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48678 Cascade St, Indio, CA, 92201

6beds
5baths
3,610sqft
$2,495,000
$691price/sqft
$16,802/moest. monthly cost
$672,080/yrincome needed

About This Home

A rare opportunity to own a proven, cash flowing desert retreat with an established book of business, just moments from the Empire Polo Club.Unlike many homes currently on the market or operating in the neighborhood, this property is not speculative. It is a proven, cash flowing asset with consistent performance. The home generated over $200,000 in gross revenue last year and is on pace to exceed $250,000 this year. This is an ideal opportunity for an owner to generate income while still enjoying the home throughout the year.Located in the highly sought-after Montage at Santa Rosa and walking distance to the Coachella Valley Music and Arts Festival and Stagecoach Festival, this remodeled 7 bedroom, 4.5 bathroom home is designed for both elevated living and maximum guest appeal.The open concept interior features a spacious great room, statement fireplace, and a chef's kitchen with granite countertops, custom cabinetry, stainless steel appliances, and an oversized breakfast bar, perfect for hosting and group experiences.The backyard delivers a true resort style setting with a heated pool and spa, cascading water features, Baja shelf loungers, and expansive entertaining areas. Built to stand out in the short term rental market, the property includes a new pickleball court, putting green, bocce ball area, custom misting systems, outdoor kitchen with built in BBQ, multiple fire pits, and a fully equipped game room. Additional highlights include a private casita, home gym, EV chargers, and smart pool controls.Configured to accommodate up to 16 guests, the home is ideal for festivals, retreats, and large group stays, driving strong occupancy and repeat bookings.With close proximity to golf, dining, Acrisure Arena, Indian Wells Tennis Garden, and El Paseo, this is a turnkey, high performing asset in one of the desert's most in demand short term rental corridors. The Airbnb link, financials and booking history are available upon request.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2004

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Microwave,Refrigerator

Bathroom

  • Features: Bathtub,Separate Shower,Tile Counters,Tub Shower,Vanity

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Separate/Formal Dining Room,Open Floorplan,Recessed Lighting,Primary Suite
  • Flooring: Tile
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,610 sqft

Kitchen

  • Features: Granite Counters

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 602410024
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground
  • Spa features: In Ground,Private
  • Fencing: Brick
  • Has view: Yes
  • View description: Mountain(s),Pool

Lot

  • Lot size: 0.33 Acres
  • Features: Back Yard,Front Yard,Sprinkler System

Parking

  • Total spaces: 3
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,616$151,392
Home Insurance *$601$7,212
Property Taxes $2,811$33,732
Electricity $774$9,289
Total$16,802$201,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$576,068/yr
40% on housing$504,060/yr
45% on housing$448,053/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$691This listing

vs Other Active Listings

Avg $/sqft

ZIP 92201$208
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92201$306
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Listed for sale$2,495,000
2023-07-18Sold$1,670,000
2018-08-20Sold$762,000
2005-04-01Sold$640,500

For Sale by Agent

AgentTyson Hawley
BrokerageDesert Sotheby's Int'l Realty

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