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Indio, CA

$290,000

48255 Monroe Street 5, Indio, CA
2
Beds
2
Baths
998
Sq Ft
1980
Built
88
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
2
Bathrooms
2 full, 0 half
Living area
998 sq ft
Appliances
Refrigerator
Flooring
Wood
Heating
Baseboard
Levels
Two
Exterior & lot
Lot size
0 sq ft
View
Lake, Pond, Pool, Reservoir, Trees Woods
Year built
1980
Parking
Assigned
Parking spaces
1
Community
Area
314 - Indio South of East Valley
County
Riverside
Community features
Gated
HOA fee
$700/mo
Listing details
Status
Active
Property type
Condominium
Days on market
88
Listed
2026-03-13
Original price
$307,500
Terms
Cash, Cash To Existing Loan, Cash To New Loan, FHA, Va Loan
Parcel #
616211005
MLS #
219144777DA
Listed by
Javier Molina · BP Homes

Location

Price history

Listed
$307,500 · 2026-03-13
Price reduced
$290,000 (−$17,500)
Days on market
88
Current price
$290,000
Financing

Could this home be yours?

Estimated monthly payment
$1,819
$1,466 principal & interest · $353 taxes & insurance
$58,000
Estimate only
Loan $232,000

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Estimated value range nearby
$315,629$370,521

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Listing data provided by CRMLS

Listing courtesy of BP Homes. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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