84066 Olona Court, Indio

Under Contract Fee Land

$846,900

Previous Next

4

Beds

3

Baths

2,338

Square feet

0.12

Acres

Listing Agent
David Colin - HomeSmart

About 84066 Olona Court

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-bedroom, 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 is on pace to gross over $10,000 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.

84066 Olona Court is a Residential property for sale. This Residential property is on Fee land and the current price is $846,900. This property has 4 bedrooms and 3.00 bathrooms and it was built in 2007. 309 - Indio North of East Valley property has been listed on www.geoffreymoore.com for 62 days.

Features of 84066 Olona Court

MLS® # 219107775DA
Price $846,900
HOA Fees 300
HOA Fees Freq. Monthly
Bedrooms 4
Bathrooms 3.00
Full Baths 2
Square Footage 2,338
Acres 0.12
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Status Active Under Contract

Community Information

Address 84066 Olona Court
Area 309 - Indio North of East Valley
Subdivision Terra Lago
City Indio
County Riverside
Zip Code 92203

Amenities

Amenities Billiard Room, Fitness Center, Lake or Pond
Utilities Cable Available
Parking Spaces 4
Parking Direct Access, Garage, Garage Door Opener
# of Garages 2
Garages Direct Access, Garage, Garage Door Opener
View Mountain(s)
Is Waterfront No
Has Pool Yes
Pool In Ground, Private, Pebble

Interior

Interior Carpet, Vinyl
Appliances Dishwasher, Gas Range, Microwave, Refrigerator
Heating Central, Natural Gas
Has Basement No
Fireplace Yes
Fireplaces Family Room, Gas
# of Stories 2
Stories Two

Exterior

Lot Description Sprinkler System

Additional Information

Date Listed March 1st, 2024
Days on Market 62
Foreclosure No
Short Sale No
RE / Bank Owned No
Land Type Fee

Listing Details

AgentDavid Colin
OfficeHomeSmart

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?