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84516 Miliare CT, Indio, CA 92202

$1000K4bd · 4ba · 2,416 sqft
Lot 3,920 sqftHOA $325/moSingle Family Residence
Active
70d on marketMLS# IV-26069465

Property Description

Lakefront luxury meets resort-style living in this stunning 4-bedroom, 4-bathroom home nestled inside the gated community of Terra Lago. Built in 2022, this beautifully upgraded property sits directly on the water with breathtaking lake and mountain views that greet you the moment you walk through the door. The open-concept main level is flooded with natural light, anchored by a designer kitchen featuring quartz countertops, a center island, and stainless steel appliances — all flowing seamlessly to your private outdoor oasis. Step outside to a resort-caliber infinity-edge pool and spa with solar heating, lush landscaping, and panoramic waterfront views that make every evening feel like a five-star getaway. Upstairs, the primary suite opens to a covered balcony overlooking the lake — the kind of view that closes deals before buyers reach the second bedroom. Three additional bedrooms provide generous space for family, guests, or the extended winter visitors this property is perfectly suited for. Canadians and East Coasters escaping the cold flock to the Coachella Valley each season, and a lakefront home of this caliber commands premium long-term rental rates throughout the winter months. For those drawn to the slopes, Big Bear is a 90-minute drive — making this an ideal warm-weather home base for the snowboard-and-sun crowd. Sold fully furnished and turnkey ready, this property is a rare opportunity to own a waterfront short-term rental in one of Southern California's most in-demand vacation markets. Minutes from Coachella and Stagecoach festival grounds, world-class golf, and fine dining — with a 24-hour guard gate, community clubhouse, fitness center, and pool included in the HOA. Properties like this don't stay available. Schedule your private showing today.

Features & Amenities

Terra LagoFeeBuilt 2022

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2022
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
City Lights, Desert, Lake, Mountain(s), Panoramic, Pool
Flooring
Carpet, Tile
City
Indio
Zip Code
92202
County
Riverside
Listed byELEVATE REAL ESTATE AGENCY, SARAH OSWALD

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,056.49
Principal & Interest
Loan Amount
$799,991
Total Interest
$1,020,344
Total Payment Over 30 Years
$1,820,335
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

84516 Miliare CT, Indio, CA 92202

Terra Lago · Indio · Single Family Residence

$1000K
Residential Tier
Beds
4
Baths
4
Sqft
2,416
Lot
3,920 sqft
Year
2022
$/Sqft
$414
Pool: Yes
Spa: Yes
View: city
Garage: 2-car

Listed 58.7% above the median closed sale of $630,000. Price per sqft ($414) is a 29% premium to closed comps ($321).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1000K· $414/sqft
Total list price
Closed comps
vs closed median $630K
+$370K (+58.7%)
Active comps
vs active median $930K
+$70K (+7.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $379
+$35 (+9.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
43250 Pietra CourtIndio2022452,6974,356$426$1.15M8288
84645 Litorale CourtIndio2021442,4163,485$413$999,0004785
43245 Bacino CourtIndio2006332,1573,920$301$650,0001785
43055 Armonia CourtIndio2022432,4163,920$372$899,9004484
43092 Armonia CourtIndio2022442,4163,484$385$929,99925384
Total: 5 · Average3.83.82,420.43,833$379.4$925,779.888.6
Median2,416$929,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
80356 Green Hills DriveIndio200205/21/2026331,9816,098$595,000$575,000$2900.973761
49520 Seagull PlaceIndio202606/05/2026431,8356,071$630,232$630,232$3431.009058
82755 Temescal Canyon DriveIndio202105/29/2026221,9285,502$569,000$562,000$2910.99254
51647 Rolling Green CourtIndio201405/07/2026221,9295,227$679,900$675,500$3500.998353
82800 Kingsboro LaneIndio201405/11/2026221,9145,663$659,900$630,000$3290.9512352
Total: 5 · Average2.62.41,917.45,712.2$614,546.4$614,546.4$320.667
Median1,928$630,000$630,000

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.