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Indio, CA

$245,000

48255 Monroe Street 12, Indio, CA
1
Beds
2
Baths
857
Sq Ft
1980
Built
38
Days listed

About this home

BACK ON THE MARKET!! Short Sale has been approved. Turnkey, end unit loft condo, with views of the waterway, tennis courts and common area gazebo. Inside the complex you will discover well maintained landscaping. The unit comes with a smart security system and a single car detached garage. This is a prime location, just blocks from the Polo/Festival grounds, close to shopping and multiple golf courses. The loft layout is great for renters and is amazing for STRs (with HOA approval and a license). Quail Lakes is a gated community with a club house, pool, hot tub & tennis courts. The back patio looks out onto the ''lazy river'' and has it's own private laundry area(in the patio closet). Kitchen, dining area, desk space, living room and remodeled half bath are on the first level. Main bedroom/loft, partially remodeled main bath with 2 closets is on the second level. There is all NEW LVP flooring downstairs. Upstairs has carpet in the bedroom. This would make a great desert getaway or investment property - This complex is an FHA Approved Complex.. Call today to schedule an appointment to see this home.

Facts & features

Interior
Bedrooms
1
Bathrooms
1 full, 1 half
Living area
857 sq ft
Interior features
Breakfast Bar, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, All Bedrooms Up, Loft, Primary Suite
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Flooring
Carpet, Laminate, Vinyl
Heating
Forced Air, Natural Gas
Cooling
Central Air
Laundry
Laundry Closet, Outside
Levels
Two
Exterior & lot
Lot size
0 acres
View
Park Greenbelt, Water
Architectural style
Traditional
Year built
1980
Parking
Garage, Garage Door Opener
Parking spaces
1
Community
Area
314 - Indio South of East Valley
County
Riverside
Community features
Gated
HOA fee
$858/mo
Listing details
Status
Active
Property type
Condominium
Days on market
38
Listed
2026-03-13
Original price
$259,000
Terms
Cash, Cash To New Loan, Conventional, FHA
Parcel #
616211012
MLS #
219144779DA
Listed by
Suzette Hart · HomeSmart

Location

Price history

Listed
$259,000 · 2026-03-13
Price reduced
$245,000 (−$14,000)
Days on market
38
Current price
$245,000
Financing

Could this home be yours?

Estimated monthly payment
$1,537
$1,239 principal & interest · $298 taxes & insurance
$49,000
Estimate only
Loan $196,000

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Estimated value range nearby
$222,926$261,696

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Listing data provided by CRMLS

Listing courtesy of HomeSmart. © 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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