Estimated payment $6,688/month
Highlights
- Lake Front
- Equestrian Center
- In Ground Pool
- Golf Course Community
- Fitness Center
- Two Primary Bedrooms
About This Home
Built in 2022, this exceptional Terra Lago lakefront estate presents a rare opportunity to own a luxury resort-style residence with remarkable income potential. Offering 5 bedrooms, 4 bathrooms, plus a dedicated office, this thoughtfully designed home comfortably accommodates 14+ guests as a primary residence, vacation home, high-performing short-term rental, or 1031 exchange investment. The property has been meticulously upgraded and professionally curated as a premier lakefront rental, featuring designer furnishings, oversized televisions, arcade games, and a fully developed backyard designed for both relaxation and entertaining. The expansive primary suite is a true highlight, showcasing a private balcony with sweeping lake, pool, and panoramic mountain views.Modern smart home features include smart entry, programmable thermostats, EV charging capability, and solar panels, providing both convenience and efficiency. Located within the guard-gated Terra Lago community, residents enjoy resort-style amenities such as a community pool, clubhouse, fitness center, and an 18-hole golf course. HOA dues also include internet, cable TV, gym access, community center privileges, and 24-hour guard-controlled security. Ideally situated near the Coachella Valley's most renowned destinations and events, including Coachella, Stagecoach, polo grounds, Palm Springs, Joshua Tree National Park, and major casinos, this home offers the perfect balance of luxury living and investment opportunity. Short-term rentals are permitted, and the property already has extensive future bookings, providing immediate turnkey income for the next owner. An extraordinary lakefront retreat with exceptional versatility and valuethis is a rare offering not to be missed.
Home Details
Home Type
- Single Family
Year Built
- Built in 2022 | Remodeled
Lot Details
- 3,485 Sq Ft Lot
- Lake Front
HOA Fees
- $340 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
- Electric Vehicle Home Charger
- Garage Door Opener
- Guest Parking
Property Views
- Lake
- Mountain
- Courtyard
Home Design
- Modern Architecture
Interior Spaces
- 2,416 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Great Room
- Family Room
- Living Room
- Home Office
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Double Master Bedroom
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Waterfall Pool Feature
Additional Features
- Outdoor Grill
- Equestrian Center
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 696-070-060
Community Details
Overview
- Maintained Community
Amenities
- Community Barbecue Grill
- Picnic Area
- Billiard Room
- Community Mailbox
Recreation
- Golf Course Community
- Tennis Courts
- Sport Court
- Fitness Center
- Park
- Bike Trail
Security
- Resident Manager or Management On Site
Map
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 | $13,127 | $774,679 | $244,800 | $529,879 |
| 2023 | $13,127 | $109,137 | $109,137 | -- |
| 2022 | $1,331 | $106,998 | $106,998 | $0 |
| 2021 | $664 | $52,558 | $52,558 | $0 |
| 2020 | $652 | $52,020 | $52,020 | $0 |
| 2019 | $640 | $51,000 | $51,000 | $0 |
| 2018 | $627 | $50,000 | $50,000 | $0 |
| 2017 | $464 | $36,611 | $36,611 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2026 05/31/26 | Price Changed | $969,000 | -3.0% | $401 / Sq Ft | |
| 04/27/2026 04/27/26 | Price Changed | $999,000 | -1.0% | $413 / Sq Ft | |
| 03/23/2026 03/23/26 | For Sale | $1,009,000 | +46.4% | $418 / Sq Ft | |
| 03/18/2025 03/18/25 | Sold | $689,000 | -7.9% | $285 / Sq Ft | View Prior Sale |
| 02/21/2025 02/21/25 | Price Changed | $748,000 | -2.6% | $310 / Sq Ft | |
| 02/07/2025 02/07/25 | Price Changed | $768,000 | -3.8% | $318 / Sq Ft | |
| 01/14/2025 01/14/25 | Price Changed | $798,000 | -2.6% | $330 / Sq Ft | |
| 01/02/2025 01/02/25 | For Sale | $819,000 | -- | $339 / Sq Ft |
Purchase History
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $689,000 | Wfg National Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Grant Deed | $759,500 | None Listed On Document | |
| Grant Deed | $7,035,000 | Fntg Builder Services | |
| Grant Deed | -- | Fntg Builder Services | |
| Grant Deed | -- | Fntg Builder Services | |
| Quit Claim Deed | -- | First American Title Company |
Mortgage History
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $721,515 | New Conventional |
Source: The MLS
MLS Number: 26668179
APN: 696-070-060
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Ask me questions while you tour the home.