84156 Azzura Way, Indio, California 92203, Indio, 92203 - 3 bed, 2 bath

84156 Azzura Way, Indio, California 92203 home-pic-0
ACTIVE$575,000
84156 Azzura Way, Indio, California 92203
3Beds
2Baths
1,737Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($514,150.555) is $60,849.445 (10%) lower than the list price ($575,000). This property may be overpriced.

Key pros and cons

Top Pros:
Short-Term Rental Potential: The community explicitly allows short-term rentals, making this property an attractive option for investors seeking vacation rental income or for buyers looking for a flexible vacation home.
Top Cons:
Price Discrepancy & History: The property has undergone multiple price reductions and is currently listed above its estimated market value, suggesting it may be overpriced or has struggled to attract buyers at previous price points.

Compared to the nearby listings

Price:$575.0K vs avg $570.5K (+$4,500)51%
Size:1,737 sqft vs avg 2,147 sqft24%
Price/sqft:$331 vs avg $27482%

More Insights

Built in 2010 (15 years old).
Condition: Built in 2010, this property is move-in ready and well-maintained. It features modern wood-look tile flooring throughout, stainless steel kitchen appliances, granite countertops, and updated ceiling fans. The pool has been recently upgraded. While the kitchen and bathroom cabinetry are a more traditional dark wood, they are in excellent condition and functional, aligning with a well-maintained home within its expected lifespan.
Year Built
2010
Close
-
List price
$575K
Original List price
$619K
Price/Sqft
$331
HOA
$300
Days on market
-
Sold On
-
MLS number
SB25045591
Home ConditionGood
Features
Pool
Patio
View-

About this home

Dream Pool home in Terra Lago with stunning 3-bedroom, 2-bathroom plus a den used as additional room, featuring a spacious open-plan living room and kitchen, new upgraded pool. SHORT TERM rentals allowed in this community, move in ready. Terra Lago amenities include community clubhouse, lake, gym, playground, BBQ area & community pool/spa for a very low HOA fee. Enjoy luxury living, invest in the rising Real Estate market, or just use it as stunning vacation home.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.1mi
4/10
Desert Ridge Academy
Public,6-84.9mi
5/10
Shadow Hills High School
Public,9-124.6mi
Condition Rating
Good

Built in 2010, this property is move-in ready and well-maintained. It features modern wood-look tile flooring throughout, stainless steel kitchen appliances, granite countertops, and updated ceiling fans. The pool has been recently upgraded. While the kitchen and bathroom cabinetry are a more traditional dark wood, they are in excellent condition and functional, aligning with a well-maintained home within its expected lifespan.
Pros & Cons

Pros

Short-Term Rental Potential: The community explicitly allows short-term rentals, making this property an attractive option for investors seeking vacation rental income or for buyers looking for a flexible vacation home.
Extensive Community Amenities: Residents benefit from a wide array of Terra Lago amenities including a clubhouse, lake access, gym, playground, BBQ area, and community pool/spa, enhancing lifestyle and rental appeal.
Private & Upgraded Pool: The home features a new, upgraded private pool, a highly desirable amenity in Indio's climate, offering immediate enjoyment and increasing property value.
Modern Construction & Move-in Ready: Built in 2010, the property offers a relatively modern structure with an open-plan living room and kitchen, and is described as 'move-in ready,' reducing immediate buyer expenses and effort.
Flexible Floor Plan: The inclusion of a den, usable as an additional room, provides versatility for an office, guest bedroom, or extra living space, catering to various buyer needs.

Cons

Price Discrepancy & History: The property has undergone multiple price reductions and is currently listed above its estimated market value, suggesting it may be overpriced or has struggled to attract buyers at previous price points.
Lack of Scenic Views: The property explicitly states 'view: None,' which can be a significant drawback in a competitive market where scenic views often command a premium and enhance desirability.
Recurring HOA Fees: Despite the amenities, the $300 monthly HOA fee represents a significant ongoing cost that some buyers might find high, potentially impacting affordability or perceived value.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state