48845 Renewal, Indio CA 92201 | $1,649,000

Short-Term-Rental friendly HOA ''The Montage'' is an investor's dream for huge passive income while owning a vacation home within walking distance of the Polo Grounds for Coachella & Stagecoach events. Due to its location to the festivals, golf resorts, Indian Wells tennis gardens, Joshua Tree & countless other attractions, the Montage is one of the highest-producing neighborhoods in the country on Airbnb for the past 6 years straight. It's a great, safe gated neighborhood just perfect for walks. The HOA here ALLOWS short-term rentals- which is extremely rare in Ca. This home is designed for comfort, entertainment, and high-income potential. The side grass area can easily be converted to a small pickleball court as others in the neighborhood have done to attract guests. It has an open-concept living and dining area, perfect for hosting guests and accommodating them for whatever occasion they are in town for. The spacious primary suite is a true retreat, featuring private patio access, a luxurious ensuite bathroom with a soaking tub, a standup shower, a vanity, and a large walk-in closet. The second master suite offers another private getaway with a large full bath and walk-in closet. Four bedrooms in total. Others with this same model have easily converted the side room by the kitchen into a fifth bedroom to attract larger groups. The backyard is an entertainer's paradise, complete with a private heated pool and spa, fire pit, and covered patio with ceiling fans. A pergola structure with fans has been added to the south side of the home for extra shade for the game area. A dedicated laundry room adds convenience for extended stays.Enjoy indoor and outdoor fun with a variety of games, lounge areas, and resort-style amenities as this home comes turn key & ready to start earning income. Agent has bids & drawings on pickleball ct and 5th bedroom.Call Agent Mike Smith for a private showing.

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