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84297 Canzone Drive, Indio, CA 92203

$975K3bd · 2ba · 1,720 sqft
Lot 6,098 sqftHOA $300/moSingle Family Residence
Active
14d on marketMLS# 219148364

Property Description

Experience the kind of property that turns weekend guests into repeat visitors and investors into long-term believers. Perfectly positioned on the lake within the gated community of Terra Lago, this waterfront retreat delivers the rare combination of lifestyle appeal and income potential in one unforgettable setting. Designed with both comfort and performance in mind, this 3-bedroom, 2-bath residence features an open-concept layout filled with natural light and seamless indoor-outdoor living. The kitchen serves as the heart of the home with granite countertops, stainless steel appliances, and generous gathering space ideal for entertaining family and guests alike. Offered furnished per inventory, this is a true turnkey opportunity ready to enjoy or generate income immediately. Step outside to your own private resort experience featuring a sparkling pool and spa, fire-pit lounge, outdoor dining area, and private dock access overlooking breathtaking lake and mountain views. It's the type of setting guests search for and remember long after checkout. Location adds another layer of value. Just minutes from Coachella and Stagecoach festival grounds, near the Indian Wells Tennis Garden and the upscale shopping and dining of El Paseo, this home is positioned to benefit from strong year-round demand driven by festivals, golf, tennis, and desert tourism. Whether you're building your investment portfolio, searching for a lakefront getaway, or looking for a property that can deliver both personal enjoyment and income potential, this is more than a home it is a destination, an experience, and an opportunity.

Features & Amenities

Terra LagoFeeBuilt 2005

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake, Mountain(s), Pool
Flooring
Tile
City
Indio
Zip Code
92203
County
Riverside
Listed byBPO Homes, Angela Maciel-Gibbons·760-880-8568

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,930.13
Principal & Interest
Loan Amount
$780,000
Total Interest
$994,847
Total Payment Over 30 Years
$1,774,847
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

84297 Canzone Drive, Indio, CA 92203

Terra Lago · Indio · Single Family Residence

$975K
Residential Tier
Beds
3
Baths
2
Sqft
1,720
Lot
6,098 sqft
Year
2005
$/Sqft
$567
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 124.1% above the median closed sale of $435,000. Price per sqft ($567) is a 92% premium to closed comps ($296).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $975K· $567/sqft
Total list price
Closed comps
vs closed median $435K
+$540K (+124.1%)
Active comps
vs active median $619K
+$356K (+57.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $381
+$186 (+48.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
84206 CanzoneIndio2006321,7205,227$360$619,00013589
84208 Novello DriveIndio2023321,7808,276$314$559,0005684
84156 Azzura WayIndio2010321,7375,663$317$550,0006583
84290 Tramonto WayIndio2010431,9266,970$467$899,9503981
43157 Armonia CourtIndio2006332,1573,920$447$965,0004080
Total: 5 · Average3.22.41,8646,011.2$381$718,59067
Median1,780$619,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
45595 Banff Springs StreetIndio200305/28/2026321,5296,534$542,000$530,000$3470.9810273
85491 Adria DriveIndio201505/29/2026221,5555,227$399,500$360,000$2320.9021069
49840 Jade WayIndio200105/26/2026221,5077,405$425,000$435,000$2891.027469
40681 Morris StreetIndio200405/11/2026321,6307,840$495,000$493,300$3031.006365
81255 Calle TeneriaIndio201305/18/2026221,3214,356$410,000$405,000$3070.993565
Total: 5 · Average2.42.01,508.46,272.4$444,660$444,660$295.696.8
Median1,529$435,000$435,000

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.