Property Description

Exceptional multi-generation compound with significant income opportunity. With high-end rental properties becoming more and more desirable in today’s market, Indio’s prized Strut Oasis presents a once-in-a-lifetime opportunity to capitalize on current trends and reap tremendous rewards. Discover five contiguous properties spanning over six acres near Coachella’s festival grounds at the Empire Polo Club, which hosts the world-famous Coachella and Stagecoach music festivals. Two luxurious rental homes are currently on pace to produce over $900,000 in annual rental income; a third home offers renovation opportunities; and two additional rental homes can be built on large lots to increase total annual rental income to more than $2 million, per current projections. The homes provide above-market rental income during festivals and at-market rental income throughout the rest of the year. With their enviable proximity to events attended by more than 100,000 people, the Strut Oasis offers a unique opportunity to enjoy and grow a very profitable rental income stream. Properties at the compound include 81870 Sandy Ct. with a 57,499 SF lot and a remodeled 7-bedroom, 5-bath home of 4,497 SF; 81871 Sandy Court with a 57,499 SF lot and a remodeled 7-bedroom, 3-bath home of 3,453 SF; 48755 Southview Pl. with a 57,000 SF lot and a 5-bedroom, 3-bath home of 2,786 SF; 48753 Southview Pl. spanning 43,560 SF; and lot 1 APN: 616-370-080,081-083, which measures 43,560 SF. All measurements are approximate. Resort-caliber amenities vary per property and include large swimming pools, spas, sand volleyball, romantic open-air fireplaces, a putting green, hammocks, on-trend interior design, exquisite finishes and fixtures, state-of-the-art audio and video, billiards, top-tier linens, sprawling lawns, generous garage and driveway parking, and open-concept floor plans. Two side-by-side villas can be rented together to combine the cul-de-sac properties into one large estate featuring a total of 14 bedrooms, 8 bathrooms, nearly 8,000 square feet of interior space, and approximately 2.6 acres of resort grounds. Tickets for 2023’s Coachella Valley Music and Arts Festival are already selling, making this the ideal time to make the fabulous Strut Oasis your very​​‌​​​​‌​​‌‌​‌‌​​​‌‌​‌​‌​‌​​​‌​​ own.

Features
: Private, In Ground
: Central
: Central Air
: Master Bedroom, Outside
: Covered, Patio
: 8
: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Freezer, Range Hood, Built-in Range
: Management
: Rural
: Garage, Driveway
$0
: Public Sewer
: Private
Address Map
US
CA
Riverside
Indio
92201
81870 Sandy Court
0
W117° 45' 37.4''
N33° 41' 42.1''
Additional Information
Coldwell Banker Realty
Tim Smith
$60
Monthly
11
0 Sqft
$0
13
13
Cross Street: 49th
: Photovoltaics Seller Owned, Standard
$0
Mountain Vista
: Lighting, Barbecue, Sport Court, Fire Pit
: Tile, Wood
8
Coachella Valley
: Pantry, Ceiling Fan(s), Bedroom On Main Level, Walk-in Closet(s), Recessed Lighting, Walk-in Pantry
1
tim@timsmithgroup.com
Cash to New Loan
: Landscaped, Lot Over 40000 Sqft, 2-5 Units/acre
$0
Cahuilla Desert Academy
1
616370005
1
: Standard
1
: House
$0
Click Here
: Plantation Shutters
U10153
U6312
39

Residential

81870 Sandy Court, Indio, California92201

19 Bedrooms
11 Bathrooms
10,737 Sqft
$8,995,000
Listing ID #NP22139700
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NP22139700
Price : $8,995,000
Bedrooms : 19
Bathrooms : 11
Square Footage : 10,737 Sqft
Year Built : 2008
Lot Area : 274,428 Sqft
Status : Active
Property Sub Type : Single Family Residence
Agent info
Contact Agent
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