**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!
Property Details
Price:
$998,900
MLS #:
219126729DA
Status:
Active
Beds:
4
Baths:
3
Address:
84290 Tramonto Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Terra Lago
City:
Indio
Listed Date:
Mar 18, 2025
State:
CA
Finished Sq Ft:
1,926
ZIP:
92203
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
2010
Schools
Interior
Appliances
Gas Range, Microwave, Water Line to Refrigerator, Refrigerator, Dishwasher
Flooring
Tile, Vinyl
Heating
Central, Natural Gas
Exterior
Association Amenities
Barbecue, Recreation Room, Playground, Management, Lake or Pond, Gym/ Ex Room, Clubhouse, Clubhouse Paid, Security, Cable T V
Fencing
Block
Garage Spaces
2.00
Lot Features
Sprinkler System
Parking Features
Driveway
Pool Features
In Ground, Pebble, Private
Security Features
24 Hour Security, Gated Community, Card/ Code Access
Spa Features
Private, In Ground
Stories Total
1
View
Canal, Mountain(s), Lake
Financial
Association Fee
300.00
Utilities
Cable Available
Map
Community
- Address84290 Tramonto Way Indio CA
- SubdivisionTerra Lago
- CityIndio
- CountyRiverside
- Zip Code92203
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84290 Tramonto Way
Indio, CA
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