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48255 Monroe Street, 56, Indio, CA 92201

$245K1bd · 2ba · 998 sqft
Lot 0 sqftHOA $715/moCondominium
Active
81d on marketMLS# 00-26829647

Property Description

Welcome to effortless desert living at Quail Lakes Racquet Club, a gated Indio community where style, comfort, and convenience come together. This furnished loft style condo makes an immediate impression with soaring vaulted ceilings, warm plank tile flooring, and light that pours in from every angle. The modern kitchen is outfitted with quartz countertops, a gas range, dishwasher, microwave, and refrigerator. The main level flows naturally from the living area to a covered patio overlooking a tranquil creek and sparkling pool and spa, creating a seamless indoor outdoor experience. A powder room and outdoor storage closet with washer and dryer round out the ground floor. Upstairs, the spacious loft serves as a private retreat complete with a full bathroom, generous closet space, and additional storage. Resort style amenities include a pool, spa, gazebo, two tennis courts, and scenic walking paths. HOA dues cover water, gas, trash, exterior maintenance, landscaping, and roof, keeping ownership simple and low maintenance. Includes a single car garage with opener and keypad access, a newer A/C and heating system, and an upgraded sliding screen door. Situated minutes from the Empire Polo Grounds, home to world famous Coachella and Stagecoach festivals and close to golf, dining, and shopping at Indio Grand Marketplace and Old Town La Quinta, this property delivers on every front. Whether you're looking for a primary residence, a desert escape, or an income producing rental, the opportunity here is hard to beat.

Features & Amenities

Quail Lakes RacquetFeeBuilt 1980

Property Details

Subdivision
Quail Lakes Racquet
Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Heating
Forced Air
Cooling
Central Air, Gas
View
Courtyard, Creek/Stream, Pool, Water
Flooring
Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byEquity Union, Ryan Williams

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,238.60
Principal & Interest
Loan Amount
$195,960
Total Interest
$249,936
Total Payment Over 30 Years
$445,896
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

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

View Quail Lakes Racquet Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

48255 Monroe Street, 56, Indio, CA 92201

Quail Lakes Racquet · Indio · Condominium

$245K
Affordable Tier
Beds
1
Baths
2
Sqft
998
Lot
0 sqft
Year
1980
$/Sqft
$245
Pool: Yes
Spa: Yes
View: water

Listed 14.1% below the median closed sale of $285,000. Price per sqft ($245) is a 17% discount to closed comps ($296).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $245K· $245/sqft
Total list price
Closed comps
vs closed median $285K
$40K (14.1%)
Active comps
vs active median $299K
$54K (18.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $287
$42 (14.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
48255 Monroe StreetIndio1980128570$286$245,0004478
47395 Monroe StreetIndio1982221,0211,000$293$299,00011675
48255 Monroe StreetIndio1980229980$291$290,00012774
49216 Garland StreetIndio1984221,1402,105$283$323,0004370
49156 Garland StreetIndio1984221,1400$281$320,0004770
Total: 5 · Average1.82.01,031.21,552.5$286.8$295,40075.4
Median1,021$299,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
48938 Eisenhower DriveIndio197906/29/2026221,1562,614$315,000$285,000$2470.915473
82098 Cochran DriveIndio198407/01/2026221,1401,140$339,000$339,000$2971.006070
82567 Avenue 48Indio198006/11/202621704871$258,000$254,000$3610.98066
82815 Davis DriveIndio198105/12/202621704762$239,950$235,000$3340.986965
47395 Monroe StreetIndio200205/08/2026221,2571,307$299,000$304,000$2421.023561
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.