$650,000
$689,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,234 SqFt
SOLD DATE : 07/06/2021
Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,234 sqft
Price per Sqft $290
Subdivision Terra Lago
MLS Listing ID 219063129DA
Sold Date 07/06/21
Bedrooms 4
Full Baths 2
Three Quarter Bath 1
HOA Fees $285/mo
HOA Y/N Yes
Year Built 2009
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Sold fully furnished. This Resort Style home with stunning lake and mountain views makes for the ideal investment property. It is exquisitely fully furnished with appealing artwork and gorgeous large mirrors. The spacious kitchen is fully equipped with stainless steel appliances, plenty of cabinets for storage, beautiful granite countertops and a center island that oversees the dining area. Home offers 4 Bedrooms and 3 Baths. There is one bedroom downstairs with a double bed, and full bath, perfect for housing guests. Upstairs you have the Master bedroom with a King size bed, bathroom with dual sinks, a shower, and separate tub to soak and enjoy some relaxation. In addition, there are 2 bedrooms with king size beds and a full bath. Living room is spacious with a fireplace. This property has a lovely private fenced backyard with a BBQ, perfect for entertaining.It is a golden opportunity for Homeowners or Investors to make that extra income during the 3-weekend festival season such as Coachella and Stagecoach, which can approximately generate $5,000 a weekend. For an investor looking to get into the 'short term rental' market, this property is an excellent choice. There is a corporate client who is willing to lease the home throughout the year.Terra Lago community has numerous amenities for residents and guests to enjoy. The Clubhouse has a Billiard Room, Banquet Room with catering & Kitchen, Lounge areas, Fireplaces, Pool and Spa, and access to a 24-hour Fitness Center
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Zoning R-1
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type Gas Starter, Living Room
Fireplace Yes
Exterior
Garage Unassigned
Garage Spaces 2.0
Garage Description 2.0
Pool Community, In Ground
Community Features Gated, Pool
Amenities Available Billiard Room, Clubhouse, Fitness Center, Maintenance Grounds, Management, Meeting/Banquet/Party Room, Barbecue, Picnic Area, Playground, Recreation Room
View Y/N Yes
View Desert, Hills
Parking Type Unassigned
Attached Garage Yes
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Sprinkler System
Story 2
Entry Level Two
Sewer Unknown
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 696140056
Security Features Gated Community,24 Hour Security
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with David Colin • HomeSmart
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner