
Indio, California 92203
This Turnkey Lakefront Residence is a Strong Value Opportunity, listed at $969,000—positioned well below the $1,031,050 Fair Market Value by 6%. This valuation gap offers $62,050 in Instant Equity for the buyer. Featuring a 2021 build date and an Excellent Condition Rating, this home includes a chef’s kitchen, private pool and spa, and panoramic lake views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 84662 Litorale Court Subject | $969,000* List Price | 4 | 5 | 2,697 | $382 | - |
A 84650 Litorale Court Active | $995,000 List Price | 4 | 5 | 2,697 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is only 3 years old and in mint condition. It features a modern chef's kitchen with premium appliances, contemporary spa-inspired bathrooms, and brand-new systems (HVAC/Electric), requiring no maintenance.
Situated directly on the water within the gated Terra Lago community, this property offers rare panoramic lake and mountain views that significantly enhance its luxury appeal and resale value.
The home is sold fully furnished and is specifically optimized for short-term rentals, providing an immediate 'Airbnb-ready' opportunity near major attractions like the Coachella and Stagecoach festival grounds.
Built in 2021, the residence features contemporary architecture, a chef’s kitchen with premium appliances, and a private resort-style pool and spa, ensuring low immediate maintenance costs for the buyer.
At 3,920 square feet, the lot is relatively small for a luxury home in this price bracket, which may limit outdoor privacy and yard space compared to older desert estates.
While the elementary school is conveniently located, the assigned middle and high schools are over five miles away, which may be a drawback for full-time residents with older children.
Stunning lakefront home in the highly desirable gated community of Terra Lago in Indio, offering luxury living, breathtaking views, and excellent investment potential. This turnkey furnished 4-bedroom, 4.5-bath residence is perfect as a vacation home, full-time retreat, or high-performing short-term rental. Built with modern elegance in mind, the open-concept floor plan is filled with natural light and showcases upscale finishes throughout. The chef’s kitchen features premium appliances, sleek countertops, a spacious island, walk-in pantry, and abundant cabinetry, seamlessly flowing into the expansive living and dining areas ideal for entertaining. Thoughtfully designed for comfort and functionality, the home includes a spacious upstairs loft/game area and generously sized guest rooms. The luxurious primary suite offers a private balcony with lake and mountain views, spa-inspired bathroom with soaking tub, dual vanities, oversized shower, and a large walk-in closet. Step outside to your resort-style backyard featuring a pool and spa, shaded lounge area, and panoramic lake and mountain views. Additional highlights include designer furnishings and Airbnb-ready setup for immediate enjoyment or passive income potential. Terra Lago offers a gated resort-style setting with scenic lakes, walking paths, golf course surroundings, and close proximity to world-famous attractions including Coachella, Stagecoach, Indian Wells Tennis Garden, casinos, dining, shopping, and more—making this an exceptional opportunity to enjoy the ultimate desert lifestyle.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 5.5 mi
Grades 9-12 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 2,697 | 2,147 | 80% |
| Lot Size | 3,920 | 7,841 | 0% |
| Price | $969.0K | $550.0K | 93% |
| Price per sq ft | $359 | $272 | 92% |
| Built year | 2021 | 2006 | 90% |
| HOA | $325.0 | $300 | 53% |
| Days on market | 24 | 164 | 0% |
May 22, 2026
$969,000
Initial Listing
Aug 1, 2022
$862,500
Public Record
Apr 23, 2021
$7,035,000
Public Record