Estimated payment $6,405/month
Highlights
- Fitness Center
- Gated Community
- Community Lake
- In Ground Pool
- Lake View
- Outdoor Fireplace
About This Home
Turnkey, income-producing lakefront opportunity in the desirable gated community of Terra Lago. Offered individually from an exclusive portfolio of four high-performing short-term rentals, this exceptional residence is sold fully furnished per inventory list--allowing you to generate income from day one.Spanning 1,898 sq. ft., the home features 4 bedrooms and 3.5 bathrooms, a spacious open-concept layout, and stunning lake and mountain views. Designer-level furnishings, large Smart TVs, EV charging, and dedicated workspaces are thoughtfully curated to meet today's luxury guest expectations and maximize occupancy.The resort-style backyard is built for unforgettable stays, complete with a private pool and spa, fire pit lounge, dining for 12, gas BBQ, and a custom misting system, all remotely controlled for seamless guest convenience.Ideally located just minutes from Coachella, Stagecoach, Indian Wells Tennis Garden, and El Paseo, this property benefits from consistent year-round demand in one of the desert's strongest short-term rental markets.Whether you're expanding your STR portfolio, acquiring a high-performing single asset, or seeking a luxury vacation home with income upside, this is a rare lakefront investment opportunity in one of the Coachella Valley's top-performing rental communities.
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
- Fireplace With Gas Starter
- Living Room
- Dining Area
- Tile Flooring
Kitchen
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- Double Vanity
- Shower Only
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Driveway
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Additional Features
- Outdoor Fireplace
- 6,970 Sq Ft Lot
- Ground Level
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 696040040
- Special Tax Authority
Community Details
Overview
- Terra Lago Subdivision
- Community Lake
- Planned Unit Development
Recreation
- 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 | $16,433 | $1,040,400 | $62,424 | $977,976 |
| 2023 | $16,433 | $948,000 | $300,000 | $648,000 |
| 2022 | $10,830 | $602,700 | $137,760 | $464,940 |
| 2021 | $9,543 | $490,000 | $112,000 | $378,000 |
| 2020 | $8,737 | $437,500 | $100,000 | $337,500 |
| 2019 | $7,808 | $358,800 | $89,440 | $269,360 |
| 2018 | $7,637 | $345,000 | $86,000 | $259,000 |
| 2017 | $7,559 | $339,000 | $85,000 | $254,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2025 12/23/25 | For Sale | $899,000 | -- | $474 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Stewart Title Of California | |
| Grant Deed | $1,000,000 | None Listed On Document | |
| Grant Deed | $518,500 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $647,200 | New Conventional | |
| Previous Owner | $414,400 | Fannie Mae Freddie Mac |
Source: California Desert Association of REALTORS®
MLS Number: 219140318
APN: 696-040-040
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