Description
Incredible opportunity: premier desert lakeside home in terra lago.unlock the door to unparalleled luxury and outstanding investment potential with one of the most coveted lots in terra lago lake! this exceptional property boasts **unobstructed panoramic views** of the shimmering lake and majestic mountains, offering an idyllic backdrop for guests seeking the finest in short-term rentals. nestled in a welcoming and **short-term rental-friendly community**, this listing comes with **no rental restrictions**, perfect for investors looking to capitalize on the lucrative vacation rental market. imagine initiating a **1031 tax exchange** on a property that could generate a remarkable **10-20% cap return** on investment!this lakeside gem features:- **infinity pool** ideal for soaking up the sun and enjoying breathtaking views.- a spacious lot that allows for outdoor enjoyment, whether it's lounging by the pool or creating a safe haven for kids to play.- an impressive interior with a **grand entrance** and a stunning **spiraling staircase** leading to 4 luxurious ensuite bedrooms, ensuring privacy and comfort for all guests. - a versatile loft space that can easily convert into a **5th bedroom**, adding even more value.this home comes **designer furnished** and is poised for immediate takeover, allowing you to begin generating passive income from day one! with smaller homes in the area achieving up to **$130,000** in annual gross rental income, this remarkable property has the potential to significantly outperform that benchmark.located in the vibrant city of festivals, you'll be just minutes away from the iconic coachella and stagecoach festivals each april, as well as the renowned bnp tennis tournament, ensuring that your guests will always have something to celebrate!don't miss this rare chance to enhance your real estate portfolio with this **investment marvel**. contact us today to seize this opportunity for luxury living and exceptional returns in one of the most sought-after locations!
Property Type
ResidentialCounty
RiversideStyle
ResidentialAD ID
49204289
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 4
- Full Baths: 4
- Half Baths: 0
Interior Features
- Flooring: Carpet,Tile
Cooling Features
- Air Conditioning
Heating Source
- Central,Natural Gas
- Has Heating
Fireplace
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2022
Security Features
- Security Gate,Gated Community,24 Hour Security
Pool Features
- In Ground,Private
Fencing
- Block
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1
- Lot Size Source: Assessor
- Lot Size Square Feet: 4356
-
Listing Information
Listing Price Information
- Original List Price: 1,125,000
- Listing Contract Date: 2025-04-02
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 696070064
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway
- Attached Garage: Yes
Homeowners Association
- Association: Yes
- Association Amenities: Billiard Room,Fitness Center,Meeting/Banquet/Party Room,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: 2928
- Directions: Google Maps Cross Street: Terra Lago Pkwy.
- Source Property Type: Residential
- Area: 309 - Indio North of East Valley
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 3
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 2697
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/05/2025 @ 01:32
- MLS: 219127687DA
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,697 sqft, 4,356 sized lot, and 2 parking. are nearby neighborhoods.