84311 Canzone Drive, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath

84311 Canzone Drive
Indio, California 92203
Property Price
SUMMARY
Analysis of 84311 Canzone Drive, Indio, California 92203 reveals a property with a current list price of $899,000, which is 3% above the estimated $864,410 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84311 Canzone Drive Subject | $899,000* List Price | 4 | 3 | 1,898 | $455 | - |
A 42871 Beato Drive Sold | $1,060,000 | 4 | 3 | 2,338 | $453 | 0.1 mi |
B 42776 Del Lago Court Sold | $915,000 | 5 | 3 | 2,431 | $376 | 0.2 mi |
C 43173 Bacino Court Sold | $1,015,000 | 3 | 3 | 2,274 | $446 | 0.3 mi |
D 42916 Gordola Place Sold | $694,000 | 2 | 2 | 2,026 | $343 | 1.0 mi |
E 43220 Portuale Court Sold | $1,050,000 | 4 | 3 | 2,416 | $435 | 0.3 mi |
F 84340 Acqua Court Active | $799,999 List Price | 4 | 2 | 1,898 | $421 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is 18 years old, fitting within the 'Good' category's age range. The home is move-in ready and appears very well-maintained, consistent with its use as a high-performing short-term rental. The bathrooms have been updated with modern fixtures, contemporary tile work, and stylish lighting. Common areas feature modern light fixtures and consistent wood-look tile flooring. While the kitchen is clean and functional with white cabinets and stainless steel appliances, the granite countertops, though well-kept, reflect a style more common to its original build era rather than a recent, extensive renovation. Overall, major systems appear functional, and the property shows minimal wear and tear, making it a solid 'Good' condition.
PROSSTRENGTHS & OPPORTUNITIES
- High-Performing Short-Term Rental (STR) Asset
Explicitly designed and proven for strong STR performance, offering immediate cash flow and portfolio upside, consistently attracting larger groups and repeat guests.
- Premium Lakefront Location with Private Amenities
Features a private dock, unobstructed water and mountain views, and a private pool and spa, positioning it at the top tier of rental inventory and commanding premium nightly rates.
- Strategic Proximity to Major Attractions
Located minutes from high-demand event venues like Coachella and Stagecoach, Indian Wells Tennis Garden, and world-class golf, ensuring diversified, year-round rental demand.
CONSRISKS & DEFICIENCIES
- Recurring Association Fees
The property incurs a monthly association fee of $325, which adds to the ongoing operational costs and impacts the net profitability for an investor.
- Potential for Market Saturation/Competition
Being one of potentially four similar lakefront STR properties in the same community, there could be internal competition or a risk of market saturation if many comparable units are available.
- Age of Property (Maintenance/Updates)
Built in 2006, the property is 18 years old. While purpose-built for STR, it may require ongoing maintenance or future updates to remain competitive and attractive to guests, incurring additional costs.
About 84311 Canzone Drive
Rare opportunity to acquire one--or all four--high-performing lakefront short-term rental properties in the gated community of Terra Lago. Formerly part of an exclusive investment portfolio, these income-producing villas are now available for individual or bulk purchase, offering immediate cash flow and portfolio-level upside in one of the Coachella Valley's most reliable STR markets.This single-story 4-bedroom, 3-bath residence spanning approximately 1,898 sq. ft. is purpose-built for short-term rental performance, featuring a layout that consistently attracts larger groups and repeat guests. A rare backyard gate connection between neighboring villas creates a compound-style setup--ideal for multi-home bookings, festivals, and event-driven demand.The lakefront setting with private dock, unobstructed water and mountain views, private pool and spa, and covered patio drive premium nightly rates and year-round guest appeal. These features position the property at the top tier of Terra Lago's rental inventory.Located minutes from Coachella and Stagecoach, Indian Wells Tennis Garden, El Paseo, and world-class golf, the home benefits from diversified, year-round rental demand, supporting strong occupancy and reduced seasonality risk.Whether acquiring a single turnkey STR or expanding with a four-property lakefront portfolio, this is a rare chance to secure scalable, income-producing assets in an investor-friendly community.Sold furnished per inventory list.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 6,098 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 • 1.3 mi
Desert Ridge Academy
Grades 6-8 • 5.0 mi
Shadow Hills High School
Grades 9-12 • 4.7 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 | 1,898 | 2,112 | 40% |
| Lot Size | 6,098 | 7,405 | 29% |
| Price | $899.0K | $550.0K | 90% |
| Price per sq ft | $474 | $278 | 97% |
| Built year | 2006 | 2006 | 50% |
| HOA | $325.0 | $300 | 58% |
| Days on market | 75 | 185 | 8% |
Pricing History
Listed for Sale
Dec 23, 2025
$899,000
Initial Listing
Sold
May 3, 2023
$930,000
Public Record
Sold
Jul 12, 2018
$370,000
Public Record
Sold
Jan 16, 2009
$386,000
Public Record
Sold
Apr 28, 2006
$419,500
Public Record
















































