84125 Tramonto WAY Active 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
Purchase Type For Sale
Subdivision Terra Lago
MLS Listing ID 219112992DA
Bedrooms 4
Full Baths 2
Condo Fees $300
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2011
Lot Size 5,662 Sqft
Property Description
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away.As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development.In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Heating Central,Natural Gas
Flooring Vinyl
Fireplaces Type Family Room,Gas
Fireplace Yes
Exterior
Garage Direct Access,Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool Electric Heat,In Ground
Community Features Gated
Utilities Available Cable Available
Amenities Available Billiard Room,Clubhouse,Fitness Center
View Y/N Yes
View Mountain(s),Peek-A-Boo
Parking Type Direct Access,Garage
Attached Garage Yes
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Drip Irrigation/Bubblers
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 696030051
Security Features Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard