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84320 Tramonto Way, Indio, CA 92203
$1,185,000
84320 Tramonto Way, Indio, CA 92203View this property at 84320 Tramonto Way, Indio, CA 92203
84320 Tramonto WayIndioCA92203
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Property Description
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.
Full Property Details
Full Property Details for 84320 Tramonto Way
General
- Sold For: $1,185,000
- HOA FEE: $300/month
- Status: Closed
- Type: Single Family
- MLS ID: OC23220316
- Added to Site: 156 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Suite, Walk-In Closet
- Interior Features: Block Walls, Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Breakfast Counter/Bar, Dining Room
- Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave, Water Heater
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Individual Room
Additional Information
- Shared Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Golf Course, Biking Trails, Clubhouse, Billiard Room, Banquet Facilities, Recreation Room, Meeting Room, Pet Rules, Guard, Controlled Access
- Pool: Yes
- Pool Description: Private, Association, Heated, In-Ground, Salt Water
- Spa Description: Private, Heated, In-Ground
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Driveway Level, Garage, Garage Door Opener, Electric Vehicle Charging Station(s)
Location
- County: Riverside
- Driving Directions: From the 10 E, take exit 144 onto Golf Center Pkwy and turn left. Turn right on Avenue 44, turn left at the guard gated entrance of Terra Lago Community.
School Information
- School District: Desert Sands Unified
- Elementary School: JACKSO
- High School: SHAHIL
Community
- Community Features: Lake, Sidewalks, Street Lights
- Assoc. Name: Desert Resort Management
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Foundation: Slab
- Common Walls: No Common Walls
- Windows: Double-Pane Windows
- Disability Access: No Interior Steps
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,926
- Sq. Ft. Source: Assessor
- Year Built: 2012
- Year Built Source: Public Records
- Property Condition: Turnkey
Lot Features
- Property View: Bridge(s), Canal, Lake
- Lot Size (Acres): 0.17
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $615.26
- Association Fee: $300
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
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Schools
Schools serving 84320 Tramonto Way
School District:Desert Sands Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
82850 Kenner Ave, Indio, CA 92201 | K-5 | 1.4 mi | |
79767 Avenue 39, Indio, CA 92203 | 6-8 | 4.9 mi | |
39225 Jefferson St, Indio, CA 92203 | 9-12 | 4.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 84320 Tramonto Way
Date
Details
Price
Change
Source
2/23/2024
Sold
$1,185,000
-2.07%
MLS
12/03/2023
Listed
$1,210,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
84320 Tramonto Way, Indio, CA 92203 (MLS# OC23220316) is a Single Family property that was sold at $1,185,000 on February 23, 2024. This property was sold by Chris Walker from our Dana Point/San Clemente Office.Want to learn more about 84320 Tramonto Way? Do you have questions about finding other Single Family real estate for sale in Indio? You can browse all Indio real estate or contact a Coldwell Banker agent to request more information.