Estimated payment $7,284/month
Highlights
- Lake Front
- Equestrian Center
- In Ground Pool
- Golf Course Community
- Fitness Center
- Panoramic View
About This Home
Terra Lago Lakefront estate recently built in 2022. Rare 5 bedroom 4 bath plus office that can comfortably sleep 14+ for maximum enjoyment or maximum income as a resort rental. The entire property has been renovated and set up to be a luxurious lakefront rental with designer furniture, huge TVs, arcade machines, and completely developed backyard. The large primary suite offers a private balcony overlooking the serene lake and pool, with panoramic mountain views that will take your breath away. Smart home features including smart entry, thermostats, EV charger, and solar panels on the roof. Residents enjoy resort-style amenities, including a community pool, clubhouse, fitness center, and an 18-hole golf course. Plus, HOA dues cover free Internet, cable TV, gym, community center, and 24-hour guard-controlled access. Whether you're looking for a luxury residence, an Airbnb, or a 1031 exchange, this home offers it all very close to Coachella Valley's best events, including Coachella Music Festival, Stagecoach, Polo, Palm Springs, Joshua Tree National Park, and major Casinos. Don't miss the opportunity to make this extraordinary lakefront retreat your own! Short-term rentals allowed--excellent investment potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,127
Year Built
- Built in 2022
Lot Details
- 3,485 Sq Ft Lot
- Lake Front
- Block Wall Fence
- Premium Lot
- Sprinkler System
HOA Fees
- $340 Monthly HOA Fees
Property Views
- Lake
- Pond
- Panoramic
- Mountain
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Turnkey
- Slab Foundation
- Tile Roof
- Stucco Exterior
Interior Spaces
- 2,416 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Great Room with Fireplace
- Dining Area
- Security System Leased
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Gas Cooktop
- Recirculated Exhaust Fan
- Dishwasher
- Kitchen Island
- Tile Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Outdoor Pool
- Gunite Spa
- Waterfall Pool Feature
Outdoor Features
- Deck
- Covered Patio or Porch
- Built-In Barbecue
Location
- Ground Level
- Property is near a park
Horse Facilities and Amenities
- Equestrian Center
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 696070060
Community Details
Overview
- Terra Lago Subdivision
- On-Site Maintenance
- Greenbelt
- Planned Unit Development
Amenities
- Community Barbecue Grill
- Picnic Area
- Billiard Room
- Community Mailbox
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Sport Court
- Fitness Center
- Hiking Trails
- Bike Trail
Security
- Resident Manager or Management On Site
- Gated Community
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 | $0 |
| 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 |
|---|---|---|---|---|---|
| 09/23/2025 09/23/25 | For Sale | $1,099,000 | +59.5% | $455 / 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
| 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
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $721,515 | New Conventional |
Source: California Desert Association of REALTORS®
MLS Number: 219135763
APN: 696-070-060
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