
48255 Monroe Street, 5, Indio, CA 92201
48255 Monroe Street, 5, Indio, CA 92201
Property Description
SHORT SALE -- all offers subject to third-party lender approval. Top-floor condo with water views in the gated Quail Lakes Racquet Club, two blocks from the Empire Polo Grounds and minutes from Coachella and Stagecoach. Upgraded 2 bedroom, 2 bath, approximately 1,000 sq ft with bamboo flooring, custom paint, vaulted ceilings, and a remodeled kitchen with custom cabinetry, solid-surface countertops and stainless steel appliances. The living room opens to a private balcony overlooking the lakes, streams and waterfalls. The primary suite offers high ceilings, balcony access, mirrored wardrobes and an ensuite bath. In-unit laundry, one-car garage, and HVAC. HOA dues cover gas, water and trash. Residents enjoy a pool, spa, clubhouse, tennis and pickleball courts, and walking paths through landscaped grounds. Close to shopping, dining, golf and Highway 111 -- suited to full-time living, a seasonal retreat, or an investment. Year-round events at the Polo Grounds bring steady visitors to the area; buyer to verify HOA rental rules and any city permit requirements before counting on rental use. Seller is actively working with the lender and all written offers will be submitted for review. Buyer to verify all information including square footage, HOA dues, assessments and rental restrictions.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
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 3.7% above the median closed sale of $270,000.
Price Position
Aligned with the market — fair pricing for the comps.
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 | 550 | $280 | $239,900 | 62 | 89 |
| 47395 Monroe Street | Indio | 1982 | 2 | 2 | 1,041 | 1,070 | $274 | $285,000 | 36 | 81 |
| 47395 Monroe Street | Indio | 1982 | 2 | 2 | 1,021 | 1,000 | $283 | $289,000 | 221 | 79 |
| 49156 Garland Street | Indio | 1984 | 2 | 2 | 1,140 | 0 | $248 | $282,900 | 48 | 78 |
| 82058 Odlum Drive | Indio | 1975 | 2 | 1 | 957 | 2,934 | $272 | $260,000 | 58 | 74 |
| Total: 5 · Average | 1.8 | 1.8 | 1,003.2 | 1,388.5 | $271.4 | $271,360 | 85 | |||
| Median | 1,021 | $282,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48255 Monroe Street | Indio | 1980 | 11/20/2025 | 2 | 2 | 998 | 871 | $279,000 | $275,000 | $276 | 0.99 | 19 | 91 |
| 48255 Monroe Street | Indio | 1980 | 02/13/2026 | 1 | 2 | 857 | 0 | $249,000 | $242,000 | $282 | 0.97 | 155 | 86 |
| 48255 Monroe | Indio | 1980 | 01/07/2026 | 2 | 2 | 998 | 0 | $240,000 | $240,000 | $240 | 1.00 | 68 | 80 |
| 49041 Eisenhower Drive | Indio | 1981 | 09/10/2026 | 2 | 2 | 1,168 | 867 | $295,000 | $270,000 | $231 | 0.92 | 23 | 79 |
| 47395 Monroe Street | Indio | 2002 | 03/08/2026 | 2 | 2 | 942 | 1,307 | $295,000 | $295,000 | $313 | 1.00 | 120 | 73 |
| Total: 5 · Average | 1.8 | 2.0 | 992.6 | 1,015 | $264,400 | $264,400 | $268.4 | — | 77 | ||||
| Median | 998 | $270,000 | $270,000 | ||||||||||
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.