Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away.As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development.In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
|
DAYS ON MARKET
|
165
|
LAST UPDATED
|
10/17/2024
|
|
TRACT
|
Terra Lago
|
YEAR BUILT
|
2011
|
|
COMMUNITY
|
Indio North of East Valley
|
GARAGE SPACES
|
2.0
|
|
COUNTY
|
Riverside
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR CONDITIONING |
Yes |
| AMENITIES |
Billiard Room, Clubhouse, Fitness Center |
| AREA |
Indio North of East Valley |
| FIREPLACE |
Yes |
| GARAGE |
Direct Access, Garage, Yes |
| HEAT |
Central, Natural Gas |
| HOA DUES |
300 |
| LOT |
5663 sq ft |
| LOT DESCRIPTION |
Drip Irrigation/Bubblers |
| PARKING |
Direct Access,Garage |
| POOL |
Yes |
| POOL DESCRIPTION |
Electric Heat,In Ground |
| STORIES |
1 |
| SUBDIVISION |
Terra Lago |
| UTILITIES |
Cable Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s),Peek-A-Boo |
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Listed with HomeSmart
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 3:50 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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