$1,190,000
$1,249,900
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
3,142 SqFt
SOLD DATE : 07/13/2022
Key Details
Sold Price $1,190,000
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 $378
Subdivision Terra Lago
MLS Listing ID 219078088
Sold Date 07/13/22
Bedrooms 4
Full Baths 3
HOA Fees $275/mo
HOA Y/N Yes
Year Built 2005
Lot Size 10,019 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 ''The James Bond Home'' 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 with future bookings, 23 five star reviews and the AIRBNB listing will come intact so you won't have to start your listing from scratch. 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 and more for years down the line. This corner property is a beauty which has an expansive premium corner lot with over 10,000 sqft of land with no neighbors to the west and north side which is very desired. This home has two garages. One being a standard two car and the other a separate single car parking which can be converted to a 5th bedroom. The home has a recently renovated backyard with newer linear firepit, custom concrete bench, newer custom built BBQ with sitting area, newer landscaping, large covered patio and multiple seating areas for the perfect backyard to entertain. The interior has a desirable wide open floor plan with a newer 18 foot slider in the living room; opening up to the backyard giving it a dramatic indoor/outdoor setting.
The kitchen is second to none with a custom 15 foot kitchen island that seats up to 10 people and overlooks a second living area. The kitchen cabinets are newer and so are the appliances. The kitchen is amazing in any setting and is sure to delight your family and or guests. There's been recent new upgrades completed throughout the interior of the home ranging from newer flooring, newer paint and many more upgrades which must be seen to appreciate. If you're searching for the perfect vacation rental investment look no further than this one. This property is the king of the crop and is better than any other that has sold in this community or neighboring communities were home prices command north of $2,000,000. If you're looking for a great return on your investment now and for the foreseeable future this is the property to own. Don't waste a minute and call me now before you're to late buying this masterpiece of a property.
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Central
Cooling Air Conditioning
Fireplaces Number 1
Fireplaces Type Gas
Furnishings Furnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 3.0
Pool Heated, Private, In Ground
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Story 1
Entry Level One
Sewer In Street on Bond
Level or Stories One
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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