RealKey
‪(213) 433-7766‬

43241 Pietra Court, Indio, California 92203, Indio, 92203 - 5 bed, 4 bath

43241 Pietra Court, Indio, California 92203 home-pic-0
ACTIVE$1,048,000
43241 Pietra Court, Indio, California 92203
5Beds
4Baths
2,416Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($1,034,410.12) is $13,589.88 (1%) lower than the list price ($1,048,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Renovation: Built in 2022 and recently renovated with designer furniture, huge TVs, arcade machines, and a completely developed backyard, offering a turn-key luxurious experience.
Top Cons:
Significant HOA Dues: The $340 monthly association fee, while covering numerous amenities, represents a substantial recurring cost to ownership.

Compared to the nearby listings

Price:$1.05M vs avg $570.5K (+$477,500)95%
Size:2,416 sqft vs avg 2,160.5 sqft67%
Price/sqft:$434 vs avg $27498%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it virtually brand new. The listing explicitly states it was 'recently built' and 'renovated and set up to be a luxurious lakefront rental,' indicating high-end, modern finishes throughout. The images confirm this with a contemporary kitchen featuring white shaker cabinets, stainless steel appliances, and quartz countertops, along with pristine bathrooms with modern vanities, glass-enclosed showers, and clean tile work. All components appear new, meeting current quality standards with no deferred maintenance.
Year Built
2022
Close
-
List price
$1.05M
Original List price
$1.1M
Price/Sqft
$434
HOA
$340
Days on market
-
Sold On
-
MLS number
219135763DA
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s), Panoramic, Pond, Water
Pool
Spa
Patio
ViewPark/Greenbelt, Lake, Mountain(s), Panoramic, Pond, Water

About this home

PRICE REDUCED $50,000! Terra Lago Lakefront estate recently built in 2022. Rare 5 bedroom 4 bath plus office that can comfortably sleep 14+ for maximum enjoyment or maximum income as a resort rental. The entire property has been renovated and set up to be a luxurious lakefront rental with designer furniture, huge TVs, arcade machines, and completely developed backyard. The large primary suite offers a private balcony overlooking the serene lake and pool, with panoramic mountain views that will take your breath away. Smart home features including smart entry, thermostats, EV charger, and solar panels on the roof. Residents enjoy resort-style amenities, including a community pool, clubhouse, fitness center, and an 18-hole golf course. Plus, HOA dues cover free Internet, cable TV, gym, community center, and 24-hour guard-controlled access. Whether you're looking for a luxury residence, an Airbnb, or a 1031 exchange, this home offers it all very close to Coachella Valley's best events, including Coachella Music Festival, Stagecoach, Polo, Palm Springs, Joshua Tree National Park, and major Casinos. Don't miss the opportunity to make this extraordinary lakefront retreat your own! Short-term rentals allowed--excellent investment potential!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.3mi
4/10
Desert Ridge Academy
Public,•6-8•5.3mi
5/10
Shadow Hills High School
Public,•9-12•5.0mi
Condition Rating
Excellent
This property was built in 2022, making it virtually brand new. The listing explicitly states it was 'recently built' and 'renovated and set up to be a luxurious lakefront rental,' indicating high-end, modern finishes throughout. The images confirm this with a contemporary kitchen featuring white shaker cabinets, stainless steel appliances, and quartz countertops, along with pristine bathrooms with modern vanities, glass-enclosed showers, and clean tile work. All components appear new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Renovation: Built in 2022 and recently renovated with designer furniture, huge TVs, arcade machines, and a completely developed backyard, offering a turn-key luxurious experience.
Exceptional Income Potential: Explicitly set up for resort rental with short-term rentals allowed, large capacity (sleeps 14+), and proximity to major events, making it ideal for investors or a 1031 exchange.
Prime Lakefront Location & Panoramic Views: Offers serene lake views, a private balcony overlooking the lake and pool, and panoramic mountain views, significantly enhancing desirability and value.
Comprehensive Smart Home & Eco-Friendly Features: Equipped with smart entry, thermostats, an EV charger, and solar panels on the roof, appealing to tech-savvy and environmentally conscious buyers.
Extensive Resort-Style Community Amenities: Residents enjoy access to a community pool, clubhouse, fitness center, 18-hole golf course, and HOA-covered internet/cable, providing a luxurious and convenient lifestyle.

Cons

Significant HOA Dues: The $340 monthly association fee, while covering numerous amenities, represents a substantial recurring cost to ownership.
Potential for High Maintenance Due to Rental Use: Being explicitly set up for high-capacity short-term rentals (sleeps 14+) suggests increased wear and tear and potentially higher ongoing maintenance and management demands.
Relatively Small Lot Size for an 'Estate': With a lot size of 3,485 sqft, it might be considered compact for a property marketed as a 'lakefront estate,' potentially limiting private outdoor space beyond the developed backyard.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state