
Indio, California 92203
This Turnkey Lakefront Investment Retreat in the gated Terra Lago community is listed at $850,000, representing a stable acquisition aligned with its $837,826 Fair Market Value. Boasting a Good Condition Rating, the residence features a Granite Kitchen, Private Dock, and a resort-style Pool and Spa with Panoramic Lake and Mountain Views. Proximity to Shadow Hills High School, Desert Ridge Academy, and Dwight Eisenhower Elementary ensures consistent year-round demand. This fully furnished home is an ideal choice for Short-Term Rental Investors or Lifestyle Buyers seeking a high-performing desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84297 Canzone Drive Subject | $850,000* List Price | 3 | 2 | 1,720 | $487 | - |
A 42871 Beato Drive Sold | $1,060,000 | 4 | 3 | 2,338 | $453 | 0.1 mi |
B 43173 Bacino Court Sold | $1,015,000 | 3 | 3 | 2,274 | $446 | 0.3 mi |
C 84311 Canzone Drive Active | $899,000 List Price | 4 | 3 | 1,898 | $474 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready and marketed as a turnkey investment. The kitchen features granite countertops and stainless steel appliances that appear well-maintained. The interior shows consistent tile flooring and clean finishes, while the outdoor area, including the pool, spa, and private dock, appears to be in excellent functional condition with no visible deferred maintenance.
The property features a private dock and direct lake access with panoramic mountain views, providing a rare and high-value lifestyle amenity in the Indio desert.
Offered fully furnished and located minutes from major festival grounds like Coachella and Stagecoach, this home is positioned for immediate short-term rental income.
The backyard is a comprehensive entertainment hub featuring a private pool, spa, and fire-pit lounge, which are essential drivers for high occupancy and premium nightly rates.
At 1,720 square feet, the 3-bedroom layout may feel slightly constrained for larger groups or those seeking a more expansive luxury estate feel.
The current list price of $850,000 is notably lower than its 2021 sale price of $949,000, suggesting the property may be sensitive to shifts in the local short-term rental market.
This is the kind of property investors seek out--and guests remember. Set along the water in the gated community of Terra Lago, this lakefront retreat blends strong short-term rental appeal with a lifestyle that sells itself.Designed for high demand and effortless ownership, the 3-bedroom, 2-bath layout is open, bright, and built for groups. Indoor living flows naturally to the outdoors, maximizing how guests use--and love--the home. The kitchen anchors the space with granite countertops, stainless steel appliances, and room to gather, entertain, and linger.Offered furnished per inventory, this is a true turnkey opportunity--ready to generate income from day one. Outside, the experience elevates: pool and spa, fire-pit lounge, outdoor dining, and private dock access with panoramic lake and mountain views. These are the amenities that drive bookings, repeat stays, and premium nightly rates.Location is a major value driver. Minutes to Coachella and Stagecoach, near Indian Wells Tennis Garden, and close to the shopping and dining of El Paseo, this home benefits from year-round demand across festivals, sports, golf, and leisure travel.Whether you're expanding a short-term rental portfolio, securing a low-maintenance lakefront asset, or pairing personal use with income, this Terra Lago property checks the boxes that matter most: location, amenities, views, and proven guest appeal.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 5.0 mi
Grades 9-12 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,720 | 2,112 | 29% |
| Lot Size | 6,098 | 7,841 | 27% |
| Price | $850.0K | $547.5K | 88% |
| Price per sq ft | $494 | $277 | 97% |
| Built year | 2005 | 2006 | 36% |
| HOA | $300.0 | $300 | 50% |
| Days on market | 101 | 181 | 20% |
Jan 12, 2026
$850,000
Initial Listing
Nov 2, 2021
$949,000
Public Record
Jun 8, 2007
$525,000
Public Record
Apr 25, 2006
$419,500
Public Record