$1,050,000
$1,099,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
3,142 SqFt
SOLD DATE : 08/15/2022
Key Details
Sold Price $1,050,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,142 sqft
Price per Sqft $334
Subdivision Terra Lago
MLS Listing ID 219080350DA
Sold Date 08/15/22
Bedrooms 4
Full Baths 3
Condo Fees $254
HOA Fees $254/mo
HOA Y/N Yes
Year Built 2005
Lot Size 0.270 Acres
Property Description
On your mark, set go!! Here's an absolute masterpiece of a property for sale in the highly sought after community of Terra Lago with no rental restrictions. This property is a successful 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 $130,000 yearly in vacation rental income and this listing will do the same. This coveted corner lot beauty has an expansive premium lot with over 11,500 sqft of land that is rare in the community and also has the largest floor plan in the whole community. This home has a three car garage, gorgeous mountain views from the backyard pool, outdoor murals for the wow factor, outdoor kitchen and multiple seating areas. There's also a very peaceful water feature that can be enjoyed in the lovely mornings over coffee or evenings with a beverage in hand. The interior has a desirable wide open floor plan which faces the kitchen and all other common areas. All the restrooms have been masterly upgraded with high-end finishes. The interior also boasts a $10,000 audio system throughout the home and is tastefully furnished for todays short term rental needs. This property stands out amongst the competition and will be a great addition to your real estate portfolio and will generate residual income of for years to come. Add this home to your must-see list of properties.
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Heating Central
Flooring Carpet, Tile
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Garage Direct Access, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool Electric Heat, In Ground
Community Features Gated
Amenities Available Clubhouse, Fitness Center, Lake or Pond, Barbecue, Picnic Area, Playground, Cable TV
View Y/N Yes
View Mountain(s)
Attached Garage Yes
Total Parking Spaces 6
Private Pool Yes
Building
Lot Description Drip Irrigation/Bubblers, Sprinkler System
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 696200088
Security Features Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Yasmin Tobey • Desert Sotheby's Int'l Realty