
Indio, California 92203
This Turnkey Lakefront STR Asset is listed at $1,150,000, representing a stable acquisition at its $1,150,000 Fair Market Value. Built in 2022 with a Condition Rating of 2, the property features a private infinity-edge pool, movie theater, and panoramic mountain views. It delivers a proven $120,000 annual gross income within the gated Terra Lago community, served by Shadow Hills High School. This fully stabilized destination property offers immediate cash flow with zero setup required. It is an ideal match for Buy-and-Hold Investors or Luxury Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43250 Pietra Court Subject | $1,150,000* List Price | 4 | 5 | 2,697 | $426 | - |
A 43220 Portuale Court Sold | $1,050,000 | 4 | 3 | 2,416 | $435 | 0.1 mi |
B 43173 Bacino Court Sold | $1,015,000 | 3 | 3 | 2,274 | $446 | 0.1 mi |
C 42871 Beato Drive Sold | $1,060,000 | 4 | 3 | 2,338 | $453 | 0.3 mi |
D 84681 Litorale Active | $1,200,000 List Price | 4 | 5 | 2,697 | $445 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property meets the highest standards of modern construction and design. The kitchen features premium upgrades including quartz waterfall countertops, a designer backsplash, and high-end stainless steel appliances. With ensuite bathrooms for every bedroom, a spa-inspired primary bath, and specialized luxury amenities like a movie theater and infinity pool, the home shows no signs of wear and functions as a brand-new, turnkey asset.
This turnkey asset features a documented two-year short-term rental history generating approximately $120,000 in annual gross income, providing immediate cash flow for investors.
The property is professionally optimized for entertainment with a private infinity-edge pool, a dedicated movie theater, and a game room, significantly driving guest demand and repeat bookings.
The floor plan is expertly designed for high-capacity stays, featuring ensuite bathrooms for every bedroom and a bonus bunk room that maximizes sleeping arrangements and rental flexibility.
At just 4,356 square feet, the lot is relatively small, which may result in limited outdoor privacy and a high-density feel common in resort-style developments.
The property's value is heavily tied to its short-term rental performance, making it vulnerable to potential future changes in local Indio STR ordinances or HOA restrictions.
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. 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 with four queen-size bunk beds significantly increases sleeping capacity and rental flexibility.Additional highlights include a massive movie-theater-style room with reclining chairs and surround sound, a game room with commercial-grade arcade games, built-in BBQ, firepit, 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 is fully stabilized, professionally operated, and 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 43199 Portuale Court, 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 • 1.3 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 | 4,356 | 7,841 | 2% |
| 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
Oct 6, 2023
$817,500
Public Record
Apr 23, 2021
$7,035,000
Public Record