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43092 Armonia Court, Indio, California 92203, Indio, 92203 - 4 bed, 4 bath

43092 Armonia Court, Indio, California 92203 home-pic-0
ACTIVE$929,999
43092 Armonia Court, Indio, California 92203
4Beds
4Baths
2,416Sqft
3,484Lot

Price Vs. Estimate

The estimated value ($929,999) is $0 (0%) lower than the list price ($929,999). This property may be overpriced.

Key pros and cons

Top Pros:
Lakefront Location & Views: The property boasts a prime lakefront position within the community, offering desirable views directly from the home, including a private covered balcony off the owner's suite.
Top Cons:
High Monthly Association Fees: The property incurs a significant monthly association fee of $325, which adds to the ongoing cost of ownership.

Compared to the nearby listings

Price:$930.0K vs avg $570.5K (+$359,499)91%
Size:2,416 sqft vs avg 2,160.5 sqft67%
Price/sqft:$385 vs avg $27493%

More Insights

Built in 2022 (3 years old).
Condition: This property was built brand new in 2022, making it only two years old. The description explicitly states it's a 'modern lakefront home' with a 'stylish kitchen.' The images confirm a pristine condition throughout, featuring a contemporary kitchen with white shaker cabinets, light countertops, stainless steel appliances, and modern pendant lighting. The flooring is a mix of new tile and clean carpet. All fixtures, systems, and finishes are virtually new, meeting current quality standards with no signs of wear or deferred maintenance. The overall aesthetic is fresh and move-in ready, aligning perfectly with the 'excellent' criteria.
Year Built
2022
Close
-
List price
$930K
Original List price
$930K
Price/Sqft
$385
HOA
$325
Days on market
-
Sold On
-
MLS number
GD25225522
Home ConditionExcellent
Features
Excellent View: Lake
Deck
Pool
Spa
Patio
ViewLake

About this home

LAKEFRONT VACATION + INVESTMENT OPPORTUNITY! First showings at open house on October 4th, see showing instructions for more information. Welcome to your dream getaway at Terra Lago, one of Indio’s most sought-after gated communities! Built brand new in 2022 by Lennar, this modern lakefront home is the perfect blend of luxury, relaxation, and income potential. Step inside to a bright, open-concept floorplan with a spacious living room, stylish kitchen, and dining area designed for entertaining. The first level also features a convenient guest bedroom, while upstairs you’ll find a versatile loft, three more bedrooms, and a luxe owner’s suite with a private covered balcony overlooking the lake. Whether you’re looking for a personal vacation escape or a high-demand rental, this property delivers. The home is already professionally managed for short-term rentals, making it an easy turnkey investment. Located just minutes from Coachella Festival grounds, Palm Springs, and Joshua Tree, this is the ultimate desert retreat for you and your guests. Terra Lago offers resort-style amenities, a guard-gated entrance, golf nearby, and a one-of-a-kind lakefront lifestyle you won’t find anywhere else. Make this your vacation home AND income property—there’s nothing else like it in Terra Lago!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.4mi
4/10
Desert Ridge Academy
Public,•6-8•5.3mi
5/10
Shadow Hills High School
Public,•9-12•5.0mi
Condition Rating
Excellent
This property was built brand new in 2022, making it only two years old. The description explicitly states it's a 'modern lakefront home' with a 'stylish kitchen.' The images confirm a pristine condition throughout, featuring a contemporary kitchen with white shaker cabinets, light countertops, stainless steel appliances, and modern pendant lighting. The flooring is a mix of new tile and clean carpet. All fixtures, systems, and finishes are virtually new, meeting current quality standards with no signs of wear or deferred maintenance. The overall aesthetic is fresh and move-in ready, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Lakefront Location & Views: The property boasts a prime lakefront position within the community, offering desirable views directly from the home, including a private covered balcony off the owner's suite.
Turnkey Investment Opportunity: Marketed as a vacation and investment property, it is already professionally managed for short-term rentals, providing an easy, ready-to-go income stream.
New Construction & Modern Design: Built brand new in 2022 by Lennar, the home features a modern aesthetic with a bright, open-concept floorplan, stylish kitchen, and spacious living areas.
Resort-Style Gated Community: Located in Terra Lago, a sought-after guard-gated community offering resort-style amenities and nearby golf, enhancing lifestyle and rental appeal.
Prime Tourist Proximity: Strategically located minutes from major attractions like the Coachella Festival grounds, Palm Springs, and Joshua Tree, ensuring high demand for vacation rentals.

Cons

High Monthly Association Fees: The property incurs a significant monthly association fee of $325, which adds to the ongoing cost of ownership.
Limited Private Outdoor Space: With a lot size of 3,484 sqft, the property offers relatively limited private outdoor space compared to many single-family residences, potentially restricting yard amenities.
Primary Residence Suitability: While excellent for investment/vacation, its strong emphasis on short-term rentals and resort community living might make it less appealing to buyers seeking a traditional, quiet primary residence.

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