
Indio, California 92203
This Turnkey Lakefront Income Property is listed at $1,150,000, representing a stable acquisition at its $1,150,000 Fair Market Value. Built in 2022, the residence maintains a Pristine Condition Rating and features a private infinity-edge pool, lake and mountain views, and a designer kitchen with quartz waterfall counters. As a high-performing asset with a proven $120,000 annual gross income, the home is optimized for immediate cash flow. Located in Terra Lago near Shadow Hills High, this is a premier choice for Short-Term Rental Investors or Luxury Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43199 Portuale Court Subject | $1,150,000* List Price | 4 | 5 | 2,697 | $426 | - |
A 43173 Bacino Court Sold | $1,015,000 | 3 | 3 | 2,274 | $446 | 0.1 mi |
B 84650 Litorale Court Active | $995,000 List Price | 4 | 5 | 2,697 | $369 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
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.
Proven $120,000 annual gross income with a turnkey, professionally managed short-term rental history, offering immediate cash flow and zero setup/downtime.
Ideally positioned on the water in Terra Lago with breathtaking lake and mountain views, significantly enhancing guest appeal and property value.
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.
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.
The property incurs a monthly association fee of $325.0, which adds to the recurring operational costs for the owner.
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.
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.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 5.3 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 2,697 | 2,112 | 81% |
| Lot Size | 3,485 | 7,841 | 0% |
| Price | $1.15M | $547.5K | 94% |
| Price per sq ft | $426 | $277 | 95% |
| Built year | 2022 | 2006 | 93% |
| HOA | $325.0 | $300 | 55% |
| Days on market | 107 | 181 | 24% |
Jan 6, 2026
$1,150,000
Initial Listing
Feb 3, 2023
$789,000
Public Record
Apr 23, 2021
$7,035,000
Public Record