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Key Details
Sold Price $840,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 2,803 sqft
Price per Sqft $299
MLS Listing ID P1-17245
Style All Other Attached
Bedrooms 4
Full Baths 3
HOA Fees $300/mo
Year Built 2005
Lot Size 10,018 Sqft
Property Description
Welcome to this extraordinary corner lot property nestled on a generous 10,018 square foot lot, featuring 4 bedrooms and 3 bathrooms Marquesa plan built by Lennar Homes within its spacious 2,803 square feet. Built in 2005, this delightful home is situated in the sought-after community of Terra Lago, where short-term rentals are permitted. Terra Lago is a 24/7 guard gated community with 22 acres lake that can be used for kayaking and fishing. A club house, fitness center, ping pong and pool table rooms and Olympic sized community pool/spa. This home is a great investment and can generate over $160k annual rental income. The HOA fee covers the cost of TV cable and internet, ensuring convenience and connectivity. Step inside and be greeted by numerous upgrades that enhance the overall appeal of this residence. Revel in the fresh ambiance provided by the new flooring, while the repainted kitchen cabinets exude a sense of modernity. The addition of new palm trees and a backyard fireplace pit create an inviting outdoor oasis, perfect for relaxation and social gatherings. The living room fireplace is adorned with stylish stone decor, adding a touch of sophistication to the space. Furthermore, this home boasts a brand-new water heater, outdoor shades, and garage flooring, along with an asphalt coating in the backyard for added convenience and durability. The pebble tech pool/spa with waterfall are ideal for entertaining guests and offer an opportunity to unwind in the privacy of your own backyard. It's important to mention that the pool equipment has been recently replaced, ensurin
Welcome to this extraordinary corner lot property nestled on a generous 10,018 square foot lot, featuring 4 bedrooms and 3 bathrooms Marquesa plan built by Lennar Homes within its spacious 2,803 square feet. Built in 2005, this delightful home is situated in the sought-after community of Terra Lago, where short-term rentals are permitted. Terra Lago is a 24/7 guard gated community with 22 acres lake that can be used for kayaking and fishing. A club house, fitness center, ping pong and pool table rooms and Olympic sized community pool/spa. This home is a great investment and can generate over $160k annual rental income. The HOA fee covers the cost of TV cable and internet, ensuring convenience and connectivity. Step inside and be greeted by numerous upgrades that enhance the overall appeal of this residence. Revel in the fresh ambiance provided by the new flooring, while the repainted kitchen cabinets exude a sense of modernity. The addition of new palm trees and a backyard fireplace pit create an inviting outdoor oasis, perfect for relaxation and social gatherings. The living room fireplace is adorned with stylish stone decor, adding a touch of sophistication to the space. Furthermore, this home boasts a brand-new water heater, outdoor shades, and garage flooring, along with an asphalt coating in the backyard for added convenience and durability. The pebble tech pool/spa with waterfall are ideal for entertaining guests and offer an opportunity to unwind in the privacy of your own backyard. It's important to mention that the pool equipment has been recently replaced, ensuring that it is in excellent working condition. This guarantees a worry-free experience for those seeking to enjoy the pool and spa amenities. Additionally, you'll only share one wall with a neighbor, ensuring peace and tranquility. In addition to its impressive features, it's worth noting that this property already has an established presence on Airbnb, boasting over 100 positive reviews from satisfied guests. For those interested, the option to include furnishings can be discussed, providing a hassle-free move-in experience. For serious inquiries, detailed financial information can be provided upon request, allowing prospective buyers to assess the investment potential of this property.
Location
State CA
County Riverside
Area Riv Cty-Indio (92203)
Interior
Flooring Laminate
Fireplaces Type FP in Living Room
Equipment Dishwasher, Microwave, Refrigerator, Double Oven
Laundry Inside
Exterior
Garage Garage - Two Door
Garage Spaces 3.0
Pool Below Ground, Community/Common, Private
Roof Type Shingle
Building
Lot Description Sidewalks
Story 1
Sewer Public Sewer
Water Public
Others
Monthly Total Fees $300
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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