43245 Bacino Court, Indio, California 92203, Indio, 92203 - 3 bed, 3 bath
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Indio, California 92203
This lakefront residence represents a High-Potential Investment Opportunity, listed at a List Price of $650,000—positioned above the $580,543 Fair Market Value. While priced for the market, the property offers significant upside through cosmetic updates. Featuring unobstructed panoramic lake and mountain views, this 3-bedroom, 3-bath home includes a Condition Rating of 3 with recent mechanical upgrades like a 5-year-old HVAC system. Located in an STR-approved community, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a versatile vacation retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43245 Bacino Court Subject | $650,000* List Price | 3 | 3 | 2,157 | $269 | - |
A 42501 Solicio Way Sold | $565,000 | 3 | 2 | 1,780 | $317 | 0.4 mi |
B 84101 Novello Drive Sold | $599,990 | 3 | 3 | 2,554 | $235 | 0.4 mi |
C 84504 Malora Court Sold | $495,000 | 3 | 2 | 1,780 | $278 | 0.3 mi |
D 84146 Olona Court Active Under Contract | $727,000 List Price | 4 | 3 | 2,338 | $311 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with key system upgrades, including HVAC replaced approximately 5 years ago and an upgraded electrical panel. While the kitchen and bathrooms are functional and feature granite counters and stainless appliances, they reflect the original 2006 style and are priced to allow for cosmetic updating.
This property features rare, unobstructed lake and mountain views from an expansive backyard, offering a premium resort-style living experience that is highly sought after in the desert.
Situated in one of the few STR-approved communities with low HOA fees, this home is perfectly positioned for high-yield short-term rental income or as a versatile vacation retreat.
The property includes significant infrastructure improvements, such as HVAC systems replaced approximately five years ago and an upgraded electrical panel, reducing immediate maintenance concerns.
The residence is priced to reflect the need for cosmetic modernizing, meaning buyers will likely need to budget for interior renovations to bring the home up to contemporary standards.
With a lot size of 3,920 sq. ft. relative to a 2,157 sq. ft. home, the outdoor space is somewhat limited, which may constrain the scale of a future private pool or spa installation.
Lakefront Retreat | Exceptional Value & Prime Investment Opportunity.One of the best values on the lake, this 3-bedroom, 3-bath lakefront residence offers 2,157 sq. ft. of light-filled living space on one of the largest lots available for this model. Combining space, privacy, and outstanding upside potential, the property is perfectly suited as a primary residence, vacation retreat, second home, or income-producing investment in one of the area's few STR-approved communities.The open-concept floor plan centers around a spacious great room with wet bar and a gourmet kitchen with pantry, all seamlessly connected to the outdoor living areas. The expansive paver-finished backyard captures stunning, unobstructed lake and mountain views and offers ample space to enjoy as-is or create your dream pool and spa.The oversized primary suite features a private balcony, generous walk-in closet. Two additional spacious guest bedrooms are thoughtfully separated and share a full Jack-and-Jill bath. An interior laundry room and oversized 2-car garage complete the home.Additional upgrades include custom wood blinds, ceiling fans, LED lighting, upgraded electrical panel, decorative pavers, security system, and HVAC systems replaced approximately five years ago. Offered furnished per inventory and priced to allow for cosmetic updating, this property presents immediate value and excellent rental potential.Located within Terra Lago, a private guard-gated, non-age-restricted community featuring a stunning 20-acre lake, resort-style pool and spa, fitness center, and 10,000 sq. ft. clubhouse, residents also benefit from approved short-term rentals and a low HOA fee that enhances long-term investment appeal. An exceptional opportunity to own a lakefront property with tremendous value in a premier resort community.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 5.2 mi
Grades 9-12 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,157 | 2,143 | 55% |
| Lot Size | 3,920 | 7,841 | 0% |
| Price | $650.0K | $552.5K | 75% |
| Price per sq ft | $301 | $273 | 73% |
| Built year | 2006 | 2006 | 50% |
| HOA | $325.0 | $300 | 55% |
| Days on market | 16 | 168 | 0% |
May 20, 2026
$650,000
Initial Listing
May 24, 2013
$244,000
Public Record