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For sale
    • Listed by: ELEVATE REAL ESTATE AGENCY • SARAH OSWALD • Contact: 951-707-9919
    Price cut: $49K (5/12)
    $999,989

    84516 Miliare Ct, Indio, CA 92203

    4beds
    2,416sqft
    : 
    $6,971/mo
    Get pre-qualified
    Single Family Residence
    Built in 2022
    3,920 Square Feet Lot
    $977,100 Zestimate®
    $414/sqft
    $325/mo HOA

    What's special

    Lakefront luxury meets resort-style living in this stunning 4-bedroom, 4-bathroom home nestled inside the gated community of Terra Lago. Built in 2022, this beautifully upgraded property sits directly on the water with breathtaking lake and mountain views that greet you the moment you walk through the door. The open-concept main level is flooded with natural light, anchored by a designer kitchen featuring quartz countertops, a center island, and stainless steel appliances — all flowing seamlessly to your private outdoor oasis. Step outside to a resort-caliber infinity-edge pool and spa with solar heating, lush landscaping, and panoramic waterfront views that make every evening feel like a five-star getaway. Upstairs, the primary suite opens to a covered balcony overlooking the lake — the kind of view that closes deals before buyers reach the second bedroom. Three additional bedrooms provide generous space for family, guests, or the extended winter visitors this property is perfectly suited for. Canadians and East Coasters escaping the cold flock to the Coachella Valley each season, and a lakefront home of this caliber commands premium long-term rental rates throughout the winter months. For those drawn to the slopes, Big Bear is a 90-minute drive — making this an ideal warm-weather home base for the snowboard-and-sun crowd. Sold fully furnished and turnkey ready, this property is a rare opportunity to own a waterfront short-term rental in one of Southern California's most in-demand vacation markets. Minutes from Coachella and Stagecoach festival grounds, world-class golf, and fine dining — with a 24-hour guard gate, community clubhouse, fitness center, and pool included in the HOA. Properties like this don't stay available. Schedule your private showing today.
    120 days
    |
    173
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    SARAH OSWALD DRE #01230211 951-707-9919,

    ELEVATE REAL ESTATE AGENCY

    Source: CRMLS,MLS#: IV26069465MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Laundry, Living Room, Other
      Kitchen
      • Features: Kitchen Island, Self-closing Drawers
      Other
      • Features: Walk-In Closet(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater, Microwave, Water Heater, Dryer, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Balcony, Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 2,416 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: front
      • Has private pool: Yes
      • Pool features: Gas Heat, Heated, Infinity, Private, Solar Heat, Association
      • Has view: Yes
      • View description: City Lights, Desert, Lake, Mountain(s), Panoramic, Pool
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 696090002
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: HVAC, Appliances, Water Heater
      • Energy generation: Solar
      • Water conservation: Low-Flow Fixtures, Water-Smart Landscaping

      Community & HOA

      Community
      • Features: Lake, Park, Street Lights, Suburban, Sidewalks
      • Subdivision: Terra Lago (30924)
      HOA
      • Has HOA: Yes
      • Amenities included: Billiard Room, Clubhouse, Fitness Center, Outdoor Cooking Area, Playground, Pool, Spa/Hot Tub
      • HOA fee: $325 monthly
      • HOA name: Terra Lago Community
      • HOA phone: 760-775-3165
      Location
      • Region: Indio

      Financial & listing details

      • Price per square foot: $414/sqft
      • Tax assessed value: $741,273
      • Annual tax amount: $12,803
      • Date on market: 3/31/2026
      • Cumulative days on market: 120 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae
      • Inclusions: All furnitures and appliances

        Estimated market value

        $977,100

        $928,000 - $1.03M

        $4,249/mo

        Price history

        DateEventPrice
        5/12/2026Price change$999,989-4.7%$414/sqft
        Source: CRMLS #IV26069465 Report a problem
        5/4/2026Price change$1,049,000-4.2%$434/sqft
        Source: CRMLS #IV26069465 Report a problem
        4/1/2026Listed for sale$1,095,000+53.7%$453/sqft
        Source: CRMLS #IV26069465 Report a problem
        3/10/2023Sold$712,500$295/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,803 +0.7%$741,273 +2%
        2024$12,714 +41.9%$726,739 +68.8%
        2023$8,958 +573.1%$430,437 +302.3%
        2022$1,331 +100.4%$106,998 +103.6%
        2021$664 +1.9%$52,558 +1%
        2020$652 $52,020 +2%
        2019-- $51,000 +2%
        2018$627 $50,000 +36.6%
        2017-- $36,611
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92203

        Getting around

        3 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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