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$1,099,000

Est. payment - /mo

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5 Beds

4 Baths

2,603 SqFt

New

41321 Pedro Buff DR Bermuda Dunes, CA 92203

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Jessica Lam

jessica@irvinerealty.co +1(949) 368-0008

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,603 sqft

Price per Sqft $422

Subdivision Not Applicable-1

MLS Listing ID 219133100DA

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1987

Lot Size 0.300 Acres

Property Sub-Type Single Family Residence

Property 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

State CA

County Riverside

Area 312 - Bermuda Dunes, Myoma

Interior

Heating Central, Natural Gas

Flooring Carpet, Tile

Fireplaces Type Family Room, Gas

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Microwave, Refrigerator

Exterior

Parking Features Direct Access, Garage

Pool In Ground

View Y/N Yes

View Mountain(s)

Total Parking Spaces 6

Private Pool Yes

Building

Lot Description Sprinkler System

Story 2

Entry Level Two

Sewer Septic Tank

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 607160004

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by David Colin HomeSmart