43085 Passagio Lago Way, Indio, CA 92203
- $900,000
- 4
- BD
- 3
- BA
- 2,366
- SqFt
- Sold Price
- $900,000
- List Price
- $949,900
- Closing Date
- Dec 18, 2023
- Status
- CLOSED
- MLS#
- 219094869
- Year Built
- 2022
- Bedrooms
- 4
- Bathrooms
- 3
- Living Sq. Ft
- 2,366
- Lot Size
- 7,800
- Days on Market
- 0
- Property Type
- Single Family Residential
- Stories
- 2
- Neighborhood
- Terra Lago
Property Description
Escape reality and step into luxury with this brand new 5 bedroom, 3 and a quarter bath home, complete with all the amenities you need for your dream staycation. Enjoy a refreshing dip in the new pool or heated spa, gather around the sunken firepit that seats up to 10, or practice your putting skills on the 4 hole putting green. You'll never want to leave this oasis, complete with a custom BBQ, artificial grass, and stunning views of the mountains, park, and lake. Inside the home, you'll find each of the five bedrooms thoughtfully designed with comfort in mind. The loft upstairs boasts views of the lake and mountains, as do all of the bedrooms. The master bedroom features a private balcony with breathtaking Western mountain views and an ensuite bathroom. Be prepared to be dazzled by the modern kitchen featuring black quartz countertops and ample cabinet space perfect for creating gourmet meals. Nestled on a special corner lot with only one neighbor and situated across the lake from a picturesque European-style bridge, this home is located in Terra Lago, a gated community in the city of festivals. A short drive away, you'll find some of the most popular festivals in the country with Coachella and Stagecoach taking place in the community. Terra Lago is also a favorite spot for short-term vacation rentals, making it an ideal investment opportunity for those looking for a vacation home with plenty of earning potential. Luxury and relaxation await in this stunning home, making it the perfect place to create unforgettable memories with family and friends. Don't miss out on your chance to own an exceptional retreat in a sought-after location. Vacation rental properties in this community can easily generate north of $15,000 a month in gross rental income making this a great purchase for a 1031 tax exchange or as a property to hedge against inflation and generate passive income. Come and see what all the rage is about in the ever popular Coachella Valley desert!
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Additional Information
- Land Lease Type
- Fee
- HOA Fee
- Yes
- HOA
- 275
- Association Amenities
- Barbecue, Billiard Room, Fitness Center, Guest Parking, Lake or Pond, Playground
- Association Fees Include
- Cable TV
- Pool
- Yes
- Pool Description
- Salt Water, Private, In Ground
- Spa
- Yes
- Fireplace Description
- Gas
- Heat
- Natural Gas, Central
- Cooling
- Air Conditioning
- View
- Lake, Mountain(s), Park/Greenbelt, Panoramic, Trees/Woods
- Parking
- Driveway
- Garage Spaces Total
- 2
- Sewer
- In, Connected and Paid
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Listing courtesy of HomeSmart. Selling Office: .