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Key Details
Sold Price $880,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,122 sqft
Price per Sqft $414
Subdivision Terra Lago
MLS Listing ID 219089678DA
Sold Date 06/23/23
Bedrooms 5
Full Baths 3
Condo Fees $285
Construction Status Updated/Remodeled
HOA Fees $285/mo
HOA Y/N Yes
Year Built 2005
Lot Size 8,276 Sqft
Property Description
Huge price adjustment! Call today to see this amazing short-term rental opportunity in Terra Lago! Freshly renovated and ready for the savvy investor looking to generate passive income. Rarely on the market, SINGLE level TURKEY furnished home offers 5 bedrooms, 3 full baths, spacious great room design, and a NEW custom lap pool, spa, and outdoor kitchen in the oversized and private backyard! Currently an active Airbnb, this HOA allows Short Term Rentals! Terra Lago has low HOA dues, and great amenities, including gated community with security guard at the gate, a beautiful clubhouse, fitness center, kids pool, lap pool, kids playground, a man-made lake for paddle boats, and catch & release fishing plus internet and cable TV are included in the HOA dues. This is the perfect investment opportunity with all the amenities to attract festival-goers, and vacationers year-round!
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Interior Features Furnished
Heating Central, Forced Air
Cooling Central Air
Flooring Tile
Fireplaces Type Gas, Great Room
Fireplace Yes
Exterior
Exterior Feature Barbecue
Garage Garage, Garage Door Opener, Other
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Stucco Wall
Pool Electric Heat, In Ground, Pebble, Private
Community Features Gated
Amenities Available Clubhouse, Fitness Center, Lake or Pond, Meeting Room, Management, Meeting/Banquet/Party Room, Playground
View Y/N Yes
View Pool
Parking Type Garage, Garage Door Opener, Other
Attached Garage Yes
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description Planned Unit Development, Sprinkler System
Story 1
Entry Level One
Architectural Style Contemporary, Modern
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 696140006
Security Features Gated Community
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Vahan Sarukhanyan • Coldwell Banker Hallmark Realty
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