84020 Colibri Ct , Indio, CA 92203
$885,000
Est. Payment: $4,453.18/mo
4 Bed
3 Bath
2338 Sqft
Status: active | Days on site: 231
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

**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.

Highlights

Listed by James Suer , (877) 366-2213 LPT Realty , (877) 366-2213. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.18

HOA Fee

325 Monthly

Year Built

2007

County

Riverside

Area

309 - Indio North of East Valley

Neighborhood

Terra Lago

School District

Desert Sands Unified

Listing ID

219139291DA

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Central Air
Fireplaces:Gas,Living Room
Other:Walk-In Pantry

Exterior Features

Lot:Planned Unit Development,Sprinkler System,No Land Lease
Garage Capacity:8
Parking Features:Attached Carport,Driveway
Principal Interest
$4,453
Taxes
$564
HOA
$325

Home Price

$885,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$177,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,453.18

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,453.18 $564.19 $325.00 $5,342.37
Yearly $53,438.16 $6,770.25 $3,900.00 $64,108.41
Total $1,603,144.83 $203,107.50 $117,000.00 $1,923,252.33

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Indio, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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