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For sale
  • Listing Provided by: 

    David Colin DRE #01710306 760-702-4908,

    HomeSmart

    $998,900

    84290 Tramonto Way, Indio, CA 92203

    4beds
    1,926sqft
    : 
    Single Family Residence
    Built in 2010
    6,970 Square Feet Lot
    $-- Zestimate®
    $519/sqft
    $300/mo HOA

    What's special

    **Stunning Serene Lake Home - Unbeatable Value in Terra Lago!****Price:** $160,000 BELOW its nearest competitor!Welcome to your dream escape in the prestigious Terra Lago community! Nestled on the highly sought-after side of the lake, this enchanting 4-bedroom, 3-full-bath home boasts unparalleled comfort and stunning natural beauty, all at a price that's significantly lower than comparable properties on the market. With a generous lot size and detached structure, you'll enjoy the privacy and spaciousness that the other side of the lake simply can't offer.**Property Highlights:**- **4 Bedrooms & 3 Full Baths:** Perfect for family gatherings or entertaining friends, this home comes fully furnished, allowing you to move right in with ease.- **Impressive Outdoor Oasis:** Step outside to your private paradise featuring a large pool and spa, expansive covered patio, and breathtaking views of the lake, mountains, and the picturesque European-style bridge. Ideal for summer barbecues and sunset soirees!- **Investment Potential:** Comparable short-term rentals in the area have generated up to $140,000 in annual gross income, making this property not only a beautiful retreat but also a lucrative investment opportunity. This home is ready to start generating passive income immediately!- **Community Amenities:** Enjoy the added peace of mind from 24-hour guard-gated security, alongside access to a beautiful lake, lush green belts, parks, sidewalks, playgrounds, and a clubhouse featuring a fitness center - perfect for an active lifestyle.*Prime Location:** Located in the vibrant city of Indio, known as the 'City of Festivals,' you'll be just minutes away from legendary events like Coachella and Stagecoach. Additionally, exciting developments like futuristic wave parks are on the horizon, positioning this area for explosive growth in the coming years.This lake home presents a rare opportunity to secure a premier investment in a community rich with amenities and potential. Whether you're seeking a vacation retreat, a smart addition to your real estate portfolio, or a strategic 1031 tax exchange purchase, this property is a must-see! On average short-term rentals generate a much higher return on your investment than long-term rentals and you can also enjoy it yourself or the family!*Don't miss your chance - properties like this at such an attractive price piqued for high returns are hard to come by! Contact us today for your private showing!
    44 days
    on Zillow
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    217
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    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2025 at 10:20pm

    Listing Provided by:

    David Colin DRE #01710306 760-702-4908,

    HomeSmart

    Source: CRMLS,MLS#: 219126729DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 84290 Tramonto Way.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Family Room
    Kitchen
    • Features: Granite Counters
    Heating
    • Central, Natural Gas
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Range, Microwave, Water Line to Refrigerator, Refrigerator, Dishwasher
    Features
    • Flooring: Tile, Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,926 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: In Ground, Pebble, Private
    • Spa features: Private, In Ground
    • Fencing: Block,Fenced
    • Has view: Yes
    • View description: Canal, Mountain(s), Lake
    • Has water view: Yes
    • Water view: Canal,Lake
    Lot
    • Size: 6,970 Square Feet
    • Features: Sprinkler System
    Details
    • Parcel number: 696040005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2010

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: 24 Hour Security, Gated Community, Card/Code Access
    • Subdivision: Terra Lago
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Recreation Room, Playground, Management, Lake or Pond, Fitness Center, Clubhouse, Clubhouse Paid, Security, Cable TV
    • HOA fee: $300 monthly
    Location
    • Region: Indio

    Financial & listing details

    • Price per square foot: $519/sqft
    • Tax assessed value: $318,745
    • Date on market: 3/18/2025
    • Inclusions: All furnishings, electronics and accessories.
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