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For sale
  • Listed by: BP Homes
    Price cut: $10K (6/9)
    $290,000

    48255 Monroe St APT 5, Indio, CA 92201

    2beds
    998sqft
    : 
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    Condominium
    Built in 1980
    -- sqft lot
    $282,100 Zestimate®
    $291/sqft
    $700/mo HOA

    What's special

    One-car garageBalcony accessEnsuite bathCustom cabinetrySpacious primary suitePeaceful water viewsBamboo flooring
    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.
    111 days
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    195
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Javier Molina DRE #02257624 760-861-1544,

    BP Homes

    Source: CRMLS,MLS#: 219144777DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Refrigerator
      Features
      • Flooring: Wood
      • Has fireplace: No
      Interior area
      • Total interior livable area: 998 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: Lake, Pond, Pool, Reservoir, Trees/Woods
      • Has water view: Yes
      • Water view: Lake,Pond,Reservoir
      Details
      • Parcel number: 616211005
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Other
      • Water: Other

      Community & HOA

      Community
      • Features: Gated
      • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Security Lights
      HOA
      • Has HOA: Yes
      • Amenities included: Lake or Pond, Management, Trash
      • Services included: Sewer
      • HOA fee: $700 monthly
      Location
      • Region: Indio

      Financial & listing details

      • Price per square foot: $291/sqft
      • Tax assessed value: $285,600
      • Annual tax amount: $4,316
      • Date on market: 3/13/2026
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,FHA,VA Loan
      • Exclusions: NOT FURNISHED

        Foreclosure details

        Estimated market value

        $282,100

        $268,000 - $296,000

        $2,376/mo

        Price history

        DateEventPrice
        6/9/2026Price change$290,000-3.3%$291/sqft
        Source: Greater Palm Springs Realtors #219144777 Report a problem
        3/24/2026Price change$300,000-2.4%$301/sqft
        Source: Greater Palm Springs Realtors #219144777 Report a problem
        3/14/2026Listed for sale$307,500-0.8%$308/sqft
        Source: Greater Palm Springs Realtors #219144777 Report a problem
        2/12/2026Listing removed$309,900$311/sqft
        Source: Greater Palm Springs Realtors #219139703 Report a problem
        12/8/2025Listed for sale$309,900+10.7%$311/sqft
        Source: Greater Palm Springs Realtors #219139703 Report a problem
        5/6/2024Sold$280,000$281/sqft
        Source: Public Record Report a problem
        4/9/2024Contingent$280,000$281/sqft
        Source: CLAW #24-360937 Report a problem
        3/16/2024Price change$280,000-5.1%$281/sqft
        Source: CLAW #24-360937 Report a problem
        2/23/2024Listed for sale$295,000+104.9%$296/sqft
        Source: CLAW #24-360937 Report a problem
        3/14/2018Sold$144,000+0.7%$144/sqft
        Source: Greater Palm Springs Realtors #217035394 Report a problem
        12/28/2017Listed for sale$143,000+140.3%$143/sqft
        Source: Cross Realty #217035394 Report a problem
        12/17/2014Listing removed$1,800$2/sqft
        Source: Realty Executives Desert Lifestyles #214087002 Report a problem
        11/22/2014Listed for rent$1,800$2/sqft
        Source: Realty Executives Desert Lifestyles #214087002 Report a problem
        6/24/2010Sold$59,500$60/sqft
        Source: Greater Palm Springs Realtors #21398908 Report a problem
        5/21/2010Listed for sale$59,500-43.3%$60/sqft
        Source: Windermere Real Estate Coachella Valley #21398908 Report a problem
        10/30/2009Sold$105,000-37.5%$105/sqft
        Source: Public Record Report a problem
        8/11/2005Sold$168,000+102.4%$168/sqft
        Source: Public Record Report a problem
        6/7/2002Sold$83,000+40.7%$83/sqft
        Source: Public Record Report a problem
        2/9/2001Sold$59,000$59/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,316 +60.3%$285,600 +77.8%
        2024$2,693 +2.6%$160,630 +2%
        2023$2,625 +4.3%$157,481 +2%
        2022$2,516 +4.3%$154,394 +2%
        2021$2,413 +4.5%$151,368 +1%
        2020$2,309 $149,817 +2%
        2019-- $146,880 +117.6%
        2018$1,147 +0.1%$67,489 +2%
        2017$1,146 $66,167 +2%
        2016$1,146 +10.6%$64,870 +1.5%
        2015$1,036 +0.4%$63,898 +2%
        2014$1,032 $62,648 +0.5%
        2013-- $62,367 +17.7%
        2012-- $53,000 -11.6%
        2011-- $59,947 -0.1%
        2010-- $60,000 -21.1%
        2009-- $76,000 -50.3%
        2008-- $153,000 -10.7%
        2007-- $171,360 +2%
        2006-- $168,000 +91%
        2005-- $87,963 +3.9%
        2003-- $84,660 +38.3%
        2002-- $61,200 +36%
        2001$649 +8.7%$45,000 +12.5%
        2000$597 $40,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92201

        Getting around

        33 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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