2416 sqft | 4 beds | 3 baths | 0.09 acres | #219133698DA
Description
A Once-in-a-Lifetime Investment Opportunity | Award-Winning Samurai-Themed STR Gem on the Lake in Terra LagoWelcome to the most unique and iconic short-term rental property in the entire Coachella Valley -- a traditional Japanese Samurai-themed masterpiece, perfectly situated on the lake in the prestigious, short-term rental-friendly community of Terra Lago. With no rental restrictions and a reputation for producing some of the area's most profitable Airbnb listings, this home is a rare trophy asset for any investor or 1031 exchange buyer seeking high CAP rate performance and long-term appreciation.This stunning 4-bedroom, 3-bathroom retreat features a spacious upstairs loft (convertible into a 5th bedroom), and has undergone a $200,000+ luxury renovation, including all new high-end furnishings. Designed with attention to cultural detail, this home has won multiple Airbnb People's Choice awards for guest satisfaction and design.The one-of-a-kind outdoor gazebo and lakeside fireplace set the tone for unforgettable guest experiences, making this home a true standout in the short-term rental market.Located just minutes from world-famous attractions like Coachella and Stagecoach Festivals, Indian Wells Tennis Garden, Acrisure Arena, and the upcoming Thermal Surf Wave Park, the home sits in one of the most strategic and desirable investment corridors in the desert.Whether you're looking to expand your real estate portfolio, capitalize on high-yield passive income, or complete a 1031 exchange into a proven cash-flowing asset, this is a rarely seen opportunity that combines location, uniqueness, and performance.Don't miss your chance to own a piece of art, culture, and income -- all in one.
Property Details
- Lot DescriptionDripIrrigationBubblers
- Property SubtypeSingleFamilyResidence
- InteriorFurnished, Loft
- ViewLake, Mountains
- MLS #219133698DA
- MLS #219133698DA
- SubdivisionTerra Lago
- Original List Price$1,150,000
- CountyRiverside
- Property TypePurchase
- Cost1150000
- Acres0.09
- Square Feet2416
- Year Built2021
- Hoa Fees300
- Bedrooms4
- Bathrooms3
- Full Baths3
- Stories2
- Parking Spaces2
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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