48750 Southview Place

Indio, CA 92201

$3,400,000

List Price

10

bed Beds

7

shower Baths

5,011 sqft

straighten / sqft

1999

calendar_month Built

Property Description

One of a kind extremely high producing 10 bedroom 7 bathroom estate property walking distance to the Polo Grounds! On a sprawling 2 acre lot with its own lake and breathtaking mountain views, this stunning two-story modern Mediterranean-style home features a spacious yard, volleyball court, kidney shaped swimming pool and so much more!This home has produced amazing returns as an investment property for the last 9 years averaging close to half a million in gross revenue, per year, over that time. Ask agent for income numbers. This resort-like atmosphere is rarely seen and surprisingly still has amazing upside. A tasteful remodel, or million dollar outdoor/pool remodel could take this property close to the 1 million per year mark! The converted garage is now a large game room equipped with a pool table, ping pong, and arcade games. Ideal for family fun or as an astonishingly lucrative rental. The property seamlessly blends indoor and outdoor living, beautifully landscaped gardens, and modern, sophisticated interior and is now offered fully furnished with a book of business and rental income ready to go for its new owner. Includes APN 616-370-073, 616-370-074, 616-370-075, 616-370-076, 616-370-077

Listing Information

List Price $3,400,000
Status Active
MLS 219113967PS
Type Residential
Subtype Single Family Residence
Year Built 1999
Lot Size 95,396
Structure Size 5,011
DOM 37
Courtesy Of The Firm Brokerage
Listing Agent Adam Gilbert DRE#01914157

Interior Features

Total Bedroom
Bedrooms 10
Total Bathroom
Bathrooms 7
Flooring Information
Material Tile, Vinyl
Fireplace Information
Features Decorative, Dining Room
Additional Information
Additional Features Furnished

Exterior Information

Maps

Listing information courtesy of: Adam Gilbert, The Firm Brokerage . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including 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.