Investor's Dream Opportunity: 4BR/3BA Pool Home in Terra Lago, Indio, CA!**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!
Days on market: 1
Listing updated: May 27, 2025 - 12:04:05
Listed by: David Colin DRE #01710306 (760) 844-7500, HomeSmart - California Desert
Source: California Desert, MLS#: CDAR-oD22725 Originating MLS: CRMLS
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