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$ 8,995,000

81870 Sandy Court
Indio, CA, US


Summary

Beds

19

Baths

11

Sq Ft.

10,737

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.

Facts

MLS# NP22139700

Property Type

  • Luxury Listings
  • Residential
  • Single Family Detached
  • Other Style
  • House

Property Details

  • Status
    Sale
  • Postal Code
    92201
  • Lot Area
    6.3 Acres
  • Year Built
    2008
  • Building Feature
    Air Conditioning, Garage
  • Septic
    City sewer
  • Special Program
    Global Luxury
  • Water Source
    City/mains water


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81870 Sandy Court
Indio, California, United States

Property brochure

Multiple pages


Contains
  • Detailed description of the property.
  • Agent contact info
  • High definition images of the property

81870 Sandy Court
Indio, California, United States
Static flyer

Marketing flyer

1-2 Pages


Contains
  • Detailed description of the property.
  • Agent contact info
  • High definition images of the property

Timothy Smith

Sales Associate
License #01346878
Coldwell Banker Realty
840 Newport Center Dr Ste 100
Newport Beach, CA 92660

Contact Me

81870 Sandy Court
81870 Sandy Court Indio California 92201
Phone: 81870 Sandy Court Map

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