Listing provided courtesy of BP Homes- MLS# 219144777MLS Provider

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:
1

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. Wake up to peaceful water views just minutes from the energy of Coachella and Stagecoach. This turnkey furnished 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. 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 new 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
  • Association Fee: 700.0
  • Association Fee Includes: Building \u0026 Grounds,Sewer,Trash
  • Association: true

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

General Information

  • Disclosures: Homeowners Association
  • Exclusions: NOT FURNISHED
  • Furnished: Unfurnished
  • 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: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

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

Building Interior

  • Building Area Source: Other
  • Building Area Total: 998.0

General Information

  • Appliances: Refrigerator
  • Fireplace: false
  • Flooring: Hardwood
  • Levels: Two,Top
  • Living Area: 998.0
  • Security Features: Card/Code Access,Community,Exterior Security Lights,Fire Sprinkler System,Security System Owned
  • Spa: false
  • Stories Total: 2

Unit Information

  • Unit Number: 5

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 1.0

Lot Information

  • Lot Size Source: Other
  • Water Source: Other

Waterfront/View

  • Waterfront Features: Lake
  • Waterfront: true

Building Exterior/Construction

  • Attached Garage: false

General Information

  • Pool Private: false
  • Sewer: Other

48255 Monroe Street #5 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 #5 Monthly Cost

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$ %
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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 #5 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 #5 History

Date Event Value Agent
6/9/2026Source: California Desert MLS Price Reduction
$290,000 -3.3%
6/9/2026Source: CRMLS Price Reduction
$290,000 -3.3%
3/24/2026Source: CRMLS Price Reduction
$300,000 -2.4%
3/24/2026Source: California Desert MLS Price Reduction
$300,000 -2.4%
3/13/2026Source: CRMLS Added to Database
March 13, 2026
3/13/2026Source: California Desert MLS Added to Database
March 13, 2026
5/6/2024Source: CRMLS Status Change
Closed
Koubek & Turney Realty Group
Listing Agent
Koubek & Turney Realty Group
Selling Agent
4/9/2024Source: CRMLS Status Change
Active Under Contract
Koubek & Turney Realty Group
Listing Agent
3/16/2024Source: CRMLS Price Reduction
$280,000 -5.1%
Koubek & Turney Realty Group
Listing Agent
2/23/2024Source: CRMLS Added to Database
February 23, 2024
Koubek & Turney Realty Group
Listing Agent
11/2/2022Source: CRMLS Added to Database
November 02, 2022
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