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Key Details
Sold Price $990,000
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 $315
Subdivision Terra Lago
MLS Listing ID 219061167DA
Sold Date 05/14/21
Bedrooms 4
Full Baths 3
Condo Fees $285
HOA Fees $285/mo
HOA Y/N Yes
Year Built 2005
Lot Size 0.370 Acres
Property Description
Calling all serious businessman/investors only! The creme of the crop in the short term vacation rental industry has just hit the market and is incomparable to any home on the market in the the $1.5 million price range and under due to its gorgeous condition, upgrades, location and potential rental icome . This gold mine of a vacation rental can easily generate between $170-200k annually. Your return on your investment cannot and will not be matched by any other vacation rental on the market; guaranteed! This is a business opportunity that a savvy investor cannot pass up! This spectacular home has too many upgrades inside and out to describe. The backyard is unrivaled with a large designer pool & spa, outdoor kitchen, outdoor bar with enough room to build a casita, putting green and volleyball court.The award-winning floor plan includes 1 master bedroom, 3 large guest BR's each with walk-in closets; large gourmet kitchen; 75'' LED T.V and a huge living area and possibly a game room. The kitchen includes high-end appliances, quartz counter tops &designer backsplash. This house is a winner from a business standpoint and for your very own oasis as well. Call me before it's too late!
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Heating Central, Natural Gas
Flooring Stone
Fireplaces Type Family Room, Gas Starter
Fireplace Yes
Exterior
Exterior Feature Barbecue
Garage Direct Access, Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Block
Pool In Ground, Private
Community Features Gated
Amenities Available Fitness Center
View Y/N Yes
View Mountain(s)
Parking Type Direct Access, Garage
Attached Garage Yes
Total Parking Spaces 7
Private Pool Yes
Building
Lot Description Corner Lot, Drip Irrigation/Bubblers, Sprinkler System
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 696200066
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 David Colin • HomeSmart