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84066 Olona Court, Indio, CA 92203
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84066 Olona Court Indio, CA 92203

$800,000
  • 4 Beds
  • 2 Baths
  • 2,338 Sq.Ft.
For Sale
$800,000 Get Pre-Qualified
Map preview of 84066 Olona Court, Indio, CA 92203

Property Overview: 84066 Olona Court Indio, CA has 4 bedrooms, 2 bathrooms, 2,338 living square feet and 5,227 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This spectacular recently renovated estate is the envy of Terra Lago. Call me to find out why! This is your rare opportunity to own a designer-furnished home in the only guard-gated lake community in the Coachella Valley that permits short-term rentals with NO restrictions Step inside, and be captivated by this home's fresh interior and exterior paint, elegant newer flooring, custom shower, newly built saltwater pool and spa The floorplan maximizes space, creating an open and airy feel that exceeds expectations. This home is equipped with all the luxurious features expected in a top-tier short-term rental, generating over $25,000 in March and April! The minimal maintenance backyard, featuring a putting green, ensures you and your guests can relax and enjoy the space without constant upkeep. If you want to earn the title of ''Best Party Pad on the Planet'', this property is for you! Priced competitively in today's market, this home is a steal compared to similar properties in the area. It's perfect for savvy investors looking to capitalize on the growing Coachella Valley and benefit from the area's ongoing development.As a bonus, this property is an excellent 1031 tax exchange candidate, offering unlimited potential for passive income through short-term rentals. Beyond its investment potential, it's an ideal vacation retreat for personal use. Residents enjoy abundant amenities, including walking areas, park, clubhouse, fitness centers, and pools.

Listed by Alejandro Perez-Munoz | BRE #01451501 | I Heart Real Estate, Inc.
Last checked: 3 minutes ago | Last updated: June 28th, 2024 | Source CRMLS | DOM: 1
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Home details

Lot Sq. Ft
5,227
HOA Dues
$300/mo
Year built
2008
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
219113316PS
City
Indio
County
Riverside
Time on Site
5 days

Open Houses for 84066 Olona Court

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Property Details for 84066 Olona Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • Has Fireplace
  • Gas, Family Room, Living Room
Room Information
  • Flooring: Carpet, Vinyl
  • Family Room
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 1
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
  • Security Features: 24 Hour Security, Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: Heated, Private, Gunite, In Ground
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: In Ground, Pebble, Community, Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Sprinklers Drip System, Planned Unit Development
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s)
  • Parcel Number: 696020062
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $300 (Monthly)
  • Association Amenities: Clubhouse, Sauna, Recreation Room, Playground, Management, Maintenance Grounds, Lake or Pond, Gym/Ex Room, Clubhouse Paid, Security, Cable TV
Assessment Information
  • Has Assessments
  • Assessments: CFD/Mello-Roos
Location / Neighborhood
Location Information
  • Subdivision Name: Terra Lago
  • Directions: Siri Cross Street: Golf Center Parkway.
View more facts & features

Local Indio Agent

Sale History for 84066 Olona Court

Last sold for $765,000 on January 25th, 2023

  • June, 2024

  • Jun 28, 2024

    Date

    Active

    CRMLS: 219113316PS

    $775,000

    Price

  • June, 2024

  • Jun 4, 2024

    Date

    Canceled

    CRMLS: 219107775DA

    $846,800

    Price

  • Mar 1, 2024

    Date

    Active

    CRMLS: 219107775DA

    $879,000

    Price

  • Listing provided courtesy of CRMLS

    'Back on market, no fault of the seller. After multiple offers, one buyer's loss is your gain!' Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning designer furnished 4-be8droom, 2 and half 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 newer pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. This home comes with all the bells and whistles that you would expect in a premium and successful short term rental. This home grossed $10,000 for the month of March and gross over $15,000 of income for April! With a putting green and minimal maintenance backyard , this home will take your breath away. As a bonus, this property is priced to sell in todays market, 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.

  • January, 2023

  • Jan 25, 2023

    Date

    Sold

    CRMLS: SR22243808

    $765,000

    Price

  • Dec 7, 2022

    Date

    Active

    CRMLS: SR22243808

    $785,000

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW HEATED POOL AND SPA JUST COMPLETED! INVESTORS: SHORT TERM RENTALS ARE ALLOWED IN THIS COMMUNITY FOR EXCELLENT RENTAL INCOME. AIRBNB READY! This gorgeous, updated and fully FURNISHED home located in the highly desirable gated community of Terra Lago offers desert living at its finest. The two-story home features 4 bedrooms and 3 baths. Main floor primary bedroom Suite with a full bathroom, double sinks and walk-in closet. Three secondary bedrooms located on the upper-level w/full bath adjacent. Bright and inviting floor plan. Formal entry and separate living room. Open concept kitchen-family room. The remodeled kitchen includes a huge kitchen island, walk-in pantry and stainless-steel appliances and lots of cabinets. Nest Smart thermostat. Front door with Yale Smart lock for convenient key-free access to your home. Family room with fireplace opens out to the private backyard. Brand new saltwater pool and spa includes the following: StoneScapes mini pebble pool/spa finish, Variable Speed Pump motor by Pentair, Master Temp High Performance Heater by Pentair. EasyTouch 4 pool/spa automation with built-in IntelliChlor salt system. ScreenLogic II for smart phone controls. IntelliBrite color changing LED pool & spa lights with niche. Newly landscaped front and backyard. Laundry room includes washer and dryer. Two car attached garage. Walk to Clubhouse, fitness center and billiard room with views of the stunning lake, community pool, park with playground, dog park and Terra Lago's Golf Club where you pay as you go. Minutes away from shopping, restaurants, Casinos, and Festivals. Welcome home.

  • January, 2022

  • Jan 19, 2022

    Date

    Pending

    CRMLS: 219072562DA

    $615,000

    Price

  • Listing provided courtesy of CRMLS

    Priced Below Market for Immediate Sale. A Terrific Primary Residence, Outstanding Vacation Home and a Long & Short Term Rental Gem . YES, You Read that Correctly, NO RENT RESTRICTIONS. Highly upgraded , Open Concept, Schedule Your Private Tour Today !

  • January, 2022

  • Jan 16, 2022

    Date

    Canceled

    CRMLS: 219068010DA

    $639,000

    Price

  • Sep 24, 2021

    Date

    Active

    CRMLS: 219068010DA

    $339,000

    Price

  • Listing provided courtesy of CRMLS

    Looking For a Property with Endless Opportunities? This Terra Lago Home is it! A Terrific Primary Residence, Outstanding Vacation Home and a Long & Short Term Rental Gem . This is One of the Few Homes that is Allowed to Conduct Short Term Rentals in the Area . Highly upgraded , Open Concept, Schedule Your Private Tour Today !

  • June, 2020

  • Jun 30, 2020

    Date

    Sold

    CRMLS: 219043648DA

    $335,000

    Price

  • Jun 24, 2020

    Date

    Pending

    CRMLS: 219043648DA

    $339,000

    Price

  • May 30, 2020

    Date

    Active Under Contract

    CRMLS: 219043648DA

    $339,000

    Price

  • May 29, 2020

    Date

    Active

    CRMLS: 219043648DA

    $339,000

    Price

  • Listing provided courtesy of CRMLS

    Newly Renovated property for an outstanding value in desirable Terra Lago community! 4 BR, 2.5 BA with 2,338 SQFT. NEW wood-like floors, NEW Carpet, NEW Paint and NEW door hardware throughout...Gourmet Kitchen features Granite Slab countertops and all NEW Stainless Steel appliances! Open Family room with stately fireplace and direct access to backyard. Master bedroom downstairs with sizable walk-in closet. Guard gated community with low HOA's. Take advantage of the community amenities; public golf courses, clubhouse, fitness center and community Pool! Now this is vacation living!

  • June, 2020

  • Jun 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $335,000

    Price

  • May, 2020

  • May 29, 2020

    Date

    Canceled

    CRMLS: 219042822DA

    $339,000

    Price

  • May 12, 2020

    Date

    Active

    CRMLS: 219042822DA

    $339,000

    Price

  • Listing provided courtesy of CRMLS

    Newly Renovated property for an outstanding value in desirable Terra Lago community! 4 BR, 2.5 BA with 2,338 SQFT. NEW wood-like floors, NEW Carpet, NEW Paint and NEW door hardware throughout...Gourmet Kitchen features Granite Slab countertops and all NEW Stainless Steel appliances! Open Family room with stately fireplace and direct access to backyard. Master bedroom downstairs with sizable walk-in closet. Guard gated community with low HOA's. Take advantage of the community amenities; public golf courses, clubhouse, fitness center and community Pool! Now this is vacation living!

  • January, 2012

  • Jan 30, 2012

    Date

    Sold (Public Records)

    Public Records

    $124,000

    Price

Show More

Tax History for 84066 Olona Court

Assessed Value (2020): $188,344
Year Land Value Improved Value Assessed Value
2020 $56,271 $132,073 $188,344

Home Value Compared to the Market

This property vs the competition

84066 Olona Court is listed 34.45% higher than the median list price for the city of Indio which has a median list price of $595,000. The median price per/sqft for Indio is $304 and this home is listed at $342.17 per/sqft which puts the price per square foot 12.56% higher than the median price per square foot for the city of Indio.

About 84066 Olona Court

Detailed summary of property

84066 Olona Court is a single family home located in Indio, CA 92203 and is currently for sale. This house offers 4 bedrooms, 2 bathrooms, roughly 2,338 living square feet, and sits on an approximately 5,227 square foot lot. 84066 Olona Court was first listed on ArdentRealEstateGroup.com on June 23, 2024. The homeowner is currently asking $800,000 and was originally asking $775,000. The median priced home in Indio is $595,000 with a median price per square foot of $304. Based on Ardent Real Estate Group's Indio Market Data, this home is listed 34.45% higher than the median priced home. Local competing homes currently for sale include 9220 Village Way, 2483 Satsuma and 20107 Curaco Court. This home does have a Homeowners Association and the monthly fee is $300 per month. While the average home in Indio, CA is selling in 80 days, 84066 Olona Court has a days on market of 1 days. There are currently 467 homes for sale in the Indio real estate market and 440 of them are single family homes while 26 of them are condos and 1 are townhomes. For more information on this home for sale at 84066 Olona Court Indio, CA 92203 contact Ardent Real Estate Group and we will put you in touch with one of our Indio agents.

Public Facts for 84066 Olona Court

Public county record property details
Beds
4
Baths
2
Year built
2007
Sq. Ft.
2,338
Lot Size
5,227
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
--
APN
696-020-062

The source for these homes facts are from public records.

92203 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$297
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$267
Total Inventory
266
Median Sale to List Price %
95.04%
Avg Days on Market
57
Loan Type
Conventional (45.83%), FHA (12.5%), VA (0%), Cash (25%), Other (10.42%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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