43250 Pietra Court, Indio, California 92203, Indio, 92203 - 4 bed, 5 bath

43250 Pietra Court, Indio, California 92203 home-pic-0
ACTIVE$1,150,000$2,697/sqft
Est. Value: $1,159,156
%
FairlyEstimate
43250 Pietra Court, Indio, California 92203
4Beds
5Baths
2,697Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($1,159,155.755) is $9,155.755 (0%) lower than the list price ($1,150,000). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Income & Turnkey Investment: Established short-term rental with a proven 2+ year history, generating approximately $120,000 in annual gross income, professionally managed, and ready for immediate cash flow with all upgrades complete.
Top Cons:
Significant Price Appreciation Since Last Sale: The current list price of $1.15M represents a substantial increase from the last recorded sale of $817,500 in October 2023, which may require strong market justification.

Compared to the nearby listings

Price:$1.15M vs avg $565.0K (+$585,000)98%
Size:2,697 sqft vs avg 2,147 sqft82%
Price/sqft:$426 vs avg $27696%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it virtually new. The MLS description highlights 'upgraded' and 'high-quality finishes throughout,' which is strongly supported by the images. The kitchen features modern stainless-steel appliances, custom quartz countertops, a waterfall island, and designer backsplash. Bathrooms are spa-inspired with contemporary fixtures, including a freestanding tub, large walk-in showers, and stylish tile work. All components appear new, meet current quality standards, and show no signs of deferred maintenance or depreciation. The property also boasts extensive modern amenities like a home theater, game room, and outdoor pool/spa area, all in pristine condition.
Year Built
2022
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$426
HOA
$325
Days on market
-
Sold On
-
MLS number
219140824DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Panoramic
Deck
Pool
Spa
Patio
ViewLake, Mountain(s), Panoramic

About this home

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.

R
Ron Saporito
Listing Agent

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.3mi
4/10
Desert Ridge Academy
Public,6-85.3mi
5/10
Shadow Hills High School
Public,9-125.0mi

Price History

Date
Event
Price
10/06/23
Sold
$817,500
04/23/21
Sold
$7,035,000
Condition Rating
Excellent

This property was built in 2022, making it virtually new. The MLS description highlights 'upgraded' and 'high-quality finishes throughout,' which is strongly supported by the images. The kitchen features modern stainless-steel appliances, custom quartz countertops, a waterfall island, and designer backsplash. Bathrooms are spa-inspired with contemporary fixtures, including a freestanding tub, large walk-in showers, and stylish tile work. All components appear new, meet current quality standards, and show no signs of deferred maintenance or depreciation. The property also boasts extensive modern amenities like a home theater, game room, and outdoor pool/spa area, all in pristine condition.
Pros & Cons

Pros

Proven Income & Turnkey Investment: Established short-term rental with a proven 2+ year history, generating approximately $120,000 in annual gross income, professionally managed, and ready for immediate cash flow with all upgrades complete.
Premium Lakefront Location & Views: Ideally positioned directly on the water in the highly desirable Terra Lago community, offering breathtaking panoramic lake and mountain views.
Extensive Resort-Style Amenities: Features a private infinity-edge pool/spa, massive movie-theater-style room, game room with commercial-grade arcade games, built-in BBQ, and firepit, enhancing guest experience and driving repeat bookings.
Modern Construction & High-End Finishes: Built in 2022 with high-quality finishes, an upgraded gourmet kitchen with custom quartz and stainless steel, and a design optimized for natural light and seamless indoor-outdoor living.
Optimized Guest Capacity & Comfort: Four bedrooms, each with an ensuite bathroom, including a first-floor suite, plus a bonus room with four queen-size bunk beds, significantly increasing sleeping capacity and guest satisfaction.

Cons

Significant Price Appreciation Since Last Sale: The current list price of $1.15M represents a substantial increase from the last recorded sale of $817,500 in October 2023, which may require strong market justification.
Compact Lot Size: The 4,356 sqft lot is relatively small for a luxury property, potentially limiting outdoor expansion or privacy compared to properties with larger land parcels.
Recurring Association Fees: A monthly association fee of $325 adds to the ongoing operational expenses, impacting the overall profitability for an investor.
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