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Indio,CA 92203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $483
Subdivision Terra Lago
MLS Listing ID 219134840
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2005
Lot Size 3,920 Sqft
Property Sub-Type Single Family Residence
Property Description
Stunning Lakefront Luxury Home with $300K+ in Upgrades | Largest Dock on the Lake | Successful STR Income
Welcome 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. Key Features:
$300K+ in recent upgrades
Largest dock on the lake (rare grandfathered feature)
Lake, mountain & bridge views with no homes in front
Resort-style backyard: pool, spa, BBQ, firepit, misters, foggers, outdoor TV
Italian marble flooring, Swarovski chandelier, high-end furnishings included
Glass staircase railing & custom chandelier
Custom arcade/game room
Chic primary suite with steam shower, freestanding tub & balcony
Proven STR revenue: $140K (2024), $100K+ YTD (2025)
Located in Terra Lago, Indio - "The City of Festivals"
This is the perfect home for the most discriminating buyer or savvy investor looking for unmatched luxury, rental potential, and a true desert lifestyle experience.
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Central,Natural Gas
Cooling Air Conditioning
Furnishings Furnished
Fireplace false
Exterior
Parking Features true
Garage Spaces 2.0
Pool Heated,Private,In Ground
Utilities Available Cable TV
Waterfront Description Lake
View Y/N true
View Lake,Mountain(s),Panoramic
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer In, Connected and Paid
Level or Stories Two
Others
HOA Fee Include Cable TV,Clubhouse
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard