tomo logo

$925,000

Beds
4
Baths
2.5
sq ft
2,338

84020 Colibri Ct, Indio, CA 92203

84020 Colibri Ct

Indio, CA 92203

  • 32 days on market
Investors!!!Short Term Rental approved. This corner-lot Terra Lago home is an ideal opportunity for your next Airbnb investment. Featuring a newly added pool and jacuzzi, fire pit, BBQ island, and putt-putt golf course, this entertainer's dream backyard is perfect for guests of all ages. With 4 bedrooms, 3 bathrooms, and paid solar, this two-story home has been thoughtfully updated with fresh paint inside and out, new quartz countertops and island, new flooring, modern cabinets, stainless steel appliances, and updated fans and hardware. The first-floor primary bedroom and second-floor guest quarters provide privacy and flexibility. Situated on a private pie-shaped lot, this home is ideal for summer parties and conveniently located for festival-goers. Terra Lago is a popular short-term rental community and offers 24-hour security, a 36-hole championship golf course, a 20-acre recreational lake, a 10,000-square-foot clubhouse with pools and a fitness center, a playground, and a pet park. The low HOA includes cable and high-speed internet. This turnkey property is ready to welcome your Airbnb guests.

Details

Property type

Single Family Residence

Est. home value

$886,873

Lot size

7,841 sq ft

Price per sq ft

$396

Year built

2007

Monthly HOA fee

$300

Price History

01/31/2025
CRMLS

CRMLS #OC25022576

Listed
$925,000
+8.84%
11/07/2024
CRMLS

CRMLS #OC24006038

Removed
$849,900
05/05/2024
CRMLS

CRMLS #OC24006038

Price change
$849,900
-2.87%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf, Lake, Park

High school district: 

Desert Sands Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$284,695
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$566,305
Cash to seller
$284,695

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Clearedge Lending Llc

Loan start date

April 2022

Original loan amount

$600,000

Est. remaining balance

$566,305

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Lucy Lee Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/04/2025 at 8:25 PM

Listing updated: 02/01/2025 at 7:25 AM

Listed by: Robert Brandon, Keller Williams Realty Irvine Phone #: (949) 861-8000

MLS: CRMLS #OC25022576

CRMLS logo

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