84325 Canzone Drive, Indio, California 92203, Indio, 92203 - 5 bed, 3 bath
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Indio, California 92203
This Turnkey Lakefront Income Property is listed at $1,099,000, representing a premium Asset within the gated Terra Lago community. While the $970,077 Fair Market Value reflects standard residential comps, the property’s Good Condition Rating and proven short-term rental history provide significant ROI potential. Featuring Panoramic Lake and Mountain Views, a Private Pool and Spa, and access to Desert Sands Unified schools, the 5-bedroom layout is optimized for festival-season demand. This turnkey offering is an ideal acquisition for Short-Term Rental Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84325 Canzone Drive Subject | $1,099,000* List Price | 5 | 3 | 2,338 | $415 | - |
A 42776 Del Lago Court Sold | $915,000 | 5 | 3 | 2,431 | $376 | 0.2 mi |
B 42871 Beato Drive Sold | $1,060,000 | 4 | 3 | 2,338 | $453 | 0.1 mi |
C 84343 Onda Drive Sold | $1,086,000 | 7 | 3 | 2,697 | $403 | 0.4 mi |
D 43247 Fiore Street Active | $895,000 List Price | 5 | 3 | 2,478 | $361 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006, making it 18 years old, which falls within the 'Good' category's age range. The kitchen features white shaker-style cabinets, granite countertops, and stainless steel appliances, all appearing well-maintained and functional, though the granite style is not the most current trend. Bathrooms also feature granite countertops and white cabinetry, consistent with the kitchen's condition. Flooring consists of large format tile downstairs and hardwood upstairs, both in good condition. Modern light fixtures throughout suggest some aesthetic updates. The property is move-in ready with no immediate renovations required, and all visible components show minimal wear and tear, aligning with a 'Good' condition rating.
Marketed as a 'high-performing Airbnb rental' with 'excellent cash flow potential' and a 'proven income-generating property,' offering immediate short-term rental income.
Strategically located minutes from major attractions like Coachella, Stagecoach, and Indian Wells Tennis Garden, ensuring consistent year-round demand from vacationers and festivalgoers.
Features breathtaking lake and mountain views, a private backyard oasis with boat/dock access, fire pit, custom misting system, and a private pool and spa, enhancing guest experience and rental appeal.
A monthly association fee of $325.0 can impact the net operating income and overall profitability for an investment property.
The property's value and income potential are heavily dependent on the short-term rental market, which can be susceptible to regulatory changes, increased competition, or shifts in tourism trends.
The current listing price of $1.099M is notably lower than its last recorded sale price of $1.3M in 2022, which may raise questions about market conditions or the property's current valuation.
Seller Willing to Sell Individually - Exclusive Investor Opportunity in Terra Lago!This is a rare chance to acquire one--or all four--luxury furnished lakefront homes conveniently located side by side in the highly sought-after gated community of Terra Lago. These high-performing Airbnb rentals are fully turnkey furnished per inventory list and offer immediate short-term rental income with excellent cash flow potential.This featured two-story home offers 2,338 sq. ft. of well-designed living space with 5 bedrooms and 2.5 bathrooms, thoughtfully laid out to maximize occupancy, guest comfort, and rental revenue. The first floor includes two California King bedrooms, while upstairs you'll find another California King bedroom along with two additional bedrooms, each outfitted with two full beds--perfect for accommodating larger groups. Backyard gates between homes allow guests to seamlessly move between villas, creating an ideal setup for group rentals, retreats, or multi-family gatherings.Enjoy breathtaking lake and mountain views from your private backyard oasis featuring boat and dock access, a cozy fire pit, custom misting system, and a private pool and spa. Whether for relaxation or entertaining, this home is built to impress.Located just minutes from top attractions like Coachella, Stagecoach, Indian Wells Tennis Garden, and El Paseo, these homes consistently attract year-round vacationers and festivalgoers, ensuring steady rental demand.Don't miss this exceptional opportunity to own a proven income-generating property--whether individually or as part of a lucrative bulk portfolio in one of the desert's most desirable short-term rental communities. Contact us today for rental financials and details on this exclusive offering.
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 | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,338 | 2,112 | 66% |
| Lot Size | 6,534 | 7,841 | 31% |
| Price | $1.10M | $550.0K | 93% |
| Price per sq ft | $470 | $278 | 97% |
| Built year | 2006 | 2006 | 50% |
| HOA | $325.0 | $300 | 57% |
| Days on market | 122 | 181 | 29% |
Dec 23, 2025
$1,099,000
Initial Listing
Jun 15, 2022
$1,300,000
Public Record
Apr 28, 2006
$560,000
Public Record