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43199 Portuale Court, Indio, California 92203, Indio, 92203 - 4 bed, 5 bath

43199 Portuale Court, Indio, California 92203 home-pic-0
ACTIVE$1,150,000$2,697/sqft
Est. Value: $1,135,342
-1%
FairlyEstimate
43199 Portuale Court, Indio, California 92203
4Beds
5Baths
2,697Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($1,135,342.42) is $14,657.58 (1%) lower than the list price ($1,150,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income-Generating Asset: Proven $120,000 annual gross income with a turnkey, professionally managed short-term rental history, offering immediate cash flow and zero setup/downtime.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3485, living area = 2697.

Compared to the nearby listings

Price:$1.15M vs avg $565.0K (+$585,000)98%
Size:2,697 sqft vs avg 2,147 sqft82%
Price/sqft:$426 vs avg $27696%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it virtually new. The MLS description highlights extensive upgrades, high-quality finishes, and a design optimized for modern living and short-term rentals. The images confirm a pristine condition throughout, featuring a state-of-the-art kitchen with stainless steel appliances, quartz countertops, a waterfall island, and designer backsplash. Bathrooms are spa-inspired with modern vanities, soaking tubs, and tiled showers. All flooring, light fixtures, and systems appear brand new and meet current quality standards, with no signs of wear or deferred maintenance. The property offers exceptional amenities like a private infinity-edge pool, movie theater, and game room, all in excellent condition.
Year Built
2022
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$426
HOA
$325
Days on market
-
Sold On
-
MLS number
219140822DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s)
Deck
Pool
Spa
Patio
ViewLake, Mountain(s)

About this home

This upgraded, professionally managed lakefront short-term rental is ideally positioned on the water in Terra Lago, offering breathtaking lake and mountain views along with a private infinity-edge pool and spa. Designed for both comfort and performance, the home features bright, open living spaces and high-quality finishes throughout--purpose-built to maximize rental demand and guest satisfaction.The upgraded kitchen is fully equipped with stainless-steel appliances, custom quartz countertops, a dramatic waterfall island, designer backsplash, and a dedicated coffee bar--ideal for entertaining and extended guest stays.The spacious living room provides generous seating, an 86'' smart TV, and a sleeper sofa for flexible use. Expansive windows and sliding glass doors flood the home with natural light and create a seamless indoor-outdoor living experience centered around the stunning waterfront setting.The well-designed floor plan includes four bedrooms, including a first-floor suite, with ensuite bathrooms for every bedroom--a highly desirable feature for short-term rental guests. The upstairs primary suite offers a private balcony overlooking the lake and a spa-inspired bathroom with soaking tub. A bonus room adjacent to the primary suite functions as a dedicated kids' room with bunk beds, maximizing sleeping capacity and rental flexibility.Additional highlights include a movie-theater-style room with eight reclining chairs, a climate-controlled game room with commercial-grade arcade games (including air hockey and basketball), built-in BBQ, firepits, smart TVs throughout, and a layout ideally suited for short-term rental or second-home use. This is not just an STR--it is a destination property, offering resort-style amenities that keep guests on-site and drive repeat bookings.Located in the highly desirable Terra Lago community, this turnkey, high-performing lakefront asset delivers a proven two-plus-year short-term rental history with approximately $120,000 in annual gross income. All capital improvements and guest-driven upgrades are complete--this property will be generating income from day one.Zero setup. Zero downtime. Immediate cash flow.Investors also have the rare opportunity to scale instantly by acquiring the sister property at 43250 Pietra Ct, also in Terra Lago--creating a ready-made, multi-property short-term rental portfolio in one of the Coachella Valley's most sought-after resort communities.

R
Ron Saporito
Listing Agent

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.4mi
4/10
Desert Ridge Academy
Public,•6-8•5.3mi
5/10
Shadow Hills High School
Public,•9-12•5.0mi

Price History

Date
Event
Price
02/03/23
Sold
$789,000
04/23/21
Sold
$7,035,000
Condition Rating
Excellent
This property was built in 2022, making it virtually new. The MLS description highlights extensive upgrades, high-quality finishes, and a design optimized for modern living and short-term rentals. The images confirm a pristine condition throughout, featuring a state-of-the-art kitchen with stainless steel appliances, quartz countertops, a waterfall island, and designer backsplash. Bathrooms are spa-inspired with modern vanities, soaking tubs, and tiled showers. All flooring, light fixtures, and systems appear brand new and meet current quality standards, with no signs of wear or deferred maintenance. The property offers exceptional amenities like a private infinity-edge pool, movie theater, and game room, all in excellent condition.
Pros & Cons

Pros

Exceptional Income-Generating Asset: Proven $120,000 annual gross income with a turnkey, professionally managed short-term rental history, offering immediate cash flow and zero setup/downtime.
Premium Lakefront Location & Views: Ideally positioned on the water in Terra Lago with breathtaking lake and mountain views, significantly enhancing guest appeal and property value.
Resort-Style Amenities & Entertainment: Features a private infinity-edge pool/spa, movie theater, climate-controlled game room, built-in BBQ, and firepits, designed to maximize guest satisfaction and on-site experience.
Modern & Thoughtful Design: Built in 2022 with high-quality finishes, an upgraded kitchen, and a floor plan optimized for short-term rentals, including en-suite bathrooms for every bedroom and a dedicated kids' room.
Opportunity for Portfolio Expansion: Rare chance to acquire a sister property, allowing for instant scaling of a multi-property short-term rental portfolio in a desirable community.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3485, living area = 2697.
Ongoing Association Fees: The property incurs a monthly association fee of $325.0, which adds to the recurring operational costs for the owner.
Compact Lot Size: With a lot size of 3,485 sqft, the outdoor space, while well-utilized with a pool and spa, is relatively compact for a luxury lakefront property.
Market Dependence on Short-Term Rentals: The property's high performance and value are heavily reliant on the continued demand and regulatory environment for short-term rentals in the Coachella Valley.
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