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$300,000 -$7,500 (-2.44%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 48255 Monroe St #5
General
- Price: $300,000
- HOA FEE: $700/month
- Status: Active
- Type: Condo
- Source: Desert_Area_Palm_Springs
- MLS ID: 219144777
- Updated: 3/24/2026
- Added to Site: 11 day(s) ago
Interior
- Rooms/Areas: Dining Room
- Number of Fireplaces: 2
- Appliances: Refrigerator
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: 2 Primary Baths
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Lake or Pond, Management
- Security/Safety: Card/Code Access, Security System Owned, Fire Sprinkler System, Exterior Security Lights, Community
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking: Assigned
- Garage Description: Detached
Location
- Area: 314 - Indio South of Hwy 111
- County: Riverside
- Subdivision: Quail Lakes Racquet Club
- Cross Streets: MONROE & AVENUE 48
Community
- Gated community: Yes
- Association: Yes
- Assoc. Fees Include: Building & Grounds, Trash, Sewer
Heating & Cooling
- Cooling Type: Air Conditioning, Ceiling Fan(s)
- Heating Type: Baseboard
Utilities
- Sewer: Other
- Water: Other
Structural Information
- Detached/Attached: Yes
- Square Feet: 998
- Sq. Ft. Source: Other
- Year Built: 1980
- Year Built Source: Other
Lot Features
- Lot Size Source: Other
Water Features
- Water View: Yes
- Water Front Type: Lake
Financial Considerations
- Price Per Sq. Ft.: $300
- Association Fee: Yes
- Assoc Fee Freq.: Monthly
- Assoc Fee /Month: $700
- Terms: Cash, VA Loan, Other, FHA, Cash to New Loan, Cash to Existing Loan
Disclosures and Reports
- APN: 616211005
Listed by BP Homes, Javier A Molina
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Schools
Schools serving 48255 Monroe St #5
School District:Coachella Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Mountain Vista Elementary School 49-750 Hjorth St., Indio, CA 92201 | K-6 | 0.9 mi |
Cahuilla Desert Academy Junior High 82-489 Ave. 52, Coachella, CA 92236 | 7-8 | 2 mi |
Coachella Valley High School 83-800 Airport Blvd., Thermal, CA 92274 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48255 Monroe St #5
Date
Details
Price
Change
Source
3/24/2026
Price Reduced
$300,000
-2.44%
MLS
3/13/2026
Listed
$307,500
9.82%
MLS
4/08/2024
Sold
$280,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48255 Monroe St #5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,316
60%
$285,600
78%
2024
$2,693
3%
$160,630
2%
2023
$2,625
4%
$157,481
2%
2022
$2,516
4%
$154,394
2%
2021
$2,413
5%
$151,368
1%
2020
$2,309
2%
$149,817
2%
2019
$2,260
97%
$146,880
118%
2018
$1,147
—
$67,489
2%
2017
$1,146
3%
$66,167
2%
2016
$1,111
7%
$64,870
2%
2015
$1,036
—
$63,898
2%
2014
$1,032
1%
$62,648
—
2013
$1,026
—
$62,367
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48255 Monroe St #5
48255 Monroe Street #5, Indio, CA 92201 (MLS# 219144777) is a Condo property with 2 bedrooms and 2 full bathrooms. 48255 Monroe Street #5 is currently listed for $300,000 and was received on March 13, 2026. Want to learn more about 48255 Monroe Street #5? Do you have questions about finding other Condo real estate for sale in Indio? You can browse all Indio real estate or contact a Coldwell Banker agent to request more information.

