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84125 Tramonto Way
Indio, CA 92203
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away.As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development.In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
PROPERTY INFORMATION
| MLS # | 219112992DA | Lot Size | 5,663 Sq. Ft. |
| HOA Fees | $300/Monthly | Property Type | Single Family Residence |
| Price | $ 719,900
Price Per SqFt: $ 414 |
DOM | 315 Days |
| Address | 84125 Tramonto Way | Type | Residential |
| City | Indio | Sq.Ft. | 1,737 Sq. Ft. |
| Postal Code | 92203 | Garage | 2 |
| County | Riverside | Year Built | 2011 |
| Bed / Bath | 4 / 2 | Parking | 4 |
| Built In | 2011 | Status | Active |
INTERIOR FEATURES
| Has Fireplace | Yes |
| Fireplace Information | Gas, Family Room |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Central, Natural Gas |
| Room Information | Great Room |
| Has Cooling | Yes |
| Flooring Information | Vinyl |
| Has Spa | No |
| SpaDescription | Private, In Ground |
| SecuritySafety | 24 Hour Security, Gated Community |
EXTERIOR FEATURES
| Has Pool | Yes |
| Pool | In Ground, Electric Heat |
| Has Fence | Yes |
| Fencing | Block |
| Has Sprinklers | Yes |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $768
- Home Insurance:$119
- HOA Fees:$300
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/13/2024 | Listed | $719,900 |
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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.
