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*Luxury Lakeside Retreat with Unmatched Custom Backyard Oasis* One of the highest income producing properties in Terra Lago. This beauty of a home has grossed over $187k in verifiable bookings within the last 18 months per financials provided by the property manager. This home is a cash cow that will blow your expectations and be the perfect replacement home for your 1031 tax exchange. If you're a savvy investor and are looking for a winner to supplement your returns, look no further!! Welcome to your dream home, a stunning lakeside sanctuary nestled in the prestigious community of Terra Lago, Indio, CA.The exterior of the property entails a good-sized pool with one of the biggest Jacuzzi's in the lake that comfortably seats up to 12. The backyard has the desirable majestic south facing endless views of the lake and European style bridge that is hard to match on the lake.Located in the short-term rental-friendly community of Terra Lago with no rental restrictions, this property is perfect for generating passive income for years to come. This property can also be the perfect 1031 tax exchange to add to your real estate portfolio and wow your friends, family, and guests. This newer build has four bedrooms, 3.5 baths, 2 laundry rooms and a upstairs loft that can be converted into a 5th bedroom. Did i mention this home comes designer furnished down to every last accessory. Premier homes like this are hard to find on the lake and will not last.
Last Updated | 1/31/2025 | Tract | Terra Lago |
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Year Built | 2018 | Community | Indio North of East Valley |
Garage Spaces | 2.0 | County | Riverside |
Price History
Prior to Jan 17, '25 | $1,024,900 |
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Jan 17, '25 - Jan 20, '25 | $1,014,900 |
Jan 20, '25 - Today | $999,900 |
Additional Details
AIR CONDITIONING | Yes |
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AMENITIES | Billiard Room, Clubhouse, Fitness Center |
APPLIANCES | Dishwasher, Gas Cooking, Gas Range, Refrigerator |
AREA | Indio North of East Valley |
GARAGE | Direct Access, Garage, Yes |
HEAT | Central, Natural Gas |
HOA DUES | 300 |
LOT | 3920 sq ft |
PARKING | Direct Access,Garage |
POOL | Yes |
POOL DESCRIPTION | Electric Heat,In Ground |
STORIES | 2 |
SUBDIVISION | Terra Lago |
VIEW | Yes |
VIEW DESCRIPTION | Lake,Mountain(s) |
Location
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