48255 Monroe Street 5
Indio, CA, 92201 $ 307,500
Bedrooms2 Baths2.0 Sq 998 Monthly Estimate*
$ 1,893
for $307,500 with 2 bedrooms and 2 full baths. This 998 square foot condo was built in 1980.
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.
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FeaturesGeneralLiving Area 998
Sewer Other
Heating Baseboard
Appliances Refrigerator
HOA Fee 700
Garage Spaces 1
Association Fee Includes Sewer
Security Features Fire Sprinkler System Gated Community Key Card Entry Security Lights
Exclusions NOT FURNISHED
Year Built 1980
View Lake Pond Pool Reservoir Trees/Woods
Stories Count 2
Levels Two
Unit Number 5
Property Subtype Condominium
Community Features Gated
Assoc Fee Paid Per Monthly
County Riverside
New Construction false
Property Type Residential
Association Amenities Lake or Pond Management Trash
HOA true
Attached Garage false
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions From Highway 111 head south on Monroe St. Continue past Avenue 48 then turn left into Quail Lakes Racquet Club. Once through the gate follow the community road and the unit will be located within the complex at 48255 Monroe St Indio. Cross Street: MONROE & AVENUE 48.
City Indio
Disclosures HOA Disclosure
Senior Community Y/N false
Open Parking Spaces 0
MLS Area 314 - Indio South of East Valley
Lot Size Units Square Feet
Lot Size Square Feet 0
Carport Spaces 0
Listing Terms Cash Cash to Existing Loan Cash to New Loan FHA VA Loan
Property Attached Y/N true
Land Lease Y/N false
Walk Score 0
Lease Considered Y/N false
Standard Status Active
Year Built Source See Remarks
Property Sub Type Additional Condominium
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InteriorFlooring Wood
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 2
Total Baths 2
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ExteriorParking Features Assigned
Water Source Other
Total Parking 1
Lot Size Area 0
Spa false
Private Pool false
Lot Size Source Other
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* Excluded FeaturesList Byjaviemolinare@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,893
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Indio, CA
Average List Price $303,484
Percent of Sale Price 1%
About Indio, CA 89,268 Population
69% Since 2002
$ 50,199 Median Income
34.96 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/14/2026 | $307,500 | | Listed Price |