41321 Pedro Buff Drive,Indio, CA 92203
Indio, CA 92203
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
Details
| MLS # | 219153560DA |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 15 |
| Listing Provided By | HomeSmart | David Colin |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,603 |
| Pool | Yes |
| Story(s) | 2 |
| Acreage | 0.30 |
| Property View | Yes |
Interior
| Heating | Central, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Gas Cooktop, Microwave, Refrigerator |
| Fireplace Yes / No | Yes |
Exterior
| Security Features | Closed Circuit Cameras |
|---|---|
| Lot Features | Sprinkler System |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Direct Access, Garage |
| Garage Yes / No | No |
Utilities
| Sewer | Septic Tank |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Indio |
| Zip Code | 92203 |
| Area | 312 Bermuda Dunes | Myoma |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $1,199,900 low | high Med: $0 On site: 15 low | high Med: | |
Market Activity 92203
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Indio |
| Zip Code | 92203 |
| Area | 312 Bermuda Dunes | Myoma |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $1,199,900 low | high Med: $0 On site: 15 low | high Med: | |