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Key Details
Sold Price $1,185,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,926 sqft
Price per Sqft $615
MLS Listing ID OC23220316
Sold Date 02/23/24
Bedrooms 4
Full Baths 2
HOA Fees $300/mo
Year Built 2012
Property Sub-Type Detached
Property Type Detached
Property Description
Welcome to this extraordinary lakefront home in the highly sought-after 20-acre, 24/7 guard gated community of Terra Lago in City of Festivals, Indio. Featuring 4 beds, 2 baths, and 1,926 SF, this detached single family home has the largest lake frontage in the community, the best views of the canals, & breathtaking sunsets. This unbeatable and desirable lakefront location property is perfect for all buyers including secondary owners and especially for STR investors who want to rent or enjoy their home. This home is great for passive income as it generates over six-figures of annual rental income - a result of being in one of the very few friendly STR HOAs in the greater Palm Springs area. HOA permits unlimited short-term rentals. With year-round events including art festivals, world renowned Coachella & Stagecoach music festivals, & 5-star golf courses including the Golf Club at Terra Lago, this home benefits from the continual flow of tourism that drives short-term vacation rentals year-round. Inside the home, youll find open-concept living with floor to ceiling stone fireplace & 75 LED TV. Modern gourmet kitchen has quartz countertops and quartz waterfall feature. Backyard amenities include salt water pool, 14-person spa, putting green, 2 natural gas fire features, outdoor dining, BBQ, & outdoor shower. Home is allowed to have a boat & dock for the ultimate lakefront experience. Master bedroom has views of the lake and canals, and custom ensuite bath with lighted floating vanity, dual sinks, walk-in shower, & dual rain shower heads. 2 additional bedrooms & hall bath are
Location
State CA
County Riverside
Direction From the 10 E, take exit 144 onto Golf Center Pkwy and turn left. Turn right on Avenue 44, turn left at the guard gated entrance of Terra Lago Community.
Interior
Interior Features Recessed Lighting
Heating Forced Air Unit
Cooling Central Forced Air
Flooring Tile
Fireplaces Type FP in Living Room
Fireplace No
Appliance Dishwasher, Microwave, Gas Range
Exterior
Parking Features Garage, Garage Door Opener
Garage Spaces 2.0
Pool Below Ground, Private, Association, Heated
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Banquet Facilities, Biking Trails, Billiard Room, Controlled Access, Guard, Meeting Room, Pet Rules, Playground, Barbecue, Pool
View Y/N Yes
Water Access Desc Public
View Lake/River, Canal
Accessibility No Interior Steps
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
HOA Name Terra Lago Community Asso
Special Listing Condition Standard
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Bought with Chris Walker Coldwell Banker Realty
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Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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