42836 Del Lago Court, Indio, CA 92203

$975,000
5
BD
3
BA
2,431
SqFt

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List Price
$975,000
Status
ACTIVE
MLS#
219154303
Year Built
2005
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,431
Lot Size
7,841
Days on Market
1
Property Type
Single Family Residential
Stories
2
Neighborhood
Terra Lago

Property Description

Resort-Style Living Meets Investment Opportunity in Terra Lago! Welcome to 42836 Del Lago Court, where resort style living and income producing potential come together in the highly desirable, guard gated Terra Lago community of North Indio! Currently operating as an active, permitted short term vacation rental, this exceptional property offers an exciting opportunity for investors, vacation home buyers, or anyone seeking the ultimate desert getaway. Offering 2,431 square feet of thoughtfully designed living space, this desirable Venice floor plan by Ryland Homes features four original bedrooms, two additional office spaces converted into sleeping areas, and 2.5 bathrooms. Currently configured to accommodate up to 16 guests, this versatile home is ideal for larger groups, family gatherings, and vacationers visiting the Coachella Valley for its world renowned festivals, golf tournaments, and year round attractions. Situated on a generous 7,840 square foot lot, the property enjoys an enviable location just moments from Terra Lago's picturesque lake, resort style clubhouse, community pool and spa, and shaded playground. Beyond your doorstep, Terra Lago delivers the ultimate desert resort lifestyle! This 24 hour guard gated community features a spectacular 20 acre lake offering boating and catch and release fishing, scenic walking paths, and nearby championship golf, creating an atmosphere that feels like a year round vacation. And the location? Exceptional! Enjoy convenient access to world class golf, including nearby night golf, popular casinos, shopping, dining, outdoor recreation, and Interstate 10. The internationally renowned Coachella and Stagecoach festivals are also within easy reach. With an established vacation rental history, this property offers an appealing combination of personal enjoyment and income potential. Furnishings may be available through separate negotiation, and rental income records are available to qualified buyers. Buyers should independently verify short term rental permitting and occupancy requirements. Whether you're expanding your investment portfolio or searching for your own desert retreat, 42836 Del Lago Court offers an opportunity worth exploring!

Additional Information

Land Lease Type
Fee
HOA Fee
Yes
HOA
325
Frequency
Monthly
Association Amenities
Barbecue, Banquet Facilities, Billiard Room, Clubhouse, Fitness Center, Lake or Pond, Other, Picnic Area, Playground, Recreation Room, Tennis Court(s)
Pool
Yes
Pool Description
In Ground, Private
Spa
Yes
Fireplace Description
Gas Starter
Heat
Central, Fireplace(s)
Cooling
Air Conditioning, Central Air
View
Desert, Lake, Mountain(s), Panoramic, Pond
Parking
Garage Door Opener, Driveway
Garage Spaces Total
2
Sewer
In Street Paid
Elementary School
Oliphant
Middle School
Desert Ridge
High School
Shadow Hills

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LPT Realty.