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43265 Passagio Lago Way
Indio, CA 92203
Sold
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.
PROPERTY INFORMATION
| MLS # | 219113088DA | Lot Size | 3,920 Sq. Ft. |
| HOA Fees | $300/Monthly | Property Type | Single Family Residence |
| Price | $ 739,900
Price Per SqFt: $ 306 |
DOM | 191 Days |
| Address | 43265 Passagio Lago Way | Type | Residential |
| City | Indio | Sq.Ft. | 2,416 Sq. Ft. |
| Postal Code | 92203 | Garage | 2 |
| County | Riverside | Year Built | 2021 |
| Bed / Bath | 5 / 3 | Parking | 4 |
| Built In | 2021 | Status | Closed |
| Sold Date | 2024-11-08 |
INTERIOR FEATURES
| Has Fireplace | No |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Refrigerator |
| Kitchen Information | Quartz Counters |
| Has Heating | Yes |
| Heating Information | Central, Natural Gas |
| Room Information | Family Room |
| Has Cooling | Yes |
| Flooring Information | Carpet, Tile |
| Has Spa | No |
| SpaDescription | Private, In Ground |
| SecuritySafety | 24 Hour Security, Gated Community |
EXTERIOR FEATURES
| Has Pool | Yes |
| Pool | In Ground, Private |
| Has Fence | Yes |
| Fencing | Block |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $789
- Home Insurance:$119
- HOA Fees:$300
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/16/2024 | Listed | $799,900 |
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Listing provided courtesy of David Colin, HomeSmart. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
