43180 Armonia Court, Indio, CA 92203

$980,000
4
BD
3
BA
2,416
SqFt

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Sold Price
$980,000
List Price
$999,900
Closing Date
Feb 26, 2025
Status
CLOSED
MLS#
219121946
Year Built
2018
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,416
Lot Size
3,920
Days on Market
56
Property Type
Single Family Residential
Stories
2
Neighborhood
Terra Lago

Property Description

*Luxury Lakeside Retreat with Unmatched Custom Backyard Oasis* One of the highest income producing properties in Terra Lago. This beauty of a home has grossed over $187k in verifiable bookings within the last 18 months per financials provided by the property manager. This home is a cash cow that will blow your expectations and be the perfect replacement home for your 1031 tax exchange. If you're a savvy investor and are looking for a winner to supplement your returns, look no further!! Welcome to your dream home, a stunning lakeside sanctuary nestled in the prestigious community of Terra Lago, Indio, CA. The exterior of the property entails a good-sized pool with one of the biggest Jacuzzi's in the lake that comfortably seats up to 12. The backyard has the desirable majestic south facing endless views of the lake and European style bridge that is hard to match on the lake. Located in the short-term rental-friendly community of Terra Lago with no rental restrictions, this property is perfect for generating passive income for years to come. This property can also be the perfect 1031 tax exchange to add to your real estate portfolio and wow your friends, family, and guests. This newer build has four bedrooms, 3.5 baths, 2 laundry rooms and a upstairs loft that can be converted into a 5th bedroom. Did i mention this home comes designer furnished down to every last accessory. Premier homes like this are hard to find on the lake and will not last. This Airbnb home is a no-brainer to generate great returns on your investment. This one of a kind home is a winner and will exceed your expectations. Don't miss out on this opportunity!

Additional Information

Land Lease Type
Fee
HOA Fee
Yes
HOA
300
Association Amenities
Billiard Room, Clubhouse, Fitness Center, Park
Appliances
Dryer, Dishwasher, Refrigerator, Washer, Gas Range
Pool
Yes
Pool Description
Heated, Private, In Ground
Spa
Yes
Heat
Natural Gas, Central
Cooling
Air Conditioning
View
Lake, Mountain(s)
Parking
Direct Access
Garage Spaces Total
2
Sewer
In, Connected and Paid

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart. Selling Office: .