• Home type

    Single family

  • Year built

    2022

  • Lot size

    4,356 sq ft

  • Price per sq ft

    $417

  • HOA fees

    $300 / Mo

  • Last updated

    1 day ago

  • Views

    3

  • Saves

    1


Questions? Call us: (442) 256-9088


Overview

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!


Interior

Bedrooms

  • Bedrooms: 4

Bathrooms

  • Total bathrooms: 4
  • Full baths: 4

Heating

  • Central, Natural Gas

Fireplace

  • None

Features

  • Family Room

Levels

  • Two

Size

  • 2,697 sq ft

Exterior

Garage

  • Attached
  • Garage Spaces: 2
  • Driveway

Carport

  • None

Year Built

  • 2022

Lot Size

  • 0.1 acres
  • 4,356 sq ft

Waterfront

  • No

Community Info

HOA Fee

  • $300
  • Frequency: Monthly
  • Includes: Meeting/Banquet/Party Room, Playground, Gym, Billiard Room

Senior Community

  • No

Location

  • City: Indio
  • County/Parrish: Riverside

Listing courtesy of: David Colin, HomeSmart

Source: Crmls
MLS ID: 219127687DA

Crmls

Based on information from California Regional Multiple Listing Service, Inc. as of Apr 25, 2025 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Terra Lago Real Estate Agent

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Homes Sold:

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Community Key Facts

Terra Lago

Age Restrictions

  • 55+

Amenities & Lifestyle

  • See Terra Lago amenities
  • See Terra Lago clubs, activities, and classes

Homes in Community

  • Total Homes: 639
  • Home Types: Attached, Single-Family

Gated

  • Yes

Construction

  • Construction Dates: 2005 - Present
  • Builder: Multiple Builders, K. Hovnanian Homes

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Terra Lago Real Estate Agent

Want to learn more about Terra Lago?

Here is the community real estate expert who can answer your questions, take you on a tour, and help you find the perfect home.

Get started today with your personalized 55+ search experience!

Want to learn more about Terra Lago?

Get in touch with a community real estate expert who can answer your questions, take you on a tour, and help you find the perfect home.

Get started today with your personalized 55+ search experience!

Homes Sold:

55+ Homes Sold:

Sold for this Community:

Avg. Response Time:

Global - Lead Form - Buyer Only

*55places does not provide or maintain community HOA information.
By requesting more information, you agree that 55places placeholder may call, text, or email you about your inquiry, which may be made with automated means (including recorded voice messages, SMS, or text messages). You understand that your consent is not a prerequisite for buying, selling or renting a property. You may revoke your consent at any time by contacting [email protected]. Message/data rates may apply. You also agree to 55places.com's Privacy Policy and Terms of Use.

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