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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
    : 
    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
    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.
    31 days
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    351
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    7
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    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Javier Molina DRE #02257624 760-861-1544,

    BP Homes

    Source: CRMLS,MLS#: 219144777DAMLS LogoOriginating 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
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        Estimated market value

        $295,100

        $280,000 - $310,000

        $2,049/mo

        Price history

        Price history
        DateEventPrice
        3/24/2026Price change$300,000-2.4%$301/sqft
        Source: Greater Palm Springs Realtors #219144777 Report a problem
        3/14/2026Listed for sale$307,500-0.8%$308/sqft
        Source: Greater Palm Springs Realtors #219144777 Report a problem
        2/12/2026Listing removed$309,900$311/sqft
        Source: Greater Palm Springs Realtors #219139703 Report a problem
        12/8/2025Listed for sale$309,900+10.7%$311/sqft
        Source: Greater Palm Springs Realtors #219139703 Report a problem
        5/6/2024Sold$280,000$281/sqft
        Source: CLAW #24-360937 Report a problem
        4/9/2024Contingent$280,000$281/sqft
        Source: CLAW #24-360937 Report a problem
        3/16/2024Price change$280,000-5.1%$281/sqft
        Source: CLAW #24-360937 Report a problem
        2/23/2024Listed for sale$295,000+104.9%$296/sqft
        Source: CLAW #24-360937 Report a problem
        3/14/2018Sold$144,000+0.7%$144/sqft
        Source: Greater Palm Springs Realtors #217035394 Report a problem
        12/28/2017Listed for sale$143,000+140.3%$143/sqft
        Source: Cross Realty #217035394 Report a problem
        12/17/2014Listing removed$1,800$2/sqft
        Source: Realty Executives Desert Lifestyles #214087002 Report a problem
        11/22/2014Listed for rent$1,800$2/sqft
        Source: Realty Executives Desert Lifestyles #214087002 Report a problem
        6/24/2010Sold$59,500$60/sqft
        Source: Public Record Report a problem
        5/21/2010Listed for sale$59,500-43.3%$60/sqft
        Source: Windermere Real Estate Coachella Valley #21398908 Report a problem
        10/30/2009Sold$105,000-37.5%$105/sqft
        Source: Public Record Report a problem
        8/11/2005Sold$168,000+102.4%$168/sqft
        Source: Public Record Report a problem
        6/7/2002Sold$83,000+40.7%$83/sqft
        Source: Public Record Report a problem
        2/9/2001Sold$59,000$59/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
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          Neighborhood: 92201

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