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

84311 Canzone Drive, Indio, California 92203 home-pic-0

84311 Canzone Drive

Indio, California 92203

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,898Sq Ft
6,098Lot Size

Property Price

LIST PRICE$899,000
EST. MARKET VALUE
$864,410
3% AboveMARKET VALUE

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

$864,410
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
84311 Canzone Drive
Subject
$899,000*
List Price
431,898$455-
A
42871 Beato Drive
Sold
$1,060,000432,338$4530.1 mi
B
42776 Del Lago Court
Sold
$915,000532,431$3760.2 mi
C
43173 Bacino Court
Sold
$1,015,000332,274$4460.3 mi
D
42916 Gordola Place
Sold
$694,000222,026$3431.0 mi
E
43220 Portuale Court
Sold
$1,050,000432,416$4350.3 mi
F
84340 Acqua Court
Active
$799,999
List Price
421,898$4210.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 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

/10

Desert Ridge Academy

Grades 6-8 • 5.0 mi

4/10

Shadow Hills High School

Grades 9-12 • 4.7 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 foot1,8982,112
40%
Lot Size6,0987,405
29%
Price$899.0K$550.0K
90%
Price per sq ft$474$278
97%
Built year20062006
50%
HOA$325.0$300
58%
Days on market75185
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

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