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Indio 92201
48622 Meandering Cloud Street
$1,930,000
● House - Off Market
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,308 Ft²
$10,271
Est. Monthly
$210
HOA / Fees
3.09%
Cap Rate

About This Property

Accepting Back up offers!Step into your next high-yield investment or luxury desert retreat, located in one of the Coachella Valley's top-performing short-term rental communities -- Montage Santa Rosa. Fully renovated and thoughtfully designed, this five-bedroom + bonus room, four-bathroom home is built to impress and earn.Every inch has been reimagined -- from the brand-new flooring and smooth ceilings to the custom bathrooms and show-stopping modern kitchen. No detail has been overlooked. The flexible floor plan easily accommodates larger groups, making it a dream for both owners and guests.Outside, your private resort awaits -- complete with a sparkling pool and spa, putting green, and pickleball court! Entertain, unwind, or further elevate the space with your personal style. A 3-car garage and oversized driveway ensure there's plenty of parking for group stays.Montage homes have sold for up to $2.3M -- and with short-term rental approval already in place, this property offers incredible income potential just minutes from Coachella, Stagecoach, the Empire Polo Grounds, and top-tier golf, tennis, and equestrian venues.Whether you're an investor seeking serious ROI or a homeowner craving the ultimate desert getaway with income perks, this is the one you've been waiting for.
Unit Size
3,308 Ft²
Days on Market
48 days
Land Size
0.30 acres
Price per sqft
$619
Property Type
House
Property Taxes
-
HOA Dues
$210
Year Built
2005

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Last updated: 2 years ago (CRMLS #219130190DA)

Price History

Date / Event Date Event Price
Jul 3, 2025 Sold
Sold
Jun 6, 2025 In contract -
In contract
Jun 3, 2025 Price Decreased $2,049,000
↓ $46K (2.2%)
Price Decreased
May 16, 2025 Listed by BPO Homes $2,095,000
Listed by BPO Homes
Apr 15, 2025 Listed $2,200,000
Listed
TURNKEY LUXURY INVESTMENT OPPORTUNITY IN MONTAGE SANTA ROSA!Prime Location | Short-Term Rental Friendly | Steps from Coachella & Polo GroundsWelcome to your next cash-flowing asset in the heart of the desert's most desirable short-term rental community -- Montage Santa Rosa. This completely reimagined masterpiece is not just a home, it's an experience designed for both guests and savvy investors alike.Five bedrooms plus a flex room that can be used as a sixth sleeping area, four full bathrooms!Property Highlights: Fully Renovated: New floors, ceilings, walls, lighting, bathrooms, custom bathroom counters, countertops, and a show-stopping modern kitchen Rare Regulated Pickleball Court - Built for fun, designed to stand out in your rental listing Massive backyard with plenty of room to add your own designer touches or luxury amenities 3-Car Garage + Ample Parking - Ideal for group rentals Be the first to capitalize on this fresh, sophisticated home Comparable homes in Montage have sold for up to $2.3M Short-term rental approved with high upside potentialLocated just minutes from the Coachella & Stagecoach Festivals, Empire Polo Grounds, Desert International Horse Park, world-class golf, and tennis tournaments, this property puts your guests at the center of everything.This is your chance to own a high-performing short-term rental in one of the hottest markets in Southern California. Whether you're looking to build passive income or expand your portfolio with a standout property in a high-demand location, this one checks all the boxes.Call today to get performance stats and projections--this home won't last!Make money in Montage Santa Rosa!
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 4,548
  • Gross Building Area: 4,548
  • Building Area: 3,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT MAP NO 30956
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .30 ACRES NET IN LOT 106 MB 348/053 TR 30956

Neighborhood

  • School District Name: Coachella Valley Unified School District
  • Census Tract: 045224

Zoning

  • Zoning: W2

Geography

  • Subdivision Tract Number: 30956
  • Parcel: 616-460-015
  • Lot: 106
  • Municipality: INDIO
  • Latitude: 33.6954
  • Longitude: -116.249

    Address

  • Full Address: 48622 Meandering Cloud St
  • Address - House Number: 48622
  • Address - Street Name: Meandering Cloud
  • Address - Suffix Type: St
  • State: CA
  • City Name: Indio
  • Carrier Code: C023
  • 4-Digit Zip Code: 8483
  • Zip Code: 92201

Valuation

    Tax

  • Total Area: 3,308
  • Tax Year: 2023
  • Tax Amount: $805,740
  • Tax Rate Code Area: 007-012

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 1,077,876
  • High Value: 1,260,019
  • Low Value: 895,734

    Market Valuation

  • Market Total Value: $790,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,187
  • Assessed Land Value: $155,154
  • Assessed Improvements Value: $362,033

    Sales

  • Current Sale Contract Date: Oct 30, 2010
  • Current Sale Recording Date: Nov 04, 2010
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2010-0529275
  • Previous Sale Recording Date: Jun 09, 2010
  • Previous Sale Contract Date: May 24, 2010
  • Previous Sale Amount: $334,631
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indio


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Nearby Rentals

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Unit for rent at 51270 N Two Palms Way, INDIO, CA, 92201

$6,000 /mo

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51270 N Two Palms Way, INDIO, CA, 92201 Listing by Josh Essig
Unit for rent at 81107 Portola Circle, INDIO, CA, 92201

$6,000 /mo

  • 3 Beds
  • 1 Bath
  • 2,085 ft²
81107 Portola Circle, INDIO, CA, 92201 Listing by Brian Stewart


Frequently Asked Questions

When was property at 48622 Meandering Cloud Street built and last sold?
The property at 48622 Meandering Cloud Street was built in 2005 and last sold on Oct 30, 2010 for $420,000.
How much is this home worth?
The estimated value of the home located at 48622 Meandering Cloud Street is $0.
What are some comparable homes to 48622 Meandering Cloud Street?
There are currently no comparable homes to 48622 Meandering Cloud Street.