84046 Olona Court, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath
84046 Olona Court
Indio, California 92203
Property Price
SUMMARY
Analysis of 84046 Olona Court, Indio, California 92203 reveals a property with a current list price of $560,000, which is 4% above the estimated $534,162 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Indio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84046 Olona Court Subject | $560,000* List Price | 4 | 3 | 2,369 | $225 | - |
A 84344 Canzone Drive Sold | $510,000 | 4 | 3 | 2,369 | $215 | 0.3 mi |
B 42836 Incantata Place Sold | $521,500 | 4 | 2 | 1,920 | $272 | 0.1 mi |
C 43784 Riunione Place Sold | $665,000 | 5 | 2 | 2,200 | $302 | 0.8 mi |
D 84285 Tramonto Way Active | $588,500 List Price | 4 | 2 | 1,926 | $306 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2007, the property features some modern interior updates including luxury vinyl flooring and a butler's pantry. However, the property is being sold cash-only with no interior access allowed, which suggests potential risks. Furthermore, the private pool and spa are currently empty and require significant 'TLC' and restoration, representing a major non-functional component and deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The home features elegant luxury vinyl flooring and a stylish modern kitchen, offering a contemporary aesthetic that appeals to today's buyers.
- Resort-Style Community Amenities
Located in Terra Lago, residents enjoy access to a picturesque lake, clubhouse, fitness center, and scenic walking trails, significantly enhancing the lifestyle value.
- Functional Family Layout
With four bedrooms on the upper level and an open-concept first floor including a butler's pantry, the 2,369 sqft floor plan is well-suited for family living.
CONSRISKS & DEFICIENCIES
- Restrictive Purchase Terms
The property is sold cash-only with no interior access and under auction terms, which limits financing options and increases risk for potential buyers.
- Significant Exterior Maintenance
The private pool and spa require immediate restoration as the pool is currently empty and both are noted as needing 'tender loving care'.
About 84046 Olona Court
Welcome to Terra Lago, where vibrant living meets comfort. This updated two-story home features four bedrooms and two and a half baths, perfectly suited for your family's needs. The open-concept layout is enhanced by elegant luxury vinyl flooring that flows seamlessly throughout the first floor. Enjoy the spacious great room, a stylish modern kitchen, a generous dining area, and a convenient butler's pantry, along with an included washer and dryer. All four bedrooms are located on the upper level. Step outside to discover a charming backyard complete with a pool and spa, both of which are in need of some tender loving care (the pool is currently empty). The home also features a two-car garage with direct access. Terra Lago offers a picturesque lake, scenic walking trails, a welcoming clubhouse, a well-equipped fitness center, and a game room. No interior access. Cash only. This property is now under auction terms. All Bids must be submitted during the auction via the property's listing page at www.servicelinkauction.com. This sale is subject to a 5% or $2,500 minimum buyer's premium pursuant to the auction Terms & Conditions. All bids will be subject to seller approval (minimums may apply). Auction Dates: Feb 23, 2026 - Feb 25, 2026. Auction link: https://www.servicelinkauction.com/property-details/84046-olona-ct-indio-92203-ca-united-states-trd
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Indio Unified Schools
Dwight Eisenhower Elementary School
Grades K-5 • 1.2 mi
Desert Ridge Academy
Grades 6-8 • 4.7 mi
Shadow Hills High School
Grades 9-12 • 4.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,369 | 2,112 | 68% |
| Lot Size | 5,227 | 7,405 | 18% |
| Price | $560.0K | $550.0K | 52% |
| Price per sq ft | $236 | $277 | 18% |
| Built year | 2007 | 2006 | 50% |
| HOA | $300.0 | $300 | 50% |
| Days on market | 4 | 185 | 0% |
Pricing History
Listed for Sale
Mar 3, 2026
$560,000
Initial Listing
Sold
Jan 20, 2022
$870,000
Public Record
Sold
May 28, 2021
$650,000
Public Record
Sold
Aug 15, 2008
$237,000
Public Record