Estimated payment $7,829/month
Total Views
37
3
Beds
2.5
Baths
2,274
Sq Ft
$484
Price per Sq Ft
Highlights
- Lake Front
- Fitness Center
- Panoramic View
- Private Dock Site
- Heated In Ground Pool
- Gated Community
About This Home
Stunning Lakefront Luxury Home with $300K+ in Upgrades | Largest Dock on the Lake | Successful STR IncomeWelcome to a truly rare offering in the highly sought-after Terra Lago community of Indio, California - the City of Festivals. This exquisite lakefront residence boasts over $300,000 in recent upgrades, no homes directly in front, and unparalleled views of the lake, surrounding mountains, and the European-style bridge.One of the home's most unique features is its expanded dock - the largest on the lake. Originally granted only to the first homes built, this rare addition extends outdoor living by nearly 5 feet, a benefit no longer permitted, making it truly one-of-a-kind.Step outside to your resort-style backyard oasis, complete with a sparkling pool, spa, multiple lounge areas, custom BBQ kitchen, firepit, and a massive weatherproof outdoor TV. Foggers in the pool, misters throughout the patio, and cool-decking ensure ultimate comfort even on the warmest desert days. At night, enjoy the ambient lighting that transforms the space into a private retreat.Inside, every detail exudes elegance. The chef's kitchen rivals the finest in design and function, complemented by Italian marble flooring throughout. The dining room showcases a dazzling Swarovski chandelier, and all designer furnishings are included in the sale. A custom glass staircase railing and striking chandelier set the tone as you move upstairs to the custom arcade/game room.The primary suite is both chic and serene, complete with an adjacent nursery and a spa-inspired bathroom featuring marble finishes, a freestanding soaking tub, dual showers (one with a custom steam room), and access to a private balcony with breathtaking views. The additional bedrooms are equally stylish, offering thoughtful touches for family and guests.This home is not only a luxurious retreat but also a proven income-producing asset. In 2024 it generated $140,000 in gross STR revenue, and it has already surpassed $100,000 in 2025 (per management company records). With no rental restrictions in Terra Lago, it's an ideal opportunity for investors seeking a 1031 exchange or buyers looking to enjoy passive income.Located minutes from the world-renowned Coachella and Stagecoach Festivals, Terra Lago continues to thrive as the Coachella Valley expands, with the airport set to double in gates to handle record-breaking visitor traffic.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,984
Year Built
- Built in 2005
Lot Details
- 3,920 Sq Ft Lot
- Lake Front
- North Facing Home
- Drip System Landscaping
HOA Fees
- $300 Monthly HOA Fees
Property Views
- Lake
- Panoramic
- Mountain
Interior Spaces
- 2,274 Sq Ft Home
- 2-Story Property
- Furnished
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Marble
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Freestanding Bathtub
- Soaking Tub
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Driveway
Pool
- Heated In Ground Pool
- Outdoor Pool
- In Ground Spa
Outdoor Features
- Private Dock Site
- Built-In Barbecue
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 696070050
- Special Tax Authority
Community Details
Overview
- Association fees include clubhouse, cable TV
- Terra Lago Subdivision
- Community Lake
Amenities
- Billiard Room
Recreation
- Community Basketball Court
- Community Playground
- Fitness Center
Security
- Security Service
- Resident Manager or Management On Site
- 24 Hour Access
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $18,984 | $1,220,388 | $371,422 | $848,966 |
| 2023 | $18,984 | $1,173,000 | $357,000 | $816,000 |
| 2022 | $18,717 | $1,150,000 | $350,000 | $800,000 |
| 2021 | $9,199 | $395,788 | $117,052 | $278,736 |
| 2020 | $8,923 | $391,730 | $115,852 | $275,878 |
| 2019 | $8,566 | $384,050 | $113,581 | $270,469 |
| 2018 | $8,477 | $376,520 | $111,355 | $265,165 |
| 2017 | $8,383 | $369,138 | $109,172 | $259,966 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $1,099,900 | -8.3% | $484 / Sq Ft |
| 07/30/2021 07/30/21 | Sold | $1,200,000 | +2.1% | $528 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $1,175,000 | -- | $517 / Sq Ft |
Source: California Desert Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,200,000 | Wfg National Title Company | |
| Quit Claim Deed | $34,471 | None Available | |
| Grant Deed | $360,000 | Orange Coast Title Company | |
| Quit Claim Deed | -- | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $820,000 | Commercial | |
| Previous Owner | $270,000 | New Conventional |
Source: Public Records
Similar Homes in Indio, CA
Source: California Desert Association of REALTORS®
MLS Number: 219134840
APN: 696-070-050
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