84020 Colibri Ct, Indio, CA, 92203
About This Home
**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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Walk-In Pantry
- Fireplace features: Gas,Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,338 sqft
Pantry
- Features: Walk-In Pantry
Property
Details
- Parcel number: 696020006
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground,Private
- Spa features: In Ground,Private
- Has view: Yes
- View description: Desert,Peek-A-Boo,Pool
Lot
- Lot size: 7,841 sqft
- Features: Planned Unit Development,Sprinkler System
Parking
- Total spaces: 8
- Parking features: Attached Carport,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 4
- Uncovered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Riverside County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,475 | $53,700 |
| Home Insurance * | $259 | $3,108 |
| Property Taxes | $599 | $7,188 |
| Electricity | $501 | $6,016 |
| Total | $5,834 | $70,008 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $885,000 |
| 2025-11-27 | Listed for sale | $895,000 |
| 2022-04-26 | Sold | $800,000 |
| 2022-03-23 | Pending sale | $624,900 |
| 2013-04-18 | Sold | $164,050 |
| 2013-01-09 | Listed for sale | $158,000 |
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