1737 sqft | 4 beds | 2 baths | #219112992
Description
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions.
Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away.
As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development.
In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.
Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
Property Details
- Parking FeaturesDirect Entrance, Total Uncovered/Assigned Spaces
- Pool DescriptionHeated, Private, In Ground
- Property SubtypeSingle Family Residence
- ViewMountain(s), Peek-A-Boo
- Sewer InformationConnected on Bond
- Cooling FeaturesAir Conditioning
- Utility FeaturesCable Available
- SubdivisionTerra Lago
- CountyRiverside
- MLS #219112992
- MLS #219112992
- Property TypePurchase
- Cost719900
- FenceBlock
- Square Feet1737
- Year Built2011
- Hoa Fees300
- Fireplaces1
- Cooling1
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories1
- Pool1
- Parking Spaces4
- Hoa1
Location
Legal
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Last Updated: . Source: CDARMLS
Listing Courtesy
Listing Agent: David Colin (#D71885)
Listing Office: HomeSmart (#oD22725)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.