Calling all savvy investors! This 3142 square foot property in Terra Lago is a lucrative investment waiting to be seized. With 4 br and 3 ba, plus an additional versatile futon room that can easily serve as a 5th br for your short-term rental, this property is primed for maximizing rental income and ROI. Renovated with approximately $100k in new furnishings, including the upgrade to luxurious vinyl plank flooring and a top-of-the-line pool heater, putting green, and game room this home is designed to impress both guests and investors alike. The short-term rental approval and active rental history ensure immediate income generation, making it a turnkey investment opportunity for those seeking to capitalize on the thriving vacation rental market. But that's not all! What truly sets this property apart is its standout feature: the $150,000 Teserra saltwater pool and spa, which is not only the largest pool in Terra Lago but also situated on the largest lot in the community. This enticing amenity is sure to attract guests seeking a luxurious and indulgent retreat, further enhancing the property's rental appeal and income potential. Situated on a sprawling half-acre lot at the end of a court, privacy and tranquility are guaranteed, enhancing the appeal to potential renters and ensuring high occupancy rates throughout the year. With a 3-car garage and a driveway accommodating 10+ cars, parking convenience is never a concern, adding another layer of desirability for renters.
Property Type :
Residential
County :
Riverside
Style :
Residential
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ByOwner last updated this listing 05/11/2024 @ 17:40
MLS: 219109321DA
LISTED BY: Angela Maciel-Gibbons, HomeSmart
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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.
