84125 Tramonto Way
Indio, CA 92203
- 4 beds
- 2 baths
- 1,737 sqft
- $431 per sqft
- 2011 build
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away. As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development. In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat. Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities. This is the time to invest in the thriving Coachella Valley, and this home provides an unrivaled opportunity to do so.
Listing courtesy of DAMLS / HomeSmart
Last checked:
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Last updated Mar 7, 2024
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MLS# 219107594 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$749,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,015
|
Taxes | N/A |
Insurance | $206 |
Utilities | $208 See report |
Total | $4,429/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/27/24
Feb 27, 2024
|
Listed / Active | DAMLS | $749,900 | 48.5% (32.4% / YR) |
12/6/23
Dec 6, 2023
|
Price Changed | DAMLS | ||
7/17/23
Jul 17, 2023
|
Relisted | DAMLS |