• 43265 Passagio Lago Way Indio, CA 92203

  • $839,900
  • 4
    Bed(s)
  • 3
    Baths
  • 2,416
    Sq Ft
  • 3920
    Sqft
  • Listed By: David Colin, HomeSmart, DRE #01710306
  • Source: CRMLS

Experience the best of both worlds with this brand new, fully furnished home located just across the street from the serene lake with breathtaking mountain and lake views. This stunning home is perfect for those seeking short-term rental investment opportunities, as it is located within the highly sought-after Terra Lago community that allows unlimited short-term rental bookings.Designed with the utmost attention to detail, this home features custom blinds throughout, designer furnishings, electronics, and a game room that can also be converted into an additional bedroom. The exquisite kitchen boasts quartz countertops, a custom backsplash and overlooks the stunning family room, making it perfect for entertaining.Step outside to the brand new modern pool and spa with a dual spillway, custom firepit, custom BBQ area and porch area, and enjoy the picturesque views that surround you. In the master bedroom, you'll find an elegant balcony with spectacular western mountain views. Did I mention that this property comes with solar paid for for the next 20 years!!Located in Indio, the city of festivals, this home is sure to provide a luxurious and comfortable lifestyle. If you're looking for a lucrative investment opportunity, this property can easily generate an instant cash flow with a very attractive cap rate for those in search of a 1031 tax exchange.Don't miss your opportunity to own a piece of the Coachella Valley and make this stunning home your own!

Property Type :

Residential

Subdivision :

Fallbrook

County :

Riverside

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 3

Full Baths: 3

Half Baths: 0

Interior Features

Property Appliances: Dishwasher,Refrigerator

Flooring: Carpet,Tile

Cooling Features

Air Conditioning

Heating Source

Central,Natural Gas

Has Heating

Fireplace

Has Fireplace: 0

Building Information

Year Built: 2021

Security Features

Gated Community,24 Hour Security

Pool Features

In Ground,Private

Fencing

Block

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.09

Lot Size Source: Assessor

Lot Size Square Feet: 3920

Listing Price Information

Original List Price: 839,900

Listing Contract Date: 2024-01-03

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 696070024

Garage and Parking

Garage Description: Driveway

Attached Garage: Yes

Homeowners Association

Association: Yes

Association Amenities: Fitness Center,Lake or Pond,Picnic Area,Playground

Association Fee: 300

AssociationFee Frequency: Monthly

Calculated Total Monthly Association Fees: 300

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 309 - Indio North of East Valley

Postal Code Plus 4: 2933

Directions: Google Maps Cross Street: Terra Lago Pkwy.

Source Property Type: Residential

Area: 309 - Indio North of East Valley

Property SubType: Single Family Residence

Building and Construction

Property Age: 3

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 2416

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
79291 Avenue 40, Indio, CA,92203 $1,195,000 -- -- -- 181645 Sqft
Avenue 40, Indio, CA,92203 $429,000 -- -- -- 1.1 Acres
84136 Ave 44, #250 #250, Indio, CA,92203 $94,900 1 1 400 2068 Sqft
Caspian Street, Indio, CA,92203 $717,000 -- -- -- 44867 Sqft
Old Aqueduct Rd. Road, Indio, CA,92203 $45,000 -- -- -- 871200 Sqft
81919 Avenida Bienvenida, Indio, CA,92203 $449,000 2 1 1,488 5227 Sqft
80459 Camino Santa Elise, Indio, CA,92203 $579,000 2 2 2,569 7841 Sqft
Desert Park 5acres, Indio, CA,92203 $250,000 -- -- -- 217800 Sqft
84136 Ave 44, 486 #486, Indio, CA,92203 $175,500 1 1 400 2178 Sqft
697009003 40 Acres, Indio, CA,92203 $600,000 -- -- -- 1742400 Sqft

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ByOwner last updated this listing 05/17/2024 @ 23:39

MLS: 219104702DA
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.

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