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48668 Stillwater St 3,346 SF Specialty Building Offered at $2,200,000 at a 8% Cap Rate in Indio, CA 92201



Investment Highlights
- This property operates as a profitable short term rental in an HOA that protects the owner's right to rent it out short term
- walking distance to Coachella & Stagecoach festivals
Executive Summary
Step into this fully renovated six-bedroom showstopper, designed from top to bottom with Airbnb guests in mind. With over $250,000 in luxury upgrades, this home delivers the perfect blend of style, entertainment, and resort-style amenities.
Inside, you'll find stunning designer décor and a high-energy climate controlled game room loaded with arcade-quality entertainment. Thoughtfully designed for families and groups, the layout includes a private master suite with a cozy adjacent kiddy bedroom—perfect for parents traveling with little ones.
Step outside and let the fun take over—dive into the sparkling pool with its exciting water slide, chill out with dual misting systems that keep things cool both in and out of the water, and challenge your crew to a round on the 8-hole mini golf course. Enjoy your very own Bocce Ball/Soccer/Cornhole arena—an all-in-one backyard playground under the desert sun."
Perfectly located just a short walk to the Polo Grounds—home of Coachella and Stagecoach, this home sits in one of the top-performing Airbnb neighborhoods in the Coachella Valley for six straight years. You're also minutes from world-class golf, the Indian Wells Tennis Garden, and iconic Joshua Tree.
Tucked inside a safe, gated community where short-term rentals are fully permitted, this property offers not just unforgettable experiences—but serious passive income potential.
READY TO ACCOMMODATE YOUR 1031 EXCHANGE
Whether you're seeking the ultimate vacation retreat or a high-yield investment, this Montage gem checks every box. Luxury. Location. Lifestyle. This is the one.
Inside, you'll find stunning designer décor and a high-energy climate controlled game room loaded with arcade-quality entertainment. Thoughtfully designed for families and groups, the layout includes a private master suite with a cozy adjacent kiddy bedroom—perfect for parents traveling with little ones.
Step outside and let the fun take over—dive into the sparkling pool with its exciting water slide, chill out with dual misting systems that keep things cool both in and out of the water, and challenge your crew to a round on the 8-hole mini golf course. Enjoy your very own Bocce Ball/Soccer/Cornhole arena—an all-in-one backyard playground under the desert sun."
Perfectly located just a short walk to the Polo Grounds—home of Coachella and Stagecoach, this home sits in one of the top-performing Airbnb neighborhoods in the Coachella Valley for six straight years. You're also minutes from world-class golf, the Indian Wells Tennis Garden, and iconic Joshua Tree.
Tucked inside a safe, gated community where short-term rentals are fully permitted, this property offers not just unforgettable experiences—but serious passive income potential.
READY TO ACCOMMODATE YOUR 1031 EXCHANGE
Whether you're seeking the ultimate vacation retreat or a high-yield investment, this Montage gem checks every box. Luxury. Location. Lifestyle. This is the one.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,200,000 | Building Class | B |
| Price Per SF | $657.50 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 3,346 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2005/2022 |
| Property Subtype | Residential Income | ||
| Zoning | residential | ||
| Price | $2,200,000 |
| Price Per SF | $657.50 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 3,346 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2005/2022 |
| Zoning | residential |
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Property Taxes
| Parcel Number | 602-420-014 | Improvements Assessment | $1,213,798 (2025) |
| Land Assessment | $520,201 (2025) | Total Assessment | $1,733,999 (2025) |
Property Taxes
Parcel Number
602-420-014
Land Assessment
$520,201 (2025)
Improvements Assessment
$1,213,798 (2025)
Total Assessment
$1,733,999 (2025)
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Presented by
Vacaystay Real Estate
48668 Stillwater St
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