Homes for sale - 47705 Tulip, Indio, CA 92201

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Michelle Esquivel

michelle@michellehomesellingteam.com +1(626) 210-4088

$ 850,000

Est. payment | -/mo

4 Beds

3 Baths

1,750 SqFt

Save

$ 850,000

Est. payment | -/mo

Save

4 Beds

3 Baths

1,750 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $485

Subdivision The Verandas (31480)

MLS Listing ID OC25234364

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1995

Lot Size 7,840 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to Mariposa House—your turnkey desert oasis and proven 5-star short-term rental! This fully remodeled 5BD/3BA home is a great income-producing STR and could be a beautiful primary residence, featuring an open layout, updated kitchen with modern appliances, new flooring and showers, and Smart TVs in every bedroom. Offered fully furnished, including kitchenware and linens, it is truly move-in ready. The resort-style backyard includes a gated pool and spa, outdoor movie projector, putting green, pool table, shaded gazebo with lounge seating, grill, and full poolside bathroom—perfect for entertaining, relaxing, or hosting guests. Investors will appreciate the strong rental history and festival-season demand with income potential starting day one, while families and end-users will love the spacious layout, safety-gated pool, and versatile outdoor living. Currently operating as a successful STR, the home is offered fully furnished with potential annual gross revenue over $103,000 and cap rates up to 8.4% (self-managed) or 6.8% (professionally managed), making it an ideal choice for those seeking a proven income property, a serene getaway, or a unique desert home in one of the area's most desirable locations.

Location

State CA

County Riverside

Area 314 - Indio South Of East Valley

Rooms

Main Level Bedrooms 5

Interior

Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite

Heating Central

Cooling Central Air

Fireplaces Type None

Inclusions All Furniture, Furnishings, Appliances, TVs and all other personal property used to operate this Short-Term Rental

Fireplace No

Appliance Dryer, Washer

Laundry Inside, Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool Heated, In Ground, Pebble, Private

Community Features Biking, Sidewalks

View Y/N Yes

View Pool

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Desert Sands Unified

Others

Senior Community No

Tax ID 600253018

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Keith Powers Alta Realty Group CA, Inc 714-402-1357

+1(626) 210-4088

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

47705 Tulip Indio, CA 92201