$307,500

48255 Monroe St Unit 5 Indio, CA 92201

Total Views 19
2 Beds
2 Baths
998 Sq Ft
$308 Price per Sq Ft

Highlights

  • Lake Front
  • Gated Community
  • Wood Flooring
  • Unit is on the top floor
  • Community Lake
  • 1 Car Detached Garage

About This Home

Wake up to peaceful water views just minutes from the energy of Coachella and Stagecoach. This top-floor condo in the gated Quail Lakes Racquet Club offers the perfect blend of relaxation and convenience, located just two blocks from the Empire Polo Grounds (COACHELLA/STAGECOACH)Great opportunity for a family, first-time/seasoned investor, ideally located near the Empire Polo Grounds where year-round events help support consistent rental demand and the potential to offset ownership costs.This upgraded 2-bedroom, 2-bath home with approximately 1,000 sq ft features bamboo flooring, custom paint, vaulted ceilings, and a remodeled kitchen with custom cabinetry, solid-surface countertops, and stainless steel appliances. The bright living room opens to a private balcony overlooking serene lakes, streams, and waterfalls, creating a tranquil setting rarely found at this price point. The spacious primary suite offers high ceilings, balcony access, mirrored wardrobes, and an ensuite bath. Additional highlights include in-unit laundry, a one-car garage, and a HVAC system.HOA dues cover gas, water, and trash, and residents enjoy resort-style amenities including a pool, spa, clubhouse, tennis and pickleball courts, scenic walking paths, and beautifully landscaped grounds.Conveniently located near shopping, dining, golf courses, and Highway 111, this home is ideal as a full-time residence, weekend retreat, or investment opportunity in the heart of the Coachella Valley.

Listing Agent

Javier Molina

BP Homes License #02257624 Listed on: 03/13/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • Lake
  • Pond
  • Woods
  • Reservoir
  • Pool

Interior Spaces

  • 998 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Security Lights

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Lake Front
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 616211005

Community Details

Overview

  • Association fees include building & grounds, trash, sewer
  • Quail Lakes Racquet Club Subdivision
  • Community Lake

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0.3 Acres

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two, Top
  • List Price per Sq Ft: 308.12
  • View Type: Lake, Trees/Woods, Reservoir, Pond, Pool
  • Year Built: 1980
  • Listing I D: 219144777
  • Listing Member Address: 508 Calle Vibrante, Brian Palmer, Palm Desert, CA 92211
  • Listing Office Address: 508 Calle Vibrante, Brian Palmer, Palm Desert, CA 92211
  • Listing Office Fax: (760) 406-1492
  • Land Type: Fee
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: OpenHouse

Interior Features

  • Appliances: Refrigerator
  • Flooring: Hardwood
  • Total Bedrooms: 2
  • Bathroom Features: 2 Primary Baths
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 998.00

Exterior Features

  • Planned Unit Development: No
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Assigned
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Baseboard
  • Security: Card/Code Access, Security System Owned, Fire Sprinkler System, Exterior Security Lights, Community

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Sewer
  • Association Amenities: Lake or Pond, Management
  • HOA Information: Yes
  • HOA Fee 1: 700.00
  • Total Monthly Association Fees: 700.00

Lot Info

  • Assessor Parcel Number: 616211005

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,693 $285,600 $71,400 $214,200
2023 $2,693 $157,481 $21,871 $135,610
2022 $2,516 $154,394 $21,443 $132,951
2021 $2,413 $151,368 $21,023 $130,345
2020 $2,309 $149,817 $20,808 $129,009
2019 $2,260 $146,880 $20,400 $126,480
2018 $1,147 $67,489 $22,115 $45,374
2017 $1,146 $66,167 $21,682 $44,485
2016 $1,111 $64,870 $21,257 $43,613
2015 $1,036 $63,898 $20,939 $42,959
2014 $1,032 $62,648 $20,530 $42,118
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2026 03/13/26 For Sale $307,500 +9.8% $308 / Sq Ft
05/06/2024 05/06/24 Sold $280,000 0.0% $281 / Sq Ft View Prior Sale
04/06/2024 04/06/24 Pending -- -- --
03/17/2024 03/17/24 Price Changed $280,000 0.0% $281 / Sq Ft
03/16/2024 03/16/24 Price Changed $280,000 -5.1% $281 / Sq Ft
02/23/2024 02/23/24 For Sale $295,000 +104.9% $296 / Sq Ft
03/14/2018 03/14/18 Sold $144,000 +0.7% $144 / Sq Ft View Prior Sale
02/13/2018 02/13/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $143,000 0.0% $143 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $143,000 -- $143 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $280,000 Orange Coast Title
Grant Deed $144,000 Ti Con Title
Grant Deed $59,500 First American Title Ins Co
Trustee Deed $105,000 Landsafe Title
Grant Deed $168,000 Chicago Title
Interfamily Deed Transfer -- --
Grant Deed $83,000 Commerce Title
Grant Deed $59,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,928 FHA
Previous Owner $129,600 Adjustable Rate Mortgage/ARM
Previous Owner $57,000 Purchase Money Mortgage
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219144777

California Desert Association of REALTORS®

APN: 616-211-005

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