42680 Incantata Place, Indio, California 92203, Indio, 92203 - 5 bed, 3 bath
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Indio, California 92203
This Turnkey Residential Asset is a High-Potential Investment Opportunity, listed at $759,000—positioned above the $718,228 Fair Market Value by 5%. Despite the premium, the property features an Excellent Condition Rating with brand new 2026 HVAC units and a 2025 water heater. Located in the gated Terra Lago community, it offers premium Desert, Lake, and Mountain views and is optimized for short-term rentals near Coachella. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a secure, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42680 Incantata Place Subject | $759,000* List Price | 5 | 3 | 2,338 | $307 | - |
A 42501 Solicio Way Sold | $565,000 | 3 | 2 | 1,780 | $317 | 0.2 mi |
B 84101 Novello Drive Sold | $599,990 | 3 | 3 | 2,554 | $235 | 0.1 mi |
C 43784 Riunione Place Sold | $665,000 | 5 | 2 | 2,200 | $302 | 0.8 mi |
D 83960 Hopi Avenue Sold | $600,000 | 4 | 3 | 2,110 | $284 | 0.4 mi |
E 84155 Tramonto Active | $699,000 List Price | 4 | 3 | 2,297 | $304 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2009, the property qualifies for an excellent rating due to significant recent updates including brand new HVAC units (2026) and a new water heater (2025). The interior features a gourmet kitchen and updated living spaces that appear mint and move-in ready, meeting the criteria for recent renovations.
The property is located in a short-term rental friendly zone near the Coachella festival grounds, offering significant income potential for investors looking for vacation rental opportunities.
The home features brand new dual A/C units (2026) and a new water heater (2025), providing peace of mind and reducing immediate capital expenditure for the buyer.
Situated in the gated Terra Lago community with 24/7 security and offering desert, lake, and mountain views, the property provides a premium and safe lifestyle environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The current list price of $759,000 is a significant jump from the 2021 sale price of $610,000, which may lead to appraisal challenges in a stabilizing market.
While elementary education is nearby, the assigned middle and high schools are located over four miles away, which may be less convenient for families with older children.
Gorgeous ready to move in 5 -bedroom 3 bath - 5th bedroom can be Bonus Room or else - Great for family or Income property near Coachella - short and long term rental OKLocated in the immaculate Terra Lago community, this gated home offers 24/7 security for safety.The gourmet kitchen with a large island and open-concept dining and living space, perfect for hosting and entertaining.Updated living room with a cozy fireplace with a lovely outdoor patio.Both A/C are new units in 2026 and New Water Heater in Oct 2025
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 4.8 mi
Grades 9-12 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,338 | 2,131.5 | 66% |
| Lot Size | 5,227 | 7,841 | 16% |
| Price | $759.0K | $550.0K | 88% |
| Price per sq ft | $325 | $273 | 85% |
| Built year | 2009 | 2006 | 63% |
| HOA | $289.0 | $300 | 48% |
| Days on market | 24 | 162 | 0% |
May 13, 2026
$759,000
Initial Listing
Dec 22, 2021
$610,000
Public Record
Jul 9, 2021
$475,000
Public Record
Jun 12, 2019
$307,000
Public Record
Nov 9, 2016
$220,000
Public Record
Jul 31, 2009
$170,500
Public Record