83624 Glendora Ridge Avenue, Coachella, CA 92236

$640,000
5
BD
3
BA
2,940
SqFt

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Sold Price
$640,000
List Price
$649,800
Closing Date
Jun 03, 2024
Status
CLOSED
MLS#
219107700
Year Built
2005
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,940
Lot Size
6,098
Days on Market
80
Property Type
Single Family Residential
Stories
2
Neighborhood
La Paloma Estates

Property Description

Welcome to your dream home in Paloma Estates, located in the desirable area of Coachella/Indio border! This magnificent home boasts 5 bedrooms, 3 baths, and a possible 6th bedroom, all spread out over a massive 3,000 square feet. This home also has a three car garage which can be converted into massive game room. There's also the possibility of R.V parking! You will love the open feel of this home, with a formal living room and family room perfect for hosting guests. This home also comes with leased solar. The backyard of this oasis has a newer aluma-wood covered patio with a newer putting green and artificial turf area that requires minimal maintenance. You will enjoy the pool and raised spa that come with overflowing water features, and there is plenty of room to add your custom BBQ and bocce ball court. This home is perfect for the savvy investor as it is situated in a non-gated community that allows unlimited short-term rentals, making it a highly sought-after option for the many visitors who plan to attend Coachella and Stage Coach festivals yearly. This can also be a perfect 1031 tax exchange purchase. Opportunities for a property with 6 bedrooms are minimal, which makes this gem a rare find and ready to generate significant income. Located walking distance from dining and shopping centers, this home is also minutes away from the freeway, giving you fast access to any area in Coachella Valley. Don't miss this opportunity to secure your spot in one of the fastest-growing areas with an affordable home that has so much potential

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Heated, Private, In Ground, Pebble
Spa
Yes
Fireplace Description
Gas
Heat
Central
Cooling
Air Conditioning
Parking
Direct Access
Garage Spaces Total
3
Sewer
Connected on Bond

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HomeSmart. Selling Office: .