$1,030,000
$1,149,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
2,697 SqFt
SOLD DATE : 10/08/2026
Key Details
Sold Price $1,030,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,697 sqft
Price per Sqft $381
Subdivision Terra Lago
MLS Listing ID 219140824DA
Sold Date 10/08/26
Bedrooms 4
Full Baths 4
HOA Fees $325/mo
HOA Y/N Yes
Year Built 2022
Lot Size 4,356 Sqft
Property Sub-Type Single Family Residence
Property Description
This upgraded, professionally managed lakefront short-term rental is ideally positioned on the water in Terra Lago, offering breathtaking lake and mountain views along with a private infinity-edge pool and spa. Designed for both comfort and performance, the home features bright, open living spaces and high-quality finishes throughout--purpose-built to maximize rental demand and guest satisfaction.The upgraded kitchen is fully equipped with stainless-steel appliances, custom quartz countertops, a dramatic waterfall island, designer backsplash, and a dedicated coffee bar--ideal for entertaining and extended guest stays. Expansive windows and sliding glass doors flood the home with natural light and create a seamless indoor-outdoor living experience centered around the stunning waterfront setting.The well-designed floor plan includes four bedrooms, including a first-floor suite, with ensuite bathrooms for every bedroom--a highly desirable feature for short-term rental guests. The upstairs primary suite offers a private balcony overlooking the lake and a spa-inspired bathroom with soaking tub. A bonus room with four queen-size bunk beds significantly increases sleeping capacity and rental flexibility.Additional highlights include a massive movie-theater-style room with reclining chairs and surround sound, a game room with commercial-grade arcade games, built-in BBQ, firepit, smart TVs throughout, and a layout ideally suited for short-term rental or second-home use. This is not just an STR--it is a destination property, offering resort-style amenities that keep guests on-site and drive repeat bookings.Located in the highly desirable Terra Lago community, this turnkey, high-performing lakefront asset delivers a proven two-plus-year short-term rental history with approximately $120,000 in annual gross income. All capital improvements and guest-driven upgrades are complete--this property is fully stabilized, professionally operated, and generating income from day one.Zero setup. Zero downtime. Immediate cash flow.Investors also have the rare opportunity to scale instantly by acquiring the sister property at 43199 Portuale Court, also in Terra Lago--creating a ready-made, multi-property short-term rental portfolio in one of the Coachella Valley's most sought-after resort communities.
Location
State CA
County Riverside
Area 309 - Indio North Of East Valley
Interior
Interior Features Furnished, Walk-In Pantry
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Pool Electric Heat, In Ground, Private
Community Features Gated
Amenities Available Billiard Room, Clubhouse, Controlled Access, Fitness Center, Lake or Pond, Meeting/Banquet/Party Room, Playground
View Y/N Yes
View Lake, Mountain(s), Panoramic
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description Planned Unit Development, Sprinklers Timer, Sprinkler System
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 696070066
Security Features Fire Sprinkler System,Gated Community,24 Hour Security
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with James Bianco Coldwell Banker Realty

