48255 Monroe Street #5Indio, CA 92201

Condo/Townhouse · 2 Beds · 2 Full Baths · 998 Sq. ft.
$290,000 Active

48255 Monroe Street #5 Overview

Time on Site:
108 days
Visits:
0

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.

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48255 Monroe Street #5 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 998
  • Price/Sq.ft. $291

Details

General

Association/HOA

  • Association Amenities: Lake or Pond,Management,Trash
  • Association Fee: 700.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Sewer
  • Association: Yes

Building Information

  • New Construction: No
  • Year Built: 1980

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 314 - Indio South of East Valley
  • Postal City: INDIO
  • Walk Score: 0

Community/Development

  • Community Features: Gated

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Disclosures: HOA Disclosure
  • Exclusions: NOT FURNISHED
  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,FHA,VA Loan
  • Parcel Number: 616211005
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Appliances: Refrigerator
  • Cooling: Yes
  • Fireplace: No
  • Flooring: Wood
  • Levels: Two
  • Living Area: 998.0
  • Living Area Source: Other
  • Security Features: Fire Sprinkler System,Gated Community,Key Card Entry,Security Lights
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Unit Information

  • Unit Number: 5

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 1.0

Lot Information

  • Lot Size Source: Other
  • Lot Size Units: Square Feet
  • Water Source: Other

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: No
    • Property Attached: Yes

    General Information

    • Pool Private: No
    • Sewer: Other

    48255 Monroe Street #5 Neighborhood

    Community

    92201 (Indio) Demographics

    38
    Median Age
    2,868
    Population Density (per sq. mile)
    18%
    College Educated
    $44,215
    Estimated Median Income
    16,390
    Estimated Total Home Owners
    8,403
    Estimated Total Renters
    66% / 34%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    48255 Monroe Street #5 Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    48255 Monroe Street #5 Market Data

    Based on the last 30 days in this zip code

    $550,914
    Average List Price
    $374
    Average Price per Square Foot
    45
    Properties Sold
    111
    Average Days on Market
    829
    Properties for Sale
    Calculations provided by Reliance Network

    48255 Monroe Street #5 History

    Date Event Value Agent
    6/9/2026Source: CRMLS Price Reduction
    $290,000 -3.3%
    3/24/2026Source: CRMLS Price Reduction
    $300,000 -2.4%
    3/13/2026Source: CRMLS Added to Database
    March 13, 2026
    5/6/2024Source: bridgeMLS Status Change
    Sold
    5/6/2024Source: CRMLS Status Change
    Closed
    4/9/2024Source: bridgeMLS Status Change
    Pending Show for Backups
    4/9/2024Source: CRMLS Status Change
    Active Under Contract
    3/16/2024Source: bridgeMLS Price Reduction
    $280,000 -5.1%
    3/16/2024Source: CRMLS Price Reduction
    $280,000 -5.1%
    2/23/2024Source: bridgeMLS Added to Database
    February 23, 2024
    2/23/2024Source: CRMLS Added to Database
    February 23, 2024
    11/2/2022Source: CRMLS Added to Database
    November 02, 2022
    Listing provided courtesy of BP HomesJavier Molina- MLS# 219144777DAMLS ProviderContact Information: [email protected] - 760-406-1492