2371 sqft | 4 beds | 3 baths | 0.14 acres | #219116501DA
Description
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!
Property Details
- InteriorBreakfastArea, BedroomOnMainLevel
- Property SubtypeSingleFamilyResidence
- Lot DescriptionSprinklerSystem
- ViewLake, Mountains
- MLS #219116501DA
- MLS #219116501DA
- SubdivisionTerra Lago
- CountyRiverside
- Property TypePurchase
- Original List Price$759,000
- Cost719900
- Acres0.14
- Square Feet2371
- Year Built2008
- Hoa Fees274
- Bedrooms4
- Bathrooms3
- Full Baths3
- Stories2
- Parking Spaces3
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Colin (#CDAR-D71885)
Listing Office: HomeSmart (#CDAR-oD22725)
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