Welcome to your dream home in Paloma Estates, located in the desirable area of Coachella/Indio border! This magnificent home boasts 5 bedrooms, 3 baths, and a possible 6th bedroom, all spread out over a massive 3,000 square feet. This home also has a three car garage which can be converted into massive game room. There's also the possibility of R.V parking! You will love the open feel of this home, with a formal living room and family room perfect for hosting guests. This home also comes with leased solar.The backyard of this oasis has a newer aluma-wood covered patio with a newer putting green and artificial turf area that requires minimal maintenance. You will enjoy the pool and raised spa that come with overflowing water features, and there is plenty of room to add your custom BBQ and bocce ball court. This home is perfect for the savvy investor as it is situated in a non-gated community that allows unlimited short-term rentals, making it a highly sought-after option for the many visitors who plan to attend Coachella and Stage Coach festivals yearly. This can also be a perfect 1031 tax exchange purchase. Opportunities for a property with 6 bedrooms are minimal, which makes this gem a rare find and ready to generate significant income.Located walking distance from dining and shopping centers, this home is also minutes away from the freeway, giving you fast access to any area in Coachella Valley.
Property Type :
Residential
Subdivision :
Fallbrook
County :
Riverside
Style :
Residential
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ByOwner last updated this listing 05/17/2024 @ 20:52
MLS: 219107700DA
LISTED BY: David Colin, HomeSmart
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
