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Key Details
Sold Price $1,010,000
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 $321
Subdivision Terra Lago
MLS Listing ID 219080352DA
Sold Date 08/01/22
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
On your mark, set go!! Here's an absolute masterpiece of a property for sale in the highly sought after community of Terra Lago with no rental restrictions. This property is a successful vacation rental that is being offer turn-key and is furnished for today's short term rental needs and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $130,000 yearly in vacation rental income and this listing will do the same or more. This home has a three car garage, unobstructed gorgeous eastern mountain views from the backyard pool and murals for the wow factor that your guest will love. The interior has a desirable wide open floor plan that encompasses all the living areas. There's four bedrooms, three baths and a potential to convert to a desired fifth bedroom. This home is a definite winner and will stand out amongst the competition in the community. This investment property will be a great addition to your real estate portfolio. If you're looking for a property to generate residual income for years to come, then look no further!
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Heating Central
Flooring Carpet, Tile
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Dishwasher, Freezer, Gas Cooktop, Gas Range, Microwave, Refrigerator
Exterior
Garage Driveway
Garage Spaces 3.0
Garage Description 3.0
Fence Block
Pool In Ground, Private
Community Features Gated
Amenities Available Clubhouse, Fitness Center, Lake or Pond, Meeting/Banquet/Party Room, Barbecue, Playground, Recreation Room, Cable TV
View Y/N Yes
View Mountain(s)
Parking Type Driveway
Attached Garage Yes
Total Parking Spaces 5
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 696200075
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 David Colin • HomeSmart
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692