RealKey
‪(213) 433-7766‬

42836 Del Lago Court, Indio, California 92203, Indio, 92203 - 5 bed, 3 bath

42836 Del Lago Court, Indio, California 92203 home-pic-0
ACTIVE$995,000
42836 Del Lago Court, Indio, California 92203
5Beds
3Baths
2,431Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($972,812.11) is $22,187.89 (2%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey Income-Producing Airbnb: The property is an active, fully approved, income-producing Airbnb ready for seamless ownership transfer, with income records available to qualified buyers, offering immediate return on investment.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

Compared to the nearby listings

Price:$995.0K vs avg $570.5K (+$424,500)93%
Size:2,431 sqft vs avg 2,160.5 sqft69%
Price/sqft:$409 vs avg $27496%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property has undergone extensive and very recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, black hardware, contemporary black appliances, a stylish herringbone backsplash, and striking black and white marble-look countertops. Bathrooms are equally updated with glass-enclosed showers, modern tiling, vessel sinks, and contemporary fixtures. Throughout the home, light wood-look flooring, recessed lighting, and modern ceiling fans contribute to a fresh, current aesthetic. The overall condition appears virtually new, meeting current quality standards with no visible deferred maintenance, aligning with an 'Excellent' rating due to comprehensive recent updates.
Year Built
2005
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$409
HOA
$325
Days on market
-
Sold On
-
MLS number
219139288DA
Home ConditionExcellent
Features
Excellent View: Desert, Lake, Mountain(s), Panoramic, Pond
Deck
Pool
Spa
Patio
ViewDesert, Lake, Mountain(s), Panoramic, Pond

About this home

**Turnkey Income-Producing Airbnb in Exclusive Terra Lago!**Seize this exceptional investment opportunity in the prestigious, guard-gated Terra Lago community of North Indio! This stunning Venice Model by Ryland is an active, income-producing Airbnb ready for seamless ownership transfer--start earning from day one.Spanning 2,431 square feet, this versatile home features 4 spacious bedrooms plus a den that easily serves as a 5th bedroom, and 2.5 bathrooms--an ideal configuration for maximizing guest capacity and rental income. The prime east-facing leisure location places guests steps from the community lake, resort-style clubhouse, shaded playground, and sparkling community pool and spa. This sought-after positioning drives strong bookings and glowing reviews year-round. Situated on a generous 7,840 square foot lot on a quiet cul-de-sac, this 2005-built home includes an attached 2-car garage and is fully approved for short-term rentals.Terra Lago offers an unmatched lifestyle with 24/7 guard-gated security, a stunning 20-acre lake with boating and catch-and-release fishing, a championship 36-hole golf course, and resort-style amenities that keep guests coming back season after season.North Indio is one of the fastest-growing areas in Riverside County, and this location puts you in the heart of the action. The home is near the only night golf course in the Coachella Valley, offering a unique entertainment experience for golf enthusiasts. Outdoor adventurers will appreciate easy access to hiking trails, while those seeking excitement can visit nearby casinos. Convenient freeway access makes it simple for guests to explore all that the Coachella Valley has to offer, including the world-famous Coachella and Stagecoach festivals just minutes away.Perfect for investors, 1031 exchanges, or buyers seeking a vacation home that pays for itself, this property combines proven income potential with an unbeatable desert lifestyle. Income records available to qualified buyers.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.4mi
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
01/24/22
Sold
$875,000
09/14/06
Sold
$526,000
Condition Rating
Excellent
Built in 2005, this property has undergone extensive and very recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, black hardware, contemporary black appliances, a stylish herringbone backsplash, and striking black and white marble-look countertops. Bathrooms are equally updated with glass-enclosed showers, modern tiling, vessel sinks, and contemporary fixtures. Throughout the home, light wood-look flooring, recessed lighting, and modern ceiling fans contribute to a fresh, current aesthetic. The overall condition appears virtually new, meeting current quality standards with no visible deferred maintenance, aligning with an 'Excellent' rating due to comprehensive recent updates.
Pros & Cons

Pros

Turnkey Income-Producing Airbnb: The property is an active, fully approved, income-producing Airbnb ready for seamless ownership transfer, with income records available to qualified buyers, offering immediate return on investment.
Exclusive Guard-Gated Community & Amenities: Located in the prestigious Terra Lago community, offering 24/7 guard-gated security, a 20-acre lake with boating/fishing, a 36-hole golf course, and resort-style clubhouse, pool, and spa.
Strategic Regional Location: Situated in fast-growing North Indio, minutes from Coachella/Stagecoach festivals, night golf, hiking trails, casinos, and with convenient freeway access, ensuring high demand from tourists.
Versatile & Spacious Layout: Spanning 2,431 sqft with 4 spacious bedrooms plus a den (easily a 5th bedroom) and 2.5 bathrooms, ideal for maximizing guest capacity and rental income.
Prime Internal Community Location: Features a prime east-facing leisure location on a quiet cul-de-sac, steps from the community lake, clubhouse, playground, and pool/spa, contributing to strong bookings and glowing reviews.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Ongoing HOA Fees: The property incurs a monthly association fee of $325.0, which is a significant recurring expense that impacts the net operating income for investors.
Potential for Rental-Related Wear and Tear: As an active Airbnb since 2005, the property may have accumulated wear and tear from continuous guest use, potentially requiring future maintenance or renovation investments.
Absence of Private Pool/Spa: While community amenities are extensive, the lack of a private pool or spa within the property itself could be a competitive disadvantage in the desert rental market, where these features are often highly sought after by guests.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state