For sale Condo

Listed Oct 17, 2026

$280,000 Est. $1,852/mo

48255 Monroe Street 5

  • 2

    Beds

  • 2

    Baths

  • 998

    Sq ft

The story

  • Waterfront

Unit 5 at 48255 Monroe Street is a 2-bedroom, 2-bathroom, two-story condo in Indio, CA with 998 sq ft of living space and 1 garage space, built in 1980. It is currently listed at $280,000, with a monthly HOA fee of $700. Highlights include a waterfront setting.

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.

Facts & features

Home type

Condo

Year built

1980

Floors

2

Price per sq ft

$281

HOA

$700 / monthly

Parking

1-car garage

Included features

  • Cooling

    Air Conditioning, Ceiling Fan(s)

  • Heating

    Baseboard

  • Appliances

    Refrigerator

  • Flooring

    Hardwood

Mortgage calculator

Estimated monthly payment

$1,852 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,490
  • Property tax $280
  • Insurance $82

Includes principal, interest, taxes & insurance.

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Listing Broker

BP Homes

Broker Name

BP Homes

Agent

Javier A Molina