84290 Tramonto Way, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath

84290 Tramonto Way, Indio, California 92203 home-pic-0
ACTIVE$939,500
84290 Tramonto Way, Indio, California 92203
4Beds
3Baths
1,926Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($900,295.465) is $39,204.535 (4%) lower than the list price ($939,500). This property may be overpriced.

Key pros and cons

Top Pros:
Lakefront Location & Panoramic Views: This is the lowest-priced lakefront home in Terra Lago, offering stunning East-facing views of the lake, mountains, and the community's signature bridge from multiple rooms, significantly enhancing its appeal.
Top Cons:
Ongoing Association Fees: A monthly association fee of $300 adds to the recurring cost of ownership, which could be a consideration for budget-conscious buyers.

Compared to the nearby listings

Price:$939.5K vs avg $570.5K (+$369,000)91%
Size:1,926 sqft vs avg 2,147 sqft36%
Price/sqft:$488 vs avg $274100%

More Insights

Built in 2010 (15 years old).
Condition: Built in 2010, this property is relatively new, and the listing explicitly states 'Recent upgrades include newer laminated flooring and paint throughout, Solar, tankless water heater, newer AC System!'. The kitchen is described as an 'Updated Chef's Kitchen with center island, quartz counter tops, Newer Stainless Steel appliances', and the bathrooms are 'beautifully updated'. The images confirm a modern, clean aesthetic with new-looking laminate flooring, recessed lighting, and well-maintained fixtures. All major systems and aesthetic components appear new or virtually new, indicating minimal physical depreciation and meeting current quality standards.
Year Built
2010
Close
-
List price
$940K
Original List price
$940K
Price/Sqft
$488
HOA
$300
Days on market
-
Sold On
-
MLS number
SR25236234
Home ConditionExcellent
Features
Excellent View: Bridge(s), Lake, Mountain(s), Neighborhood
Pool
Spa
Patio
ViewBridge(s), Lake, Mountain(s), Neighborhood

About this home

WOW... Lowest Priced Lake Front Home!Terra Lago Lake One Story Detached Pool/Spa Home by Woodside, Former Model. Featuring 4 bedroom, 3 beautifully updated baths with East Facing Leisure view of Lake, Mountains and Terra Lago's Signature bridge. Updated Chef's Kitchen with center island, quartz counter tops, Newer Stainless Steel appliances, Fridge Included. Spacious Great room, dining area. The primary bedroom offers Lake, Mountain view! Walk in closet, the large ensuite primary bath offers updated vanity with dual sink, separate tub and shower. 3 Guest Bedrooms all with walk in closets. Built in speakers. Sep outside to the private large entertainers back yard with grass area, salt water pool & spa, Recent upgrades include newer laminated flooring and paint throughout, Solar, tankless water heater, newer AC System! Aluma wood patio cover with misters. Great Location, walk to Clubhouse, easy access to Avenue 43 gate for shopping, dining, entertainment, nearby New Acrisure Arena for awesome concert events, Ice Hockey and more! Terra Lago allows Short Term Rentals. Resort Style Living At Its BEST!!!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.2mi
4/10
Desert Ridge Academy
Public,6-85.0mi
5/10
Shadow Hills High School
Public,9-124.8mi
Condition Rating
Excellent

Built in 2010, this property is relatively new, and the listing explicitly states 'Recent upgrades include newer laminated flooring and paint throughout, Solar, tankless water heater, newer AC System!'. The kitchen is described as an 'Updated Chef's Kitchen with center island, quartz counter tops, Newer Stainless Steel appliances', and the bathrooms are 'beautifully updated'. The images confirm a modern, clean aesthetic with new-looking laminate flooring, recessed lighting, and well-maintained fixtures. All major systems and aesthetic components appear new or virtually new, indicating minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

Lakefront Location & Panoramic Views: This is the lowest-priced lakefront home in Terra Lago, offering stunning East-facing views of the lake, mountains, and the community's signature bridge from multiple rooms, significantly enhancing its appeal.
Extensive Recent Upgrades: The property boasts a beautifully updated chef's kitchen with quartz countertops and newer stainless steel appliances, updated bathrooms, newer laminated flooring, fresh paint, solar panels, a tankless water heater, and a newer AC system, minimizing immediate maintenance.
Private Resort-Style Backyard: The large entertainers' backyard features a salt water pool & spa, a grass area, and an Aluma wood patio cover with misters, providing an ideal private oasis for relaxation and hosting.
Short-Term Rental Potential: Terra Lago allows short-term rentals, presenting a significant opportunity for income generation or flexible usage for investors and part-time residents.
Prime Location & Community Amenities: Enjoy resort-style living with a great location within walking distance to the clubhouse and easy access to shopping, dining, entertainment, and the new Acrisure Arena, offering a vibrant lifestyle.

Cons

Ongoing Association Fees: A monthly association fee of $300 adds to the recurring cost of ownership, which could be a consideration for budget-conscious buyers.
Modest Lot Size: At 6,970 sqft, the lot size, while accommodating a pool and spa, may be considered modest for some buyers seeking a more expansive private outdoor area for a detached single-family home.
Potential for High Utility Costs: Despite having solar and a newer AC system, the desert climate of Indio combined with a pool and spa could still lead to higher utility expenses, particularly during peak summer months.

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