Calling all savvy investors! This 3,142 sq ft property in the desirable Terra Lago community is a prime investment opportunity with incredible income potential. Boasting 4 bedrooms, 3 baths, and an additional futon room that functions as a versatile 5th bedroom, this home is designed to maximize short-term rental income and ROI. Your guests will enjoy the upscale furnishings, including luxury vinyl plank flooring, a premium pool heater, putting green, and a fully-equipped game room, this property is a turnkey and ready for your next guests!Short-term rental approval and an active rental history ensure immediate income generation, making this property a profitable venture from day one. What truly sets it apart is the $150,000 Teserra saltwater pool and spa--the largest in Terra Lago--situated on the community's largest lot. This standout feature will captivate guests looking for a luxurious and serene getaway, further boosting your rental appeal.Located on a sprawling half-acre lot at the end of a quiet cul-de-sac, the home offers ultimate privacy, ensuring high occupancy rates year-round. With a spacious 3-car garage and a driveway that accommodates 10+ cars, this property caters to the needs of larger groups, making it even more attractive to renters.Seize this incredible opportunity to capitalize on Terra Lago's booming vacation rental market and start generating substantial returns today!
|
DAYS ON MARKET
|
73
|
LAST UPDATED
|
11/25/2024
|
|
TRACT
|
Terra Lago
|
YEAR BUILT
|
2005
|
|
COMMUNITY
|
Indio North of East Valley
|
GARAGE SPACES
|
3.0
|
|
COUNTY
|
Riverside
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Nov 25, '24
|
$1,495,000
|
| Nov 25, '24 - Today |
$1,420,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Billiard Room, Controlled Access, Fitness Center, Lake or Pond, Other |
| APPLIANCES |
Dishwasher, Refrigerator |
| AREA |
Indio North of East Valley |
| FIREPLACE |
Yes |
| GARAGE |
Driveway, Yes |
| HEAT |
Central |
| HOA DUES |
285 |
| INTERIOR |
All Bedrooms Down, Breakfast Bar, Separate/Formal Dining Room |
| LOT |
0.47 acre(s) |
| LOT DESCRIPTION |
Planned Unit Development, Sprinkler System |
| PARKING |
Driveway |
| POOL |
Yes |
| POOL DESCRIPTION |
In Ground |
| STORIES |
1 |
| SUBDIVISION |
Terra Lago |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s),Peek-A-Boo,Pool |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
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 11:50 AM 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.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email