$1,000,000
$1,050,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,803 SqFt
SOLD DATE : 01/27/2022
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,803 sqft
Price per Sqft $356
Subdivision Terra Lago
MLS Listing ID 219071670
Sold Date 01/27/22
Bedrooms 4
Full Baths 3
HOA Fees $274/mo
HOA Y/N Yes
Year Built 2005
Lot Size 8,276 Sqft
Property Description
On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental rightfully called the ''Music House'' for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity in the Coachella Valley. This property is a successful vacation rental with an experienced property management team at the helm. This vacation rental is being offer turn-key furnished with higher-end furnishings and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $175,000 yearly in vacation rental income and this listing will do the same or more. This lot is a beauty which has an expansive premium corner lot with over 8,000 sqft of land with no neighbors to the south side which is desired. This home has a three car garage, recently renovated backyard with newer linear firepit, custom concrete bench, newer custom built BBQ with sitting area, hanging Edison lights, newer landscaping with artificial turf, large covered patio and multiple seating areas for the perfect backyard to entertain. The interior has a desirable wide open floor plan and kitchen which faces the family room and has gorgeous views of the pool area. There's been recent new upgrades throughout the interior of the home newer flooring, newer paint and many more upgrades which must be seen! You will not find a comparable property at this price point that will get the attention and generate the income for a great return on your investment like this home. This home is a winner and is ready to start generating income immediately! Call me directly before you're a minute too late and the property is sold!
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Central, Natural Gas
Cooling Air Conditioning
Fireplaces Number 1
Fireplaces Type Gas
Furnishings Furnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 3.0
Fence Block
Pool Private, In Ground
Utilities Available Cable Available
View Y/N false
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Assessments
Level or Stories One
Others
HOA Fee Include Building & Grounds,Cable TV,Security
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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