43265 Passagio Lago WAY Save Request In-Person Tour Request Virtual Tour
Indio,CA 92203
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 219113088
Bedrooms 5
Full Baths 3
HOA Fees $300/mo
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 I-10
Interior
Heating Central,Natural Gas
Cooling Air Conditioning
Exterior
Garage false
Garage Spaces 2.0
Fence Block
Pool Private,In Ground
Waterfront true
Waterfront Description Lake
View Y/N true
View Lake,Mountain(s)
Building
Story 2
Sewer In, Connected and Paid
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard