84339 Canzone Drive, Indio, California 92203, Indio, 92203 - 4 bed, 4 bath
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Indio, California 92203
This Turnkey Lakefront Income Property is listed at $899,000, representing a stable valuation for its Virtually New Condition and premium amenities relative to the $844,736 Fair Market Value. The residence features panoramic lake and mountain views, a private pool and spa, and a designer-renovated kitchen with high-end finishes. Situated in the gated Terra Lago community near Shadow Hills High School, the home is sold fully furnished for immediate utility. This is a premier opportunity for Short-Term Rental Investors or Vacation Home Buyers seeking a high-performing, move-in-ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84339 Canzone Drive Subject | $899,000* List Price | 4 | 4 | 1,898 | $445 | - |
A 42776 Del Lago Court Sold | $915,000 | 5 | 3 | 2,431 | $376 | 0.2 mi |
B 84170 Caviano Drive Active | $749,000 List Price | 4 | 3 | 2,084 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property, built in 2006, presents as if it has undergone extensive recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, white quartz countertops, stainless steel appliances, and contemporary lighting. Bathrooms boast modern vanities, marble-look tile, and glass-enclosed showers. All finishes and fixtures are current, high-quality, and show no signs of wear, indicating a virtually new condition throughout, meeting current luxury standards for a turnkey property.
This property is explicitly marketed as an 'income-producing lakefront opportunity' and is 'sold fully furnished,' enabling immediate income generation from day one for short-term rentals.
Strategically located minutes from major attractions like Coachella, Stagecoach, Indian Wells Tennis Garden, and El Paseo, ensuring 'consistent year-round demand' in a strong short-term rental market.
The backyard offers a luxurious 'resort-style' experience with a private pool, spa, fire pit lounge, dining for 12, gas BBQ, and a custom misting system, all remotely controlled for guest convenience.
The property is subject to a monthly association fee of $325.0, which represents an ongoing cost that impacts the net income for investors or adds to the homeowner's expenses.
The current list price of $899,000 is lower than its last recorded sale price of $1,000,000 in August 2022, which may warrant further investigation into market conditions or property valuation.
While a strength for guests, the extensive resort-style amenities (pool, spa, misting system, high-end furnishings) inherently require significant ongoing maintenance and potential repair costs, especially with frequent short-term rental use.
Turnkey, income-producing lakefront opportunity in the desirable gated community of Terra Lago. Offered individually from an exclusive portfolio of four high-performing short-term rentals, this exceptional residence is sold fully furnished per inventory list--allowing you to generate income from day one.Spanning 1,898 sq. ft., the home features 4 bedrooms and 3.5 bathrooms, a spacious open-concept layout, and stunning lake and mountain views. Designer-level furnishings, large Smart TVs, EV charging, and dedicated workspaces are thoughtfully curated to meet today's luxury guest expectations and maximize occupancy.The resort-style backyard is built for unforgettable stays, complete with a private pool and spa, fire pit lounge, dining for 12, gas BBQ, and a custom misting system, all remotely controlled for seamless guest convenience.Ideally located just minutes from Coachella, Stagecoach, Indian Wells Tennis Garden, and El Paseo, this property benefits from consistent year-round demand in one of the desert's strongest short-term rental markets.Whether you're expanding your STR portfolio, acquiring a high-performing single asset, or seeking a luxury vacation home with income upside, this is a rare lakefront investment opportunity in one of the Coachella Valley's top-performing rental communities.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 5.0 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 1,898 | 2,112 | 42% |
| Lot Size | 6,970 | 7,841 | 39% |
| Price | $899.0K | $547.5K | 90% |
| Price per sq ft | $474 | $277 | 97% |
| Built year | 2006 | 2006 | 50% |
| HOA | $325.0 | $300 | 55% |
| Days on market | 121 | 181 | 27% |
Dec 23, 2025
$899,000
Initial Listing
Aug 31, 2022
$1,000,000
Public Record
Apr 27, 2006
$518,500
Public Record