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Indio 92203
84637 Pavone Way
Listed by: David Colin, HomeSmart
$699,900
● House - Off Market

84637 Pavone Way

Indio, CA 92203
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,371 Ft²
$3,711
Est. Monthly
$274
HOA / Fees
8.10%
Cap Rate

About This Property

On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity. This property is a successful part- time vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $120,000 yearly in vacation rental income and this listing will do the same or more. The backyard is ready for entertaining with a custom firepit, covered patio, large pool & spa with room to add a water slide, putting green, newer aluma-wood patio, outdoor pool table and has gorgeous mountain views. The interior offers four bedrooms, three baths and three car garage. The interior has newer furnishings, newer flooring, newer paint and many more upgrades to list. The upstairs master bedroom has a private balcony with beautiful southern views of the Santa Rosa mountains and also overlooks the community lake. This home is a winner, is being offered furnished and is ready to start generating income immediately! This will be a great 1031 tax exchange purchase to generate passive income for many years to come. Don't overlook the fact that this is one of very few communities that still allows short term rentals and this community is a hidden gem!
Unit Size
2,371 Ft²
Days on Market
39 days
Land Size
0.14 acres
Price per sqft
$295
Property Type
House
Property Taxes
-
HOA Dues
$274
Year Built
2008

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Last updated: 2 years ago (CRMLS #219124556DA)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Sold
Feb 10, 2025 Listed by HomeSmart $699,900
Listed by HomeSmart
May 17, 2024 No longer available -
No longer available
Jan 4, 2024 Price Decreased $829,900
↓ $20K (2.4%)
Price Decreased
Dec 4, 2023 Listed by HomeSmart Professionals $849,900
Listed by HomeSmart Professionals
On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity. This property is a successful part- time vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $120,000 yearly in vacation rental income and this listing will do the same or more. The backyard is ready for entertaining with a custom firepit, covered patio, large pool & spa, putting green, newer aluma-wood patio. outdoor pool table and has gorgeous mountain views. The interior offers four bedrooms, three baths and three car garage. The interior has newer furnishings, newer flooring, newer paint and many more upgrades to list. The upstairs master bedroom has a private balcony with beautiful southern views of the Santa Rosa mountains and also overlooks the community lake. This home is a winner, is being offered furnished and is ready to start generating income immediately! This will be a great 1031 tax exchange purchase to generate passive income for many years to come. Don't overlook the fact that this is one of very few communities that still allows short term rentals and this community is a hidden gem! The manager has listed the unit size as 2371 square feet.
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Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 530
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 3,038
  • Gross Building Area: 3,038
  • Building Area: 2,371
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,371
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 31601 5
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • Legal Description 1: .14 ACRES M/L IN LOT 88 MB 391/044 TR 31601-5

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045222

Zoning

  • Zoning: A120

Geography

  • Subdivision Tract Number: 31601-5
  • Parcel: 696-100-057
  • Lot: 88
  • Municipality: INDIO
  • Latitude: 33.7361
  • Longitude: -116.188

    Address

  • Full Address: 84637 Pavone Way
  • Address - House Number: 84637
  • Address - Street Name: Pavone
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Indio
  • Carrier Code: C061
  • 4-Digit Zip Code: 2956
  • Zip Code: 92203

Valuation

    Tax

  • Total Area: 2,371
  • Tax Year: 2023
  • Tax Amount: $977,304
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 007-094

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 878,589
  • High Value: 945,335
  • Low Value: 811,843

    Market Valuation

  • Market Total Value: $659,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,691
  • Assessed Land Value: $124,848
  • Assessed Improvements Value: $384,843

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0070080
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Contract Date: Jul 15, 2013
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indio


Similar Homes for Sale

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Nearby Rentals

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Unit for rent at 43784 Riunione Place, INDIO, CA, 92203

$5,500 /mo

  • 5 Beds
  • 2 Baths
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43784 Riunione Place, INDIO, CA, 92203 Listing by Gracie Nilson
Unit for rent at 84638 Litorale Court, BERMUDA DUNES, CA, 92203

$5,500 /mo

  • 4 Beds
  • 4 Baths
  • 2,697 ft²
84638 Litorale Court, BERMUDA DUNES, CA, 92203 Listing by Hovik Takmazian


Frequently Asked Questions

When was property at 84637 Pavone Way built and last sold?
The property at 84637 Pavone Way was built in 2008 and last sold on Jan 4, 2021 for $490,000.
How much is this home worth?
The estimated value of the home located at 84637 Pavone Way is $708,538.
What are some comparable homes to 84637 Pavone Way?
There are currently no comparable homes to 84637 Pavone Way.