Listing provided courtesy of HomeSmart- MLS# 219144779MLS Provider

48255 Monroe Street #12Indio, CA 92201

Condo/Townhouse · 1 Bed · 1 Full Bath · 1 Half Bath · 857 Sq. ft.
$245,000 Active

48255 Monroe Street #12 Overview

Time on Site:
108 days
Visits:
0

BACK ON THE MARKET!! Short Sale has been approved. Turnkey, end unit loft condo, with views of the waterway, tennis courts and common area gazebo. Inside the complex you will discover well maintained landscaping. The unit comes with a smart security system and a single car detached garage. This is a prime location, just blocks from the Polo/Festival grounds, close to shopping and multiple golf courses. The loft layout is great for renters and is amazing for STRs (with HOA approval and a license). Quail Lakes is a gated community with a club house, pool, hot tub & tennis courts. The back patio looks out onto the ''lazy river'' and has it's own private laundry area(in the patio closet). Kitchen, dining area, desk space, living room and remodeled half bath are on the first level. Main bedroom/loft, partially remodeled main bath with 2 closets is on the second level. There is all NEW LVP flooring downstairs. Upstairs has carpet in the bedroom. This would make a great desert getaway or investment property - This complex is an FHA Approved Complex.. Call today to schedule an appointment to see this home.

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48255 Monroe Street #12 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 857
  • Price/Sq.ft. $286

Details

General

Association/HOA

  • Association Amenities: Tennis Courts,Barbecue,Clubhouse,Controlled Access,Fitness Center,Guest Parking,Maintenance Grounds,Management,Picnic Area,Recreation Room,Sport Court
  • Association Fee: 858.0
  • Association Fee Includes: Building \u0026 Grounds,Clubhouse
  • Association Name: Quail Lakes Racquet Club
  • Association: true

School Information

  • School District: Coachella Valley Unified

Building Information

  • Year Built: 1980

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 314 - Indio South of Hwy 111
  • Subdivision Name: Quail Lakes Racquet Club
  • Walk Score: 0

Community/Development

  • Community Features: Sidewalks,Community Mailbox

General Information

  • Disclosures: CC \u0026 R,Homeowners Association,Property As Is
  • Exclusions: Washer/Dryer
  • Furnished: Unfurnished
  • Listing Terms: Cash,Cash to New Loan,Conventional,FHA
  • Parcel Number: 616211012
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Short Sale

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 1

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 857.0

General Information

  • Appliances: Dishwasher,Disposal,Gas Range,Microwave Oven,Refrigerator
  • Fireplace: false
  • Flooring: Carpet,Laminate,Mixed,Vinyl
  • Foundation Details: Slab
  • Interior Features: All Bedrooms Up,Master Suite,Cathedral Ceiling(s)
  • Laundry Features: In Closet,Outside
  • Levels: Two
  • Living Area: 857.0
  • Other Equipment: Other
  • Security Features: Gated Community,Security System Owned
  • Spa: false
  • Stories Total: 2
  • Window Features: Blinds,Double Pane Windows,Drapes,Mini Blinds

Unit Information

  • Unit Number: 12

Exterior

Parking Information

  • Parking Features: Garage Door Opener
  • Parking Total: 1.0

Lot Information

  • Lot Size Source: Assessor

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Attached Garage: false
    • Construction Materials: Stucco
    • Patio And Porch Features: Concrete Slab,Covered

    General Information

    • Fencing: None
    • Pool Private: false
    • Sewer: In, Connected and Paid
    • Utilities: Water Connected,Sewer Connected,Natural Gas Connected,Electricity Connected

    48255 Monroe Street #12 Neighborhood

    Indio

    Indio, "The City of Festivals," is the municipal anchor for the Eastern Coachella Valley cities and is one of the oldest cities in the Coachella Valley, starting as a railroad town and growing to become an agricultural hub and major destination for some of the most notable festivals in the world.

    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 #12 Monthly Cost

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    * 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 #12 Market Data

    Based on the last 30 days in this zip code

    $551,210
    Average List Price
    $375
    Average Price per Square Foot
    37
    Properties Sold
    110
    Average Days on Market
    834
    Properties for Sale
    Calculations provided by Reliance Network

    48255 Monroe Street #12 History

    Date Event Value Agent
    6/4/2026Source: CRMLS Price Reduction
    $245,000 -4.9%
    6/4/2026Source: California Desert MLS Price Reduction
    $245,000 -4.9%
    6/4/2026Source: California Desert MLS Status Change
    Active
    4/15/2026Source: California Desert MLS Status Change
    Hold
    4/3/2026Source: CRMLS Price Reduction
    $257,500 -0.6%
    4/3/2026Source: California Desert MLS Price Reduction
    $257,500 -0.6%
    3/13/2026Source: CRMLS Added to Database
    March 13, 2026
    3/13/2026Source: California Desert MLS Added to Database
    March 13, 2026
    11/6/2023Source: CRMLS Status Change
    Closed
    10/11/2023Source: CRMLS Status Change
    Pending
    9/15/2023Source: CRMLS Added to Database
    September 15, 2023
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