Indio, CA 92203,84290 Tramonto WAY
Indio, CA 92203,84290 Tramonto WAY
Indio, CA 92203,84290 Tramonto WAY
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84290 Tramonto WAY Indio, CA 92203

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Frances Inda

Frances Inda

Coldwell Banker West

+1(858) 753-3405

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,926 sqft

Price per Sqft $518

Subdivision Terra Lago

MLS Listing ID 219126729DA

Bedrooms 4

Full Baths 3

Condo Fees $300

HOA Fees $300/mo

HOA Y/N Yes

Year Built 2010

Lot Size 6,969 Sqft

Property Sub-Type Single Family Residence

Property Description

**Stunning Serene Lake Home - Unbeatable Value in Terra Lago!****Price:** $160,000 BELOW its nearest competitor!Welcome to your dream escape in the prestigious Terra Lago community! Nestled on the highly sought-after side of the lake, this enchanting 4-bedroom, 3-full-bath home boasts unparalleled comfort and stunning natural beauty, all at a price that's significantly lower than comparable properties on the market. With a generous lot size and detached structure, you'll enjoy the privacy and spaciousness that the other side of the lake simply can't offer.**Property Highlights:**- **4 Bedrooms & 3 Full Baths:** Perfect for family gatherings or entertaining friends, this home comes fully furnished, allowing you to move right in with ease.- **Impressive Outdoor Oasis:** Step outside to your private paradise featuring a large pool and spa, expansive covered patio, and breathtaking views of the lake, mountains, and the picturesque European-style bridge. Ideal for summer barbecues and sunset soirees!- **Investment Potential:** Comparable short-term rentals in the area have generated up to $140,000 in annual gross income, making this property not only a beautiful retreat but also a lucrative investment opportunity. This home is ready to start generating passive income immediately!- **Community Amenities:** Enjoy the added peace of mind from 24-hour guard-gated security, alongside access to a beautiful lake, lush green belts, parks, sidewalks, playgrounds, and a clubhouse featuring a fitness center - perfect for an active lifestyle.*Prime Location:** Located in the vibrant city of Indio, known as the 'City of Festivals,' you'll be just minutes away from legendary events like Coachella and Stagecoach. Additionally, exciting developments like futuristic wave parks are on the horizon, positioning this area for explosive growth in the coming years.This lake home presents a rare opportunity to secure a premier investment in a community rich with amenities and potential. Whether you're seeking a vacation retreat, a smart addition to your real estate portfolio, or a strategic 1031 tax exchange purchase, this property is a must-see! On average short-term rentals generate a much higher return on your investment than long-term rentals and you can also enjoy it yourself or the family!*Don't miss your chance - properties like this at such an attractive price piqued for high returns are hard to come by! Contact us today for your private showing!

Location

State CA

County Riverside

Area 309 - Indio North Of East Valley

Interior

Heating Central, Natural Gas

Flooring Tile, Vinyl

Inclusions All furnishings, electronics and accessories.

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Water To Refrigerator

Exterior

Parking Features Driveway

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool In Ground, Pebble, Private

Community Features Gated

Utilities Available Cable Available

Amenities Available Clubhouse, Fitness Center, Lake or Pond, Management, Barbecue, Playground, Recreation Room, Security, Cable TV

View Y/N Yes

View Canal, Lake, Mountain(s)

Attached Garage Yes

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description Sprinkler System

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 696040005

Security Features Gated Community,24 Hour Security,Key Card Entry

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by David Colin • HomeSmart

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agent

Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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84290 Tramonto WAY