$900,000
$949,900
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,366 SqFt
SOLD DATE : 12/18/2023
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,366 sqft
Price per Sqft $380
Subdivision Terra Lago
MLS Listing ID 219094869
Sold Date 12/18/23
Bedrooms 4
Full Baths 3
HOA Fees $275/mo
HOA Y/N Yes
Year Built 2022
Lot Size 7,800 Sqft
Property Description
Escape reality and step into luxury with this brand new 5 bedroom, 3 and a quarter bath home, complete with all the amenities you need for your dream staycation. Enjoy a refreshing dip in the new pool or heated spa, gather around the sunken firepit that seats up to 10, or practice your putting skills on the 4 hole putting green. You'll never want to leave this oasis, complete with a custom BBQ, artificial grass, and stunning views of the mountains, park, and lake.
Inside the home, you'll find each of the five bedrooms thoughtfully designed with comfort in mind. The loft upstairs boasts views of the lake and mountains, as do all of the bedrooms. The master bedroom features a private balcony with breathtaking Western mountain views and an ensuite bathroom. Be prepared to be dazzled by the modern kitchen featuring black quartz countertops and ample cabinet space perfect for creating gourmet meals.
Nestled on a special corner lot with only one neighbor and situated across the lake from a picturesque European-style bridge, this home is located in Terra Lago, a gated community in the city of festivals. A short drive away, you'll find some of the most popular festivals in the country with Coachella and Stagecoach taking place in the community. Terra Lago is also a favorite spot for short-term vacation rentals, making it an ideal investment opportunity for those looking for a vacation home with plenty of earning potential.
Luxury and relaxation await in this stunning home, making it the perfect place to create unforgettable memories with family and friends. Don't miss out on your chance to own an exceptional retreat in a sought-after location. Vacation rental properties in this community can easily generate north of $15,000 a month in gross rental income making this a great purchase for a 1031 tax exchange or as a property to hedge against inflation and generate passive income. Come and see what all the rage is about in the ever popular Coachella Valley desert!
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 Unfurnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 2.0
Fence Block
Pool Private, Salt Water, In Ground
View Y/N true
View Lake, Mountain(s), Panoramic, Park/Green Belt, Trees/Woods
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer In, Connected and Paid
Level or Stories Two
Others
HOA Fee Include Cable TV
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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