84146 Olona Court, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath
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Indio, California 92203
This Turnkey Desert Oasis in the gated Terra Lago Community offers a premium resort lifestyle. Listed at $727,000, the price reflects the property's Good Condition Rating and its established utility as a successful short-term rental, relative to the $662,709 Fair Market Value. The functional layout includes a desirable Main-Level Primary Suite, while the backyard features a Sparkling Pool and Spa with scenic Mountain Views. Located within the Desert Sands Unified District near Shadow Hills High, this residence is perfectly suited for Lifestyle Buyers or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84146 Olona Court Subject | $727,000* List Price | 4 | 3 | 2,338 | $274 | - |
A 84186 Canzone Drive Sold | $525,000 | 4 | 3 | 2,338 | $225 | 0.1 mi |
B 42417 Lamporo Way Sold | $690,000 | 3 | 3 | 2,554 | $270 | 0.1 mi |
C 42836 Incantata Place Sold | $521,500 | 4 | 2 | 1,920 | $272 | 0.1 mi |
D 84101 Novello Drive Sold | $599,990 | 3 | 3 | 2,554 | $235 | 0.1 mi |
E 43295 Passagio Lago Way Sold | $800,000 | 4 | 3 | 2,416 | $331 | 0.4 mi |
F 84454 Malora Court Sold | $623,890 | 3 | 3 | 2,554 | $244 | 0.3 mi |
G 84155 Tramonto Active | $729,000 List Price | 4 | 3 | 2,297 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is 18 years old, placing it within the 10-20 year range for a 'good' condition score. The home is move-in ready and has been thoughtfully updated for modern living and its current use as a short-term rental. The kitchen features stainless steel appliances, stone countertops, and a modern backsplash. The flooring consists of well-maintained tile and clean carpeting. The bathrooms are updated with contemporary fixtures and glass enclosures. Major outdoor features like the pool and built-in BBQ appear well-maintained, reflecting a property that has undergone regular upkeep and partial updates without a full recent gut-renovation.
The backyard is perfectly designed for the desert lifestyle, featuring a private sparkling pool, built-in barbecue, and scenic mountain views, making it ideal for relaxation or hosting guests.
The floor plan offers a highly sought-after downstairs primary bedroom with a full bath, providing excellent accessibility and privacy from the three additional bedrooms located upstairs.
Situated in the Terra Lago community, residents enjoy premium access to a scenic lake, a fitness center, and a community pool, significantly enhancing the property's appeal for both full-time residents and short-term renters.
The $325 monthly association fee represents a significant recurring expense that buyers must factor into their ongoing ownership budget.
With a lot size of 4,792 square feet, the outdoor space is largely dedicated to the pool and hardscaping, which may feel restrictive for those seeking a traditional grassy yard or more garden space.
Welcome to Terra Lago, a sought-after community where desert living feels relaxed, comfortable, and effortless. Designed to feel both cozy and current, this inviting home offers a functional layout ideal for full-time living or weekend escapes and has been thoughtfully updated for modern living. The main level features a welcoming living room that flows seamlessly into the kitchen and dining area, creating a comfortable space to gather and unwind. The primary bedroom is conveniently located downstairs with its own full bath, along with an additional half bath and a separate laundry room. Upstairs, three additional bedrooms provide flexibility for guests, a home office, or extended family. Outside, the backyard is designed for enjoying the desert lifestyle, complete with a sparkling pool, built-in barbecue, and generous space for relaxing or entertaining. The home is being used as a short-term rental. Terra Lago residents enjoy access to a scenic lake, a fitness center, and a community pool. This home offers an inviting opportunity to enjoy the ease and amenities of one of the area’s most desirable communities.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 4.8 mi
Grades 9-12 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,338 | 2,112 | 66% |
| Lot Size | 4,792 | 7,841 | 6% |
| Price | $727.0K | $550.0K | 81% |
| Price per sq ft | $311 | $278 | 77% |
| Built year | 2007 | 2006 | 52% |
| HOA | $325.0 | $300 | 57% |
| Days on market | 136 | 181 | 32% |
Dec 9, 2025
$727,000
Initial Listing
Jun 30, 2016
$240,000
Public Record
Oct 30, 2007
$295,000
Public Record