84125 Tramonto Way
Indio, CA 92203
- 4 beds
- 2 baths
- 1,737 sqft
- $414 per sqft
- 2011 build
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away. As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development. In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat. Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
Listing courtesy of DAMLS / HomeSmart
Last checked:
Checking…
•
Last updated Oct 16, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 219112992 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:2011
-
Year Built Source:Assessor
-
Year Established:None
-
New Construction:No
-
Building Area Total:1737.0
-
Building Area Source:Assessor
-
# of Buildings:None
-
# of Units Total:None
-
Unit Number:None
-
Building Name:None
-
Building Features:None
-
Stories:None
-
Stories Total:1
-
Levels:One
-
Security Features:24 Hour Security, Community, Gated Community
-
Basement:None
Interior
-
Rooms Total:None
-
Furnished:Furnished
-
Entry Location:None
-
Flooring:Vinyl
-
Fireplaces Total:1
-
Fireplace:true
-
Fireplace Features:Gas
-
Fireplace Features -Gas:true
Room Dimensions
-
Living Area:1737.0
-
Living Area Source:None
Location
-
Directions:None
-
Cross Street:Terra Lago Pkwy
-
Latitude:33.737705
-
Longitude:-116.1972
The Property
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Topography:None
-
Lot Size Area:5663.0
-
Lot Dimensions Source:None
-
Lot Size Source:Assessor
-
Zoning:None
-
Current Use:None
-
Possible Use:None
-
View:Mountain(s), Peek-A-Boo
-
View:true
-
Property Attached:No
-
Water Body Name:None
-
Waterfront:No
-
View:Yes
-
Fencing:Block
-
Road Frontage Type:None
Listing Agent
- Contact info:
- Agent phone:
- (760) 702-4908
- Office phone:
- (760) 844-7500
Taxes
-
Tax Year:None
-
Tax Annual Amount:None
-
Tax Legal Description:None
Beds
-
Bedrooms Total:4
Baths
-
Total Baths:2.0
-
Total Baths:2
-
Full Baths:2
-
Partial Baths:None
The Listing
-
Home Warranty:No
-
Disclosures:CC & R
Heating & Cooling
-
Heating:Central, Natural Gas
-
Heating:true
-
Heating -Central:true
-
Heating Fuel -Natural Gas:true
-
Cooling:Air Conditioning
-
Cooling:true
-
Cooling Type -Air Conditioning:true
Utilities
-
Utilities:Cable Available
-
Sewer:Connected on Bond
Schools
-
Elementary School District:None
-
Middle Or Junior School District:None
The Community
-
Subdivision Name:Terra Lago
-
Gated Community:Yes
-
Gated Community:true
-
Clubhouse Amenities:true
-
Senior Community:false
-
Senior Community:No
-
Community Features:Community Dock
-
Spa:true
-
Pool:Yes
-
Private Pool:true
-
Pool Private:true
-
Pool Features:Heated, Private, In Ground
-
Pets Allowed:None
-
HOA Fee:300.0
-
Association:true
-
Association Name:None
-
Association Amenities:Billiard Room, Clubhouse, Fitness Center
-
Association Fee:300.0
-
Association Fee Frequency:Monthly
-
Cap Rate:None
-
Spa Features:Private, In Ground
Parking
-
Garage:Yes
-
Garage Description:Attached
-
Garage Spaces:2.0
-
Covered Spaces:None
-
Parking Total:4.0
-
Parking Features:Direct Entrance, Total Uncovered/Assigned Spaces
-
Open Parking Spaces:None
-
Attached Garage:false
-
Total Uncovered Assigned Spaces:2.0
Monthly cost estimate
Asking price
$719,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,854
|
Taxes | N/A |
Insurance | $197 |
HOA fees | $300 |
Utilities | $208 See report |
Total | $4,559/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/14/24
Jun 14, 2024
|
Relisted | DAMLS | $719,900 | 42.6% (23.7% / YR) |
8/29/22
Aug 29, 2022
|
DAMLS | $505,000 | ||
8/29/22
Aug 29, 2022
|
DAMLS | $505,000 | -2.9% |