84657 Litorale Court, Indio, California 92203, Indio, 92203 - 5 bed, 5 bath
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Indio, California 92203
This Turnkey Waterfront Residence represents a High-Potential Investment Opportunity, listed at $999,990—positioned slightly above the $972,617 Fair Market Value. While the price reflects a premium for its Mint Condition Rating and 2022 construction, the property offers significant utility through its Private Heated Pool and Spa and Unobstructed Lake and Mountain Views. Currently operating as a successful short-term rental in the STR-friendly Terra Lago community, this asset is ideal for Buy-and-Hold Investors or Vacation Home Seekers prioritizing immediate, high-end rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84657 Litorale Court Subject | $999,990* List Price | 5 | 5 | 2,416 | $403 | - |
A 84650 Litorale Court Sold | $970,000 | 4 | 5 | 2,697 | $360 | 0.0 mi |
B 43241 Pietra Court Active | $939,000 List Price | 5 | 4 | 2,416 | $389 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is only 2 years old and in mint condition. The kitchen features modern quartz countertops and premium appliances, while the bathrooms are contemporary with dual vanities. All systems (HVAC/Electric) are nearly new, requiring no maintenance.
The property features rare, unobstructed panoramic lake and mountain views with no residences directly across the water, providing superior privacy and aesthetic value.
Located in the STR-friendly Terra Lago community and currently operating as a successful rental, this property offers immediate turnkey investment potential with proven cash flow.
Built in 2022, the home includes $50,000 in premium upgrades, a private heated pool and spa, and a versatile five-bedroom layout with junior suites on both levels.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The 3,485 square foot lot is relatively small for a five-bedroom residence, resulting in high-density living and minimal yard space beyond the pool area.
Listed at nearly $1,000,000, the property sits at a high price point for the Indio area, which may limit the buyer pool to specific luxury investors or high-end vacation home seekers.
Turnkey waterfront home with panoramic lake and mountain views. Enjoy a private heated pool and spa from one of the few homes in the community with no residences directly across the lake, offering unobstructed views. The open-concept floor plan includes a kitchen with quartz countertops, premium appliances, and spacious living and dining areas overlooking the water. The primary suite features a private terrace, walk-in closet, and en-suite bath with dual vanities and a walk-in shower. A junior suite on each level offers a private bath, while two additional bedrooms share a hallway bath with dual vanities. Approximately $50,000 in upgrades include premium custom window coverings throughout. HOA amenities with high-speed internet, cable TV, guard-gated access, and a clubhouse. Currently operated as a successful short-term rental, this property offers excellent investment potential in Terra Lago, where short-term rentals are permitted. Located just minutes from Palm Springs, Coachella Valley, and Joshua Tree National Park.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 5.4 mi
Grades 9-12 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,416 | 1,953.5 |
| Lot Size | 3,485 | 6,970 |
| Price | $1000.0K | $544.5K |
| Price per sq ft | $414 | $281 |
| Built year | 2022 | 2005 |
| HOA | $325.0 | $280 |
| Days on market | 17 | 80 |
Jul 6, 2026
$999,990
Initial Listing
May 23, 2022
$770,500
Public Record
Apr 23, 2021
$7,035,000
Public Record