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Sherry Ramos

sherry.ramos@engelvoelkers.com +1(818) 429-2793

$ 719,900

Est. payment -/mo

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Active

84125 Tramonto WAY Indio, CA 92203

4 Beds

2 Baths

5,662 Sqft Lot

UPDATED:

10/16/2024 06:57 AM

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

Listed by David Colin • HomeSmart

Sherry Ramos

Advisor | License ID: 01271018

+1(818) 429-2793

Sherry Ramos

84125 Tramonto WAY Indio, CA 92203

Key Details

Location

Interior

Exterior

Building

Others

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84125 Tramonto WAY