48750 Southview Place, Indio, CA 92201

$3,400,000
10
BD
7
BA
6,222
SqFt
List Price
$3,400,000
Status
ACTIVE
MLS#
219113967
Year Built
1999
Bedrooms
10
Bathrooms
7
Living Sq. Ft
6,222
Lot Size
95,396
Lot Location
Landscaped
Days on Market
4
Property Type
Single Family Residential
Stories
2
Neighborhood
Not Applicable

Property Description

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.

Additional Information

Lot Description
Landscaped
Pool
Yes
Pool Description
In Ground, Private, Pebble
Spa
Yes
Fireplace Description
Decorative
Heat
Central
Cooling
Air Conditioning
View
Mountain(s), Pond
Parking
Circular Driveway, Driveway, Garage Door Opener, Total Uncovered/Assigned Spaces
Sewer
In, Connected and Paid

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Firm Brokerage.