84657 Litorale Court, Indio, California 92203, Indio, 92203 - 5 bed, 5 bath

84657 Litorale Court, Indio, California 92203 home-pic-0
ACTIVE$1,139,000
84657 Litorale Court, Indio, California 92203
5Beds
5Baths
2,416Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($961,944.04) is $177,055.96 (15%) lower than the list price ($1,139,000). This property may be overpriced.

Key pros and cons

Top Pros:
Waterfront Location & Views: This exquisite waterfront retreat offers stunning views of the serene lake, vibrant parklands, and mountains, enhancing its luxury appeal.
Top Cons:
Potential Overpricing: The current listing price is 15% above the estimated property value, which may indicate it is overpriced compared to market expectations.

Compared to the nearby listings

Price:$1.14M vs avg $570.5K (+$568,500)97%
Size:2,416 sqft vs avg 2,160.5 sqft67%
Price/sqft:$471 vs avg $27499%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it virtually new. The description highlights a 'culinary paradise' with 'sleek quartz countertops' and 'premium appliances,' and a 'spa-like bathroom' in the owner's suite. Images confirm modern white cabinetry, stainless steel appliances, contemporary light fixtures, clean tile flooring in common areas and bathrooms, and plush carpeting in bedrooms. All elements appear new, well-maintained, and meet current quality standards, aligning perfectly with the 'excellent' condition criteria.
Year Built
2022
Close
-
List price
$1.14M
Original List price
$1.14M
Price/Sqft
$471
HOA
$300
Days on market
-
Sold On
-
MLS number
SW25115967
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s)
Deck
Pool
Spa
Patio
ViewPark/Greenbelt, Lake, Mountain(s)

About this home

YOUR DREAM LUXURY RENTAL AWAITS – FULLY FURNISHED! This exquisite waterfront retreat offers stunning views and exceptional amenities. Upon entering the kitchen, you'll discover a culinary paradise complete with sleek quartz countertops, premium appliances, and plenty of space for crafting gourmet meals. The dining area invites you to host extravagant dinner parties, and the design elegantly transitions into the expansive living room, allowing you to enjoy the stunning views of the serene lake and the vibrant parklands and your private pool. This remarkable home boasts five bedrooms, each radiating comfort and style. The owner's suite serves as a haven of luxury, featuring a spa-like bathroom, a walk-in closet, and a private terrace, ideal for sunset enjoyment. Additional junior suites and bedrooms provide privacy and convenience for guests. Every room is enhanced by exquisite drapery, adding a touch of sophistication. Safety is a priority, with state-of-the-art security features ensuring peace of mind for residents. The community amenities are a true delight, offering a wide array of leisure and recreational options, from the clubhouse to the golf course. Additionally, the HOA includes complimentary Internet, cable TV, and 24-hour guard-controlled access. Located near popular destinations such as Palm Springs, Coachella, and Joshua Tree National Park, this idyllic setting presents endless possibilities, whether you decide to make it your permanent home or capitalize on its rental income potential. With every detail thoughtfully designed for comfort and luxury, this waterfront haven is genuinely a dream come true. EXCELLENT RENTAL INCOME OPPORTUNITY AS SHORT-TERM RENTALS ARE ALLOWED IN TERRA LAGO!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.4mi
4/10
Desert Ridge Academy
Public,6-85.4mi
5/10
Shadow Hills High School
Public,9-125.2mi
Condition Rating
Excellent

This property was built in 2022, making it virtually new. The description highlights a 'culinary paradise' with 'sleek quartz countertops' and 'premium appliances,' and a 'spa-like bathroom' in the owner's suite. Images confirm modern white cabinetry, stainless steel appliances, contemporary light fixtures, clean tile flooring in common areas and bathrooms, and plush carpeting in bedrooms. All elements appear new, well-maintained, and meet current quality standards, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Waterfront Location & Views: This exquisite waterfront retreat offers stunning views of the serene lake, vibrant parklands, and mountains, enhancing its luxury appeal.
Strong Rental Income Potential: Designated as a luxury rental, fully furnished, and explicitly allowing short-term rentals in Terra Lago, it presents an excellent investment opportunity.
New Construction & Luxury Finishes: Built in 2022, the home features a culinary paradise with quartz countertops and premium appliances, a luxurious owner's suite, and exquisite drapery throughout.
Extensive Community Amenities: Residents benefit from a wide array of leisure options including a clubhouse, golf course, and HOA-provided Internet, cable TV, and 24-hour guard-controlled access.
Spacious & Versatile Layout: With five bedrooms and five bathrooms, including junior suites and a luxurious owner's suite with a private terrace, the property offers ample space and privacy for residents and guests.

Cons

Potential Overpricing: The current listing price is 15% above the estimated property value, which may indicate it is overpriced compared to market expectations.
Relatively Small Lot Size: With a lot size of 3,485 sqft, the property offers limited outdoor space beyond the private pool area, which might be a consideration for some buyers.
High Monthly HOA Fees: A monthly association fee of $300, while inclusive of amenities, represents a significant recurring cost that potential buyers must factor into their budget.

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