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Samuel Park

[email protected] +1(909) 310-5105

$ 1,125,000

Est. payment -/mo

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43240 Pietra CT Indio, CA 92203

4 Beds

4 Baths

2,697 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,697 sqft

Price per Sqft $417

Subdivision Terra Lago

MLS Listing ID 219127687DA

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

Attached Garage Yes

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

Special Listing Condition Standard

Listed by David Colin • HomeSmart

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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Chino Hills, CA

Samuel Park

43240 Pietra CT Indio, CA 92203

Key Details

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Interior

Exterior

Building

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43240 Pietra CT