*Luxury Lakeside Retreat with Unmatched Custom Backyard Oasis* One of the highest income producing properties in Terra Lago. This beauty of a home has grossed over $180k in verifiable bookings within the last 18 months per financials provided by the property manager. This home is a cash cow that will blow your expectations and be the perfect replacement home for your 1031 tax exchange. If you're a savvy investor and are looking for a winner to supplement your returns, look no further!! Welcome to your dream home, a stunning lakeside sanctuary nestled in the prestigious community of Terra Lago, Indio, CA.The exterior of the property entails a good-sized pool with one of the biggest Jacuzzi's in the lake that comfortably seats up to 12. The backyard has the desirable majestic south facing endless views of the lake and European style bridge that is hard to match on the lake.Located in the short-term rental-friendly community of Terra Lago with no rental restrictions, this property is perfect for generating passive income for years to come. This property can also be the perfect 1031 tax exchange to add to your real estate portfolio and wow your friends, family, and guests. This newer build has four bedrooms, 3.5 baths, 2 laundry rooms and a upstairs loft that can be converted into a 5th bedroom. Did i mention this home comes designer furnished down to every last accessory. Premier homes like this are hard to find on the lake and will not last.
DAYS ON MARKET
|
7
|
LAST UPDATED
|
1/2/2025
|
TRACT
|
Terra Lago
|
YEAR BUILT
|
2018
|
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 |
APPLIANCES |
Dishwasher, Gas Cooking, Gas Range, Refrigerator |
AREA |
Indio North of East Valley |
GARAGE |
Direct Access, Garage, Yes |
HEAT |
Central, Natural Gas |
HOA DUES |
300 |
LOT |
3920 sq ft |
PARKING |
Direct Access,Garage |
POOL |
Yes |
POOL DESCRIPTION |
Electric Heat,In Ground |
STORIES |
2 |
SUBDIVISION |
Terra Lago |
VIEW |
Yes |
VIEW DESCRIPTION |
Lake,Mountain(s) |
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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 1/9/25 9:37 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
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