48255 Monroe Street, 29, Indio, CA 92201
48255 Monroe Street, 29, Indio, CA 92201
Property Description
HUGE PRICE REDUCTION - motivated seller. Bright loft condo, furnished with views out to peaceful waterways and beautifully landscaped common area. Quail Lakes is a quiet gated community with pool, hot tub & tennis courts. Large patio looks out onto green space and is well-shaded with private laundry in closet. Private attached garage included. Kitchen, dining area, desk space, living room and half bath are on lower level. Master bedroom, master bath with 2 closets are upstairs on second level. New laminate flooring upstairs and tile downstairs. Great desert getaway or investment property - simply ''lock it & leave it'' when you're not here. Association-paid water, you pay only electric. Walking distance to Polo/Festival grounds, close to shopping and multiple golf courses. Unique loft layout is very desirable to renters and location is amazing for STRs (with HOA approval and license).
Features & Amenities
Property Details
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About Quail Lakes Racquet Club
This property is located in Quail Lakes Racquet Club, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.
View Quail Lakes Racquet Club ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Quail Lakes Racquet Club · Indio · Condominium
Listed 26.5% below the median closed sale of $285,000. Price per sqft ($244) is a 18% discount to closed comps ($296).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 48255 Monroe Street | Indio | 1980 | 1 | 2 | 857 | 0 | $286 | $245,000 | 38 | 94 |
| 48255 Monroe Street | Indio | 1980 | 2 | 2 | 998 | 0 | $291 | $290,000 | 121 | 85 |
| 48255 Monroe Street | Indio | 1980 | 1 | 2 | 998 | 0 | $245 | $244,950 | 69 | 73 |
| 49156 Garland Street | Indio | 1984 | 2 | 2 | 1,140 | 0 | $281 | $320,000 | 41 | 67 |
| 47395 Monroe | Indio | 1982 | 2 | 1 | 951 | 930 | $221 | $210,000 | 48 | 67 |
| Total: 5 · Average | 1.6 | 1.8 | 988.8 | 930 | $264.8 | $261,990 | 63.4 | |||
| Median | 998 | $245,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 82815 Davis Drive | Indio | 1981 | 05/12/2026 | 2 | 1 | 704 | 762 | $239,950 | $235,000 | $334 | 0.98 | 69 | 67 |
| 82098 Cochran Drive | Indio | 1984 | 07/01/2026 | 2 | 2 | 1,140 | 1,140 | $339,000 | $339,000 | $297 | 1.00 | 60 | 66 |
| 82567 Avenue 48 | Indio | 1980 | 06/11/2026 | 2 | 1 | 704 | 871 | $258,000 | $254,000 | $361 | 0.98 | 0 | 64 |
| 48938 Eisenhower Drive | Indio | 1979 | 06/29/2026 | 2 | 2 | 1,156 | 2,614 | $315,000 | $285,000 | $247 | 0.91 | 54 | 62 |
| 47395 Monroe Street | Indio | 2002 | 05/08/2026 | 2 | 2 | 1,257 | 1,307 | $299,000 | $304,000 | $242 | 1.02 | 35 | 55 |
| Total: 5 · Average | 2.0 | 1.6 | 992.2 | 1,338.8 | $283,400 | $283,400 | $296.2 | — | 43.6 | ||||
| Median | 1,140 | $285,000 | $285,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.