Indio, CA 92203 84066 Olona Court
$846,800
37 more
Presented By: David Colin with HomeSmart;
Home Details
'Back on market, no fault of the seller. After multiple offers, one buyer's loss is your gain!' Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning designer furnished 4-be8droom, 2 and half bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded newer pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. This home comes with all the bells and whistles that you would expect in a premium and successful short term rental. This home grossed $10,000 for the month of March and gross over $15,000 of income for April! With a putting green and minimal maintenance backyard , this home will take your breath away. As a bonus, this property is priced to sell in todays market, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development. In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property.
Presented By: David Colin with HomeSmart;
Interior Features for 84066 Olona Court
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths1
3/4 Baths0
Full Baths2
Half Baths
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom, Gas
Fireplace Y/NYes
FlooringCarpet, Vinyl
Heating Y/NYes
Street SuffixCourt
Total Stories2
General for 84066 Olona Court
Additional Parcels Y/NNo
AppliancesDishwasher, GasRange, Microwave, Refrigerator
Assoc Fee Paid PerMonthly
Association AmenitiesBilliardRoom, FitnessCenter, LakeorPond
Attached Garage Yes
Carport Spaces0.0
Carport Y/NNo
CityIndio
Community FeaturesGated
CountyRiverside
Days on Market66
DirectionsGoogle Maps Cross Street: Terra Lago PKWY.
DisclosuresCovenantsRestrictionsDisclosure
Garage Spaces2.0
Garage Y/NYes
HOA300.0
HOA / Comm AssnYes
HeatingCentral, NaturalGas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet5227.0
MLS Area309 - Indio North of East Valley
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces2.0
Pool FeaturesInGround, Pebble, Private
PossessionCloseOfEscrow
Private PoolYes
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Security FeaturesGatedCommunity, Item24HourSecurity
Senior Community Y/NNo
Spa FeaturesHeated, InGround, Private
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameOlona
Subdivision NameTerra Lago
UtilitiesCableAvailable
ViewMountains
View Y/NYes
Walk Score0
Waterfront Y/NNo
Year Built2007
Year Built SourceAssessor
Exterior for 84066 Olona Court
Crops Included Y/NNo
FencingBlock
Horse Y/NNo
InclusionsAll furnishings, accessories and electronics
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklerSystem
Lot Size Acres0.12
Lot Size Area5227.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
Parking FeaturesDirectAccess, Garage, GarageDoorOpener
SpaNo
Total Parking4.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480