Tyson J Hawley·310-612-4584

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,616.08
Principal & Interest
Loan Amount
$1,996,000
Total Interest
$2,545,788
Total Payment Over 30 Years
$4,541,788
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Montage at Santa Rosa

This property is located in Montage at Santa Rosa, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.

View Montage at Santa Rosa Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

48678 Cascade Street, Indio, CA 92201

Montage at Santa Rosa · Indio · Single Family Residence

$2.50M
Luxury Tier
Beds
6
Baths
5
Sqft
3,610
Lot
14,375 sqft
Year
2004
$/Sqft
$691
Pool: Yes
Spa: Yes
View: mountain
Garage: 3-car

Listed 261.6% above the median closed sale of $690,000. Price per sqft ($691) is a 178% premium to closed comps ($249). Closed comps sold at 95% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.50M· $691/sqft
Total list price
Closed comps
vs closed median $690K
+$1.80M (+261.6%)
Active comps
vs active median $1.93M
+$565K (+29.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $552
+$139 (+25.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
48611 Sojourn StreetIndio2004653,61013,068$535$1.93M5693
80927 Serenity DriveIndio2004653,56013,939$548$1.95M3182
48685 Sojourn StreetIndio2004653,61013,068$499$1.80M30980
48647 Renewal StreetIndio2005553,30813,504$605$2.00M15179
81084 Falling Leaf CourtIndio2005553,22913,504$573$1.85M11778
Total: 5 · Average5.65.03,463.413,416.6$552$1.91M132.8
Median3,560$1.93M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
81109 Falling Leaf CourtIndio200505/14/2026553,71413,068$1.35M$1.23M$3300.9111580
40904 Paganini DriveIndio200605/18/2026543,2578,276$749,000$735,000$2260.98460
81367 Avenida MadridIndio200605/18/2026342,9668,712$695,900$680,000$2290.988657
81071 Avenida SombraIndio200605/14/2026342,8689,148$675,000$593,000$2070.8815657
41905 Trent PlaceIndio200405/12/2026432,7519,583$694,900$690,000$2510.996656
Total: 5 · Average4.04.03,111.29,757.4$784,600$784,600$248.685.4
Median2,966$690,000$690,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.