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For sale
    • Listed by: Vacaystay Real Estate • Michael Smith • 805-750-3800
    $1,640,000

    48713 Spring Rain Ct, Indio, CA 92201

    4beds
    2,667sqft
    : 
    $11,349/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    0.3 Acres Lot
    $1,568,800 Zestimate®
    $615/sqft
    $230/mo HOA

    What's special

    Oversized side yardTwo spacious primary suitesExpansive lotResort-style pool and spa
    A standout investment property in Montage at Santa Rosa - one of the Coachella Valley's premier STR-friendly communities. This proven, income-producing short-term rental is privately positioned at the end of a cul-de-sac on an expansive lot, with an oversized side yard offering exceptional potential for a detached casita and more. Built for luxury living and entertaining, the residence features TWO spacious primary suites, a resort-style pool and spa, and an impressive collection of outdoor games and amenities. Just a short walk from the world-renowned Coachella and Stagecoach festival grounds, the location commands exceptional demand during the Valley's biggest events.The ideal property for expanding an existing STR portfolio, acquiring a primary or secondary residence, a 1031 exchange, or securing a consistent high-income producing vacation rental in a luxury community. With proven rental income, expansion potential, resort-style living, and unbeatable festival proximity, this fully furnished and turnkey property is a Montage at Santa Rosa opportunity you don't want to miss.
    17 days
    298
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Smith DRE #02119749 805-750-3800,

    Vacaystay Real Estate

    Source: CRMLS,MLS#: 219153248DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Entry/Foyer
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Furnished
      • Flooring: Tile
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,667 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: Garage, Garage Door Opener
      • Attached garage spaces: 3
      • Uncovered spaces: 6
      Features
      • Levels: One
      • Stories: 1
      • Has private pool: Yes
      • Pool features: Electric Heat, In Ground, Tile
      • Spa features: Heated, In Ground
      • Fencing: Block
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.3 Acres
      • Features: Drip Irrigation/Bubblers, Sprinklers Timer, Sprinkler System
      Details
      • Parcel number: 602420031
      • 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: Security Gate, Gated Community, Key Card Entry
      • Subdivision: Montage At Santa Rosa
      HOA
      • Has HOA: Yes
      • Amenities included: Management, Other
      • HOA fee: $230 monthly
      Location
      • Region: Indio

      Financial & listing details

      • Price per square foot: $615/sqft
      • Tax assessed value: $1,274,488
      • Date on market: 9/25/2026
      • Listing terms: Cash,Conventional,Contract,1031 Exchange

        Estimated market value

        $1,568,800

        $1.49M - $1.65M

        $5,669/mo

        Price history

        DateEventPrice
        9/25/2026Listed for sale$1,640,000-2.1%$615/sqft
        Source: Greater Palm Springs Realtors #219153248 Report a problem
        9/15/2026Price change$13,500+35%$5/sqft
        Source: Zillow Rentals Report a problem
        4/21/2026Price change$10,000-37.5%$4/sqft
        Source: Zillow Rentals Report a problem
        4/2/2026Price change$16,000+18.5%$6/sqft
        Source: Zillow Rentals Report a problem
        3/25/2026Listing removed$1,675,000$628/sqft
        Source: Greater Palm Springs Realtors #219137642 Report a problem
        2/13/2026Listed for rent$13,500$5/sqft
        Source: Zillow Rentals Report a problem
        1/2/2026Listing removed$13,500$5/sqft
        Source: Zillow Rentals Report a problem
        12/25/2025Price change$13,500+8%$5/sqft
        Source: Zillow Rentals Report a problem
        11/20/2025Price change$12,500+19.6%$5/sqft
        Source: Zillow Rentals Report a problem
        10/26/2025Listed for sale$1,675,000+36.7%$628/sqft
        Source: Greater Palm Springs Realtors #219137642 Report a problem
        10/2/2025Price change$10,450-8.7%$4/sqft
        Source: Zillow Rentals Report a problem
        9/11/2025Listed for rent$11,450$4/sqft
        Source: Zillow Rentals Report a problem
        9/2/2025Listing removed$11,450$4/sqft
        Source: Zillow Rentals Report a problem
        7/9/2025Price change$11,450+9.6%$4/sqft
        Source: Zillow Rentals Report a problem
        6/4/2025Price change$10,450-16.1%$4/sqft
        Source: Zillow Rentals Report a problem
        5/5/2025Price change$12,450+8.7%$5/sqft
        Source: Zillow Rentals Report a problem
        4/21/2025Price change$11,450-14.9%$4/sqft
        Source: Zillow Rentals Report a problem
        3/4/2025Price change$13,450+28.7%$5/sqft
        Source: Zillow Rentals Report a problem
        2/18/2025Price change$10,450-22.6%$4/sqft
        Source: Zillow Rentals Report a problem
        2/11/2025Price change$13,500+8.4%$5/sqft
        Source: Zillow Rentals Report a problem
        1/27/2025Price change$12,450-13.8%$5/sqft
        Source: Zillow Rentals Report a problem
        1/24/2025Price change$14,450-6.5%$5/sqft
        Source: Zillow Rentals Report a problem
        1/13/2025Listed for rent$15,450+10.4%$6/sqft
        Source: Zillow Rentals Report a problem
        12/20/2024Listing removed$14,000$5/sqft
        Source: Zillow Rentals Report a problem
        12/20/2024Listed for rent$14,000$5/sqft
        Source: Zillow Rentals Report a problem
        10/17/2023Sold$1,225,000-15.5%$459/sqft
        Source: CRMLS #219097367DA Report a problem
        8/19/2021Sold$1,450,000+119.7%$544/sqft
        Source: Greater Palm Springs Realtors #219061286 Report a problem
        9/20/2019Sold$660,000+13.8%$247/sqft
        Source: Greater Palm Springs Realtors #219021143 Report a problem
        8/7/2017Sold$580,000+5.6%$217/sqft
        Source: Public Record Report a problem
        9/29/2015Sold$549,000$206/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,274,488 +2%
        2025$17,223 +1.8%$1,249,499 +2%
        2024$16,926 -16.8%$1,225,000 -17.2%
        2023$20,348 +1.8%$1,478,999 +2%
        2022$19,996 +105.2%$1,450,000 +117.4%
        2021$9,744 +6%$666,837 +1%
        2020$9,195 $660,000 +11.6%
        2019-- $591,600 +2%
        2018$8,133 +2.7%$580,000 +3.6%
        2017$7,921 $559,980 +2%
        2016$7,921 +5.4%$549,000 -1.8%
        2015$7,512 +17.9%$558,877 +21.2%
        2014$6,372 $461,000 +23.6%
        2013-- $373,000 +2.8%
        2012-- $363,000 -12.3%
        2011-- $414,000 +36.2%
        2010-- $304,000 -19.4%
        2009-- $377,000 -27.1%
        2008-- $517,000 -29.6%
        2007-- $734,400 +2%
        2006-- $720,000
        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.
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        Climate risks

        Neighborhood: 92201

        Getting around

        18 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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