RealKey
‪(213) 433-7766‬

43157 Armonia Court, Indio, California 92203, Indio, 92203 - 3 bed, 3 bath

43157 Armonia Court, Indio, California 92203 home-pic-0
ACTIVE$1,125,000
43157 Armonia Court, Indio, California 92203
3Beds
3Baths
2,157Sqft
3,920Lot

Price Vs. Estimate

The estimated value ($1,022,757.81) is $102,242.19 (9%) lower than the list price ($1,125,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Waterfront Location & Views: The property boasts a premium lot directly on the water, offering amazing lake and mountain views, which significantly enhances its appeal and value.
Top Cons:
High Monthly Association Fees: The $313.0 monthly association fee represents a significant recurring cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$1.12M vs avg $570.5K (+$554,500)97%
Size:2,157 sqft vs avg 2,152 sqft50%
Price/sqft:$522 vs avg $274100%

More Insights

Built in 2018 (7 years old).
Condition: This property, built in 2018, is virtually new and showcases top-tier upgrades throughout. The kitchen features modern stainless steel appliances, custom countertops, a spacious island, and a sunken wet bar, all in excellent condition. The bathrooms, particularly the primary suite's spa-style shower and modern soaking tub, reflect contemporary design and high-quality finishes. Flooring consists of large format tile and wood-look laminate, all impeccably maintained. The custom wood ceilings and overall aesthetic are current and luxurious, indicating no deferred maintenance and minimal physical depreciation. All aspects align with a recently built or fully renovated property meeting current quality standards.
Year Built
2018
Close
-
List price
$1.13M
Original List price
$1.15M
Price/Sqft
$522
HOA
$313
Days on market
-
Sold On
-
MLS number
219133702DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Water
Pool
Spa
Patio
ViewLake, Mountain(s), Water

About this home

**PASSIVE INCOME** Short Term rental Friendly!Discover this stunning Terra Lago property, built in 2018 and located on a premium lot ON THE WATER with an amazing view. Terra Lago properties on the water are highly sought after and Airbnb guests will pay top dollar to stay here so they produce great passive income!This luxurious home features 3 bedrooms and top-tier upgrades. The airy great room blends the kitchen, living, and dining areas, highlighted by soaring custom wood ceilings and abundant natural light. The kitchen impresses with custom countertops, a sunken wet bar, a spacious island, and stainless steel appliances.Upstairs, the primary suite offers a covered patio with scenic lake and mountain views, a spa-style shower, and a modern soaking tub in the en suite bathroom. Two additional guest bedrooms, and a shared hall bathroom complete the upper level. Step outside to the entertainer's backyard, featuring an infinity-edge swimming pool and breathtaking vistas. Community amenities include a pool, gym, and 24-hour controlled access for peace of mind.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.3mi
4/10
Desert Ridge Academy
Public,•6-8•5.2mi
5/10
Shadow Hills High School
Public,•9-12•5.0mi
Condition Rating
Excellent
This property, built in 2018, is virtually new and showcases top-tier upgrades throughout. The kitchen features modern stainless steel appliances, custom countertops, a spacious island, and a sunken wet bar, all in excellent condition. The bathrooms, particularly the primary suite's spa-style shower and modern soaking tub, reflect contemporary design and high-quality finishes. Flooring consists of large format tile and wood-look laminate, all impeccably maintained. The custom wood ceilings and overall aesthetic are current and luxurious, indicating no deferred maintenance and minimal physical depreciation. All aspects align with a recently built or fully renovated property meeting current quality standards.
Pros & Cons

Pros

Prime Waterfront Location & Views: The property boasts a premium lot directly on the water, offering amazing lake and mountain views, which significantly enhances its appeal and value.
Exceptional Income Potential: Explicitly marketed as short-term rental friendly, the property is positioned to generate substantial passive income from Airbnb guests due to its desirable features.
Modern Construction & Premium Finishes: Built in 2018, the home features top-tier upgrades including soaring custom wood ceilings, a high-end kitchen with custom countertops and stainless steel appliances, and a luxurious primary suite with a spa-style shower and modern soaking tub.
Private Infinity-Edge Pool & Entertainment Backyard: The entertainer's backyard includes a private infinity-edge swimming pool and breathtaking vistas, providing a luxurious outdoor living and relaxation space.
Secure Gated Community with Amenities: Located within Terra Lago, residents benefit from 24-hour controlled access, a community pool, and a gym, offering enhanced security and lifestyle amenities.

Cons

High Monthly Association Fees: The $313.0 monthly association fee represents a significant recurring cost that potential buyers must factor into their budget.
Relatively Small Lot Size: With a lot size of 3920 sqft, the property offers limited outdoor space beyond the pool area, which might be a drawback for buyers seeking larger yards or more privacy.
Potential for High Maintenance Costs: The presence of an infinity-edge pool and custom, high-end finishes suggests potentially higher ongoing maintenance and repair expenses compared to properties with standard features.

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