84637 Pavone Way, Indio, CA 92203

$769,000 Asking Price

4 beds
3 baths
2,371  sqft
Built in 2008

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!


Features & Amenities

Interior

General:
Bedroom on Main Level
Appliances:
Dishwasher,Ice Maker,Microwave,Refrigerator
Flooring:
Carpet,Tile
A/C:
true
Heating:
true, Central,Natural Gas
Fireplace:
Family Room,Gas, Fireplace

Exterior

General:
In Ground,Private
Pool:
In Ground,Salt Water
Parking:
Direct Access,Driveway,Garage, Parking spaces: 5

Construction

General:
2

Location

HOA Amenities:
Billiard Room,Clubhouse,Fitness Center,Lake or Pond,Meeting/Banquet/Party Room,Barbecue,Security,Trail(s),Cable TV, 274.0, Monthly
Originating MLS:
CRMLS
County:
Riverside

Lot

Zoning:
696100057
View:
Lake,Mountain(s), View
Fencing:
Block

Financial

Source:
CRMLS

This listing courtesy of:
HomeSmart, David Colin

About Indio, CA

Housing

Number of Units
38,920
Median Home Value
$298,511
Median Rent
$1,093

29.48% of housing units are renter occupied.

15.31% are vacant.

Commute

Car
83.10%
Public Transportation
0.63%
Walk to Work
1.03%
Work from Home
14.42%
Other
0.47%

The median travel time to work is 20 minutes.

People

Population
100,429
Median Age
40.50
Median Household Size
2.49

Education

High School
34.65%
Associate’s Degree
5.98%
Bachelor’s Degree
11.31%
Graduate Degree
6.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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