47705 Tulip new Save Request In-Person Tour Request Virtual Tour
Indio,CA 92201
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $485
Subdivision The Verandas (31480)
MLS Listing ID OC25234364
Bedrooms 4
Full Baths 3
Year Built 1995
Lot Size 7,841 Sqft
Property Sub-Type Detached
Property Description
Welcome to Mariposa Houseyour turnkey desert oasis and proven 5-star short-term rental! This fully remodeled 5BD/3BA home is a great income-producing STR and could be a beautiful primary residence, featuring an open layout, updated kitchen with modern appliances, new flooring and showers, and Smart TVs in every bedroom. Offered fully furnished, including kitchenware and linens, it is truly move-in ready. The resort-style backyard includes a gated pool and spa, outdoor movie projector, putting green, pool table, shaded gazebo with lounge seating, grill, and full poolside bathroomperfect for entertaining, relaxing, or hosting guests. Investors will appreciate the strong rental history and festival-season demand with income potential starting day one, while families and end-users will love the spacious layout, safety-gated pool, and versatile outdoor living. Currently operating as a successful STR, the home is offered fully furnished with potential annual gross revenue over $103,000 and cap rates up to 8.4% (self-managed) or 6.8% (professionally managed), making it an ideal choice for those seeking a proven income property, a serene getaway, or a unique desert home in one of the areas most desirable locations.
Location
State CA
County Riverside
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Exterior
Garage Spaces 2.0
Pool Below Ground,Heated,Pebble,Private
View Y/N Yes
View Pool
Building
Story 1
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard