Property
Beds
5
Full Baths
3
1/2 Baths
1
Year Built
1987
Sq.Footage
2,603
Incredible opportunity for investors, 1031 exchange buyers, or anyone seeking a higher CAP rate which will beat most long term rentals and will generate steady passive income for years to come.This beautifully appointed 5-bedroom, 4-bath home with a dedicated game room is located in the heart of Bermuda Dunes, a prime short-term rental market known for its proximity to world-class attractions.Sitting on an expansive 13,939 sq ft lot at the end of a cul-de-sac, the home is thoughtfully designed for maximum guest enjoyment and repeat bookings. The gated pool, outdoor half basketball court, covered kitchen with gas fireplace, multiple lounge areas, horseshoe pit, and room to add a pickleball court create the ultimate outdoor entertainment space.Interior features include:High-end designer furnishings (included in sale)Fully stocked gourmet kitchenFlexible layout offering up to 5 fully furnished bedrooms with two private balconies with gorgeous mountain views.Dedicated game room with pool table, foosball table, private bathroom and its own AC unit. This home has the wow-factor that will satisfy the most discerning investor or family looking for a forever home which is near some of the best schools in the whole desert.This home has proven income performance, grossing $186,535 in the last 365 days, with $32,000+ in future bookings ready to transfer to the next owner--making this a true turnkey investment.The Ideal location is unbeatable and just minutes to:Indian Wells Tennis GardenCoachella & Stagecoach festival groundsSurf clubs and water parksEl Paseo Shopping District (the Rodeo Drive of the desert)Old Town La Quinta with fine dining and boutique shopsAnd easy access to I-10 freeway for quick travel to Palm Springs or beyond.Whether you're expanding your STR portfolio or seeking a vacation home that pays for itself, this property offers an unbeatable combination of luxury, location, and income potential.Shown by appointment only. Financials available upon request.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Attached, Direct Access, Garage
-
Pool
Yes
-
Pool Features
Private, In Ground
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.3
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,099,000
-
Sq. Footage
2, 603
-
Price/SqFt
$422
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Septic Tank
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Location
County
Riverside
Elementary School
Middle School
High School
Listing Courtesy of David Colin , HomeSmart
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