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80733 Mountain Mesa Drive

Indio, CA 92201
  • $799,000
  • STATUS: Active Under Contract
  • ON SITE: 165 Days
  • ID#: OC23204370
Under Contract
$799,000
  • 5
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,502
    SQFT
  • $319
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2003
County:

School Ratings & Info

School District:
Listing Agent(s): Keith Powers of Alta Realty Group CA, Inc (888-504-5327)


Description

Indio's Premier Property: Ideal for Primary Residence or Turnkey STR! This 5-bed, 2-bath pool home in Madison Ranch offers a move-in-ready haven or lucrative short-term rental. Near Coachella and Stagecoach, it suits both homeowners and investors. Step into an inviting, open floor plan with wood vinyl flooring and a cozy fireplace in the spacious living area. The kitchen, connected to dining and living areas, boasts Corian countertops, stainless steel appliances, and a walk-in pantry for delightful meals. The master bedroom includes a walk-in closet and a lavish bath and walk-in shower; a personal oasis. Outside, a heated salt-water pool and spa create a perfect retreat. The property features a 2-car garage with plenty of storage for personal items or supplies required to operate a short-term rental. There is even a ping-pong table for guests to enjoy. With tile roofing, central heating & air, a complete solar power system (leased at $131 per month), and a fenced backyard, this property has all the conveniences you need. Fully furnished, this property promises comfort and luxury, whether for your primary residence or as a turnkey short-term rental opportunity. As a short-term rental, it's projected to yield over $123,000 in revenue with a 11.3% self-managed cap rate and 8.5% cap rate, if professionally managed. Don't miss out on owning this fully furnished oasis in a prime location!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/145086538
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80733 Mountain Mesa Drive Indio, CA 92201

  • Price: $799,000
  • Status: Active Under Contract
  • On Site: 165 Days
  • ID#: OC23204370
5
Beds
2
Baths
0
½ Baths
0.18
Acres
2,502
SQFT
$319
$/SQFT
2003
Built
Neighborhood:
Madison Ranch (31445)
County:
Riverside
Area:
314 - Indio South of East Valley
School District:
Desert Sands Unified
Property Description
Indio's Premier Property: Ideal for Primary Residence or Turnkey STR! This 5-bed, 2-bath pool home in Madison Ranch offers a move-in-ready haven or lucrative short-term rental. Near Coachella and Stagecoach, it suits both homeowners and investors. Step into an inviting, open floor plan with wood vinyl flooring and a cozy fireplace in the spacious living area. The kitchen, connected to dining and living areas, boasts Corian countertops, stainless steel appliances, and a walk-in pantry for delightful meals. The master bedroom includes a walk-in closet and a lavish bath and walk-in shower; a personal oasis. Outside, a heated salt-water pool and spa create a perfect retreat. The property features a 2-car garage with plenty of storage for personal items or supplies required to operate a short-term rental. There is even a ping-pong table for guests to enjoy. With tile roofing, central heating & air, a complete solar power system (leased at $131 per month), and a fenced backyard, this property has all the conveniences you need. Fully furnished, this property promises comfort and luxury, whether for your primary residence or as a turnkey short-term rental opportunity. As a short-term rental, it's projected to yield over $123,000 in revenue with a 11.3% self-managed cap rate and 8.5% cap rate, if professionally managed. Don't miss out on owning this fully furnished oasis in a prime location!
Exterior Features

Attached Garage YN Yes Construction Materials Stucco Entry Level 1 Entry Location 1st Floor Fencing Block Foundation Details Slab Lot Features Cul-De-SacSprinkler System Open Parking Spaces 3 Parking Features ConcreteDriveway Parking Total 5 Pool Features GuniteElectric HeatPrivateSalt Water Pool Private YN Yes Property Attached YN No Road Surface Type Paved Roof Tile Sign On Property YN No Spa Features GuniteHeatedIn GroundPrivate Spa YN Yes View None View YN No

Interior Features

Appliances DishwasherDisposalGas OvenGas RangeMicrowaveRefrigeratorDryerWasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Door Features Sliding Doors Fireplace Features Living Room Fireplace YN Yes Flooring TileVinyl Heating Central Heating YN Yes Interior Features FurnishedAll Bedrooms DownMain Level PrimaryWalk-In Closet(s) Main Level Bathrooms 2 Main Level Bedrooms 5 Window Features BlindsDrapesShutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Disclosures Licensed Vacation Rental Exclusions None Garage YN Yes Inclusions Sale Includes EVERYTHING in the Property. (All FurnitureFurnishingsAppliancesTVs) Land Lease YN No Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional New Construction YN No Possession Close Of Escrow Property Condition Turnkey Property Sub Type Single Family Residence Security Features Carbon Monoxide Detector(s)Fire Detection SystemSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Keith Powers of Alta Realty Group CA, Inc (888-504-5327)