tomo logo

$3,400,000

Beds
10
Baths
7.0
sq ft
5,011

48750 Southview Pl, Indio, CA 92201

48750 Southview Pl

Indio, CA 92201

  • 18 days on market
One of a kind extremely high producing 10 bedroom 7 bathroom estate property walking distance to the Polo Grounds! On a sprawling 2 acre lot with its own lake and breathtaking mountain views, this stunning two-story modern Mediterranean-style home features a spacious yard, volleyball court, kidney shaped swimming pool and so much more! This home has produced amazing returns as an investment property for the last 9 years averaging close to half a million in gross revenue, per year, over that time. Ask agent for income numbers. This resort-like atmosphere is rarely seen and surprisingly still has amazing upside. A tasteful remodel, or million dollar outdoor/pool remodel could take this property close to the 1 million per year mark! The converted garage is now a large game room equipped with a pool table, ping pong, and arcade games. Ideal for family fun or as an astonishingly lucrative rental. The property seamlessly blends indoor and outdoor living, beautifully landscaped gardens, and modern, sophisticated interior and is now offered fully furnished with a book of business and rental income ready to go for its new owner. Includes APN 616-370-073, 616-370-074, 616-370-075, 616-370-076, 616-370-077

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

2.19 acres

Price per sq ft

$679

Year built

1999

Price History

07/10/2024
DesertArea

DesertArea #219113967

Listed
$3,400,000
+254.17%
03/26/2016
CRMLS

CRMLS #PW15256009

Sold
$960,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 07/27/2024 at 5:45 AM

Listing updated: 07/15/2024 at 4:23 PM

Listed by: Adam M Gilbert, The Firm Brokerage Phone #: (760) 408-8874

MLS: DesertArea #219113967

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