'Back on market, no fault of the seller. After multiple offers, one buyer's loss is your gain!' Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning designer furnished 4-be8droom, 2 and half 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 newer pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. This home comes with all the bells and whistles that you would expect in a premium and successful short term rental. This home grossed $10,000 for the month of March and gross over $15,000 of income for April! With a putting green and minimal maintenance backyard , this home will take your breath away. As a bonus, this property is priced to sell in todays market, 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.
219107775DA
Single Family, 2 Story
4
Riverside
2 Full/1 Qtr
2007
0.12
Acres
2
2,338
Sq. Ft.
Yes
- 2
spaces
Terra Lago
Cable Available
Bathrooms
2
1
Total:3
Detailed Room Information
- Bedroom(s)
- Total: 4
- Family Room
- Fireplace
Interior Features
- Appliances
- Dishwasher,Gas Range,Microwave,Refrigerator
- Flooring
- Vinyl, Carpet
- Heating
- Gas Heat. Central.
- Fireplaces
- Family Room,Gas.
- Security
- Gated Community,24 Hour Security
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 4 Parking Spaces. 0 Covered Parking Spaces. Direct Access,Garage,Garage Door Opener.
- Pool
- InGround
- Pool Description
- In Ground,Pebble,Private
- Spa
- Heated,In Ground,Private
- Lot View
- Mountain
- Fence
- Block
- Additional Exterior/Lot Features
- Sprinkler System.
Community Features
- Security Features
- Gated Community,24 Hour Security
- Complex Features
- Gated Community,24 Hour Security
Financial Considerations
$300 Monthly
696020062
Cash to New Loan
All furnishings, accessories and electronics
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