42940 Ascona Lane, Indio, California 92203, Indio, 92203 - 2 bed, 2 bath

42940 Ascona Lane, Indio, California 92203 home-pic-0
ACTIVE$664,000
42940 Ascona Lane, Indio, California 92203
2Beds
2Baths
2,026Sqft
13,068Lot
Year Built
2022
Close
-
List price
$664K
Original List price
$692K
Price/Sqft
$328
HOA
$300
Days on market
-
Sold On
-
MLS number
219133270DA
Home ConditionExcellent
Features
Excellent View: Desert, Golf Course, Mountain(s), Panoramic
Patio
ViewDesert,Golf Course,Mountain(s),Panoramic

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $664.0K(71th), sqft - 2026(41th), beds - 2(30th), baths - 2(48th).

Step into Luxury Desert Living in this Bright, Airy, Single-story home, 2026 sq. ft. with Beautiful WHITE TILE Floors and PAID OFF SOLAR Located in the highly sought after Four Seasons Terra Lago. House completed 2023. This Immaculate 2 bedroom,2 bathroom plus Large 3rd DEN/OFFICE home, sits on a premium +++13,068 sq. ft. lot, with golf course view. Fully landscaped with breathtaking 360 mountain views, artificial turf, mature fruit trees, and drought friendly desert plants.Interior features: Soaring 9' ceilings & an open concept layout, Chef-inspired upgraded kitchen with Quartz countertops throughout ,Large Central Island, walk in pantry, two ovens & stainless appliances, Stylish porcelain tile flooring in living areas, plush upgraded carpeting in bedrooms. Spacious primary suite with beautiful custom-designed walk-in closets, elegant bathrooms with modern finishes, custom cabinetry, utility sink & added storage in laundry room. There are 4'' plantation shutters and ceiling fans throughout. Exterior & Energy Efficiency: Expansive driveway fits up to 6 vehicles,+ 2 car garage Plus Bonus 3rd bay perfect for golf cart. EV CHARGER (Charger point Level 2), FULLY OWNED SOLAR SYSTEM, INCLUDED, Enjoy Energy Savings. Fire Sprinkler System in home and garage. This home is truly turn-key offering modern upgrades all in a friendly Active 55+Community offering a Clubhouse, pools,& ,spa & fitness center, basketball & tennis & pickleball courts. Gated Security and HOA Maintained grounds. The owners are relocating out of state, giving you a rare opportunity to own a home without the wait of new construction.

Price History

Date
Event
Price
11/15/25
Price Change
$664,000-1.3%
10/29/25
Price Change
$673,000-0.7%
08/13/25
Price Change
$678,000-2.0%
07/28/25
$692,000
Condition Rating
Excellent

This property was built in 2022 and completed in 2023, making it virtually brand new. The description highlights a 'Chef-inspired upgraded kitchen with Quartz countertops, two ovens & stainless appliances' and 'elegant bathrooms with modern finishes, custom cabinetry.' The images confirm these features, showcasing contemporary design, high-quality materials, and immaculate condition in both the kitchen and bathrooms. The home also features stylish porcelain tile flooring, plush carpeting, modern light fixtures, ceiling fans, and significant energy-efficient upgrades like a fully owned solar system and EV charger. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2026.
New Construction & Turn-Key: Completed in 2023, this home offers modern upgrades and is truly turn-key, allowing buyers to move in without the wait or hassle of new construction.
Exceptional Energy Efficiency: Features a fully owned and paid-off solar system, significantly reducing energy costs, and includes an EV Charger (Level 2), appealing to environmentally conscious buyers.
Premium Lot & Panoramic Views: Situated on a large 13,068 sq. ft. premium lot with breathtaking 360-degree mountain views and a golf course view, enhancing its aesthetic appeal and value.
Active 55+ Community with Extensive Amenities: Located in the highly sought-after Four Seasons Terra Lago, offering a clubhouse, pools, spa, fitness center, and various sports courts (basketball, tennis, pickleball), all within a gated and secure environment with HOA-maintained grounds.
High-End Interior & Exterior Upgrades: Boasts a chef-inspired upgraded kitchen with Quartz countertops, a large central island, two ovens, stainless appliances, stylish porcelain tile flooring, custom-designed walk-in closets, and a fully landscaped yard with artificial turf and mature fruit trees.

Cons

Age-Restricted Community: The property is located within an Active 55+ Community, which significantly limits the potential buyer pool and marketability to a specific demographic.
Ongoing HOA Fees: The property is subject to a $300 monthly association fee, which is an additional recurring cost for the homeowner.
History of Price Reductions: The listing has undergone multiple price reductions since its original listing, which may suggest initial overpricing or a struggle to attract buyer interest at previous price points.

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