$1,060,000
$1,075,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,697 SqFt
SOLD DATE : 08/19/2025
Key Details
Sold Price $1,060,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,697 sqft
Price per Sqft $393
Subdivision Terra Lago
MLS Listing ID 219127687DA
Sold Date 08/19/25
Bedrooms 4
Full Baths 4
Condo Fees $300
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2022
Lot Size 4,356 Sqft
Property Sub-Type Single Family Residence
Property Description
Incredible Opportunity: Premier desert Lakeside home in Terra Lago.Unlock the door to unparalleled luxury and outstanding investment potential with one of the most coveted lots in Terra Lago Lake! This exceptional property boasts **unobstructed panoramic views** of the shimmering lake and majestic mountains, offering an idyllic backdrop for guests seeking the finest in short-term rentals. Nestled in a welcoming and **short-term rental-friendly community**, this listing comes with **NO rental restrictions**, perfect for investors looking to capitalize on the lucrative vacation rental market. Imagine initiating a **1031 tax exchange** on a property that could generate a remarkable **10-20% cap return** on investment!This lakeside gem features:- **Infinity pool** ideal for soaking up the sun and enjoying breathtaking views.- A spacious lot that allows for outdoor enjoyment, whether it's lounging by the pool or creating a safe haven for kids to play.- An impressive interior with a **grand entrance** and a stunning **spiraling staircase** leading to 4 luxurious ensuite bedrooms, ensuring privacy and comfort for all guests. - A versatile loft space that can easily convert into a **5th bedroom**, adding even more value.This home comes **designer furnished** and is poised for immediate takeover, allowing you to begin generating passive income from day one! With smaller homes in the area achieving up to **$130,000** in annual gross rental income, this remarkable property has the potential to significantly outperform that benchmark.Located in the vibrant city of festivals, you'll be just minutes away from the iconic Coachella and Stagecoach festivals each April, as well as the renowned BNP tennis tournament, ensuring that your guests will always have something to celebrate!Don't miss this rare chance to enhance your real estate portfolio with this **investment marvel**. Contact us today to seize this opportunity for luxury living and exceptional returns in one of the most sought-after locations!
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Heating Central, Natural Gas
Flooring Carpet, Tile
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool In Ground, Private
Community Features Gated
Amenities Available Billiard Room, Fitness Center, Meeting/Banquet/Party Room, Playground
View Y/N Yes
View Lake, Mountain(s), Panoramic, Pool
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Drip Irrigation/Bubblers
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 696070064
Security Features Security Gate,Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Christopher Pierson Keller Williams Luxury Homes
GET MORE INFORMATION
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
- Home For Sale in Los Angeles County HOT
- Home For Sale in San Diego County HOT
- Home For Sale in San Bernardino County HOT
- Home For Sale in Orange County HOT
- Home For Sale in Riverside County HOT
- Homes For Sale in Los Angeles, CA HOT
- Homes For Sale in Beverly Hills, CA
- Homes For Sale in West Hollywood, CA HOT
- Homes For Sale in Culver City, CA
- Homes For Sale in San Fernando, CA
- Homes For Sale in Burbank, CA
- Homes For Sale in Pasadena, CA
- Homes For Sale in San Diego, CA HOT
- Homes For Sale in Oceanside, CA HOT
- Homes For Sale in Newport Beach, CA
- Homes For Sale in Costa Mesa, CA HOT
- Homes For Sale in Huntington Beach, CA
- Homes For Sale in Anaheim, CA
- Homes For Sale in Riverside, CA HOT
- Homes For Sale in Temecula, CA HOT
- Homes For Sale in Murrieta, CA HOT
- Homes For Sale in Menifee, CA
- Homes For Sale in Moreno Valley, CA
- Homes For Sale in Hemet, CA
- Homes For Sale in San Jacinto, CA
- Homes For Sale in San Bernardino, CA HOT
- Homes For Sale in Big Bear City, CA
- Homes For Sale in Orange, CA HOT
- Homes For Sale in Palm Springs, CA HOT
- Homes For Sale in La Quinta, CA