REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Dec

Thu

Dec

Fri

Dec

Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,420,000

Est. payment - /mo

4 Beds

3 Baths

3,142 SqFt

Save Virtual Tour Video Tour

UPDATED:

11/25/2024 04:22 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,142 sqft

Price per Sqft $451

Subdivision Terra Lago

MLS Listing ID 219116687DA

Bedrooms 4

Full Baths 2

Three Quarter Bath 1

Condo Fees $285

HOA Fees $285/mo

HOA Y/N Yes

Year Built 2005

Lot Size 0.470 Acres

Property Description

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!

Location

State CA

County Riverside

Area 309 - Indio North Of East Valley

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplaces Type Living Room

Inclusions Turnkey per inventory list

Fireplace Yes

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Driveway

Garage Spaces 3.0

Garage Description 3.0

Pool In Ground

Community Features Gated

Amenities Available Billiard Room, Controlled Access, Fitness Center, Lake or Pond, Other

View Y/N Yes

View Mountain(s), Peek-A-Boo, Pool

Attached Garage Yes

Total Parking Spaces 7

Private Pool Yes

Building

Lot Description Planned Unit Development, Sprinkler System

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 696140021

Security Features Gated Community,24 Hour Security

Acceptable Financing Conventional, FHA

Listing Terms Conventional, FHA

Special Listing Condition Standard

Read Less Info

Listed by Angela Maciel-Gibbons • HomeSmart

Get More Information

Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

84750 Idrovia CT Indio, CA 92203

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Get More Information