84066 Olona Court, Indio, CA

$846,800

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4

Beds

2

Baths

2,338

Square feet

About 84066 Olona Court

'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. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat. Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities. This is the time to invest in the thriving Coachella Valley, and this home provides an unrivaled opportunity to do so.

Features of 84066 Olona Court

MLS® # 219107775
Price $846,800
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 2,338
Acres 0.00
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 84066 Olona Court
Area 309 - Indio North of I-10
Subdivision Terra Lago
City Indio
County Riverside
State CA
Zip Code 92203-2967

Amenities

Amenities Basketball Court, Billiard Room, Fitness Center, Lake or Pond
Parking Spaces 4
Parking Direct Entrance, Garage Door Opener, Total Uncovered/Assigned Spaces
# of Garages 2
View Mountain(s)
Has Pool Yes
Pool Private, Pebble, In Ground

Interior

Appliances Dishwasher, Dryer, Gas Range
Heating Central, Natural Gas
Cooling Air Conditioning
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas

Exterior

Lot Description 5227

Additional Information

Days on Market 82
Short Sale No
RE / Bank Owned No

Listing Details

AgentDavid Colin
OfficeHomeSmart

Listing Map

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