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Passagio Lago Way
Indio, CA 92203

Lido at Terra Lago 4 Lake-Front Finished Lots · Land For Sale · 0.49 AC

INVESTMENT HIGHLIGHTS

  • LAST 4 FINISHED LOTS WITHIN IRREPLACEABLE LAKE COMMUNITY | 24 HOUR GUARD GATED
  • RARE SHORT-TERM RENTALS ALLOWED WITH HIGH RENTAL RATES
  • LUXURY HOMES IN PRIME RESORT AREA OF INDIO | CURRENT HOMES SELLING $1M - $1.5M

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 0.49 AC
Cross Streets Avenue 43

DESCRIPTION

LIDO AT TERRA LAGO – 4 FINISHED LOTS (LAKE-FRONT) consists of a rare one of a kind opportunity to acquire the last 4 adjacent lake-front finished lots suitable for luxury homes with optional lucrative short-term rental revenue. Terra Lago is a 365- acre master planned golf and lake community within the Shadow Hills area of Indio. The project is surrounded by the beauty of the desert and mountains, two 18-hole championship golf courses, and a picturesque 22-acre private lake exclusively for the use of Terra Lago homeowners. The Lido project provides direct dock access to the private lake that accommodates non-motorized boating, fishing, and kayaking. Additional amenities include a recently renovated 10,000 sf. Community Center featuring a full fitness center, meeting rooms, ballroom, catering kitchen, outdoor pool and spa with wading pool and playground. Lido at Terra Lago truly creates an unrivaled experience for the value. Terra Lago is also a 24 hour guard gated community which provides additional security for lock & leave and seasonal owners (additional management services are also available). The HOA allows investor home buyers and vacation/short-term rentals which can potentially provide upwards of $100k+ of rental income to home owners every year. Lido at Terra Lago also offers quick and easy access to freeway 10 which provides convenient access to a wide range of shopping and recreation venues throughout the Valley.

  • Listing ID: 30394768

  • Date on Market: 12/18/2023

  • Last Updated:

  • Address: Passagio Lago Way, Indio, CA 92203