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84046 Olona Court, Indio, CA 92203

$515K4bd · 3ba · 2,369 sqft
Lot 5,227 sqftHOA $300/moSingle Family Residence
Active
16d on marketMLS# 219150091

Property Description

The seller is currently in a multiple offer scenario and requesting Buyer's submit their Best and Final Offer. To participate the Buyer's must submit their highest and best offer by 11 PM, 7/17/2026, Welcome to Terra Lago, where vibrant living meets comfort. This updated two-story home features four bedrooms and two and a half baths, perfectly suited for your family's needs. The open-concept layout is enhanced by elegant luxury vinyl flooring that flows seamlessly throughout the first floor. Enjoy the spacious great room, a stylish modern kitchen, a generous dining area, and a convenient butler's pantry, along with an included washer and dryer. All four bedrooms are located on the upper level. Step outside to discover a charming backyard complete with a pool and spa, both of which are in need of some tender loving care (the pool is currently empty). The home also features a two-car garage with direct access. Terra Lago offers a picturesque lake, scenic walking trails, a welcoming clubhouse, a well-equipped fitness center, and a game room. USE THE FOLLOWING LINK TO SUBMIT Offer: http://www.spsreo.com/?c=DSR1

Features & Amenities

Terra LagoFeeBuilt 2007

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Air Conditioning, Central Air
Flooring
Carpet, Laminate
City
Indio
Zip Code
92203
County
Riverside
Listed byRosenthal & Associates, Candice Johnston·760-567-4101

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,604.12
Principal & Interest
Loan Amount
$412,000
Total Interest
$525,483
Total Payment Over 30 Years
$937,483
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Terra Lago

This property is located in Terra Lago, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.

View Terra Lago Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

84046 Olona Court, Indio, CA 92203

Terra Lago · Indio · Single Family Residence

$515K
Residential Tier
Beds
4
Baths
3
Sqft
2,369
Lot
5,227 sqft
Year
2007
$/Sqft
$217
Pool: Yes
Spa: Yes
Garage: 2-car

Listed 14.0% below the median closed sale of $599,000. Price per sqft ($217) is a 19% discount to closed comps ($267). Expect a longer timeline — comps averaged 127 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $515K· $217/sqft
Total list price
Closed comps
vs closed median $599K
$84K (14.0%)
Active comps
vs active median $850K
$335K (39.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $367
$150 (40.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
84066 Olona CourtIndio2007432,3385,227$470$1.10M3892
42680 Incantata PlaceIndio2009532,3385,227$282$659,0006790
42771 Del Lago CourtIndio2006432,2346,534$380$850,0008189
42871 Incantata PlaceIndio2009431,9204,792$273$525,0001688
84108 Caviano DriveIndio2023432,5535,780$430$1.10M6887
Total: 5 · Average4.23.02,276.65,512$367$846,60054
Median2,338$850,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
84692 Pavone WayIndio200806/08/2026432,4727,405$575,000$565,000$2290.9838587
84684 Lago Brezza DriveIndio200906/18/2026432,2347,841$615,000$615,000$2751.00086
42795 Ponte CourtIndio200906/17/2026432,4727,841$599,000$599,000$2421.0016186
43934 Riunione PlaceIndio200506/16/2026432,4787,841$625,000$590,000$2380.944186
84170 Caviano DriveIndio202305/18/2026432,0847,497$749,000$730,000$3500.974683
Total: 5 · Average4.03.02,3487,685$619,800$619,800$266.8126.6
Median2,472$599,000$599,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.