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.
For sale
Listing Provided by: BP Homes
Price cut: $7.5K (3/24)
$300,000
48255 Monroe St APT 5, Indio, CA 92201
2beds
998sqft
Est.:
Condominium
Built in 1980
-- sqft lot
$295,100 Zestimate®
$301/sqft
$700/mo HOA
What's special
One-car garageBalcony accessEnsuite bathCustom cabinetrySpacious primary suitePeaceful water viewsBamboo flooring
- 31 days |
- 351 |
- 7 |
Zillow last checked:
Listing updated:
Listing Provided by:
Javier Molina DRE #02257624 760-861-1544,
BP Homes
Source: CRMLS,MLS#: 219144777DA
Originating MLS: California Desert AOR & Palm Springs AOR
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Has cooling: Yes
Appliances
- Included: Refrigerator
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total interior livable area: 998 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Lake, Pond, Pool, Reservoir, Trees/Woods
- Has water view: Yes
- Water view: Lake,Pond,Reservoir
Details
- Parcel number: 616211005
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
Community
- Features: Gated
- Security: Fire Sprinkler System, Gated Community, Key Card Entry, Security Lights
HOA
- Has HOA: Yes
- Amenities included: Lake or Pond, Management, Trash
- Services included: Sewer
- HOA fee: $700 monthly
Location
- Region: Indio
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $285,600
- Annual tax amount: $4,316
- Date on market: 3/13/2026
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,FHA,VA Loan
- Exclusions: NOT FURNISHED
Estimated market value
$295,100
$280,000 - $310,000
$2,049/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Price change | $300,000-2.4%$301/sqft |
Source: | ||
| 3/14/2026 | Listed for sale | $307,500-0.8%$308/sqft |
Source: | ||
| 2/12/2026 | Listing removed | $309,900$311/sqft |
Source: | ||
| 12/8/2025 | Listed for sale | $309,900+10.7%$311/sqft |
Source: | ||
| 5/6/2024 | Sold | $280,000$281/sqft |
Source: | ||
| 4/9/2024 | Contingent | $280,000$281/sqft |
Source: | ||
| 3/16/2024 | Price change | $280,000-5.1%$281/sqft |
Source: | ||
| 2/23/2024 | Listed for sale | $295,000+104.9%$296/sqft |
Source: | ||
| 3/14/2018 | Sold | $144,000+0.7%$144/sqft |
Source: | ||
| 12/28/2017 | Listed for sale | $143,000+140.3%$143/sqft |
Source: Cross Realty #217035394 Report a problem | ||
| 12/17/2014 | Listing removed | $1,800$2/sqft |
Source: Realty Executives Desert Lifestyles #214087002 Report a problem | ||
| 11/22/2014 | Listed for rent | $1,800$2/sqft |
Source: Realty Executives Desert Lifestyles #214087002 Report a problem | ||
| 6/24/2010 | Sold | $59,500$60/sqft |
Source: Public Record Report a problem | ||
| 5/21/2010 | Listed for sale | $59,500-43.3%$60/sqft |
Source: Windermere Real Estate Coachella Valley #21398908 Report a problem | ||
| 10/30/2009 | Sold | $105,000-37.5%$105/sqft |
Source: Public Record Report a problem | ||
| 8/11/2005 | Sold | $168,000+102.4%$168/sqft |
Source: Public Record Report a problem | ||
| 6/7/2002 | Sold | $83,000+40.7%$83/sqft |
Source: Public Record Report a problem | ||
| 2/9/2001 | Sold | $59,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,316 +60.3% | $285,600 +77.8% |
| 2024 | $2,693 +2.6% | $160,630 +2% |
| 2023 | $2,625 +4.3% | $157,481 +2% |
| 2022 | $2,516 +4.3% | $154,394 +2% |
| 2021 | $2,413 +4.5% | $151,368 +1% |
| 2020 | $2,309 | $149,817 +2% |
| 2019 | -- | $146,880 +117.6% |
| 2018 | $1,147 +0.1% | $67,489 +2% |
| 2017 | $1,146 | $66,167 +2% |
| 2016 | $1,146 +10.6% | $64,870 +1.5% |
| 2015 | $1,036 +0.4% | $63,898 +2% |
| 2014 | $1,032 | $62,648 +0.5% |
| 2013 | -- | $62,367 +17.7% |
| 2012 | -- | $53,000 -11.6% |
| 2011 | -- | $59,947 -0.1% |
| 2010 | -- | $60,000 -21.1% |
| 2009 | -- | $76,000 -50.3% |
| 2008 | -- | $153,000 -10.7% |
| 2007 | -- | $171,360 +2% |
| 2006 | -- | $168,000 +91% |
| 2005 | -- | $87,963 +3.9% |
| 2003 | -- | $84,660 +38.3% |
| 2002 | -- | $61,200 +36% |
| 2001 | $649 +8.7% | $45,000 +12.5% |
| 2000 | $597 | $40,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,447/mo
Principal & interest
$1455
HOA Fees
$700
Property taxes
$292
More affordability tools
Climate risks
Neighborhood: 92201
Nearby schools
GreatSchools rating
- 3/10Mountain Vista Elementary SchoolGrades: K-6Distance: 1 mi
- 3/10Cahuilla Desert Academy Junior HighGrades: 7-8Distance: 2.1 mi
- 3/10Coachella Valley High SchoolGrades: 9-12Distance: 4.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- California
- Riverside County
- Indio
- 92201
- 48255 Monroe St Apartment 5





