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42681 Dell Lago Court, Indio, California 92203, Indio, 92203 - 3 bed, 2 bath

42681 Dell Lago Court, Indio, California 92203 home-pic-0
ACTIVE$749,000$2,012/sqft
Est. Value: $600,492
-19%
AboveEstimate
42681 Dell Lago Court, Indio, California 92203
3Beds
2Baths
2,012Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($600,492.425) is $148,507.575 (19%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Income Potential: Currently operating as a highly successful active Airbnb, this property boasts an outstanding history of strong and consistent rental performance, offering a turnkey investment opportunity.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $325.0, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$749.0K vs avg $565.0K (+$184,000)83%
Size:2,012 sqft vs avg 2,147 sqft40%
Price/sqft:$372 vs avg $27693%

More Insights

Built in 2005 (21 years old).
Condition: Built in 2005, this property has been extensively remodeled, presenting a modern and move-in ready condition. The kitchen features contemporary dark cabinetry, granite countertops, stainless steel appliances, and a stylish tile backsplash. Both bathrooms are updated with double vanities, modern fixtures, and clean tile work, including a separate soaking tub and walk-in shower in the primary suite. The flooring throughout is a modern, light-colored tile, and light fixtures are updated. While the property's age (19 years) and the potential for original major systems (like HVAC) prevent an 'Excellent' rating, the comprehensive and high-quality interior renovations place it firmly in the 'Good' category, requiring no immediate updates.
Year Built
2005
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$372
HOA
$325
Days on market
-
Sold On
-
MLS number
GD26012820
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Neighborhood
Pool
Spa
Patio
ViewCity Lights,Mountain(s),Neighborhood

About this home

Welcome to 42681 Dell Lago Court, located in the desirable Terra Lago community in Indio, a beautifully remodeled and thoughtfully designed home that offers both exceptional comfort and outstanding income potential. This 3 bedrooms, 2 bathrooms residence features an open and airy floor plan that seamlessly connects the main living areas, creating a bright and welcoming space ideal for everyday living and entertaining. The home also includes a versatile bonus office area, perfect for a home office or additional workspace. The chef’s kitchen is a true highlight, offering a spacious layout with a large center island, ample cabinetry, and generous counter space, making it a dream for cooking, hosting, and gathering with family or guests. The primary suite is a private retreat, complete with its own luxurious bathroom featuring a double vanity, a separate soaking tub, and a walk-in shower, providing both comfort and functionality. Step outside to your private backyard oasis, where a sparkling pool and relaxing jacuzzi invite you to enjoy the desert lifestyle year-round. Currently operating as a highly successful active Airbnb, this property is booked most of the year and showcases an outstanding history of strong and consistent rental performance. Whether you are looking for a primary residence, a vacation home, or a turnkey investment opportunity, this exceptional property offers the perfect blend of style, space, and proven income potential in one of Indio’s most sought-after communities.

N
Narbe Avanessian
Listing Agent

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.5mi
4/10
Desert Ridge Academy
Public,•6-8•5.2mi
5/10
Shadow Hills High School
Public,•9-12•4.9mi

Price History

Date
Event
Price
03/22/22
Sold
$756,000
Condition Rating
Good
Built in 2005, this property has been extensively remodeled, presenting a modern and move-in ready condition. The kitchen features contemporary dark cabinetry, granite countertops, stainless steel appliances, and a stylish tile backsplash. Both bathrooms are updated with double vanities, modern fixtures, and clean tile work, including a separate soaking tub and walk-in shower in the primary suite. The flooring throughout is a modern, light-colored tile, and light fixtures are updated. While the property's age (19 years) and the potential for original major systems (like HVAC) prevent an 'Excellent' rating, the comprehensive and high-quality interior renovations place it firmly in the 'Good' category, requiring no immediate updates.
Pros & Cons

Pros

Proven Income Potential: Currently operating as a highly successful active Airbnb, this property boasts an outstanding history of strong and consistent rental performance, offering a turnkey investment opportunity.
Private Backyard Oasis: The property features a private backyard oasis with a sparkling pool and relaxing jacuzzi, perfect for enjoying the desert lifestyle year-round.
Remodeled & Modern Interior: Beautifully remodeled with an open and airy floor plan, a chef's kitchen featuring a large center island, and a luxurious primary suite with a double vanity, soaking tub, and walk-in shower.
Desirable Community & Views: Located in the sought-after Terra Lago community, the home offers desirable city lights, mountain, and neighborhood views.
Versatile Bonus Space: Includes a versatile bonus office area, providing flexibility for a home office or additional workspace to suit various needs.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $325.0, which adds to the recurring cost of homeownership.
Potential for Original Systems: Built in 2005, while the interior is remodeled, some major systems (e.g., HVAC, roof) may be original and could require future maintenance or replacement.
Desert Climate Utility Costs: Located in Indio's extreme desert climate, potential buyers should factor in higher utility costs, particularly for cooling, which may impact overall living expenses.
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