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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$2,416/sqft
Est. Value: $1,034,974
-1%
FairlyEstimate
43241 Pietra Court, Indio, California 92203
5Beds
4Baths
2,416Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($1,034,973.87) is $13,026.13 (1%) lower than the list price ($1,048,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: Designed and equipped as a luxurious lakefront resort rental, capable of sleeping 14+ guests, with short-term rentals allowed, offering significant investment and income generation opportunities.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-03-18. The sold price is $689,000.00.

Compared to the nearby listings

Price:$1.05M vs avg $565.0K (+$483,000)94%
Size:2,416 sqft vs avg 2,147 sqft68%
Price/sqft:$434 vs avg $27697%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it virtually new. The description explicitly states it has been 'renovated and set up to be a luxurious lakefront rental with designer furniture' and includes modern features like smart home technology, an EV charger, and solar panels. The images confirm a contemporary aesthetic with new stainless steel appliances, white shaker cabinets, quartz countertops, modern light fixtures, clean tile and carpet flooring, and pristine bathrooms with glass-enclosed showers and dual vanities. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2022
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$434
HOA
$340
Days on market
-
Sold On
-
MLS number
219141262DA
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s), Panoramic, Pond, Water
Deck
Pool
Patio
ViewPark/Greenbelt, Lake, Mountain(s), Panoramic, Pond, Water

About this home

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!

J
Jeff Litton
Listing Agent

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

Price History

Date
Event
Price
03/18/25
Sold
$689,000
10/03/23
Sold
$759,500
04/23/21
Sold
$7,035,000
Condition Rating
Excellent
This property was built in 2022, making it virtually new. The description explicitly states it has been 'renovated and set up to be a luxurious lakefront rental with designer furniture' and includes modern features like smart home technology, an EV charger, and solar panels. The images confirm a contemporary aesthetic with new stainless steel appliances, white shaker cabinets, quartz countertops, modern light fixtures, clean tile and carpet flooring, and pristine bathrooms with glass-enclosed showers and dual vanities. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: Designed and equipped as a luxurious lakefront resort rental, capable of sleeping 14+ guests, with short-term rentals allowed, offering significant investment and income generation opportunities.
Modern & Fully Renovated: Recently built in 2022 and fully renovated with designer furniture, entertainment features (huge TVs, arcade machines), and a developed backyard, ensuring a turn-key, high-end experience.
Prime Lakefront Location & Panoramic Views: Situated on a lakefront lot with a private balcony offering serene lake, pool, and breathtaking panoramic mountain views, enhancing desirability and rental appeal.
Comprehensive Smart Home & Energy Features: Equipped with smart entry, thermostats, an EV charger, and solar panels, providing modern convenience, energy efficiency, and reduced utility costs.
Resort-Style Community Amenities & HOA Benefits: Access to Terra Lago's community pool, clubhouse, fitness center, and 18-hole golf course, with HOA dues covering free Internet, cable TV, gym, community center, and 24-hour guard-controlled access.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-03-18. The sold price is $689,000.00.
Compact Lot Size: The 3,485 sqft lot is relatively small for an 'estate,' potentially limiting extensive outdoor expansion or offering less privacy compared to properties with larger land parcels.
Significant Recurring HOA Fees: While comprehensive, the $340 monthly association fee represents a notable recurring expense that could impact net profitability for investors or overall cost of ownership.
Potential for Event-Related Disturbances: Its proximity to major Coachella Valley events, while a rental draw, could lead to increased noise, traffic, and crowds during peak seasons, potentially affecting tranquility for permanent residents.
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