|
**Stunning Serene Lake Home - Unbeatable Value in Terra Lago!****Price:** $160,000 BELOW its nearest competitor!Welcome to your dream escape in the prestigious Terra Lago community! Nestled on the highly sought-after side of the lake, this enchanting 4-bedroom, 3-full-bath home boasts unparalleled comfort and stunning natural beauty, all at a price that's significantly lower than comparable properties on the market. With a generous lot size and detached structure, you'll enjoy the privacy and spaciousness that the other side of the lake simply can't offer.**Property Highlights:**- **4 Bedrooms & 3 Full Baths:** Perfect for family gatherings or entertaining friends, this home comes fully furnished, allowing you to move right in with ease.- **Impressive Outdoor Oasis:** Step outside to your private paradise featuring a large pool and spa, expansive covered patio, and breathtaking views of the lake, mountains, and the picturesque European-style bridge. Ideal for summer barbecues and sunset soirees!- **Investment Potential:** Comparable short-term rentals in the area have generated up to $140,000 in annual gross income, making this property not only a beautiful retreat but also a lucrative investment opportunity. This home is ready to start generating passive income immediately!- **Community Amenities:** Enjoy the added peace of mind from 24-hour guard-gated security, alongside access to a beautiful lake, lush green belts, parks, sidewalks, playgrounds, and a clubhouse featuring a fitness center - perfect for an active lifestyle.*Prime Location:** Located in the vibrant city of Indio, known as the 'City of Festivals,' you'll be just minutes away from legendary events like Coachella and Stagecoach. Additionally, exciting developments like futuristic wave parks are on the horizon, positioning this area for explosive growth in the coming years.This lake home presents a rare opportunity to secure a premier investment in a community rich with amenities and potential. Whether you're seeking a vacation retreat, a smart addition to your real estate portfolio, or a strategic 1031 tax exchange purchase, this property is a must-see! On average short-term rentals generate a much higher return on your investment than long-term rentals and you can also enjoy it yourself or the family!*Don't miss your chance - properties like this at such an attractive price piqued for high returns are hard to come by! Contact us today for your private showing!
Last Updated | 3/18/2025 | Tract | Terra Lago |
---|---|---|---|
Year Built | 2010 | Community | Indio North of East Valley |
Garage Spaces | 2.0 | County | Riverside |
Additional Details
AIR CONDITIONING | Yes |
---|---|
AMENITIES | Barbecue, Cable TV, Clubhouse, Fitness Center, Lake or Pond, Management, Playground, Recreation Room, Security |
APPLIANCES | Dishwasher, Gas Range, Microwave, Refrigerator, Water To Refrigerator |
AREA | Indio North of East Valley |
GARAGE | Driveway, Yes |
HEAT | Central, Natural Gas |
HOA DUES | 300 |
LOT | 6970 sq ft |
LOT DESCRIPTION | Sprinkler System |
PARKING | Driveway |
POOL | Yes |
POOL DESCRIPTION | In Ground,Pebble,Private |
STORIES | 1 |
SUBDIVISION | Terra Lago |
UTILITIES | Cable Available |
VIEW | Yes |
VIEW DESCRIPTION | Canal,Lake,Mountain(s) |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.