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84250 Novello, Indio, CA 92203

$550K4bd · 3ba · 2,553 sqft
Lot 6,534 sqft•HOA $125/mo•Single Family Residence•
Active
•41d on market•MLS# SW-26207571

Property Description

VA- REO-OWNED OPPORTUNITY! Almost new and ready for its next chapter, this spacious 4-bedroom, 3-bath home in the gated Aguila at Terra Lago community offers 2,553 sq. ft. of living space and a wonderful opportunity for a buyer to customize the home and make it truly their own. Built in 2024, the home offers modern construction, an open and functional floor plan, and a desirable corner location. High vaulted ceilings and a beautiful designer kitchen with a pantry opening up to a great room design. Spacious Master includes a modern-style separate tub and shower. Situated within the Desert Sands Unified School District, with Shadow Hills High School serving the area. Whether you're looking for a primary residence, second home, or investment opportunity, this VA listing offers the chance to own an almost-new home and put your own personal touches on it. Buyer to verify all HOA amenities, school boundaries, measurements, fees, assessments, and other property information. Please see private remarks on how to submit an offer. Buyer to verify and investigate the lease on solar panels.

Features & Amenities

Terra LagoFeeBuilt 2024

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2024
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Indio
Zip Code
92203
County
Riverside
Listed byDavelly Real Estate & Services, Shawna Vandenburg

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,778.57
Principal & Interest
Loan Amount
$439,600
Total Interest
$560,686
Total Payment Over 30 Years
$1,000,286
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

84250 Novello, Indio, CA 92203

Terra Lago · Indio · Single Family Residence

$550K
Residential Tier
Beds
4
Baths
3
Sqft
2,553
Lot
6,534 sqft
Year
2024
$/Sqft
$215
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $555,000. Price per sqft ($215) is a 10% discount to closed comps ($240).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $550K· $215/sqft
Total list price
Closed comps
vs closed median $555K
−$6K (−1.0%)
Active comps
vs active median $559K
−$10K (−1.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $294
−$79 (−26.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
84285 Tramonto WayIndio2011421,9266,098$273$525,000585
42871 Incantata PlaceIndio2009421,9204,792$273$525,0001083
84211 Novello DriveIndio2024332,2244,792$259$575,00014982
42411 Canneto WayIndio2022321,7804,887$314$559,0001578
84146 Azzura WayIndio2010321,6375,663$351$575,0007477
Total: 5 · Average3.42.21,897.45,246.4$294$551,80050.6
Median1,920$559,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
42795 Ponte CourtIndio200906/17/2026432,4727,841$599,000$599,000$2421.0016292
42410 Canneto WayIndio202308/14/2026432,5535,423$599,000$599,000$2351.0011787
42756 Dell Lago CourtIndio200510/22/2026332,2347,405$539,500$515,000$2310.956483
84303 Eremo WayIndio200512/05/2025422,1227,841$499,000$515,000$2431.034383
84112 Caviano DriveIndio202309/04/2026332,2245,780$567,500$555,000$2500.9812082
Total: 5 · Average3.62.82,3216,858$556,600$556,600$240.2—101.2
Median2,234$555,000$555,000

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.