UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,726 sqft
Price per Sqft $440
Subdivision Terra Lago (30924)
MLS Listing ID CV25171343
Bedrooms 4
Full Baths 3
Condo Fees $325
HOA Fees $325/mo
HOA Y/N Yes
Year Built 2006
Lot Size 3,920 Sqft
Property Sub-Type Townhouse
Property Description
Welcome to a truly one-of-a-kind investment opportunity located in a community renowned for its short-term rental-friendly policies and NO rental restrictions. This beautifully appointed 4-bedroom, 3-full bathroom waterfront home offers the perfect blend of luxury, comfort, and exceptional income potential—an ideal choice for investors or anyone seeking a premium lakeside retreat.
Perfectly situated in the most desirable location on the lake, this property boasts easy access to top local attractions including Fantasy Springs Resort Casino, the world-famous Coachella and Stagecoach music festivals, and the prestigious annual Indian Wells Tennis Tournament. Whether you're looking for a high-performing income property or a relaxing vacation home, this residence delivers on all fronts.
Comparable homes in the area generate over $130,000+ in annual gross rental income, and this expansive lakefront gem is poised to outperform expectations, thanks to its size, upgrades, and unbeatable location.
This property is One of the largest homes on the lake with 4 spacious bedrooms and 3 full bathrooms
Open-concept living area featuring luxury finishes, a stylish fireplace, and a built-in bar with wine fridge
Chef's kitchen with high-end appliances, modern countertops, walk-in pantry, and ample cabinetry
Designer-furnished interiors with modern, airy décor curated for guest comfort and style
Step in outside to Resort-style backyard with:
Sparkling pool with water and fire features, Oversized 12-person Jacuzzi (one of the largest in the area) Professional outdoor BBQ station Natural granite pavers and lush palm landscaping, Breathtaking views of the lake and picturesque bridge Property also comes with a Private boat dock and to sweeten the deal included in the sale Electric boat and a trailer.
This turnkey property comes fully furnished and Airbnb-ready—set up for immediate passive income with no additional effort required.
Don't miss your chance to own a rare lakefront property that combines high-end living with outstanding earning potential. Whether you're an investor or someone looking to enjoy Lakefront luxury living, this home is ready to deliver.
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Rooms
Other Rooms Boat House
Main Level Bedrooms 1
Interior
Interior Features Balcony, Ceiling Fan(s), Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)
Heating Central
Cooling Central Air
Fireplaces Type Gas Starter, Living Room
Fireplace Yes
Laundry Upper Level
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool Private, Association
Community Features Biking, Golf, Lake, Park, Sidewalks
Amenities Available Boat House, Billiard Room, Clubhouse, Dock, Dog Park, Fitness Center, Golf Course, Maintenance Grounds, Insurance, Meeting Room, Meeting/Banquet/Party Room, Pier, Playground, Pool, Recreation Room, Guard, Spa/Hot Tub, Security, Cable TV
View Y/N Yes
View Lake
Porch Covered
Total Parking Spaces 2
Private Pool Yes
Building
Dwelling Type House
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Boat House
New Construction No
Schools
School District Desert Sands Unified
Others
HOA Name Terra Lago
Senior Community No
Tax ID 696070051
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
