41321 Pedro Buff Drive, Indio, CA 92203

$1,199,900
5
BD
4
BA
2,603
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,199,900
Status
ACTIVE
MLS#
219153560DA
Year Built
1987
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,603
Lot Size
13,068
Acres
0.30
Lot Location
Sprinkler System
Days on Market
2
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Not Applicable-1

Property Description

Exceptional opportunity for STR investors, 1031-exchange buyers, and those seeking the potential benefits of cost segregation and bonus depreciation. With approximately 90% of the purchase price potentially allocable to depreciable improvements rather than land--subject to an independent cost-segregation study--this property may offer compelling tax advantages alongside a strong projected cap rate.Located in the heart of Bermuda Dunes, this beautifully appointed five-bedroom, four-bath residence with a dedicated game room delivers the amenities, location, and guest experience that drive successful short-term-rental performance.Set on an expansive 13,939-square-foot lot at the end of a quiet cul-de-sac, the property has been thoughtfully designed to maximize guest enjoyment, group entertainment, and repeat bookings. The resort-style outdoor space includes a gated swimming pool, elevated spa patio, pickleball and half basketball court, covered outdoor kitchen, gas fireplace, multiple lounge areas, putting green, bocce ball, horseshoe pit, children's soccer area, and additional outdoor games.Interior highlights include: High-end designer furnishings included with the sale Fully equipped gourmet kitchen Flexible five-bedroom layout Two private balconies with dramatic mountain views Dedicated game room with pool table and foosball Private game-room bathroom and separate air-conditioning systemThe property combines genuine wow factor with a functional layout suited for large groups, multigenerational families, and discerning vacationers. It is equally well suited as a luxury primary residence or desert retreat near some of the area's most highly regarded schools.With approximately $180,000 in gross revenue generated or projected over the most recent 365-day period and more than $70,000 in future reservations scheduled to transfer to the buyer, this is a truly turnkey investment opportunity. Financial performance and future reservations are subject to buyer verification.The location provides convenient access to: Indian Wells Tennis Garden Coachella and Stagecoach festival grounds Area surf clubs and water parks El Paseo's luxury shopping and dining Old Town La Quinta Interstate 10 and Palm SpringsWhether expanding an STR portfolio, completing a 1031 exchange, pursuing potential tax advantages, or searching for a luxury vacation home capable of generating substantial income, this property presents a rare combination of

Additional Information

Appliances
Dishwasher, Gas Cooktop, Microwave, Refrigerator
Pool
Yes
Pool Description
In Ground
Fireplace Description
Family Room, Gas
Heat
Central, Natural Gas
Cooling
Yes
View
Mountain(s)
Sewer
Septic Tank
Attached Structure
Detached

Listing courtesy of Listing Agent: David Colin (dcolin29@gmail.com) from Listing Office: HomeSmart.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.