84311 Canzone Drive, Indio, CA 92203

New Listing
$899,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,898 Status: Active
Current Price: $899,000 List Date: 12/23/2025 Last Modified: 12/23/2025

Description

Rare opportunity to acquire one—or all four—high-performing lakefront short-term rental properties in the gated community of Terra Lago. Formerly part of an exclusive investment portfolio, these income-producing villas are now available for individual or bulk purchase, offering immediate cash flow and portfolio-level upside in one of the Coachella Valley's most reliable STR markets. This single-story 4-bedroom, 3-bath residence spanning approximately 1,898 sq. ft. is purpose-built for short-term rental performance, featuring a layout that consistently attracts larger groups and repeat guests. A rare backyard gate connection between neighboring villas creates a compound-style setup—ideal for multi-home bookings, festivals, and event-driven demand. The lakefront setting with private dock, unobstructed water and mountain views, private pool and spa, and covered patio drive premium nightly rates and year-round guest appeal. These features position the property at the top tier of Terra Lago's rental inventory. Located minutes from Coachella and Stagecoach, Indian Wells Tennis Garden, El Paseo, and world-class golf, the home benefits from diversified, year-round rental demand, supporting strong occupancy and reduced seasonality risk. Whether acquiring a single turnkey STR or expanding with a four-property lakefront portfolio, this is a rare chance to secure scalable, income-producing assets in an investor-friendly community. Sold furnished per inventory list.

More Information MLS# 219140319

Listing, Location and Property Info

Entry Date: 2025-12-23 Land Type: Fee

General Property Information

Fireplace: Yes Building # of Stories: 1 Total Fireplaces: 1 Pool: Yes Garage: Yes Garage Description: Attached Sprinklers: No Furnished: Furnished Total Bedrooms: 4 Full Baths: 3 Approx SqFt: 1898 Total Baths: 3 SqFt Source: Assessor Lot Size: 6098 Lot Size Source: Assessor Year Built: 2006 Cross Streets: Lago Vista

Listing Info

Short Term Rentals: Yes Will Consider Lease: No Exclusions of Sale: All video games

Tax Info

Tax Mello Roos: Yes

Property Info

View: Yes Golf Course Within Development: No Senior Community: No Gated Community: Yes PUD Y/N: Yes Total Monthly Association Fees: 325

Sale Type

Standard: 1

Listing Terms

Cash: 1 Conventional: 1 Other: 1

Parking Spaces/Information

Total Covered Spaces: 0 Total Uncovered/Assigned Spaces: 0

View Type

Lake: 1 Mountain(s): 1 Pool: 1

Disclosures

CC & R: 1 Homeowners Association: 1

Levels

Ground: 1 One: 1

Kitchen Features

Island: 1

Eating Areas

Dining Area: 1

Flooring

Tile: 1

Cooling Type

Central Air: 1

Pool Location

Private: 1

Pool Construction

In Ground: 1

Pool Description

In Ground: 1

Spa/Hot Tub Construction

In Ground: 1

Spa/Hot Tub Description

Private: 1

Heating

Central: 1

Fireplace Location

Living Room: 1

Fireplace Features

Gas & Wood: 1

Rooms

Living Room: 1

Security Safety

24 Hour Security: 1 Gated Community: 1

Sewer

In, Connected and Paid: 1

Parking

Driveway: 1

HOA Information

HOA: Yes HOA Fee 1: 325

Association Amenities

Banquet Facilities: 1 Barbecue: 1 Billiard Room: 1 Controlled Access: 1 Meeting Room: 1

Association 1 Frequency

Monthly: 1

Land Lease Type

Fee Simple: 1

Listing Location and Property Info

APN: 696040042 Status: Active Listing Date: 2025-12-23 Original List Price: 899000 List Price: $899,000 Current Price: $899,000 Property Sub-Type: Single Family Residence Street #: 84311 Street Name: Canzone Street Suffix: Drive County: Riverside State: CA Zip Code: 92203 Area: 309 - Indio North of I-10 Subdivision: Terra Lago Country: US

Status Change Info

Status Change Date: 2025-12-23

Parking SpacesInformation

Total Garage Spaces: 2 Total Parking Spaces: 2

Property Features

Sale Type: Standard Listing Terms: Cash; Conventional; Other View Type: Lake; Mountain(s); Pool Disclosures: CC & R; Homeowners Association Levels: Ground; One Kitchen Features: Island Eating Areas: Dining Area Flooring: Tile Cooling Type: Central Air Pool Location: Private Pool Construction: In Ground Pool Description: In Ground Heating: Central Fireplace Location: Living Room Fireplace Features: Gas & Wood Rooms: Living Room Security Safety: 24 Hour Security; Gated Community Sewer: In, Connected and Paid Parking: Driveway Association 1 Frequency: Monthly Association Amenities: Banquet Facilities; Barbecue; Billiard Room; Controlled Access; Meeting Room Land Lease Type: Fee Simple
Listing Office: BPO Homes
Listing Agent: Angela Maciel-Gibbons
Last Updated: December - 23 - 2025
Information deemed reliable but not guaranteed.