For sale Home

Listed Oct 2, 2026

$799,000 Est. $5,285/mo

84020 Colibri Court

  • 4

    Beds

  • 3

    Baths

  • 2,338

    Sq ft

The story

  • Pool

**Turnkey Investment Opportunity in Sought-After Terra Lago!**Attention investors! This is the short-term rental opportunity you've been waiting for! This corner lot home in the guard gated Terra Lago community offers 4 bedrooms and 3 bathrooms with a layout designed for both privacy and flexibility. The primary bedroom is conveniently located on the first floor while guest quarters occupy the second floor, an ideal configuration for families and groups. Recent upgrades include fresh interior and exterior paint, new quartz countertops and a stylish kitchen island, new flooring, modern cabinets, stainless steel appliances, and updated fans and hardware throughout. The added benefit of paid solar keeps operating costs low and profits high.The backyard is where this property truly shines. Situated on a private pie shaped lot, the outdoor space has been designed as an entertainment paradise featuring a brand-new pool and jacuzzi, a cozy fire pit, a built-in BBQ island, and a fun putt-putt golf course that guests of all ages will love. It's the perfect setting for summer gatherings and festival goers looking for a memorable desert retreat.Terra Lago offers an unmatched lifestyle with 24-hour security, a championship 36-hole golf course, a stunning 20-acre recreational lake, and a 10,000 square-foot clubhouse complete with pools and a fitness center. Residents and guests also enjoy a playground and pet park, and the low HOA fees include cable and high-speed internet, a bonus that simplifies your rental operations.North Indio is one of the fastest growing areas in Riverside County, and this location delivers convenience and adventure in equal measure. The home is near the only night golf course in the Coachella Valley, with easy access to hiking trails, nearby casinos, and major freeways. Guests will love being just minutes from the world famous Coachella and Stagecoach festivals.This turnkey property is ready to welcome guests immediately. Don't miss your chance to own a proven performer in one of the desert's most desirable rental communities.

Facts & features

Home type

Home

Year built

2007

Floors

2

Price per sq ft

$342

HOA

$325 / monthly

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Lot Information

    Planned Unit Development, Sprinkler System

Mortgage calculator

Estimated monthly payment

$5,285 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,253
  • Property tax $799
  • Insurance $233

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

LPT Realty

Broker Name

LPT Realty

Agent

James Suer

Location

Palm Desert CA 92260