Listing Agent: David Colin      Broker/Office: HomeSmart
41321 Pedro Buff Drive Bermuda Dunes CA 92203
$ 1,099,000
  5   |    3 Full  1 Half   |    2603 Sq Feet

Listing ID

#219133100DA

Status

Active

Property Type

Single Family Residence

County

Riverside

Neighborhood

Not Applicable-1

Year Built

1987

Days on website

3

Description
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.
Location
Financial Information
List Price:  $ 1099000
Property Features
Appliances:  Dishwasher, Microwave, Refrigerator
Fireplace Features:  Gas
Flooring:  Carpet, Tile
Heating:  Central
Levels:  Two
Parking Features:  Garage
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  312 - Bermuda Dunes, Myoma
City:  Bermuda Dunes
Listed By:   David Colin   HomeSmart 
CA Lic#