Estimated payment $7,737/month
Highlights
- Fitness Center
- Gated Community
- Wood Flooring
- In Ground Pool
- Lake View
- Furnished
About This Home
Seller Willing to Sell Individually - Exclusive Investor Opportunity in Terra Lago!This is a rare chance to acquire one--or all four--luxury furnished lakefront homes conveniently located side by side in the highly sought-after gated community of Terra Lago. These high-performing Airbnb rentals are fully turnkey furnished per inventory list and offer immediate short-term rental income with excellent cash flow potential.This featured two-story home offers 2,338 sq. ft. of well-designed living space with 5 bedrooms and 2.5 bathrooms, thoughtfully laid out to maximize occupancy, guest comfort, and rental revenue. The first floor includes two California King bedrooms, while upstairs you'll find another California King bedroom along with two additional bedrooms, each outfitted with two full beds--perfect for accommodating larger groups. Backyard gates between homes allow guests to seamlessly move between villas, creating an ideal setup for group rentals, retreats, or multi-family gatherings.Enjoy breathtaking lake and mountain views from your private backyard oasis featuring boat and dock access, a cozy fire pit, custom misting system, and a private pool and spa. Whether for relaxation or entertaining, this home is built to impress.Located just minutes from top attractions like Coachella, Stagecoach, Indian Wells Tennis Garden, and El Paseo, these homes consistently attract year-round vacationers and festivalgoers, ensuring steady rental demand.Don't miss this exceptional opportunity to own a proven income-generating property--whether individually or as part of a lucrative bulk portfolio in one of the desert's most desirable short-term rental communities. Contact us today for rental financials and details on this exclusive offering.
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
HOA Fees
- $325 Monthly HOA Fees
Property Views
- Lake
- Mountain
- Pool
Interior Spaces
- 2,338 Sq Ft Home
- 1-Story Property
- Furnished
- Crown Molding
- Gas Log Fireplace
- Family Room with Fireplace
- Formal Dining Room
Kitchen
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Parking
- 2 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Additional Features
- 6,534 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 696040041
- Special Tax Authority
Community Details
Overview
- Association fees include cable TV
- Terra Lago Subdivision
- Planned Unit Development
Amenities
- Billiard Room
- Meeting Room
- Community Mailbox
Recreation
- Community Playground
- Fitness Center
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 | $21,000 | $1,404,539 | $424,483 | $980,056 |
| 2023 | $21,000 | $1,324,000 | $400,000 | $924,000 |
| 2022 | $10,470 | $562,236 | $140,190 | $422,046 |
| 2021 | $9,293 | $457,103 | $113,976 | $343,127 |
| 2020 | $8,563 | $408,127 | $101,764 | $306,363 |
| 2019 | $8,452 | $396,240 | $98,800 | $297,440 |
| 2018 | $8,267 | $381,000 | $95,000 | $286,000 |
| 2017 | $8,189 | $375,000 | $94,000 | $281,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/23/2025 12/23/25 | For Sale | $1,099,000 | -15.5% | $470 / Sq Ft | |
| 06/15/2022 06/15/22 | Sold | $1,300,000 | -5.5% | $556 / Sq Ft | View Prior Sale |
| 06/14/2022 06/14/22 | Pending | -- | -- | -- | |
| 05/17/2022 05/17/22 | Price Changed | $1,375,000 | -8.3% | $588 / Sq Ft | |
| 05/03/2022 05/03/22 | For Sale | $1,500,000 | -- | $642 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Grant Deed | $1,300,000 | Lawyers Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $560,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $975,000 | New Conventional | |
| Previous Owner | $975,000 | New Conventional | |
| Previous Owner | $447,922 | Fannie Mae Freddie Mac |
Source: California Desert Association of REALTORS®
MLS Number: 219140324
APN: 696-040-041
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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