$1,675,000

48713 Spring Rain Ct Indio, CA 92201

Estimated payment $10,431/month

Total Views 1,200
4 Beds
3 Baths
2,667 Sq Ft
$628 Price per Sq Ft

Highlights

  • Pebble Pool Finish
  • Mountain View
  • Bar
  • Gated Community
  • 3 Car Attached Garage
  • Card or Code Access

About This Home

Turnkey Investor's Dream in the Prestigious Montage at Santa Rosa Community.A high-performing short-term rental on an oversized ~0.30-acre lot at the end of a quiet cul-de-sac inside Montage at Santa Rosa - one of Indio's most sought-after, permit-friendly gated neighborhoods. This property is already operating as a fully furnished, income-producing rental and has approximately $40,000 in booked revenue for April 2026 alone.The home features two true primary suites (dual primary bedrooms with ensuite baths), an expansive resort-style pool and spa, multiple outdoor game areas, and comes fully furnished, allowing guests to check in on day one.The large lot provides exceptional upside. The seller includes blueprints for a 3-car-garage + casita addition, which can expand the home to a 5-bed layout - mirroring other high-earning rentals in the community. There's also space for an outdoor kitchen or ADU to further boost nightly rates and long-term value.Located in a luxury enclave where a neighboring property recently sold for $3.2 million, Montage homes command premium rates thanks to their rare walkable proximity to Coachella and Stagecoach festival grounds.A rare opportunity to acquire land, income, and expansion potential in one of the desert's top-performing STR communities.Contact Mike Smith for a private showing and full financials.

Listing Agent

Michael Smith

Vacaystay Real Estate Brokerage Phone: 805-750-3800 License #02119749 Listed on: 10/25/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 2,667 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Ceramic Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Automatic Gate

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Pool Tile

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 602420031

Community Details

Overview

  • Montage At Santa Rosa Subdivision

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 628.05
  • View Type: Mountain(s)
  • Year Built: 2004
  • Listing I D: 219137642
  • Listing Member Address: 78115 Calle Estado Ste 203, La Quinta, CA 92253
  • Listing Office Address: 78115 Calle Estado Ste 203, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-6615
  • Land Type: Fee
  • Subdivision: Montage at Santa Rosa
  • Attribution Contact: 805-750-3800
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas & Wood
  • Flooring: Ceramic Tile, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2667.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground, Tile
  • Pool Description: Heated, Tile, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Security: Automatic Gate, Gated Community, Card/Code Access
  • Sewer: In Street on Bond

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 210.00
  • Total Monthly Association Fees: 210.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602420031
  • Irrigation: Drip System, Sprinkler System
  • Lot Size: 0.30

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Map

Range of Values:

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Value Increase
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Percent 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 $16,926 $1,249,499 $374,851 $874,648
2023 $16,926 $1,478,999 $443,701 $1,035,298
2022 $19,996 $1,450,000 $435,001 $1,014,999
2021 $9,744 $666,837 $57,590 $609,247
2020 $9,195 $660,000 $57,000 $603,000
2019 $8,302 $591,600 $177,480 $414,120
2018 $8,133 $580,000 $174,000 $406,000
2017 $7,921 $559,980 $151,980 $408,000
2016 $7,632 $549,000 $149,000 $400,000
2015 $7,512 $558,877 $157,374 $401,503
2014 $6,372 $461,000 $130,000 $331,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2025 10/25/25 For Sale $1,675,000 +36.7% $628 / Sq Ft
10/17/2023 10/17/23 Sold $1,225,000 -5.8% $459 / Sq Ft View Prior Sale
10/04/2023 10/04/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $1,300,000 -11.9% $487 / Sq Ft
08/11/2023 08/11/23 Price Changed $1,475,000 -1.7% $553 / Sq Ft
08/02/2023 08/02/23 Price Changed $1,500,000 -6.3% $562 / Sq Ft
07/11/2023 07/11/23 For Sale $1,600,000 +10.3% $600 / Sq Ft
08/19/2021 08/19/21 Sold $1,450,000 0.0% $544 / Sq Ft View Prior Sale
04/30/2021 04/30/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,450,000 +119.7% $544 / Sq Ft
09/20/2019 09/20/19 Sold $660,000 -5.7% $247 / Sq Ft View Prior Sale
08/20/2019 08/20/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $699,900 +20.7% $262 / Sq Ft
08/07/2017 08/07/17 Sold $580,000 0.0% $217 / Sq Ft View Prior Sale
07/22/2017 07/22/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $580,000 +5.6% $217 / Sq Ft
09/29/2015 09/29/15 Sold $549,000 0.0% $206 / Sq Ft View Prior Sale
08/29/2015 08/29/15 Pending -- -- --
06/16/2015 06/16/15 Off Market $549,000 -- --
05/08/2015 05/08/15 For Sale $549,000 0.0% $206 / Sq Ft
04/10/2015 04/10/15 For Sale $549,000 -- $206 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,225,000 None Listed On Document
Grant Deed $1,450,000 Fidelity National Title Co
Grant Deed $289,227 None Available
Grant Deed $660,000 Orange Coast Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $580,000 Equity Title Company
Grant Deed $549,000 Equity Title
Interfamily Deed Transfer -- None Available
Grant Deed $480,000 First American Title Ins Co
Trustee Deed $605,946 None Available
Trustee Deed $605,946 Accommodation
Grant Deed -- None Available
Grant Deed -- Financial Title Company La
Grant Deed -- None Available
Grant Deed $720,000 Stewart Title Company
Grant Deed $495,500 Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,087,500 Commercial
Previous Owner $484,350 New Conventional
Previous Owner $411,750 New Conventional
Previous Owner $576,000 Stand Alone First
Previous Owner $396,275 Fannie Mae Freddie Mac
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219137642

California Desert Association of REALTORS®

APN: 602-420-031