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46215 Cottonwood Lane Indio, CA 92201
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Key Details
Sold Price $723,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,971 sqft
Price per Sqft $367
Subdivision Shields Ranch
MLS Listing ID PW-25041470
Sold Date 03/28/25
Bedrooms 5
Full Baths 3
Year Built 1998
Lot Size 6,098 Sqft
Property Sub-Type Single Family Residence
Property Description
Attention Investors! We are excited to present this exceptional opportunity in Indio. This spacious, renovated home has no HOA and is currently operating as a successful turn-key, highly rated short-term rental. It is being sold fully furnished, managed by Avantstay, licensed for 14 guests and ready for immediate income generation. This beautiful, two-story home features 5 bedrooms, 3 bathrooms, and a 2-car garage that has been converted into a media room. The open floor plan and laminate flooring throughout create a comfortable and inviting atmosphere. The current owners invested extensively into upgrades to the property, including a new construction heated in-ground pool, jacuzzi, built-in fire pit, grill, bar and a manicured front and backyard landscape- perfect for outdoor entertaining. The upgraded kitchen features wood cabinets, a pantry, a granite-topped island, and ample counter space. It flows into a versatile space suitable for a formal dining room or family room, complete with a fireplace. The main floor also includes a large bedroom with a double-door closet, a full bathroom, and a laundry room. Upstairs, you will find four more bedrooms. Three of these bedrooms are generously sized with large closets and plenty of storage space. The spacious primary bedroom offers a large closet, an en suite bathroom, and a double glass door leading to a private deck. This turnkey property presents an amazing investment opportunity. Centrally located to world renowned festivals like Coachella, stagecoach and the new Acrisure Arena. Not to mention, attractions like Disney Cotino, Palm Springs and many more that drive year round demand, don't miss this opportunity in Indio.
Location
State CA
County Riverside
Area 311 - Indio Central
Interior
Interior Features Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Two Story Ceilings, Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Laminate
Fireplaces Type Fire Pit, Living Room, Outside
Laundry Dryer Included, In Closet, Washer Included
Exterior
Exterior Feature Barbeque Private, Lighting
Parking Features Driveway
Garage Spaces 2.0
Pool Private, Heated, In Ground
Community Features Sidewalks, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Mountain(s)
Building
Lot Description Sprinklers, Front Yard, Landscaped, Lawn, Patio Home, Sprinkler System, Treed Lot, Yard, Back Yard
Sewer Private Sewer
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