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Key Details
Sold Price $1,185,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,926 sqft
Price per Sqft $615
MLS Listing ID CROC23220316
Sold Date 02/23/24
Bedrooms 4
Full Baths 2
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2012
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Welcome to this extraordinary lakefront home in the highly sought-after 20-acre, 24/7 guard gated community of Terra Lago in City of Festivals, Indio. Featuring 4 beds, 2 baths, and 1,926 SF, this detached single family home has the largest lake frontage in the community, the best views of the canals, & breathtaking sunsets. This unbeatable and desirable lakefront location property is perfect for all buyers including secondary owners and especially for STR investors who want to rent or enjoy their home. This home is great for passive income as it generates over six-figures of annual rental income - a result of being in one of the very few friendly STR HOAs in the greater Palm Springs area. HOA permits unlimited short-term rentals. With year-round events including art festivals, world renowned Coachella & Stagecoach music festivals, & 5-star golf courses including the Golf Club at Terra Lago, this home benefits from the continual flow of tourism that drives short-term vacation rentals year-round. Inside the home, you’ll find open-concept living with floor to ceiling stone fireplace & 75†LED TV. Modern gourmet kitchen has quartz countertops and quartz waterfall feature. Backyard amenities include salt water pool, 14-person spa, putting green, 2 natural gas fire features, outdo
Location
State CA
County Riverside
Area Listing
Interior
Interior Features Breakfast Bar, Stone Counters, Kitchen Island
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile
Fireplaces Type Living Room
Fireplace Yes
Window Features Double Pane Windows
Appliance Dishwasher, Gas Range, Microwave, Free-Standing Range
Laundry Laundry Room
Exterior
Exterior Feature Other
Garage Spaces 2.0
Pool In Ground, Spa
Utilities Available Sewer Connected, Cable Available, Natural Gas Connected
View Y/N true
View Lake, Other, Bridges
Handicap Access Other
Parking Type Attached, Other
Total Parking Spaces 4
Private Pool true
Building
Lot Description Street Light(s)
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Desert Sands Unified
Others
Tax ID 696040008
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with ChrisWalker