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Closed
$739,900($179,568 down)$3,513 /mo

43265 Passagio Lago Way, Indio, CA 92203

5 Bed ·3 Bath ·2416 Sqft
PITI Monthly
$3,729.35 /mo

Listing courtesy of: David Colin, HomeSmart

Assumed Rate

6.26%
7.52%

Principal & Interest

$3,513 /mo
$3,993 /mo

What's Special

SERENE
MODERN
GAME ROOM
BALCONY
LAKE VIEWS
MOUNTAIN VIEWS
INVESTMENT OPPORTUNITY
FULLY FURNISHED

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.

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Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Unknown
  • Heating: Central, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Terra Lago
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $306.25
  • Tax Annual Amount: $
  • On Market Date: 2024-06-17T00:00:00.000Z

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MLS ID: 219113088DA

Listing From:

Last updated: 2024-11-08T19:13:18.000Z

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Assumed Rate

6.26%
7.52%

Principal & Interest

$3,513 /mo
$3,993 /mo
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