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84320 Tramonto Way
Indio, CA 92203
Sold
Welcome to this extraordinary lakefront home in the highly sought-after 20-acre, 24/7 guard gated community of Terra Lago in City of Festivals, Indio. Featuring 4 beds, 2 baths, and 1,926 SF, this detached single family home has the largest lake frontage in the community, the best views of the canals, & breathtaking sunsets. This unbeatable and desirable lakefront location property is perfect for all buyers including secondary owners and especially for STR investors who want to rent or enjoy their home. This home is great for passive income as it generates over six-figures of annual rental income - a result of being in one of the very few friendly STR HOAs in the greater Palm Springs area. HOA permits unlimited short-term rentals. With year-round events including art festivals, world renowned Coachella & Stagecoach music festivals, & 5-star golf courses including the Golf Club at Terra Lago, this home benefits from the continual flow of tourism that drives short-term vacation rentals year-round. Inside the home, you’ll find open-concept living with floor to ceiling stone fireplace & 75” LED TV. Modern gourmet kitchen has quartz countertops and quartz waterfall feature. Backyard amenities include salt water pool, 14-person spa, putting green, 2 natural gas fire features, outdoor dining, BBQ, & outdoor shower. Home is allowed to have a boat & dock for the ultimate lakefront experience. Master bedroom has views of the lake and canals, and custom ensuite bath with lighted floating vanity, dual sinks, walk-in shower, & dual rain shower heads. 2 additional bedrooms & hall bath are on the opposite side of the home for privacy. 4th bedroom turned into a game room. Attached 2-car garage with a Level 2 EV charger. Home is a well-established, permitted STR since 2021 with raving 5-star ratings. Unique to this home is that this established STR Listing is transferable to next owner along with 5-star reviews & Superhost status for immediate revenue. Perfect home for 1031 Exchange. HOA amenities include clubhouse, fitness center, park, & Olympic sized community pool/spa. HOA fee includes high speed internet, cable TV, & trash. Lake can be used for boating, kayaking, & fishing. Close to casino night life, Polo Grounds, & La Quinta. Minutes away from Tennis Gardens as well as shopping & dining in La Quinta. 20 minutes away from downtown Palm Springs.
PROPERTY INFORMATION
| MLS # | OC23220316 | Lot Size | 7,405 Sq. Ft. |
| HOA Fees | $300/Monthly | Property Type | Single Family Residence |
| Price | $ 1,210,000
Price Per SqFt: $ 628 |
DOM | 292 Days |
| Address | 84320 Tramonto Way | Type | Residential |
| City | Indio | Sq.Ft. | 1,926 Sq. Ft. |
| Postal Code | 92203 | Garage | 2 |
| County | Riverside | Year Built | 2012 |
| Bed / Bath | 4 / 2 | Parking | 4 |
| Built In | 2012 | Status | Closed |
| Sold Date | 2024-02-23 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Free-Standing Range, Gas Range, Microwave, Water Heater |
| Kitchen Information | Kitchen Island, Quartz Counters |
| Kitchen Area | Breakfast Counter / Bar, Dining Room |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Suite, Walk-In Closet |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Tile |
| InteriorFeatures Information | Block Walls, Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting |
| EntryLocation | 1 |
| Entry Level | 1 |
| Has Spa | Yes |
| SpaDescription | Private, Heated, In Ground |
| WindowFeatures | Double Pane Windows |
| SecuritySafety | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Bathroom Information | Bathtub, Shower, Double Sinks in Primary Bath, Upgraded, Walk-in shower |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Has Pool | Yes |
| Pool | Private, Association, Heated, In Ground, Salt Water |
| Has Fence | Yes |
| Fencing | Block |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,291
- Home Insurance:$119
- HOA Fees:$300
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/23/2024 | Sold | $1,185,000 |
| 01/25/2024 | Pending | $1,210,000 |
| 12/03/2023 | Listed | $1,210,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Shaun Bayliss, All In Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
