Seller's Agent in 2025
David Colin
HomeSmart
(760) 702-4908
109 Total Sales
Estimated Value: $638,000 - $689,000
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!
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $655,000 | First American Title | ||
| -- | Chicago Title Company | ||
| $460,000 | Chicago Title Company | ||
| $390,000 | North American Title Company |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $491,250 | ||
| Previous Owner | $391,000 | ||
| Previous Owner | $101,000 | ||
| Previous Owner | $311,950 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $655,000 | -6.4% | $252 / Sq Ft | |
| 06/03/2025 06/03/25 | Price Changed | $699,800 | 0.0% | $270 / Sq Ft | |
| 05/26/2025 05/26/25 | For Sale | $699,900 | +52.2% | $270 / Sq Ft | |
| 11/12/2020 11/12/20 | Sold | $460,000 | -4.1% | $177 / Sq Ft | View Prior Sale |
| 11/05/2020 11/05/20 | Pending | -- | -- | -- | |
| 10/10/2020 10/10/20 | Price Changed | $479,900 | +2.1% | $185 / Sq Ft | |
| 10/07/2020 10/07/20 | Price Changed | $469,900 | +2.2% | $181 / Sq Ft | |
| 10/06/2020 10/06/20 | For Sale | $459,900 | -- | $177 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,955 | $655,000 | $163,752 | $491,248 |
| 2025 | $9,913 | $497,916 | $94,170 | $403,746 |
| 2023 | $9,913 | $478,583 | $90,514 | $388,069 |
| 2022 | $9,635 | $469,200 | $88,740 | $380,460 |
| 2021 | $9,391 | $460,000 | $87,000 | $373,000 |
| 2020 | $7,455 | $334,214 | $80,340 | $253,874 |
| 2019 | $7,365 | $324,480 | $78,000 | $246,480 |
| 2018 | $7,211 | $312,000 | $75,000 | $237,000 |
| 2017 | $7,072 | $301,000 | $72,000 | $229,000 |
Seller's Agent in 2025
David Colin
HomeSmart
(760) 702-4908
109 Total Sales
G
Seller's Agent in 2020
Gracie Nilson
Nilson Realty
(949) 275-4008
49 Total Sales
G
Seller Co-Listing Agent in 2020
Greg Nilson
Nilson Realty
(760) 285-1783
12 Total Sales
D
Buyer's Agent in 2020
DeVerne Augustus
Berkshire Hathaway HomeServices California Properties
(509) 701-2002
31 Total Sales
Source: California Desert Association of REALTORS®
MLS Number: 219130608
APN: 696-100-007
Ask me questions while you tour the home.