NOT LISTED FOR SALE

52450 Monroe St Indio, CA 92201

Estimated Value: $2,080,000 - $8,647,000

8 Beds
7.5 Baths
8,057 Sq Ft
$816/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $7,500,000 $931 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $43,418/month

156 Days on Market

Highlights

  • Lake Front
  • Accessory Dwelling Unit (ADU)
  • Equestrian Center
  • Private Dock Site
  • On Golf Course
  • Barn

About This Home

As of August 2022

10,320 SF of livable space on 9.44 Acres operating as a Luxury Vacation Rental since May 2021. This is a one of a kind equestrian property with a 5 hole pitch and putt and is within walking distance to the New Golden Voice Festival Grounds, home of Coachella Fest and world renowned Eldorado Polo Club. Upon entering the custom iron gates of this beautifully maintained peaceful paradise, you can feel the stress of the day vanish This Narendra Patel designed estate offers a main home with 4 bedrooms, guest powder room and expansive chef's kitchen. The dining and living areas have four pocket windows that transform the areas into a breathtaking experience bringing together the serenity of the outside, in. The main home is surrounded by a pristine lake which offers a three tiered waterfall. Over the top 12-horse stables with interlocking paver floors and 2 pasture areas and an adorable chicken coop. A guest home with 2 ensuite bedrooms with central fireplace and kitchenette is a private area situated across the lake from the main home offering you and your guests privacy. An additional ''carriage house'' with a quaint 2 bedroom 1 bathroom apartment located upstairs of double garages. This manicured estate has caretaker quarters located on the south east corner of the estate. As you stroll around the grounds of this estate you will find an amazing organic orchard. Private well and canal water for irrigation. Luxury Vacation Rentals are operated by Avantstay

Last Agent to Sell the Property

Kim Kelly

HK Lane Real Estate License #01329387 Listed on: 01/04/2022

Last Buyer's Agent

Kate Rust

Wilson-Meade Commercial Real Estate License #01267678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,081

Year Built

  • Built in 2004

Lot Details

  • 9.44 Acre Lot
  • Lake Front
  • Property fronts a private road
  • On Golf Course
  • Home has North and South Exposure
  • Wrought Iron Fence
  • Landscaped
  • Private Lot
  • Level Lot
  • Misting System

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Orchard Views
  • Mountain
  • Desert

Home Design

  • Custom Home
  • Contemporary Architecture
  • Mediterranean Architecture
  • Ranch Property
  • Flat Roof Shape
  • Slab Foundation
  • "S" Clay Tile Roof
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 8,057 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wired For Sound
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Sided Fireplace
  • Fireplace With Gas Starter
  • Stone Fireplace
  • Drapes & Rods
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Storage
  • Utility Room

Kitchen

  • Kitchenette
  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Retreat
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Sunken Shower or Bathtub
  • Double Vanity
  • Steam Shower
  • Marble Shower
  • Granite Shower

Laundry

  • Laundry Room
  • Dryer
  • 220 Volts In Laundry

Parking

  • 6 Car Attached Garage
  • 2 Attached Carport Spaces
  • Garage Door Opener
  • Circular Driveway
  • Automatic Gate

Pool

  • Cabana
  • Pebble Pool Finish
  • Lap Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature
  • Pool Sweep

Outdoor Features

  • Private Dock Site
  • Horse Property
  • Deck
  • Covered Patio or Porch
  • Casita
  • Built-In Barbecue

Horse Facilities and Amenities

  • Equestrian Center
  • Corral
  • Riding Ring

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • 220 Volts
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Private Water Source
  • Well
  • Propane Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Ground Level
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 780010004

Community Details

Overview

  • Vista Santa Rosa Subdivision
  • RV Parking in Community

Recreation

  • Boat Dock
  • Golf Course Community
  • Putting Green

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,081

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground
  • Building Number Of Stories: 2
  • Building Style: Contemporary, Mediterranean
  • Casita Features: Kitchenette
  • Casita Features Other: Fireplace/Gas
  • Entry Location: Foyer
  • Included In Sale: This property is being sold partially furnished, inventory schedule provided upon request. Not all the furniture in the home is property of the owners.
  • List Price per Sq Ft: 1054.98
  • Lp Sp Ratio: 0.8800
  • View Type: Desert, Water, Panoramic, Orchard, Mountain(s), Lake, Golf Course
  • Water District Name: CVWD
  • Year Built: 2004
  • Listing I D: 219071991
  • Listing Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Listing Office Fax: (760) 541-4899
  • Selling Member Address: 72100 Magnesia Falls Dr. Ste 2, Rancho Mirage, CA 92270
  • Selling Member Fax: (760) 779-0673
  • Selling Office Address: 72100 Magnesia Falls Dr. Ste 2, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 837-0036
  • Land Type: Fee
  • Subdivision: Vista Santa Rosa
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Propane Cooktop, Microwave Oven, Convection Oven, Self Cleaning Oven, Gas Oven, Electric Oven, Gas Range, Exhaust Fan, Trash Compactor, Refrigerator, Ice Maker, Disposal, Electric Dryer Hookup, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Living Room, Dual Fireplace(s)
  • Interior Amenities: Bar, Vaulted Ceiling(s), Storage, Surround Sound Wired
  • Range Hood: Yes
  • Fireplace Features: Gas Starter, Stone
  • Flooring: Marble, Wood
  • Bedroom Features: All Bedrooms Down, Master Suite, Master Retreat, Main Floor Master Bedroom
  • Total Bedrooms: 8
  • Bathroom Features: Double Vanity(s), Granite Shower, Steam Shower, Sunken Tub, Marble Shower
  • Half Bathrooms: 1
  • Total Bathrooms: 8.00
  • Full Bathrooms: 7
  • Eating Areas: Breakfast Room, Kitchen Island, Formal Dining Room
  • Kitchen Features: Granite Counters, Pantry, Kitchenette, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 8057.00
  • Windows Treatments: Drapes

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Putting Green, Riding/Stables, Dock Private, Custom Built
  • Other Structures: Accessory Bldgs, Guest House/Casita, Cabana, Corral(s), Barn(s)
  • Roofing: Clay Tile, Flat, Foam
  • Built-in BBQ: Gas
  • Fencing: Wrought Iron, Fenced
  • Foundation: Slab
  • Patio: Brick - Tile, Misters, Deck, Covered
  • Pool: Yes
  • Pool Accessories: Waterfall, Pool Sweep
  • Pool Construction: In Ground
  • Pool Description: Lap
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Attached Carport, Circular Driveway, Driveway, Garage Door Opener
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 6.00
  • Total Parking Spaces: 15.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout, Spa, In Laundry, In Kitchen, In Garage
  • Cooling Type: Air Conditioning, Gas, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Electric, Natural Gas
  • Security: Automatic Gate, Resident Manager
  • Sewer: Public Hookup Available
  • Water: In Street, Water District, Well, Private
  • Water Heater Feature: Propane

Association/Amenities

  • Community Features: Community Dock, Trailer Storage Available, RV Access/Parking, Golf Course Within Development, Equestrian Center
  • Golf Course Within Development: Yes

Lot Info

  • Assessor Parcel Number: 780010004
  • Lot Acres: 9.4400
  • Lot Description: Fenced, Private, Ranch, Level, Landscaped, Horse Property
  • Lot Location: Lake Front, Waterfront, Private Road, On Golf Course
  • Lot Size: 411206.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Coachella Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Tentnology Inc
Bought by
Sayah David and Sayah Deborah
Current Estimated Value
$6,575,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Warner Gery and Warner Suzanne
Bought by
Tentnology Inc

Purchase Details

Closed on
Dec 29, 2009
Sold by
Scarpinito Joseph
Bought by
Warner Gery and Warner Suzanne

Purchase Details

Closed on
Jan 31, 1996
Sold by
Lagrange June E
Bought by
Conrad Scot A and Conrad Renee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sayah David $7,500,000 Fidelity National Title
Tentnology Inc -- None Available
Warner Gery $3,600,000 Fnt Ie
Conrad Scot A $560,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sayah David $5,250,000
Previous Owner Scarpinito Joseph $5,000,000
Previous Owner Scarpino Joseph $2,500,000
Previous Owner Scarpinito Joseph $1,031,525
Previous Owner Conrad Scot A $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $7,500,000 -11.8% $931 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
02/24/2022 02/24/22 Price Changed $8,500,000 -10.5% $1,055 / Sq Ft
01/04/2022 01/04/22 For Sale $9,500,000 -- $1,179 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

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 $91,081 $7,282,798 $1,820,702 $5,462,096
2023 $91,081 $4,466,511 $620,344 $3,846,167
2022 $56,504 $4,378,933 $608,181 $3,770,752
2021 $55,469 $4,293,072 $596,256 $3,696,816
2020 $54,624 $4,249,053 $590,143 $3,658,910
2019 $54,151 $4,165,739 $578,572 $3,587,167
2018 $52,680 $4,084,059 $567,228 $3,516,831
2017 $52,729 $4,003,980 $556,106 $3,447,874
2016 $50,516 $3,925,471 $545,202 $3,380,269
2015 $48,466 $3,866,509 $537,013 $3,329,496
2014 $48,252 $3,790,772 $526,495 $3,264,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219071991

California Desert Association of REALTORS®

APN: 780-010-004