$739,900
Active
36 Days Online
5 Beds3 Baths2,416 SQFT
Active

43265 Passagio Lago Way Indio, CA 92203

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Sellers loss is your gain!! Major price reduction!!! Experience the best of both worlds with this brand new, fully furnished home located just across the street from the serene lake with breathtaking mountain and lake views. This stunning home is perfect for those seeking short-term rental investment opportunities, as it is located within the highly sought-after Terra Lago community that allows unlimited short-term rental bookings.Designed with the utmost attention to detail, this home features custom blinds throughout, designer furnishings, electronics, and a game room that can also be converted into an additional bedroom. The exquisite kitchen boasts quartz countertops, a custom backsplash and overlooks the stunning family room, making it perfect for entertaining.Step outside to the brand new modern pool and spa with a dual spillway, custom firepit, custom BBQ area and porch area, and enjoy the picturesque views that surround you. In the master bedroom, you'll find an elegant balcony with spectacular western mountain views. Did I mention that this property comes with solar paid for for the next 20 years!! You'll have hundreds a month on your electricity bills!Located in Indio, the city of festivals, this home is sure to provide a luxurious and comfortable lifestyle. If you're looking for a lucrative investment opportunity, this property can easily generate an instant cash flow with a very attractive cap rate for those in search of a 1031 tax exchange.

  • Property TypeSingle Family Home
  • NeighborhoodTerra Lago
  • CountyRiverside
  • Taxes$0
  • HOA/Condo/Coop Fees$300
  • Days on Site36 Days
  • MLS StatusActive
  • MLS ID Number219113088DA
  • Home Size Source Assessor
  • Year Built2021
  • Lot Size0.09 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Parking Driveway
  • Parking Spaces 4
  • Number of Stories 22
  • Acreage 0.09
  • Security 24 Hour SecurityGated Community
  • Property Sub Type Single Family Residence
  • Garage Spaces 2
  • Attached Garage Yes
  • Listing Conditions Standard

Interior Features

  • Heating CentralNatural Gas
  • Appliances RefrigeratorDishwasher
  • Flooring CarpetTile
  • Fireplace No

Exterior Features

  • View LakeMountain(s)
  • Fencing Block
  • Pool true
  • Spa No
  • Pool Features In GroundPrivate
  • Spa Features PrivateIn Ground
  • Private Pool true

Community Features

  • Association Dues 300
  • Association Amenities PlaygroundPicnic AreaLake or PondGym/ Ex Room
  • Senior Community No
  • MLS Area 309 - Indio North of East Valley
  • Security Features 24 Hour SecurityGated Community

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Monthly Payment (Est.)

$3,579
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