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84731 Sirena WAY Indio, CA 92203
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Key Details
Sold Price $945,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,347 sqft
Price per Sqft $282
Subdivision Terra Lago
MLS Listing ID 219046035
Sold Date 08/06/20
Bedrooms 4
Full Baths 4
HOA Fees $274/mo
HOA Y/N Yes
Year Built 2005
Lot Size 0.320 Acres
Acres 0.32
Property Description
Calling all serious businessman/investors only! The creme of the crop in the short term vacation rental industry has just hit the market and is incomparable to any home on the market in the the $2 million price range and under due to its gorgeous condition, upgrades and the rental income it is producing . This gold mine of a vacation rental generated $182,000 in 2019; its first complete year of a short term rental. This year alone the property has already generated $170k in rental income with $62k more on the books and we're only half way through the year! This property is renting for $758 a night and has a 4.94 * rating with 68 reviews on AIRBNB. Your return on your investment cannot and will not be matched by any other vacation rental on the market; guaranteed! This is a business opportunity that a savvy investor cannot pass up! This spectacular home has close to $500k in upgrades inside and out which does not include the luxury furnishings. The backyard is unrivaled with a large designer pool & spa (50 foot lap area), outdoor chefs kitchen, color LED pool lighting, multi-level tanning decks and separate entertaining patio with built-in appliances & 3 fire pits. The award-winning floor plan includes 2 master en-suites, 2 large guest BR's each with walk-in closets; large gourmet kitchen; 122'' projection screen theater and gaming room & separate laundry room.The kitchen includes high-end Thermador appliances, each room has a mini-split AC system (each bedroom has their own temperature control).
The luxurious and spacious main master suite features a king-sized bed with modern high end kitchenette, Keurig machine, additional full sectional sofa, 85'' LED TV with soundbar and overlooks the pool.
Master bathroom en-suite features spacious custom walk-in closet, large walk-in zero threshold bamboo floor shower, separate dual sinks, and a soaking tub. There's too many upgrades to list here; you'll have to see the home for yourself!
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Floor Furnace
Cooling Air Conditioning, Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type Gas Starter
Furnishings Furnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 3.0
Fence Block
Pool Exercise, Private, Salt Water, In Ground
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Connected on Bond
Level or Stories One
Others
HOA Fee Include Cable TV,Clubhouse
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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