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Indio,CA 92203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,371 sqft
Price per Sqft $303
Subdivision Terra Lago
MLS Listing ID 219116501DA
Bedrooms 4
Full Baths 3
Condo Fees $274
HOA Fees $274/mo
HOA Y/N Yes
Year Built 2008
Lot Size 6,098 Sqft
Property Description
On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity. This property is a successful part- time vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $120,000 yearly in vacation rental income and this listing will do the same or more. The backyard is ready for entertaining with a custom firepit, covered patio, large pool & spa with room to add a water slide, putting green, newer aluma-wood patio, outdoor pool table and has gorgeous mountain views. The interior offers four bedrooms, three baths and three car garage. The interior has newer furnishings, newer flooring, newer paint and many more upgrades to list. The upstairs master bedroom has a private balcony with beautiful southern views of the Santa Rosa mountains and also overlooks the community lake. This home is a winner, is being offered furnished and is ready to start generating income immediately! This will be a great 1031 tax exchange purchase to generate passive income for many years to come. Don't overlook the fact that this is one of very few communities that still allows short term rentals and this community is a hidden gem!
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Interior Features Breakfast Area,Bedroom on Main Level
Heating Central,Natural Gas
Flooring Carpet,Tile
Fireplaces Type Family Room,Gas
Inclusions All furnishings
Fireplace Yes
Appliance Dishwasher,Ice Maker,Microwave,Refrigerator
Exterior
Garage Direct Access,Driveway,Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Block
Pool In Ground,Salt Water
Community Features Gated
Amenities Available Billiard Room,Clubhouse,Fitness Center,Lake or Pond,Meeting/Banquet/Party Room,Barbecue,Security,Trail(s),Cable TV
View Y/N Yes
View Lake,Mountain(s)
Parking Type Direct Access,Driveway,Garage
Attached Garage Yes
Total Parking Spaces 5
Private Pool Yes
Building
Lot Description Sprinkler System
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 696100057
Security Features Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard