
Indio, California 92203
This Stunning Lakefront Retreat is listed at $965,000, representing a stable acquisition aligned with its $943,486 Fair Market Value. Maintaining a Good Condition Rating, the residence features a private pool and spa with rare underground equipment and unobstructed panoramic lake and mountain views. The property offers immediate ROI through a proven short-term rental history, including a confirmed high-season reservation already in place. Situated in the gated Terra Lago community near Shadow Hills High School, this turnkey home is perfectly suited for Short-Term Rental Investors or Vacation Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43157 Armonia Court Subject | $965,000* List Price | 3 | 3 | 2,157 | $437 | - |
A 43173 Bacino Court Sold | $1,015,000 | 3 | 3 | 2,274 | $446 | 0.1 mi |
B 43240 Bacino Court Active | $1,049,000 List Price | 3 | 3 | 2,157 | $486 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), this property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready, featuring upgraded stainless steel kitchen appliances, a modern wood-paneled ceiling, and a functional laundry room. The exterior pool and pavers are in great shape, and the home shows no signs of deferred maintenance.
The property features unobstructed lake and mountain views with no neighbors directly across, offering rare privacy and a premium aesthetic within the Terra Lago community.
Boasts a full-size pool with grandfathered underground equipment that maximizes usable backyard space, a feature that is no longer permitted in newer neighborhood developments.
The home offers immediate ROI with a proven rental history and a confirmed high-season reservation already in place from December 2024 through March 2025.
The list price of $965,000 is a substantial increase from the 2021 sale price of $550,000, which may present challenges regarding appraisal valuations or buyer price sensitivity.
While the elementary school is nearby, the assigned middle and high schools are located approximately 5 miles away, which may be less convenient for families with older children.
Stunning Lakefront Retreat - Exceptional Value and Investment Opportunity!Discover your perfect getaway or investment with this charming 3-bedroom lakefront home, built in 2006 and thoughtfully upgraded for modern comfort. Nestled on one of the largest lots in the highly sought after community of Tera Lago, this property boasts a spacious backyard with beautifully crafted pavers and a full-size pool--where the pool equipment is cleverly installed underground, maximizing your outdoor living space. This smart design is no longer permitted in the neighborhood, making this a rare find!Enjoy breathtaking, unobstructed views of the lake with no neighbors directly across, offering peace, privacy, and a true connection to nature. Whether you're looking for a serene second home or a high-performing rental, this property delivers. Proven rental income with a confirmed reservation already in place from December 2024 through March 2025 ensures steady returns.Step inside to an upgraded interior that combines comfort and style, perfect for entertaining or relaxing after a day on the water. At $965,000, this is the best value on the lake--don't miss your chance to own a slice of paradise!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 5.2 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,157 | 2,131.5 | 56% |
| Lot Size | 3,920 | 7,841 | 0% |
| Price | $965.0K | $550.0K | 93% |
| Price per sq ft | $447 | $273 | 97% |
| Built year | 2006 | 2006 | 50% |
| HOA | $325.0 | $300 | 54% |
| Days on market | 40 | 162 | 1% |
Apr 28, 2026
$965,000
Initial Listing
May 5, 2021
$550,000
Public Record
May 2, 2014
$299,000
Public Record