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Listed by Keith Powers • Alta Realty Group CA, Inc
$825,000
Est. payment /mo
4 Beds
3 Baths
1,750 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $471
MLS Listing ID CROC25234364
Bedrooms 4
Full Baths 3
Year Built 1995
Lot Size 7,841 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Welcome to Mariposa House-your turnkey desert oasis and proven 5-star short-term rental! This fully remodeled 5BD/3BA home is a great income-producing STR and could be a beautiful primary residence, featuring an open layout, updated kitchen with modern appliances, new flooring and showers, and Smart TVs in every bedroom. Offered fully furnished, including kitchenware and linens, it is truly move-in ready. The resort-style backyard includes a gated pool and spa, outdoor movie projector, putting green, pool table, shaded gazebo with lounge seating, grill, and full poolside bathroom-perfect for entertaining, relaxing, or hosting guests. Investors will appreciate the strong rental history and festival-season demand with income potential starting day one, while families and end-users will love the spacious layout, safety-gated pool, and versatile outdoor living. Currently operating as a successful STR, the home is offered fully furnished with potential annual gross revenue over $100,000 and cap rates up to 8.4% (self-managed) or 6.7% (professionally managed), making it an ideal choice for those seeking a proven income property, a serene getaway, or a unique desert home in one of the area's most desirable locations.
Location
State CA
County Riverside
Area 314 - Indio South Of East Valley
Interior
Heating Central Forced Air
Cooling Central AC
Fireplaces Type None
Laundry In Laundry Room, Other, Washer, Dryer
Exterior
Garage Spaces 2.0
Pool Pool - Heated, Pool - In Ground, Other, Pool - Yes
View 31
Building
Story One Story
Water District - Public
Others
Tax ID 600253018
Special Listing Condition Not Applicable
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