
Indio, California 92203
This Strong Value Opportunity is a Turnkey Lakefront Estate listed at $939,000, positioned well below the $990,921 Fair Market Value by 5%. This valuation gap offers $51,921 in Instant Equity. Featuring a Mint Condition Rating, this 2022-built home includes Solar Panels, EV Charging, and Panoramic Lake Views. It serves as a high-performing short-term rental with existing bookings, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury resort-style residence in the guard-gated Terra Lago community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43241 Pietra Court Subject | $939,000* List Price | 5 | 4 | 2,416 | $410 | - |
A 43092 Armonia Court Active | $929,999 List Price | 4 | 4 | 2,416 | $385 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and in mint condition. It features a modern kitchen with quartz countertops and stainless steel appliances, along with updated systems including solar panels, EV charging, and smart home technology, requiring no maintenance.
The property is a high-performing short-term rental with permitted status, designer furnishings, and existing future bookings, offering immediate ROI for investors or 1031 exchange buyers.
Built in 2022, this smart home features integrated solar panels, EV charging capabilities, and programmable thermostats, significantly reducing utility overhead and appealing to eco-conscious tenants.
Located in the guard-gated Terra Lago community, residents gain access to a lakefront lifestyle, 18-hole golf course, fitness center, and 24-hour security, all covered by the HOA.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
At just 3,485 square feet, the lot is relatively small for a 5-bedroom residence, resulting in limited private yard space and close proximity to neighboring structures.
While the elementary school is within 1.3 miles, the assigned middle and high schools are located approximately 5 miles away, which may be less convenient for long-term resident families.
Built in 2022, this exceptional Terra Lago lakefront estate presents a rare opportunity to own a luxury resort-style residence with remarkable income potential. Offering 5 bedrooms, 4 bathrooms, plus a dedicated office, this thoughtfully designed home comfortably accommodates 14+ guests as a primary residence, vacation home, high-performing short-term rental, or 1031 exchange investment. The property has been meticulously upgraded and professionally curated as a premier lakefront rental, featuring designer furnishings, oversized televisions, arcade games, and a fully developed backyard designed for both relaxation and entertaining. The expansive primary suite is a true highlight, showcasing a private balcony with sweeping lake, pool, and panoramic mountain views.Modern smart home features include smart entry, programmable thermostats, EV charging capability, and solar panels, providing both convenience and efficiency. Located within the guard-gated Terra Lago community, residents enjoy resort-style amenities such as a community pool, clubhouse, fitness center, and an 18-hole golf course. HOA dues also include internet, cable TV, gym access, community center privileges, and 24-hour guard-controlled security. Ideally situated near the Coachella Valley's most renowned destinations and events, including Coachella, Stagecoach, polo grounds, Palm Springs, Joshua Tree National Park, and major casinos, this home offers the perfect balance of luxury living and investment opportunity. Short-term rentals are permitted, and the property already has extensive future bookings, providing immediate turnkey income for the next owner. An extraordinary lakefront retreat with exceptional versatility and valuethis is a rare offering not to be missed.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 5.3 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,416 | 1,953.5 |
| Lot Size | 3,485 | 6,970 |
| Price | $939.0K | $544.5K |
| Price per sq ft | $389 | $281 |
| Built year | 2022 | 2005 |
| HOA | $340.0 | $280 |
| Days on market | 33 | 80 |
Jun 19, 2026
$939,000
Initial Listing
Mar 18, 2025
$689,000
Public Record
Oct 3, 2023
$759,500
Public Record
Apr 23, 2021
$7,035,000
Public Record