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Sherry Ramos

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

$ 729,900

Est. payment -/mo

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Price Dropped by $15K

84637 Pavone WAY Indio, CA 92203

4 Beds

3 Baths

6,098 Sqft Lot

UPDATED:

10/22/2024 07:37 PM

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 219116501DA

Bedrooms 4

Full Baths 3

Condo Fees $274

HOA Fees $274/mo

HOA Y/N Yes

Year Built 2008

Lot Size 6,098 Sqft

Acres 0.14

Property Description

On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity. This property is a successful part- time vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $120,000 yearly in vacation rental income and this listing will do the same or more. The backyard is ready for entertaining with a custom firepit, covered patio, large pool & spa with room to add a water slide, putting green, newer aluma-wood patio, outdoor pool table and has gorgeous mountain views. The interior offers four bedrooms, three baths and three car garage. The interior has newer furnishings, newer flooring, newer paint and many more upgrades to list. The upstairs master bedroom has a private balcony with beautiful southern views of the Santa Rosa mountains and also overlooks the community lake. This home is a winner, is being offered furnished and is ready to start generating income immediately! This will be a great 1031 tax exchange purchase to generate passive income for many years to come. Don't overlook the fact that this is one of very few communities that still allows short term rentals and this community is a hidden gem!

Location

State CA

County Riverside

Area 309 - Indio North Of East Valley

Interior

Interior Features Breakfast Area, Bedroom on Main Level

Heating Central, Natural Gas

Flooring Carpet, Tile

Fireplaces Type Family Room, Gas

Inclusions All furnishings

Fireplace Yes

Appliance Dishwasher, Ice Maker, Microwave, Refrigerator

Exterior

Garage Direct Access, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Block

Pool In Ground, Salt Water

Community Features Gated

Amenities Available Billiard Room, Clubhouse, Fitness Center, Lake or Pond, Meeting/Banquet/Party Room, Barbecue, Security, Trail(s), Cable TV

View Y/N Yes

View Lake, Mountain(s)

Parking Type Direct Access, Driveway, Garage

Attached Garage Yes

Total Parking Spaces 5

Private Pool Yes

Building

Lot Description Sprinkler System

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 696100057

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

84637 Pavone WAY Indio, CA 92203

Key Details

Location

Interior

Exterior

Building

Others

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84637 Pavone WAY