$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 219078088DA
Sold Date 07/13/22
Bedrooms 4
Full Baths 3
Condo Fees $275
HOA Fees $275/mo
HOA Y/N Yes
Year Built 2005
Lot Size 10,018 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.
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Heating Central
Flooring Tile, Vinyl
Fireplaces Type Family Room, Gas
Fireplace Yes
Exterior
Garage Driveway
Garage Spaces 3.0
Garage Description 3.0
Pool Electric Heat, In Ground
Community Features Gated
Amenities Available Clubhouse, Fitness Center, Lake or Pond, Management, Meeting/Banquet/Party Room, Playground
View Y/N Yes
View Mountain(s)
Parking Type Driveway
Attached Garage Yes
Total Parking Spaces 8
Private Pool Yes
Building
Lot Description Sprinkler System
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 696200063
Security Features Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with George Lopez • Berkshire Hathaway HomeServices California Properties