Description
Stunning Lakefront Investment Opportunity - No Rental Restrictions! Welcome to a truly one-of-a-kind investment opportunity located in a community renowned for its short-term rental-friendly policies and NO rental restrictions. This beautifully appointed 4-bedroom, 3-full bathroom waterfront home offers the perfect blend of luxury, comfort, and exceptional income potential-an ideal choice for investors or anyone seeking a premium lakeside retreat. Public record shows 3 bedroom 3 bath the property is 4 bedroom 3 bath. Perfectly situated in the most desirable location on the lake, this property boasts easy access to top local attractions including Fantasy Springs Resort Casino, the world-famous Coachella and Stagecoach music festivals, and the prestigious annual Indian Wells Tennis Tournament. Whether you're looking for a high-performing income property or a relaxing vacation home, this residence delivers on all fronts. Comparable homes in the area generate over $130,000+ in annual gross rental income, and this expansive lakefront gem is poised to outperform expectations, thanks to its size, upgrades, and unbeatable location. This property is One of the largest homes on the lake with 4 spacious bedrooms and 3 full bathrooms Open-concept living area featuring luxury finishes, a stylish fireplace, and a built-in bar with wine fridge Chef's kitchen with high-end appliances, modern countertops, walk-in pantry, and ample cabinetry Designer-furnished interiors with modern, airy décor curated for guest comfort and style Step in outside to Resort-style backyard with: Sparkling pool with water and fire features, Oversized 12-person Jacuzzi (one of the largest in the area) Professional outdoor BBQ station Natural granite pavers and lush palm landscaping, Breathtaking views of the lake and picturesque bridge Property also comes with a Private boat dock. Furniture is available for purchase separate from the property per inventory. Also the boat in the garage also available for purchase separately
Details
| MLS # | CV26194948 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $320 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2006 |
| Days On Site | 61 |
| Listing Provided By | FIRST PACIIFIC REALTY | Alexander Seropian |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,726 |
| Garage | 2 |
| Pool | Yes |
| Story(s) | 2 |
| Units | 500 |
| Acreage | 0.09 |
| Golf Course | Yes |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Bedroom On Main Level, Walk In Closets |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Back Yard |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Dog Park, Golf, Lake, Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Indio |
| Zip Code | 92203 |
| Area | 311 Indio Central |
| Listing VS Median (in 92203) | |
Price: $950,000 low | high Med: $447,490 sqft: 2,726 low | high Med: 1,732 $ / sqft: $348 low | high Med: $258 On site: 61 low | high Med: 114 | |
Market Activity 92203
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Indio |
| Zip Code | 92203 |
| Area | 311 Indio Central |
| Listing VS Median (in 92203) | |
Price: $950,000 low | high Med: $447,490 sqft: 2,726 low | high Med: 1,732 $ / sqft: $348 low | high Med: $258 On site: 61 low | high Med: 114 | |
