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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
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
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
Building
Story 2
Sewer In, Connected and Paid
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard