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

84657 Litorale Court, Indio, California 92203 home-pic-0
ACTIVE$1,100,000
84657 Litorale Court, Indio, California 92203
5Beds
5Baths
2,416Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($1,021,937.06) is $78,062.94 (7%) lower than the list price ($1,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Waterfront Property: The property is located on the waterfront, offering stunning lake and mountain views, which significantly increases its desirability and value.
Top Cons:
HOA Fees: The monthly HOA fee of $325 could be a deterrent for some buyers, especially those sensitive to ongoing expenses.

Compared to the nearby listings

Price:$1.10M vs avg $570.5K (+$529,500)97%
Size:2,416 sqft vs avg 2,160.5 sqft67%
Price/sqft:$455 vs avg $27499%

More Insights

Built in 2022 (3 years old).
Condition: The property was built in 2022, so it's relatively new. The images show a modern kitchen with stainless steel appliances and quartz countertops, and bathrooms with dual vanities and ceramic tile walk-in showers. The overall condition appears to be excellent, with no visible deferred maintenance.
Year Built
2022
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$455
HOA
$325
Days on market
-
Sold On
-
MLS number
SW25166745
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Lake, Mountain(s)
Pool
Spa
Patio
ViewPark/Greenbelt, Lake, Mountain(s)

About this home

SPECTACULAR NEW TURNKEY WATERFRONT HOME! Luxury resort living with panoramic views of the lake and mountains from your private heated pool & spa. As you step into the opulent kitchen, you are greeted by a culinary paradise featuring sleek quartz countertop and high-end appliances, Kitchen opens up to elegant dining area and a spacious living room with a breathtaking view of the lake. This beautiful home has 5 bedrooms. The luxurious owner's retreat has en-suite bathroom, dual vanities, ceramic tile walk-in shower, walk-in closet and access to a private terrace to relax and enjoy a glass of wine or your morning coffee. Junior suite on second level features an en-suite bathroom. Second junior suite on the first-floor level has an en-suite bathroom, perfect for your guests. Bedrooms 4 and 5 share a hallway bathroom with separate dual vanities. HOA includes free Internet, cable TV and guard, controlled access. It has a garage for 2 cars. This is one of the only homes with no houses across the lake! This home has it all to gather your family and friends to enjoy all of the amazing amenities: Clubhouse, Pool, Playground, Gym, Recreation Room, and Hiking Trails. This Gorgeous home is located within minutes from Palm Springs, Coachella Valley and Joshua Tree National Park. YOUR DREAM LUXURY RENTAL AWAITS AS A 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

The property was built in 2022, so it's relatively new. The images show a modern kitchen with stainless steel appliances and quartz countertops, and bathrooms with dual vanities and ceramic tile walk-in showers. The overall condition appears to be excellent, with no visible deferred maintenance.
Pros & Cons

Pros

Waterfront Property: The property is located on the waterfront, offering stunning lake and mountain views, which significantly increases its desirability and value.
Turnkey Condition: The home is described as 'turnkey,' suggesting it's move-in ready and requires no immediate renovations or repairs, appealing to buyers seeking convenience.
Short-Term Rental Potential: Short-term rentals are allowed in Terra Lago, making this property an attractive investment opportunity for generating rental income.
Community Amenities: The HOA provides access to a range of amenities, including a clubhouse, pool, playground, gym, recreation room, and hiking trails, enhancing the lifestyle appeal.
New Construction: Built in 2022, the property benefits from modern construction standards, updated systems, and contemporary design, reducing the likelihood of immediate maintenance issues.

Cons

HOA Fees: The monthly HOA fee of $325 could be a deterrent for some buyers, especially those sensitive to ongoing expenses.
Limited Lot Size: The lot size of 3,485 sqft is relatively small, which may limit outdoor space and potential for expansion.
Location: While proximity to Palm Springs, Coachella Valley, and Joshua Tree is a plus, Indio's specific location might not appeal to all buyers compared to more central or upscale areas.

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