




$895,000
Est. $5,012/mo84020 Colibri Court, Indio, CA 92203
About this home
**Turnkey Investment Opportunity in Sought-After Terra Lago!**Attention investors--this is the short-term rental opportunity you've been waiting for! This corner-lot home in the guard-gated Terra Lago community offers 4 bedrooms and 3 bathrooms with a layout designed for both privacy and flexibility. The primary bedroom is conveniently located on the first floor while guest quarters occupy the second floor--an ideal configuration for families and groups. Recent upgrades include fresh interior and exterior paint, new quartz countertops and a stylish kitchen island, new flooring, modern cabinets, stainless steel appliances, and updated fans and hardware throughout. The added benefit of paid solar keeps operating costs low and profits high.The backyard is where this property truly shines. Situated on a private pie-shaped lot, the outdoor space has been designed as an entertainment paradise featuring a brand-new pool and jacuzzi, a cozy fire pit, a built-in BBQ island, and a fun putt-putt golf course that guests of all ages will love. It's the perfect setting for summer gatherings and festival-goers looking for a memorable desert retreat.Terra Lago offers an unmatched lifestyle with 24-hour security, a championship 36-hole golf course, a stunning 20-acre recreational lake, and a 10,000-square-foot clubhouse complete with pools and a fitness center. Residents and guests also enjoy a playground and pet park, and the low HOA fees include cable and high-speed internet--a bonus that simplifies your rental operations.North Indio is one of the fastest-growing areas in Riverside County, and this location delivers convenience and adventure in equal measure. The home is near the only night golf course in the Coachella Valley, with easy access to hiking trails, nearby casinos, and major freeways. Guests will love being just minutes from the world-famous Coachella and Stagecoach festivals.This turnkey property is ready to welcome guests immediately. Don't miss your chance to own a proven performer in one of the desert's most desirable rental communities.
infoProperty Facts
Bedrooms
4
Bathrooms
3
Square Feet
2,338
Lot Size
7,841 sqft
Year Built
2007
Property Type
Single Family Residence
Days on Market
66
HOA Fee
$325/mo
Garage Total
2
MLS #
219139291DA
chairInterior Details
General Interior
Interior Features
Walk In Pantry
Fireplace
Gas, Living Room
Climate Control
Cooling
Central Air
Heating
Central
garageParking
Total Parking Spaces
8
Garage Spaces
2
Carport Spaces
2
Open Parking Spaces
2
Attached Garage
Yes
Parking Features
Attached Carport, Driveway
deckExterior & Lot
Building & Construction
Security
Gated Community, Twenty Four Hour Security
Lot & Grounds
Lot Features
Planned Unit Development, Sprinkler System
Pool Features
In Ground, Private
Spa Features
In Ground, Private
diversity_3Community & HOA
Association Info
HOA Amenities
Billiard Room, Clubhouse, Fitness Center, Lake Or Pond, Barbecue, Tennis Courts, Cable Tv
Community Features
Gated
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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