**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.
For sale
$885,000
84020 Colibri Ct, Indio, CA 92203
4beds
2,338sqft
Single Family Residence
Built in 2007
-- sqft lot
$-- Zestimate®
$379/sqft
$325/mo HOA
What's special
Brand-new pool and jacuzziPutt-putt golf courseModern cabinetsNew flooringCorner lot homeNew quartz countertopsStainless steel appliances
- 282 days
- 66
- 8
Zillow last checked:
Listing updated:
Listed by:
James D Suer,
LPT Realty
Source: Greater Palm Springs Realtors,MLS#: 219139291
Originating MLS: California Desert Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Dining Room, Dining Area, Living Room
Kitchen
- Features: Walk In Pantry
Heating
- Central
Cooling
- Air Conditioning, Central Air
Features
- Flooring: Other
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
- Furnished: Yes
Interior area
- Total structure area: 2,338
- Total interior livable area: 2,338 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached Carport, Driveway
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two,Ground
- Stories: 2
- Has private pool: Yes
- Pool features: In Ground, Private
- Has spa: Yes
- Spa features: In Ground, Private
- Has view: Yes
- View description: Desert, Pool, Peek-A-Boo
Details
- Parcel number: 696020006
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 2007
Utilities & green energy
- Sewer: In Street Paid
Community & HOA
Community
- Security: 24 Hour Security, Gated Community
- Subdivision: Terra Lago
HOA
- Amenities included: Barbecue, Tennis Court(s), Lake or Pond, Fitness Center, Clubhouse, Billiard Room
- Services included: Clubhouse, Cable TV
- HOA fee: $325 monthly
Location
- Region: Indio
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $170,647
- Date on market: 11/27/2025
- Listing terms: Conventional,1031 Exchange,Cash to New Loan,Cash
Estimated market value
Not available
Estimated sales range
Not available
$3,605/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Price change | $885,000-1.1%$379/sqft |
Source: | ||
| 11/27/2025 | Listed for sale | $895,000+11.9%$383/sqft |
Source: | ||
| 4/26/2022 | Sold | $800,000+28%$342/sqft |
Source: | ||
| 3/24/2022 | Pending sale | $624,900+280.9%$267/sqft |
Source: | ||
| 4/18/2013 | Sold | $164,050+3.8%$70/sqft |
Source: | ||
| 1/9/2013 | Listed for sale | $158,000$68/sqft |
Source: Shorewood REALTORS, Inc. #1300243 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | -- | $170,647 +1.5% |
| 2015 | $5,200 -9.7% | $168,085 +2% |
| 2014 | $5,756 | $164,794 +20.3% |
| 2013 | -- | $137,000 -12.2% |
| 2012 | -- | $156,000 -10.3% |
| 2011 | -- | $174,000 -3.3% |
| 2010 | -- | $180,000 -14.7% |
| 2009 | -- | $211,000 -3.4% |
| 2008 | -- | $218,388 +115.2% |
| 2007 | -- | $101,459 +2% |
| 2006 | -- | $99,470 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92203
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