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$739,900

Est. payment - /mo

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5 BD

3 BA

2,416 SqFt

Active Under Contract

43265 Passagio Lago WAY Indio, CA 92203

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Jerry And Rachel Team Hsieh

jerryandrachelteam@gmail.com +1(424) 242-8856

UPDATED:

10/16/2024 06:57 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,416 sqft

Price per Sqft $306

Subdivision Terra Lago

MLS Listing ID 219113088DA

Bedrooms 5

Full Baths 3

Condo Fees $300

HOA Fees $300/mo

HOA Y/N Yes

Year Built 2021

Lot Size 3,920 Sqft

Property Description

Sellers loss is your gain!! Major price reduction!!! Experience the best of both worlds with this brand new, fully furnished home located just across the street from the serene lake with breathtaking mountain and lake views. This stunning home is perfect for those seeking short-term rental investment opportunities, as it is located within the highly sought-after Terra Lago community that allows unlimited short-term rental bookings.Designed with the utmost attention to detail, this home features custom blinds throughout, designer furnishings, electronics, and a game room that can also be converted into an additional bedroom. The exquisite kitchen boasts quartz countertops, a custom backsplash and overlooks the stunning family room, making it perfect for entertaining.Step outside to the brand new modern pool and spa with a dual spillway, custom firepit, custom BBQ area and porch area, and enjoy the picturesque views that surround you. In the master bedroom, you'll find an elegant balcony with spectacular western mountain views. Did I mention that this property comes with solar paid for for the next 20 years!! You'll have hundreds a month on your electricity bills!Located in Indio, the city of festivals, this home is sure to provide a luxurious and comfortable lifestyle. If you're looking for a lucrative investment opportunity, this property can easily generate an instant cash flow with a very attractive cap rate for those in search of a 1031 tax exchange.

Location

State CA

County Riverside

Area 309 - Indio North Of East Valley

Interior

Heating Central, Natural Gas

Flooring Carpet, Tile

Inclusions All furnishings, accessories and electronics

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Garage Driveway

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool In Ground, Private

Community Features Gated

Amenities Available Fitness Center, Lake or Pond, Picnic Area, Playground

View Y/N Yes

View Lake, Mountain(s)

Parking Type Driveway

Attached Garage Yes

Total Parking Spaces 4

Private Pool Yes

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 696070024

Security Features Gated Community,24 Hour Security

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by David Colin • HomeSmart

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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Jerry And Rachel Team Hsieh

43265 Passagio Lago WAY Indio, CA 92203

Jerry And Rachel Team Hsieh

Key Details

Location

Interior

Exterior

Building

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43265 Passagio Lago WAY