84155 Tramonto, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath

84155 Tramonto, Indio, California 92203 home-pic-0

84155 Tramonto

Indio, California 92203

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,297Sq Ft
5,663Lot Size

Property Price

LIST PRICE$729,000
EST. MARKET VALUE
$649,631
12% AboveMARKET VALUE

SUMMARY

Analysis of 84155 Tramonto, Indio, California 92203 reveals a property with a current list price of $729,000, which is 12% above the estimated $649,631 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$649,631
Based on Realkey algorithm analyzing recent comparable sales in Indio.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
84155 Tramonto
Subject
$729,000*
List Price
432,297$283-
A
42836 Incantata Place
Sold
$521,500421,920$2720.1 mi
B
84186 Canzone Drive
Sold
$525,000432,338$2250.1 mi
C
84303 Eremo Way
Sold
$515,000422,122$2430.4 mi
D
83960 Hopi Avenue
Sold
$600,000432,110$2840.3 mi
E
83402 Stagecoach Road
Sold
$564,900432,439$2320.8 mi
F
84153 Novello Drive
Sold
$690,000432,553$2700.2 mi
G
84146 Olona Court
Active Under Contract
$727,000
List Price
432,338$3110.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2011, this property is 13 years old and presents in excellent, move-in ready condition, aligning well with the 'Good' category. The description highlights a 'modern fully equipped kitchen' and the images confirm stainless steel appliances, granite countertops, and a mosaic tile backsplash, all appearing well-maintained. While the kitchen and bathroom cabinet styles and some finishes (like the backsplash) reflect the original build era rather than a brand-new renovation, they are clean, functional, and in very good shape. The property features updated flooring (laminate/LVP and tile), modern light fixtures, central A/C, and a resort-style backyard with a heated pool and spa, indicating meticulous upkeep and some recent cosmetic updates to cater to its successful short-term rental use. No immediate renovations are required, and all major systems appear functional and well within their expected lifespan.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Investment Potential

    The property boasts significant income potential as a short-term rental, with gross revenue projections exceeding $90,000 annually and estimated cap rates up to 8.8% (self-managed) or 7.2% (professionally managed), making it a highly attractive asset for investors.

  • Resort-Style Outdoor Living

    The private backyard is a true oasis, featuring a heated pool, spa, outdoor fire pit, and dining area, all complemented by scenic mountain views, ideal for relaxation and entertaining.

  • Versatile Use & Turnkey Ready

    Offered fully furnished and described as a 'turnkey income property,' it is perfectly suited for a short-term rental, vacation home, or full-time residence, appealing to a broad range of buyers.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Ongoing Association Fees

    The property incurs a monthly association fee of $325.0, which adds to the recurring ownership costs and should be factored into the budget.

  • Reliance on STR Market Dynamics

    While a strength for income, the property's high valuation and features are heavily optimized for the short-term rental market, which can be subject to regulatory changes, seasonal fluctuations, and increased wear and tear compared to a traditional primary residence.

About 84155 Tramonto

Welcome to The Breeze, an active and successful short-term rental offered fully furnished and located in the gated Terra Lago community of Indio. The property offers gross revenue potential of $90,000+ annually, with estimated cap rates up to 8.8% self-managed or approximately 7.2% with professional management, making it a standout opportunity for investors while remaining well suited as a primary residence or second home. This stylish 4-bedroom, 3-bath home features three bedrooms and two bathrooms on the main level for convenient single-story living, plus a private upstairs bedroom with its own bathroom—ideal for guests, multigenerational living, or an owner’s retreat. Designed for comfort and connection, the open-concept floor plan includes spacious living areas, a modern fully equipped kitchen, central A/C, and smart TVs throughout. The private resort-style backyard is perfect for relaxing or entertaining and features a heated pool, spa, outdoor fire pit, and dining area with scenic mountain views. Located near golf, shopping, dining, casinos, hiking, and major music festivals, this property checks every box for a turnkey income property, vacation home, or full-time residence in one of the Coachella Valley’s most desirable STR zones.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2011
Lot Size
5,663 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$325.0 / Month

Neighborhood Insights

Indio Unified Schools

Dwight Eisenhower Elementary School

Grades K-5 • 1.2 mi

/10

Desert Ridge Academy

Grades 6-8 • 4.9 mi

4/10

Shadow Hills High School

Grades 9-12 • 4.6 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
65%
Baths3.02.0
53%
Square foot2,2972,112
65%
Lot Size5,6637,405
25%
Price$729.0K$550.0K
82%
Price per sq ft$317$278
79%
Built year20112006
64%
HOA$325.0$300
58%
Days on market38185
1%

Pricing History

Listed for Sale

Jan 28, 2026

$729,000

Initial Listing

Sold

Jan 26, 2022

$550,000

Public Record

Sold

Mar 1, 2012

$186,000

Public Record

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