Property
Beds
3
Full Baths
2
1/2 Baths
1
Year Built
2005
Sq.Footage
2,274
Stunning Lakefront Luxury Home with $300K+ in Upgrades | Largest Dock on the Lake | Successful STR IncomeWelcome to a truly rare offering in the highly sought-after Terra Lago community of Indio, California - the City of Festivals. This exquisite lakefront residence boasts over $300,000 in recent upgrades, no homes directly in front, and unparalleled views of the lake, surrounding mountains, and the European-style bridge.One of the home's most unique features is its expanded dock - the largest on the lake. Originally granted only to the first homes built, this rare addition extends outdoor living by nearly 5 feet, a benefit no longer permitted, making it truly one-of-a-kind.Step outside to your resort-style backyard oasis, complete with a sparkling pool, spa, multiple lounge areas, custom BBQ kitchen, firepit, and a massive weatherproof outdoor TV. Foggers in the pool, misters throughout the patio, and cool-decking ensure ultimate comfort even on the warmest desert days. At night, enjoy the ambient lighting that transforms the space into a private retreat.Inside, every detail exudes elegance. The chef's kitchen rivals the finest in design and function, complemented by Italian marble flooring throughout. The dining room showcases a dazzling Swarovski chandelier, and all designer furnishings are included in the sale. A custom glass staircase railing and striking chandelier set the tone as you move upstairs to the custom arcade/game room.The primary suite is both chic and serene, complete with an adjacent nursery and a spa-inspired bathroom featuring marble finishes, a freestanding soaking tub, dual showers (one with a custom steam room), and access to a private balcony with breathtaking views. The additional bedrooms are equally stylish, offering thoughtful touches for family and guests.This home is not only a luxurious retreat but also a proven income-producing asset. In 2024 it generated $140,000 in gross STR revenue, and it has already surpassed $100,000 in 2025 (per management company records). With no rental restrictions in Terra Lago, it's an ideal opportunity for investors seeking a 1031 exchange or buyers looking to enjoy passive income.Located minutes from the world-renowned Coachella and Stagecoach Festivals, Terra Lago continues to thrive as the Coachella Valley expands, with the airport set to double in gates to handle record-breaking visitor traffic.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Stone
-
Other Exterior Features
Dock
-
Parking
Attached, Driveway
-
Pool
Yes
-
Pool Features
Private, Electric Heat, In Ground
-
View
Lake, Mountain(s), Panoramic
Area & Lot
-
Lot Size(acres)
0.09
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,099,900
-
Sq. Footage
2, 274
-
Price/SqFt
$483
HOA
-
Association
YES
-
Association Fee
$300
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
Billiard Room, Clubhouse, Fitness Center, Management, Playground, Cable TV
-
Senior Community YN
NO
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Location
County
Riverside
Elementary School
Middle School
High School
Listing Courtesy of David Colin , HomeSmart
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