A rare opportunity to own a proven, cash flowing desert retreat with an established book of business, just moments from the Empire Polo Club.Unlike many homes currently on the market or operating in the neighborhood, this property is not speculative. It is a proven, cash flowing asset with consistent performance. The home generated over $200,000 in gross revenue last year and is on pace to exceed $250,000 this year. This is an ideal opportunity for an owner to generate income while still enjoying the home throughout the year.Located in the highly sought-after Montage at Santa Rosa and walking distance to the Coachella Valley Music and Arts Festival and Stagecoach Festival, this remodeled 7 bedroom, 4.5 bathroom home is designed for both elevated living and maximum guest appeal.The open concept interior features a spacious great room, statement fireplace, and a chef's kitchen with granite countertops, custom cabinetry, stainless steel appliances, and an oversized breakfast bar, perfect for hosting and group experiences.The backyard delivers a true resort style setting with a heated pool and spa, cascading water features, Baja shelf loungers, and expansive entertaining areas. Built to stand out in the short term rental market, the property includes a new pickleball court, putting green, bocce ball area, custom misting systems, outdoor kitchen with built in BBQ, multiple fire pits, and a fully equipped game room. Additional highlights include a private casita, home gym, EV chargers, and smart pool controls.Configured to accommodate up to 16 guests, the home is ideal for festivals, retreats, and large group stays, driving strong occupancy and repeat bookings.With close proximity to golf, dining, Acrisure Arena, Indian Wells Tennis Garden, and El Paseo, this is a turnkey, high performing asset in one of the desert's most in demand short term rental corridors. The Airbnb link, financials and booking history are available upon request.
For sale
Listed by: Desert Sotheby's Int'l Realty
$2,495,000
48678 Cascade St, Indio, CA 92201
6beds
3,610sqft
Single Family Residence
Built in 2004
0.33 Acres Lot
$2,346,200 Zestimate®
$691/sqft
$210/mo HOA
What's special
Heated pool and spaNew pickleball courtStatement fireplacePutting greenCascading water featuresPrivate casitaBocce ball area
- 89 days |
- 203 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Tyson Hawley DRE #01995154 310-612-4584,
Desert Sotheby's Int'l Realty
Source: CRMLS,MLS#: 219145666DA
Originating MLS: California Desert AOR & Palm Springs AOR
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Entry/Foyer, Guest Quarters, Living Room, Primary Bedroom, Dining Room
Primary bedroom
- Features: Primary Suite
Bathroom
- Features: Bathtub, Separate Shower, Tile Counters, Tub Shower, Vanity
Kitchen
- Features: Granite Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Cooktop, Microwave, Refrigerator
Features
- Breakfast Bar, Separate/Formal Dining Room, Open Floorplan, Recessed Lighting, Primary Suite
- Flooring: Tile
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
Interior area
- Total interior livable area: 3,610 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground
- Spa features: In Ground, Private
- Fencing: Brick
- Has view: Yes
- View description: Mountain(s), Pool
Lot
- Size: 0.33 Acres
- Features: Back Yard, Front Yard, Sprinkler System
Details
- Parcel number: 602410024
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2004
Community & HOA
Community
- Features: Gated
- Security: Gated Community
- Subdivision: Montage At Santa Rosa
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds
- HOA fee: $210 monthly
Location
- Region: Indio
Financial & listing details
- Price per square foot: $691/sqft
- Tax assessed value: $1,703,400
- Annual tax amount: $23,052
- Date on market: 4/1/2026
- Listing terms: Cash,Cash to New Loan,Conventional
Estimated market value
$2,346,200
$2.23M - $2.46M
$6,885/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $2,495,000+49.4%$691/sqft |
Source: | ||
| 7/18/2023 | Sold | $1,670,000+119.2%$463/sqft |
Source: | ||
| 8/20/2018 | Sold | $762,000+19%$211/sqft |
Source: Public Record Report a problem | ||
| 4/1/2005 | Sold | $640,500$177/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,052 +1.3% | $1,703,400 +2% |
| 2024 | $22,746 +87% | $1,670,000 +103.3% |
| 2023 | $12,167 -0.9% | $821,518 +2% |
| 2022 | $12,274 +7.1% | $805,411 +2% |
| 2021 | $11,460 +3.6% | $789,620 +1% |
| 2020 | $11,066 +2.1% | $781,524 +2% |
| 2019 | $10,841 +5.4% | $766,200 +4.5% |
| 2018 | $10,288 +5.1% | $733,000 +5.5% |
| 2017 | $9,793 | $695,000 +0.1% |
| 2016 | $9,793 +4.2% | $694,000 |
| 2015 | $9,400 +7.8% | $694,000 +8.8% |
| 2014 | $8,721 | $638,000 +20.6% |
| 2013 | -- | $529,000 +23.9% |
| 2012 | -- | $427,000 -10.9% |
| 2011 | -- | $479,000 +2.4% |
| 2010 | -- | $468,000 -8.1% |
| 2009 | -- | $509,000 -25.1% |
| 2008 | -- | $679,700 +2% |
| 2007 | -- | $666,374 +2% |
| 2006 | -- | $653,309 +141.1% |
| 2005 | -- | $271,000 |
Find assessor info on the county website
Monthly payment
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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
Nearby schools
GreatSchools rating
- 4/10Mountain Vista Elementary SchoolGrades: K-6Distance: 0.6 mi
- 3/10Cahuilla Desert Academy Junior HighGrades: 7-8Distance: 2.4 mi
- 3/10Coachella Valley High SchoolGrades: 9-12Distance: 4.7 mi
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- California
- Riverside County
- Indio
- 92201
- 48678 Cascade St






