$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 #219113967
Listed
$3,400,000
+254.17%
03/26/2016
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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