84637 Pavone Way, Indio, CA 92203
- $699,900
- 4
- BD
- 3
- BA
- 2,371
- SqFt
- Sold Price
- $699,900
- List Price
- $699,900
- Closing Date
- Mar 21, 2025
- Status
- CLOSED
- MLS#
- 219124556
- Year Built
- 2008
- Bedrooms
- 4
- Bathrooms
- 3
- Living Sq. Ft
- 2,371
- Lot Size
- 6,098
- Days on Market
- 38
- Property Type
- Single Family Residential
- Stories
- 2
- Neighborhood
- Terra Lago
Property Description
On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity. This property is a successful part- time vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $120,000 yearly in vacation rental income and this listing will do the same or more. The backyard is ready for entertaining with a custom firepit, covered patio, large pool & spa with room to add a water slide, putting green, newer aluma-wood patio, outdoor pool table and has gorgeous mountain views. The interior offers four bedrooms, three baths and three car garage. The interior has newer furnishings, newer flooring, newer paint and many more upgrades to list. The upstairs master bedroom has a private balcony with beautiful southern views of the Santa Rosa mountains and also overlooks the community lake. This home is a winner, is being offered furnished and is ready to start generating income immediately! This will be a great 1031 tax exchange purchase to generate passive income for many years to come. Don't overlook the fact that this is one of very few communities that still allows short term rentals and this community is a hidden gem!
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Additional Information
- Land Lease Type
- Fee
- HOA Fee
- Yes
- HOA
- 274
- Association Amenities
- Barbecue, Banquet Facilities, Billiard Room, Biking Trails, Clubhouse, Fitness Center, Guest Parking, Lake or Pond
- Association Fees Include
- Building & Grounds, Clubhouse, Cable TV, Security
- Appliances
- Dishwasher, Ice Maker, Refrigerator, Washer, Microwave
- Pool
- Yes
- Pool Description
- Salt Water, Private, In Ground
- Spa
- Yes
- Fireplace Description
- Gas
- Heat
- Natural Gas, Central
- Cooling
- Air Conditioning
- View
- Lake, Mountain(s)
- Parking
- Direct Access, Driveway
- Garage Spaces Total
- 3
- Sewer
- In Street on Bond
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Listing courtesy of HomeSmart. Selling Office: .