Estimated payment $5,660/month
Highlights
- Fitness Center
- Gated Community
- Billiard Room
- In Ground Pool
- Mountain View
- Electric Vehicle Charging Station
About This Home
Welcome to Terra Lago in Indio! This stunning 4-bedroom, 2-bathroom single-level home is currently operated as a successful Airbnb and offers excellent short-term rental income potential--a rare opportunity in a community that allows STRs.Step inside to find an open floor plan with soaring 10 ft. ceilings, creating a spacious and inviting atmosphere. The home is being offered unfurnished but can negotiate making it turnkey for investors or those seeking a ready-to-enjoy vacation retreat.Outdoors, enjoy a brand-new pool and spa, dual fire pit, and desert landscaping designed for minmal maintenance. Recent upgrades include brand-new solar panels and an EV charger in the garage.Located on a private cul-de-sac, this home provides both seclusion and easy access to the many resort-style amenities Terra Lago offers. The guard-gated community boasts a 20-acre lake. Residents also enjoy a clubhouse with billiards and ping pong, a library, fitness center, and a community pool and spa.Perfectly located for festivals and the total desert expierience. Don't miss your chance to own a premier short-term rental property in Terra Lago!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,877
Year Built
- Built in 2006
Lot Details
- 5,663 Sq Ft Lot
- Sprinkler System
HOA Fees
- $325 Monthly HOA Fees
Property Views
- Mountain
- Desert
Interior Spaces
- 1,898 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Decorative Fireplace
- Electric Fireplace
- Living Room with Fireplace
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
- On-Street Parking
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 696040021
Community Details
Overview
- Terra Lago Subdivision
- Electric Vehicle Charging Station
- Planned Unit Development
Amenities
- Billiard Room
- Meeting Room
Recreation
- Fitness Center
- Community Pool
Security
- 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 | $12,877 | $813,700 | $206,000 | $607,700 |
| 2023 | $12,877 | $841,500 | $204,000 | $637,500 |
| 2022 | $6,434 | $263,814 | $52,760 | $211,054 |
| 2021 | $6,181 | $258,642 | $51,726 | $206,916 |
| 2020 | $6,029 | $255,991 | $51,196 | $204,795 |
| 2019 | $5,980 | $250,973 | $50,193 | $200,780 |
| 2018 | $5,911 | $246,053 | $49,210 | $196,843 |
| 2017 | $5,845 | $241,230 | $48,246 | $192,984 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $799,999 | -3.0% | $421 / Sq Ft |
| 04/07/2022 04/07/22 | Sold | $825,000 | +6.5% | $430 / Sq Ft |
| 03/06/2022 03/06/22 | For Sale | $775,000 | +227.7% | $404 / Sq Ft |
| 01/06/2016 01/06/16 | Sold | $236,500 | -3.1% | $123 / Sq Ft |
| 12/04/2015 12/04/15 | Pending | -- | -- | -- |
| 10/26/2015 10/26/15 | For Sale | $244,000 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $825,000 | Lawyers Title | |
| Grant Deed | $236,500 | Lawyers Title | |
| Grant Deed | $149,000 | North American Title Co Inc | |
| Grant Deed | $373,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Construction | |
| Previous Owner | $38,600 | Credit Line Revolving | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $232,215 | FHA | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $297,600 | Negative Amortization | |
| Previous Owner | $298,200 | Fannie Mae Freddie Mac |
Source: California Desert Association of REALTORS®
MLS Number: 219134512
APN: 696-040-021
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