Estimated payment $6,345/month
Highlights
- In Ground Pool
- Lake View
- Banquet Facilities
- Gated Community
- Furnished
- 2 Car Attached Garage
About This Home
Rare opportunity to acquire one--or all four--high-performing lakefront short-term rental properties in the gated community of Terra Lago. Formerly part of an exclusive investment portfolio, these income-producing villas are now available for individual or bulk purchase, offering immediate cash flow and portfolio-level upside in one of the Coachella Valley's most reliable STR markets.This single-story 4-bedroom, 3-bath residence spanning approximately 1,898 sq. ft. is purpose-built for short-term rental performance, featuring a layout that consistently attracts larger groups and repeat guests. A rare backyard gate connection between neighboring villas creates a compound-style setup--ideal for multi-home bookings, festivals, and event-driven demand.The lakefront setting with private dock, unobstructed water and mountain views, private pool and spa, and covered patio drive premium nightly rates and year-round guest appeal. These features position the property at the top tier of Terra Lago's rental inventory.Located minutes from Coachella and Stagecoach, Indian Wells Tennis Garden, El Paseo, and world-class golf, the home benefits from diversified, year-round rental demand, supporting strong occupancy and reduced seasonality risk.Whether acquiring a single turnkey STR or expanding with a four-property lakefront portfolio, this is a rare chance to secure scalable, income-producing assets in an investor-friendly community.Sold furnished per inventory list.
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
HOA Fees
- $325 Monthly HOA Fees
Property Views
- Lake
- Mountain
- Pool
Interior Spaces
- 1,898 Sq Ft Home
- 1-Story Property
- Furnished
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Area
- Tile Flooring
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Additional Features
- 6,098 Sq Ft Lot
- Ground Level
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 696040042
- Special Tax Authority
Community Details
Overview
- Terra Lago Subdivision
- Planned Unit Development
Amenities
- Community Barbecue Grill
- Banquet Facilities
- Billiard Room
- Meeting Room
Security
- Controlled Access
- 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 | $15,709 | $967,570 | $290,272 | $677,298 |
| 2023 | $15,709 | $623,199 | $135,252 | $487,947 |
| 2022 | $10,975 | $610,980 | $132,600 | $478,380 |
| 2021 | $10,936 | $599,000 | $130,000 | $469,000 |
| 2020 | $8,317 | $402,899 | $113,221 | $289,678 |
| 2019 | $7,944 | $513,455 | $128,357 | $385,098 |
| 2018 | $7,637 | $345,000 | $86,000 | $259,000 |
| 2017 | $7,546 | $338,000 | $84,000 | $254,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/23/2025 12/23/25 | For Sale | $899,000 | -3.3% | $474 / Sq Ft | |
| 05/03/2023 05/03/23 | Sold | $930,000 | -6.8% | $490 / Sq Ft | View Prior Sale |
| 01/12/2023 01/12/23 | Price Changed | $998,000 | -3.1% | $526 / Sq Ft | |
| 12/31/2022 12/31/22 | Price Changed | $1,029,999 | -20.8% | $543 / Sq Ft | |
| 12/28/2022 12/28/22 | For Sale | $1,299,999 | +251.4% | $685 / Sq Ft | |
| 07/12/2018 07/12/18 | Sold | $370,000 | -4.9% | $195 / Sq Ft | View Prior Sale |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- | |
| 05/07/2018 05/07/18 | Price Changed | $389,000 | -1.8% | $205 / Sq Ft | |
| 04/02/2018 04/02/18 | Price Changed | $396,000 | -0.8% | $209 / Sq Ft | |
| 03/12/2018 03/12/18 | For Sale | $399,000 | 0.0% | $210 / Sq Ft | |
| 01/01/2015 01/01/15 | Rented | $1,850 | 0.0% | -- | |
| 12/05/2014 12/05/14 | Under Contract | -- | -- | -- | |
| 10/09/2014 10/09/14 | For Rent | $1,850 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $930,000 | Pacific Coast Title | |
| Quit Claim Deed | -- | Pacific Coast Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $370,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $386,000 | Fidelity National Title | |
| Grant Deed | $419,500 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $558,000 | New Conventional | |
| Previous Owner | $296,000 | New Conventional | |
| Previous Owner | $335,300 | Fannie Mae Freddie Mac |
Source: California Desert Association of REALTORS®
MLS Number: 219140319
APN: 696-040-042
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