Description
Investor's dream opportunity: 4br/3ba pool home in terra lago, indio, ca!**welcome to your next investment gem nestled in the highly sought-after lake community of terra lago, indio, california! this spacious 4-bedroom, 3-bathroom pool home with a 3-car garage is not just a property; it's a prime opportunity for investors looking to maximize their returns, particularly those considering a 1031 tax exchange.**key features of this property:**- **short-term rental friendly:** enjoy unrestricted short-term rental potential in a community that thrives on tourist appeal. with indio known as the 'city of festivals,' the demand for vacation rentals remains robust throughout the year.- **higher cap rate potential:** investors will appreciate the opportunity to realize a significantly higher cap rate with this property's short-term rental capabilities, compared to traditional long-term leases. this is an ideal choice for those looking to enhance their cash flow.- **fully furnished and move-in ready:** this home comes fully furnished, ready for immediate rental or personal enjoyment. stocked with modern amenities, it allows for a seamless transition into the rental market or your next vacation spot.- **exceptional value:** priced per square foot among the best in the community, this home stands out, especially given its prime features, including a sparkling pool, stunning northwest mountain views, and the added privacy of no direct neighbors behind.- **investment-grade amenities:** recent updates include new pentair pool equipment that can be controlled remotely, dual ac units for ultimate climate control, and freshly installed artificial turf for low-maintenance outdoor living. the pool has also been recently resurfaced -- a significant cost already taken care of for you!- **outdoor kitchen ready:** build the outdoor kitchen of your dreams with the newly installed plumbing, electrical, and gas connections in place, setting you up for high-end outdoor entertaining that guests will love.**why terra lago?**lake communities with no rental restrictions are a rare find in the coachella valley and provide an exceptional long-term strategy for savvy investors. with the area thriving on seasonal events, and a high interest in vacation rental opportunities, this property guarantees minimal liability and maximum profit potential.don't miss out on this incredible opportunity!
Property Type
ResidentialCounty
RiversideStyle
ResidentialAD ID
49942605
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 3
- Full Baths: 3
- Half Baths: 0
Interior Features
- Property Appliances: Dishwasher,Gas Oven,Gas Range,Microwave,Refrigerator
- Fireplace: Family Room,Gas
- Flooring: Carpet,Tile
Cooling Features
- Air Conditioning
Heating Source
- Central,Natural Gas
- Has Heating
Fireplace
- Fireplace Features: Family Room,Gas
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 2005
Security Features
- Gated Community,24 Hour Security
Pool Features
- Electric Heat,In Ground
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.19
- Lot Size Source: Assessor
- Lot Size Square Feet: 8276
-
Listing Information
Listing Price Information
- Original List Price: 699,800
- Listing Contract Date: 2025-05-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 696100007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Direct Access,Garage
- Attached Garage: Yes
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse,Fitness Center,Lake or Pond,Playground
- Association Fee: 300
- AssociationFee Frequency: Monthly
- Calculated Total Monthly Association Fees: 300
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 309 - Indio North of East Valley
- Postal Code Plus 4: 2934
- Directions: Google Maps Cross Street: Terra Lago Pwkwy.
- Source Property Type: Residential
- Area: 309 - Indio North of East Valley
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 20
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 2595
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 06/07/2025 @ 17:12
- MLS: 219130608DA
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,595 sqft, 8,276 sized lot, and 3 parking. are nearby neighborhoods.