43265 Passagio Lago Way
Indio, CA 92203
- 5 beds
- 3 baths
- 2,416 sqft
- $299 per sqft
- 2021 build
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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.
Listing courtesy of DAMLS / HomeSmart
Last checked:
Checking…
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Last updated Nov 8, 2024
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MLS# 219113088 —
The Building
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Year Built:2021
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Year Built Source:Assessor
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Year Established:None
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New Construction:No
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Building Area Total:2416.0
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Building Area Source:Assessor
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# of Buildings:None
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# of Units Total:None
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Unit Number:None
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Building Name:None
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Building Features:None
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Stories:None
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Stories Total:2
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Levels:Two
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Security Features:24 Hour Security
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Basement:None
Interior
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Rooms Total:None
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Furnished:Furnished
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Entry Location:None
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Interior Features:Quartz Counters
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Flooring:Carpet, Ceramic Tile
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Fireplace:false
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Family Room:true
Room Dimensions
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Living Area:2416.0
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Living Area Source:None
Location
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Directions:None
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Cross Street:Terra Lago mPwky
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Lakefront:true
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Latitude:33.73491
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Longitude:-116.193362
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Topography:None
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Lot Size Area:3920.0
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Lot Dimensions Source:None
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Lot Size Source:Assessor
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Zoning:None
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Current Use:None
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Possible Use:None
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View:Lake, Mountain(s)
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View:true
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Property Attached:No
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Exclusions:The shag print art piece
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Water Body Name:None
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Waterfront:true
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View:Yes
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Fencing:Block
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Road Frontage Type:None
Listing Agent
- Contact info:
- Agent phone:
- (760) 702-4908
- Office phone:
- (760) 844-7500
Taxes
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Tax Year:None
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Tax Annual Amount:None
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Tax Legal Description:None
Beds
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Bedrooms Total:5
Baths
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Total Baths:3.0
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Total Baths:3
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Full Baths:3
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Partial Baths:None
The Listing
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Home Warranty:No
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Disclosures:CC & R
Heating & Cooling
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Heating:Central, Natural Gas
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Heating:true
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Heating -Central:true
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Heating Fuel -Natural Gas:true
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Cooling:Air Conditioning
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Cooling:true
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Cooling Type -Air Conditioning:true
Utilities
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Sewer:In, Connected and Paid
Appliances
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Appliances:Dishwasher, Dryer, Refrigerator, Washer
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Refrigerator:true
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Dishwasher:true
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Washer:true
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Dryer:true
Schools
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:Terra Lago
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Gated Community:Yes
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Senior Community:false
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Senior Community:No
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Community Features:Community Dock
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Waterfront Features:Lake
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Spa:true
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Pool:Yes
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Private Pool:true
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Pool Private:true
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Pool Private:true
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Pool Features:Private, In Ground
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Pets Allowed:None
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HOA Fee:300.0
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Association:true
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Association Name:None
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Association Amenities:Dry Dock, Fitness Center, Lake or Pond, Picnic Area, Playground
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Association Fee:300.0
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Association Fee Frequency:Monthly
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Cap Rate:None
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Spa Features:Private, In Ground
Parking
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Garage:Yes
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Garage Description:Attached
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Garage Spaces:2.0
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Covered Spaces:None
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Parking Total:4.0
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Parking Features:Driveway, Total Uncovered/Assigned Spaces
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Open Parking Spaces:None
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Attached Garage:true
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Total Uncovered Assigned Spaces:2.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/8/24
Nov 8, 2024
|
Pending | DAMLS | $722,500 | |
11/8/24
Nov 8, 2024
|
Sold | DAMLS | $722,500 | -2.4% |
9/27/24
Sep 27, 2024
|
Sold Subject To Contingencies | DAMLS | $739,900 |