43128 Sentiero DR Indio, CA 92203
4 Beds
3 Baths
2,595 SqFt
OPEN HOUSE
Sat Jun 07, 12:00pm - 2:30pm
Sun Jun 08, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,595 sqft
Price per Sqft $269
Subdivision Terra Lago
MLS Listing ID 219130608
Bedrooms 4
Full Baths 3
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2005
Lot Size 8,276 Sqft
Property Sub-Type Single Family Residence
Property Description
Welcome to your next investment gem nestled in the highly sought-after lake community of Terra Lago, Indio, California! This spacious 4-bedroom, 3-bathroom pool home with a 3-car garage is not just a property; it's a prime opportunity for investors looking to maximize their returns, particularly those considering a 1031 tax exchange.
**Key Features of This Property:**
- **Short-Term Rental Friendly:** Enjoy unrestricted short-term rental potential in a community that thrives on tourist appeal. With Indio known as the 'City of Festivals,' the demand for vacation rentals remains robust throughout the year.
- **Higher CAP Rate Potential:** Investors will appreciate the opportunity to realize a significantly higher CAP rate with this property's short-term rental capabilities, compared to traditional long-term leases. This is an ideal choice for those looking to enhance their cash flow.
- **Fully Furnished and Move-In Ready:** This home comes fully furnished, ready for immediate rental or personal enjoyment. Stocked with modern amenities, it allows for a seamless transition into the rental market or your next vacation spot.
- **Exceptional Value:** Priced per square foot among the best in the community, this home stands out, especially given its prime features, including a sparkling pool, stunning northwest mountain views, and the added privacy of no direct neighbors behind.
- **Investment-Grade Amenities:** Recent updates include new Pentair pool equipment that can be controlled remotely, dual AC units for ultimate climate control, and freshly installed artificial turf for low-maintenance outdoor living. The pool has also been recently resurfaced — a significant cost already taken care of for you!
- **Outdoor Kitchen Ready:** Build the outdoor kitchen of your dreams with the newly installed plumbing, electrical, and gas connections in place, setting you up for high-end outdoor entertaining that guests will love.
**Why Terra Lago?**
Lake communities with no rental restrictions are a rare find in the Coachella Valley and provide an exceptional long-term strategy for savvy investors. With the area thriving on seasonal events, and a high interest in vacation rental opportunities, this property guarantees minimal liability and maximum profit potential.
Don't miss out on this incredible opportunity!
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Central, Natural Gas
Cooling Air Conditioning
Fireplaces Number 1
Fireplaces Type Gas
Furnishings Furnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 3.0
Pool Heated, Private, In Ground
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Story 1
Entry Level One
Sewer In, Connected and Paid
Level or Stories One
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard