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.
Single-familyProperty Type
2004Year Built
0.3 acresLot Size
$479Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Michael Smith•DRE #02119749• Vacaystay Real Estate
•805-750-3800 (agent)
•mikesmith2141@gmail.com (agent)
Bought with Damian Costello•DRE #01970079• HomeSmart
* * * Investment * * * This Montage at Santa Rosa home is located at the end of a quiet cul-de-sac in a gated community with a HUGE pie shaped lot. Located near LaQuinta, just blocks from the famous Coachella Polo Fields, this home currently books up year round and books for top dollar during Coachella and Stagecoach as a short term rental since it's so close. The Montage is a rare HOA in Indio that has developed a reputation to be short term rental friendly as long as the noise and parking rules are followed.
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
—
Sep 26, 2006
Delisted
—
Feb 10, 2006
Listed
$790,000
$296/sq ft
Feb 10, 2006
Listed
*
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
PALM #41239326PS
Sep 26, 2006
Delisted
—
Feb 10, 2006
Listed
*
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
Tax history for 48713 Spring Rain Ct
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
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
2005
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.
Property details
Parking
Parking and Garage Information
Total Parking Spaces: 6
Parking: Driveway, Garage Door Opener
Has Garage
Garage Description: Attached
Total Garage Spaces: 3
Total Uncovered/Assigned Spaces: 3
Interior
Bedroom Information
Bedroom Features: 2 Master Bedrooms
Bathroom Information
Full Baths: 3
Bathroom Features: 2 Master Baths
Room Information
Rooms: Family Room
Eating Areas: Kitchen Island
Interior Features
Doors: French Doors
Furnished: Fully Furnished
Fireplace Information
Has Fireplace(s)
Total Fireplaces: 1
Fireplace Features: Glass Doors
Fireplace Location: Family Room
Flooring
Spanish Tile, Tile
Equipment
Appliances: Convection Oven, Dishwasher, Dryer, Gas Cooktop, Gas Dryer Hookup, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Washer, Water Line to Refrigerator
Gas
Heating & Cooling
Heating Type: Central
Heating Fuel: Natural Gas
Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
Exterior
Building Information
Building Style: Tuscan
Building # of Stories: 1
Year Built Source: Appraiser
Levels: Ground
Exterior Features
Security Safety: Gated Community
Has Sprinklers
Pool Information
Has Pool
Pool Location: Private
Pool Description: In Ground
Pool Construction: In Ground, Pebble
Has Spa/Hot Tub
Spa/Hot Tub Description: Heated - Gas
Spa/Hot Tub Construction: In Ground
Land Information
Land Type: Fee
Land Type: Fee Simple
Irrigation: Sprinkler System, Sprinkler Timer
Lot Information
Lot Size Source: Appraiser
Property Features
Sq Ft Source: Appraiser
View: Has View
View Type: Mountain(s)
Property Sub-Type: Single Family Residence
No
Property Attached/Detached: Detached
Utilities
Utilities Information
PUD Y/N: No
Water: In Street
Sewer: In Street Paid
Location
Homeowners Association Information
HOA Information: Association Fee 1: 150.00
Yes
Association 1 Frequency: Monthly
Total Monthly Association Fees: 150.00
Association Amenities: Management
Location Information
Directions: 10 East to Jefferson South to 48th East to Madison South to Serenity West to Spring Rain North
Cross Streets: Serrenity & Stillwater
Community Information
Gated Community: Yes
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,667
Stories: 1.0
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2005
County: Riverside County
APN: 602420031
Home facts updated by county records on Aug 7, 2026
Other
Documents & Disclosures
Disclosures: CC & R
Listing Information
Included in Sale: All furniture
Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Sale Type: Standard
Short Term Rentals: Yes
Will Consider Lease: No
Around this home
Schools
Mountain Vista Elementary School
Public K-6 • Assigned • 0.6mi
4/10
Cahuilla Desert Academy Junior High
Public 7-8 • Assigned • 2.4mi
3/10
Coachella Valley High School
Public 9-12 • Assigned • 4.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
105
80
106
81
100
77
92
66
77
52
75
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.1 hours in
June and 7.4 hours in December, placing it above the
U.S. average for solar exposure.
11.1 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.21M – $1.47M
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