84656 Litorale Court
About This Property
Whether you're looking for a second home, weekend retreat, or a place to enjoy with family and friends, this property delivers the ideal desert lifestyle. Start your mornings overlooking the lake, spend your afternoons poolside, and enjoy peaceful evenings surrounded by beautiful scenery.
When not being enjoyed personally, this fully furnished vacation home has proven its appeal with guests, earning consistent 5-star reviews on leading booking platforms and generating exceptional rental revenue over the past 18 months. A wonderful opportunity to own a beautifully maintained, turnkey lakefront retreat that offers both an incredible vacation lifestyle and a proven history of strong rental performance. Residents of Terra Lago enjoy an impressive collection of resort-style amenities, including a 20-acre lake, a 10,000-square-foot clubhouse with a fitness center, billiards room, and event spaces, as well as access to the Golf Club at Terra Lago's two championship 18-hole golf courses. Buyer to verify all rental regulations, permits, income, expenses, and future rental potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2026 | Listed by Coastal Financial & Realty, Inc | $919,000 | |
| Listed by Coastal Financial & Realty, Inc | |||
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | Listed by HomeSmart | $819,900 | |
| Listed by HomeSmart | |||
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The best priced home on the lake! Huge opportunity to purchase this home at the original cost to the seller with all furnishings included. Welcome to this stunning two-story, four-bedroom (with possible fifth bedroom) home located in the highly desirable community of Terra Lago in Indio, California. This fully furnished home is a true gem, featuring designer furniture, a pool table, and outdoor furniture that offer the perfect blend of luxury and comfort.As you step into this beautiful property, you'll be blown away by its spacious, airy layout, which boasts three full bathrooms and a quarter bath. The bedrooms are large and inviting, offering ample space for relaxation and privacy. The master bedroom is located upstairs with a private balcony that overlooks the lake and pool area. The corner lot location of this home is truly unique, with breathtaking lakefront views, surrounded by beautiful mountains and water views. The backyard offers a ample sized pool overlooking the lake with lounging space available for BBQ and sun bathing.The community of Terra Lago is known for its short-term rental friendly policies with no rental restrictions, making it an ideal location for the savvy investor looking to generate passive income. Alternatively, this property can be the perfect purchase for a 1031 tax exchange. Similar lake homes are generating north of $130,000 annually and this property can as well with the correct property management in place.
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| May 15, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2024 | Price Decreased |
$934,900
↓ $14K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017