Estimated payment $7,003/month
Total Views
6
4
Beds
2.5
Baths
2,478
Sq Ft
$404
Price per Sq Ft
Highlights
- Fitness Center
- Gated Community
- Secondary bathroom tub or shower combo
- In Ground Pool
- Community Lake
- Pool View
About This Home
Unlock the potential of this short-term rental-approved home in the sought-after Terra Lago community! Offered fully furnished, this spacious 4-bedroom, 2.5-bath, two-story home is a prime investment opportunity with exceptional income potential--grossing over $130,000 in 2023 (11 months) and over $115,000 in 2024 gross income! Designed for both comfort and profitability, this home features an expansive Great Room with a cozy fireplace and seamless flow into the open-concept kitchen, complete with a breakfast bar, ample storage, and a spacious dining area--perfect for hosting guests. A Den/Office with double doors, conveniently located near a half bath, can easily be converted into a 5th bedroom, increasing rental potential. Upstairs, the King-sized Primary Suite is a private retreat with a large walk-in closet, dual sinks, and a separate tub and shower. Three additional bedrooms--two with walk-in closets--offer stunning mountain views, while a built-in desk niche and an upstairs laundry room with natural light add extra convenience. The private, pool-sized backyard is ideal for outdoor relaxation and entertaining, while the oversized tandem garage accommodates up to 4 cars (or 3 cars and a boat) and includes extra workshop space--an attractive feature for renters or personal use. Located just steps from Terra Lago's resort-style amenities, including a lake, clubhouse, and scenic walking trails, this property offers the perfect balance of luxury and investment potential. Its prime location near shopping, dining, entertainment, medical facilities, and freeway access makes it even more desirable. With its fully furnished, turnkey setup and strong rental history, this home is a rare find in one of the desert's hottest short-term rental markets. Don't miss this incredible opportunity to own a high-income-producing property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,103
Year Built
- Built in 2006
Lot Details
- 8,712 Sq Ft Lot
- Sprinkler System
HOA Fees
- $269 Monthly HOA Fees
Interior Spaces
- 2,478 Sq Ft Home
- 1-Story Property
- Furnished
- Gas Fireplace
- Blinds
- Sliding Doors
- Great Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Pool Views
Kitchen
- Breakfast Bar
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Secondary bathroom tub or shower combo
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 601680036
- Special Tax Authority
Community Details
Overview
- Terra Lago Subdivision
- Community Lake
- Greenbelt
- Planned Unit Development
Amenities
- Community Barbecue Grill
- Banquet Facilities
- Billiard Room
Recreation
- Fitness Center
Security
- Resident Manager or Management On Site
- Gated Community
Map
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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 | $15,103 | $902,026 | $95,508 | $806,518 |
| 2023 | $15,103 | $867,000 | $91,800 | $775,200 |
| 2022 | $8,096 | $363,827 | $61,461 | $302,366 |
| 2021 | $8,177 | $356,694 | $60,256 | $296,438 |
| 2020 | $7,097 | $306,520 | $59,639 | $246,881 |
| 2019 | $7,049 | $300,511 | $58,470 | $242,041 |
| 2018 | $6,876 | $286,620 | $57,324 | $229,296 |
| 2017 | $6,572 | $269,000 | $67,000 | $202,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $1,000,000 | +255.9% | $404 / Sq Ft |
| 05/03/2017 05/03/17 | Sold | $281,000 | -2.8% | $113 / Sq Ft |
| 03/31/2017 03/31/17 | Pending | -- | -- | -- |
| 03/31/2017 03/31/17 | Price Changed | $289,000 | +2.1% | $117 / Sq Ft |
| 03/22/2017 03/22/17 | Price Changed | $283,000 | -3.4% | $114 / Sq Ft |
| 02/21/2017 02/21/17 | For Sale | $293,000 | -- | $118 / Sq Ft |
Source: California Desert Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | None Listed On Document | |
| Grant Deed | $140,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $335,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,500 | New Conventional | |
| Closed | $637,500 | New Conventional | |
| Previous Owner | $11,132 | FHA | |
| Previous Owner | $275,910 | FHA | |
| Previous Owner | $226,700 | New Conventional | |
| Previous Owner | $245,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Indio, CA
Source: California Desert Association of REALTORS®
MLS Number: 219133573
APN: 696-130-036
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