Festival Rental Income and development Opportunity! Make this your primary or Investment property This gated, custom-designed cul-de-sac property is an incredible opportunity, This property offers a profitable investment and development opportunity and has a track record of success as a short-term rental. Due to its advantageous position, demand from tourists and festival attendees is guaranteed, providing prospective investors with a stable source of revenue. - Luxurious Amenities: This home radiates elegance and comfort with its six bedrooms, enormous outdoor pool, RV Parking 18 ft X 40 ft 50 amp connection, putting green and spacious entertainment areas. - Offering many growth possibilities to develop; addition of TWO pickleball courts or a sizable ''lazy river'' pool, numerous options for storing RVs and boats, and even a detached guest house, the property invites the new owner to customize it to their exact specifications, increasing its appeal to a broad spectrum of renters or making it the ideal residence for an entertainer with an abundance of toys. Steps from the iconic Indio polo fields, home of the Coachella and Stagecoach events, experience festival-inspired luxury in this highly sought-after location.
|
DAYS ON MARKET
|
95
|
LAST UPDATED
|
11/1/2024
|
|
TRACT
|
Not Applicable-1
|
YEAR BUILT
|
2006
|
|
COMMUNITY
|
Indio South of East Valley
|
GARAGE SPACES
|
3.0
|
|
COUNTY
|
Riverside
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Aug 29, '24
|
$2,399,000
|
|
Aug 29, '24 - Sep 16, '24 |
$2,349,000
|
|
Sep 16, '24 - Sep 24, '24 |
$2,299,000
|
|
Sep 24, '24 - Nov 1, '24 |
$2,199,000
|
| Nov 1, '24 - Today |
$1,999,999 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Other |
| AREA |
Indio South of East Valley |
| FIREPLACE |
Yes |
| GARAGE |
Driveway, On Street, Yes |
| HEAT |
Central |
| HOA DUES |
250 |
| INTERIOR |
Furnished |
| LOT |
0.79 acre(s) |
| LOT DESCRIPTION |
Sprinkler System |
| PARKING |
Driveway,On Street |
| POOL |
Yes |
| POOL DESCRIPTION |
In Ground,Pebble |
| STORIES |
1 |
| SUBDIVISION |
Not Applicable-1 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s) |
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Listed with Gina Fernandez, Broker
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 9:36 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
This IDX solution is (c) Diverse Solutions 2024.
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