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Key Details
Sold Price $1,100,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,803 sqft
Price per Sqft $392
Subdivision Terra Lago
MLS Listing ID 219082180DA
Sold Date 09/08/22
Bedrooms 4
Full Baths 3
Condo Fees $269
HOA Fees $269/mo
HOA Y/N Yes
Year Built 2005
Lot Size 8,712 Sqft
Property Description
This recently updated successful short term rental home is being offered beautifully furnished with modern furnishings inside and out! The gorgeous backyard has a custom private Pool/Spa and the home offers 4 Bedroom, 3 Bath with a 3 car garage!! This is home is priced to reflect today's current market conditions and will not last!! Let the seller's lose, be your gain! This home is located in Terra Lago community which offers a spectacular lake, walk ways, clubhouse, fitness center and is guard gated! This community does not have rental restrictions and will be a perfect investment for the savvy investor who is looking to generate passive income years to come. This vacation rental is on pace to generate $180,000 in rental in 2022. The exterior offers a fire pit, outdoor BBQ, private saltwater pool and cascading spa with spacious tanning ledge and LED color changing pool lights and has magnificent mountain views. The outdoor living area is perfect for lounging and entertaining. The well furnished family room has multiple windows looking out to the east facing mountains and has a modern linear fireplace with beautiful stacked stone as its backdrop. The flooring is newer and so are the the modern furnishings which include a pool table, 4k T.Vs, washer, dryer and everything else you can think of! This home will not last! This is the perfect buying opportunity for the buyer who's in need of a 1031 tax exchange.
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Interior Features Breakfast Area
Heating Electric, Fireplace(s)
Flooring Carpet, Tile
Fireplaces Type Gas Starter, Living Room
Fireplace Yes
Appliance Dishwasher, Freezer, Gas Cooking, Gas Range, Refrigerator, Water To Refrigerator
Exterior
Garage Driveway
Garage Spaces 3.0
Garage Description 3.0
Fence Block
Pool In Ground, Private, Salt Water
Community Features Golf, Gated
Amenities Available Clubhouse, Fitness Center, Golf Course, Lake or Pond, Barbecue, Playground, Recreation Room
View Y/N Yes
View Mountain(s)
Parking Type Driveway
Attached Garage Yes
Total Parking Spaces 6
Private Pool Yes
Building
Lot Description Sprinkler System
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 696200073
Security Features Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Katrina Eldridge • HomeSmart Realty Group