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. Includes APN 616-370-073, 616-370-074, 616-370-075, 616-370-076, 616-370-077
Property Details
Price:
$3,400,000
MLS #:
219113967PS
Status:
Active
Beds:
10
Baths:
7
Address:
48750 Southview Place
Type:
Single Family
Subtype:
Single Family Residence
City:
Indio
Listed Date:
Jul 5, 2024
State:
CA
Finished Sq Ft:
5,011
ZIP:
92201
Lot Size:
95,396 sqft / 2.19 acres (approx)
Year Built:
1999
Schools
Interior
Fireplace Features
Decorative, Dining Room
Flooring
Tile, Vinyl
Heating
Central
Interior Features
Furnished
Exterior
Garage Spaces
0.00
Lot Features
Landscaped
Parking Features
Circular Driveway, Driveway, Garage Door Opener
Pool Features
In Ground, Pebble
Security Features
Automatic Gate, Security Lights
Spa Features
Private, In Ground
Stories Total
2
View
Mountain(s), Pond
Financial
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48750 Southview Place
Indio, CA
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