A standout investment property in Montage at Santa Rosa - one of the Coachella Valley's premier STR-friendly communities. This proven, income-producing short-term rental is privately positioned at the end of a cul-de-sac on an expansive lot, with an oversized side yard offering exceptional potential for a detached casita and more. Built for luxury living and entertaining, the residence features TWO spacious primary suites, a resort-style pool and spa, and an impressive collection of outdoor games and amenities. Just a short walk from the world-renowned Coachella and Stagecoach festival grounds, the location commands exceptional demand during the Valley's biggest events. The ideal property for expanding an existing STR portfolio, acquiring a primary or secondary residence, a 1031 exchange, or securing a consistent high-income producing vacation rental in a luxury community. With proven rental income, expansion potential, resort-style living, and unbeatable festival proximity, this fully furnished and turnkey property is a Montage at Santa Rosa opportunity you don't want to miss.
Single-familyProperty Type
2004Year Built
0.3 acresLot Size
$615Price/Sq.Ft.
$230/moHOA Dues
3 garage spacesParking
Listed by Michael Smith•DRE #02119749• Vacaystay Real Estate
El Rincon, located between Jefferson Street and Monroe Street, is a residential and golf-adjacent Indio neighborhood with desert landscaping and mountain-view streetscapes. The neighborhood’s character concentrates around the Jefferson Street corridor near the Empire Polo Club, where event traffic, casual eateries, and low-slung retail create a distinctly Coachella Valley rhythm. Architecture leans toward stucco, tile roofs, and gated enclaves set along wide, sunlit roads. Nearby fairgrounds and polo fields shape the calendar with large-scale festivals and seasonal shows. Daily life centers on drives to local taquerias, date-shake counters, and open-air shopping. The flat valley geography keeps sightlines long, with the Santa Rosa Mountains framing the horizon.
Provided by Walk Score and Local Logic
Offer insights
48713 Spring Rain Ct · $1,640,000
$1.64M and above
75% chance or better to win
Why $1.64M+ is a strong offer
DAYS ON MARKET
30 days
The average home goes pending in 54 days.
SALE-TO-LIST
98.9%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Turnkey / furnished
Gas and wood fireplace in the living room
Ceiling fans
Bathrooms
3 full bathrooms
Flooring
Ceramic tile
Heating & cooling
Central heating
Central air conditioning
Exterior features
Private heated in-ground tile pool
In-ground pebble hot tub (heated, gas)
Automatic gate with card/code access in a gated community
Block fencing
Sprinkler system with timer and drip irrigation
Mountain views
Home design
Detached single-family home
One-story (ground level)
Parking
Attached garage
3 garage spaces
6 uncovered/assigned parking spaces
Garage door opener
Total of 9 parking spaces
Security
Automatic gate
Card/code access
Gated community
Construction
Built (year source: assessor)
Utilities
Sewer: in street on bond
PUD: no
HOA & community
Monthly association fee ($230)
Association provides management
Other
Short-term rentals allowed
Listing terms may include Conventional, 1031 Exchange, Contract, or Cash
Electricity and solar
View estimated energy costs and solar savings for this home
Great Investment opportunity! This rare find is located at the end of a cul-de-sac on a huge pie shaped lot with a side yard big enough for a detached casita and/or a 3rd car garage casita as others have done. The home has TWO master bedrooms, huge pool, Spa, comes fully furnished with lots of outdoor games to attract guests. Montage at Santa Rosa homes produce the most income as short term rentals in the Coachella Valley. Usually HOA means NO short term rentals, but the Montage HOA allows short term rentals and they are protected by the HOA. It's just walking distance to the famous Coachella Polo Grounds, so Stagecoach and Coachella guests prefer to stay here since they can just walk to the festivals.
GPSMLS #219061286
Aug 19, 2021
Sold
$1,450,000
$544/sq ft
Apr 30, 2021
Pending
—
Apr 22, 2021
Listed
$1,450,000
$544/sq ft
GPSMLS #219021143
Sep 20, 2019
Sold
$660,000
$247/sq ft
Sep 19, 2019
Pending
—
Aug 20, 2019
Pending
—
Jul 26, 2019
Listed
$699,900
$262/sq ft
Greater Lansing AoR #219021143DA
Sep 20, 2019
Sold
$660,000
$247/sq ft
Jul 26, 2019
Listed
$699,900
$262/sq ft
GPSMLS #41239326
Sep 18, 2019
Listing Removed
—
Feb 10, 2006
Listed
$790,000
$296/sq ft
GPSMLS #217020032
Aug 7, 2017
Sold
$580,000
$217/sq ft
Jul 22, 2017
Pending
—
Jul 22, 2017
Listed
$580,000
$217/sq ft
GPSMLS #217008778
May 1, 2017
Listing Removed
—
Apr 17, 2017
Price Changed
$600,000
$225/sq ft
Apr 3, 2017
Price Changed
$611,000
$229/sq ft
Mar 28, 2017
Price Changed
$621,000
$233/sq ft
Mar 21, 2017
Listed
$650,000
$244/sq ft
GPSMLS #215012084
Sep 29, 2015
Sold
$549,000
$206/sq ft
Aug 30, 2015
Pending
—
Jul 20, 2015
Contingent
—
Apr 11, 2015
Listed
$549,000
$206/sq ft
GPSMLS #21307248
Mar 26, 2008
Listing Removed
—
Dec 27, 2007
Price Changed
$559,900
$210/sq ft
Oct 10, 2007
Listed
$620,900
$233/sq ft
Public Records
Nov 10, 2005
Sold
$720,000
$270/sq ft
GPSMLS #21215595
Sep 12, 2005
Listing Removed
—
Jun 24, 2005
Listed
$689,000
$258/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$17,223 (+1.8%)
$374,851 + $874,648
$1,249,499
2024
$16,926 (−16.8%)
$374,851 + $874,648
$1,249,499
2023
$20,348 (+1.8%)
$367,501 + $857,499
$1,225,000
2022
$19,996 (+105.2%)
$443,701 + $1,035,298
$1,478,999
2021
$9,744 (+6.0%)
$435,001 + $1,014,999
$1,450,000
2020
$9,195 (+10.7%)
$57,590 + $609,247
$666,837
2019
$8,302 (+2.1%)
$57,000 + $603,000
$660,000
2018
$8,133 (+2.7%)
$177,480 + $414,120
$591,600
2017
$7,921 (+3.8%)
$151,980 + $408,000
$559,980
2016
$7,631 (+1.6%)
$151,980 + $408,000
$559,980
2015
$7,512 (+17.9%)
$149,000 + $400,000
$549,000
2014
$6,372 (+21.7%)
$130,000 + $331,000
$461,000
2013
$5,237 (+9.9%)
$130,000 + $331,000
$461,000
2012
$4,765 (−10.6%)
$105,000 + $268,000
$373,000
2011
$5,329 (+30.3%)
$102,000 + $261,000
$363,000
2010
$4,091 (−14.7%)
$117,000 + $297,000
$414,000
2009
$4,796 (−23.1%)
$86,000 + $218,000
$304,000
2008
$6,241
$113,000 + $264,000
$377,000
Public record
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
2005
Finished Sq. Ft.
2,667
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,667
Year built
2004
Style
Single Family Residential
County
Riverside County
APN
602420031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 114° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indio, CA • 92201
Average low and high temperatures (°F)
71
46
79
54
85
60
85
63
93
68
103
77
106
82
106
81
96
75
92
66
77
52
75
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Indio. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 48713 Spring Rain Ct
$1,584,036
$56K under list price of $1.64M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $720K to $1.9M.