Indio, CA 92203,43265 Passagio Lago WAY
Indio, CA 92203,43265 Passagio Lago WAY
Indio, CA 92203,43265 Passagio Lago WAY
Indio, CA 92203,43265 Passagio Lago WAY
Indio, CA 92203,43265 Passagio Lago WAY
Indio, CA 92203,43265 Passagio Lago WAY
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$722,500

$739,900

2.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

3 Baths

2,416 SqFt


SOLD DATE : 11/08/2024

Key Details

Sold Price $722,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,416 sqft

Price per Sqft $299

Subdivision Terra Lago

MLS Listing ID 219113088DA

Sold Date 11/08/24

Bedrooms 5

Full Baths 3

HOA Fees $300/mo

Year Built 2021

Lot Size 3,920 Sqft

Property Description

Sellers loss is your gain!! Major price reduction!!! 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!! You'll have hundreds a month on your electricity bills!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.

Location

State CA

County Riverside

Area Indio North Of East Valley

Interior

Heating Central, Natural Gas

Cooling Air Conditioning

Flooring Carpet, Ceramic Tile

Equipment Dishwasher, Dryer, Refrigerator, Washer

Exterior

Garage Attached, Driveway, Garage Is Attached

Garage Spaces 4.0

Fence Block

Pool In Ground, Private

Community Features Community Dock

Amenities Available Fitness Center, Lake or Pond, Picnic Area, Playground

Waterfront Description Lake

View Y/N Yes

View Lake, Mountains

Building

Story 2

Sewer In Connected and Paid

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by HomeSmart
Bought with Keller Williams Luxury Homes

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