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48255 Monroe Street, 5, Indio, CA 92201

$290K2bd · 2ba · 998 sqft
Lot 0 sqftHOA $700/moCondominium
Active
133d on marketMLS# 219144777

Property Description

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.

Features & Amenities

Property Details

Subdivision
Quail Lakes Racquet Club
Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Baseboard
Cooling
Air Conditioning, Ceiling Fan(s)
View
Lake, Pond, Pool, Reservoir, Trees/Woods
Flooring
Hardwood
City
Indio
Zip Code
92201
County
Riverside
Listed byBP Homes, Javier A Molina·760-861-1544

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,466.40
Principal & Interest
Loan Amount
$232,000
Total Interest
$295,903
Total Payment Over 30 Years
$527,903
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Quail Lakes Racquet Club

This property is located in Quail Lakes Racquet Club, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.

View Quail Lakes Racquet Club Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

48255 Monroe Street, 5, Indio, CA 92201

Quail Lakes Racquet Club · Indio · Condominium

$290K
Affordable Tier
Beds
2
Baths
2
Sqft
998
Lot
0 sqft
Year
1980
$/Sqft
$291
Pool: No
Spa: No
View: golf
Garage: 1-car

Listed in line with the median closed sale of $285,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $290K· $291/sqft
Total list price
Closed comps
vs closed median $285K
+$5K (+1.8%)
Active comps
vs active median $215K
+$75K (+34.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $252
+$39 (+15.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
48255 Monroe StreetIndio198012857435$244$209,5002089
48255 Monroe StreetIndio1980128570$286$245,0004489
45546 Aladdin StreetIndio198022994957$216$215,00015279
47395 Monroe StreetIndio1982221,0211,000$293$299,00011678
47395 MonroeIndio198221951930$221$210,0005477
Total: 5 · Average1.61.8936830.5$252$235,70077.2
Median951$215,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
48938 Eisenhower DriveIndio197906/29/2026221,1562,614$315,000$285,000$2470.915479
82098 Cochran DriveIndio198407/01/2026221,1401,140$339,000$339,000$2971.006077
82567 Avenue 48Indio198006/11/202621704871$258,000$254,000$3610.98071
47395 Monroe StreetIndio200205/08/2026221,2571,307$299,000$304,000$2421.023568
82815 Davis DriveIndio198105/12/202621704762$239,950$235,000$3340.986967
Total: 5 · Average2.01.6992.21,338.8$283,400$283,400$296.243.6
Median1,140$285,000$285,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.