RealKey
‪(213) 433-7766‬

84340 Acqua Court, Indio, California 92203, Indio, 92203 - 4 bed, 2 bath

84340 Acqua Court, Indio, California 92203 home-pic-0
ACTIVE$799,999
84340 Acqua Court, Indio, California 92203
4Beds
2Baths
1,898Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($673,894.905) is $126,104.095 (15%) lower than the list price ($799,999). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: Currently operating as a successful Airbnb with excellent short-term rental income potential, a rare and valuable asset in a community that allows STRs.
Top Cons:
Significantly Overpriced: The listing price of $799,999 is approximately 11% higher than the estimated property value of $706,503, which may impact market competitiveness and buyer interest.

Compared to the nearby listings

Price:$800.0K vs avg $570.5K (+$229,499)87%
Size:1,898 sqft vs avg 2,147 sqft35%
Price/sqft:$421 vs avg $27497%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old and falls within the 'Good' category for its age. The home is move-in ready, well-maintained, and features recent significant upgrades including brand-new solar panels, an EV charger, and a new pool and spa. While the kitchen and bathrooms are clean and fully functional, their aesthetic (cabinetry, countertops, and some fixtures) reflects the original 2006 build and is not extensively renovated to current modern styles. The flooring is a durable tile throughout common areas, and bedrooms have laminate. Overall, major systems are functional and within expected lifespan, with minimal wear and tear, making it a solid 'Good' condition property.
Year Built
2006
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$421
HOA
$325
Days on market
-
Sold On
-
MLS number
219134512DA
Home ConditionGood
Features
Good View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Welcome to Terra Lago in Indio! This stunning 4-bedroom, 2-bathroom single-level home is currently operated as a successful Airbnb and offers excellent short-term rental income potential--a rare opportunity in a community that allows STRs.Step inside to find an open floor plan with soaring 10 ft. ceilings, creating a spacious and inviting atmosphere. The home is being offered unfurnished but can negotiate making it turnkey for investors or those seeking a ready-to-enjoy vacation retreat.Outdoors, enjoy a brand-new pool and spa, dual fire pit, and desert landscaping designed for minmal maintenance. Recent upgrades include brand-new solar panels and an EV charger in the garage.Located on a private cul-de-sac, this home provides both seclusion and easy access to the many resort-style amenities Terra Lago offers. The guard-gated community boasts a 20-acre lake. Residents also enjoy a clubhouse with billiards and ping pong, a library, fitness center, and a community pool and spa.Perfectly located for festivals and the total desert expierience. Don't miss your chance to own a premier short-term rental property in Terra Lago!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.4mi
4/10
Desert Ridge Academy
Public,•6-8•5.0mi
5/10
Shadow Hills High School
Public,•9-12•4.8mi
Condition Rating
Good
Built in 2006, this property is 18 years old and falls within the 'Good' category for its age. The home is move-in ready, well-maintained, and features recent significant upgrades including brand-new solar panels, an EV charger, and a new pool and spa. While the kitchen and bathrooms are clean and fully functional, their aesthetic (cabinetry, countertops, and some fixtures) reflects the original 2006 build and is not extensively renovated to current modern styles. The flooring is a durable tile throughout common areas, and bedrooms have laminate. Overall, major systems are functional and within expected lifespan, with minimal wear and tear, making it a solid 'Good' condition property.
Pros & Cons

Pros

Exceptional Income Potential: Currently operating as a successful Airbnb with excellent short-term rental income potential, a rare and valuable asset in a community that allows STRs.
Premium Community Amenities: Located within the guard-gated Terra Lago community, offering access to a 20-acre lake, clubhouse with billiards, ping pong, library, fitness center, and community pool/spa.
Modern Upgrades & Outdoor Oasis: Features a brand-new pool and spa, dual fire pit, low-maintenance desert landscaping, recently installed solar panels, and an EV charger in the garage.
Spacious & Well-Designed Interior: Boasts an open floor plan with soaring 10 ft. ceilings, creating a spacious and inviting atmosphere ideal for entertaining or relaxation.
Desirable Location & Views: Situated on a private cul-de-sac, providing seclusion, with attractive desert and mountain views, and conveniently located for festivals and the desert experience.

Cons

Significantly Overpriced: The listing price of $799,999 is approximately 11% higher than the estimated property value of $706,503, which may impact market competitiveness and buyer interest.
High Monthly HOA Fees: A monthly association fee of $325.00 adds a notable recurring cost to ownership, which could be a consideration for budget-conscious buyers.
Unfurnished Condition: The property is offered unfurnished, requiring additional investment and effort for buyers who prefer a turnkey solution, especially for a vacation rental.

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