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43820 Cape Cod Court, Indio, California 92203, Indio, 92203 - 5 bed, 2 bath

43820 Cape Cod Court, Indio, California 92203 home-pic-0
ACTIVE$649,000
43820 Cape Cod Court, Indio, California 92203
5Beds
2Baths
1,915Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($503,095.095) is $145,904.905 (22%) lower than the list price ($649,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1915.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$649.0K vs avg $570.5K (+$78,500)69%
Size:1,915 sqft vs avg 2,147 sqft36%
Price/sqft:$339 vs avg $27484%

More Insights

Built in 2005 (20 years old).
Condition: The property was built in 2005, making it 19 years old. While the exterior boasts a newly completed pool and spa (October 2024) and the overall exterior appears well-maintained, the interior, particularly the kitchen and bathrooms, reflects its original construction era. The kitchen features light wood cabinetry, dark countertops, and stainless steel appliances that are functional but not modern. Similarly, the bathrooms have standard light wood vanities and fixtures typical of a 2005 build. The flooring is a mix of tile and carpet, which appears clean but not recently updated. There's no indication of extensive interior renovations to bring the kitchen and bathrooms up to current styles and features. Major systems like HVAC and roofing are not mentioned as updated and would be nearing the end of their expected lifespan. Therefore, the home is aged but maintained, with functional components that show signs of being outdated, aligning with a 'Fair' condition score.
Year Built
2005
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$339
HOA
-
Days on market
-
Sold On
-
MLS number
219139471DA
Home ConditionFair
Features
Good View:
Pool
Spa
Patio
View-

About this home

Investors, this is the opportunity you've been waiting for.Welcome to 43820 Cape Cod Court, a rare no-HOA property positioned in one of Indio's most rental-driven locations. Offering 5 bedrooms, 2 bathrooms, and 1,915 sq ft on a spacious 8,276 sq ft lot, this home gives investors the freedom, scale, and flexibility that surrounding communities simply cannot offer.Located directly beside Terra Lago, a community known for strong short-term rental performance, this property allows owners to capitalize on similar rental demand without any HOA restrictions, approvals, or limitations. The ability to leverage Terra Lago comps while maintaining full operational freedom is an advantage not often found in this price range.A newer pool and spa, completed in October 2024 with all-new equipment, create immediate rental appeal. The oversized backyard offers room for high-value amenities, including the potential for a pickleball court, expanded outdoor entertaining, or future square-footage additions, ideal for investors focused on maximizing nightly rates and long-term appreciation.The garage features epoxy flooring, making it ready for a game-room conversion, one of the most reliable revenue-boosting upgrades for STR properties. With five full bedrooms, the home supports larger groups, higher occupancy, and flexible rental layouts.Prime location adds to the investment upside. The property is minutes from Fantasy Springs Resort Casino, close to the Coachella and Stagecoach festival grounds, and approximately 25 minutes from Acrisure Arena, a major regional draw for concerts, sports, and events.No HOA. Large lot. New pool. Expansion potential. STR-friendly layout. Proximity to major venues.43820 Cape Cod Court delivers the flexibility and income potential investors look for, but rarely find all in one property.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•0.7mi
4/10
Desert Ridge Academy
Public,•6-8•4.9mi
5/10
Shadow Hills High School
Public,•9-12•4.7mi

Price History

Date
Event
Price
08/11/21
Sold
$445,000
03/28/14
Sold
$230,000
05/08/09
Sold
$180,000
10/31/05
Sold
$397,000
Condition Rating
Fair
The property was built in 2005, making it 19 years old. While the exterior boasts a newly completed pool and spa (October 2024) and the overall exterior appears well-maintained, the interior, particularly the kitchen and bathrooms, reflects its original construction era. The kitchen features light wood cabinetry, dark countertops, and stainless steel appliances that are functional but not modern. Similarly, the bathrooms have standard light wood vanities and fixtures typical of a 2005 build. The flooring is a mix of tile and carpet, which appears clean but not recently updated. There's no indication of extensive interior renovations to bring the kitchen and bathrooms up to current styles and features. Major systems like HVAC and roofing are not mentioned as updated and would be nearing the end of their expected lifespan. Therefore, the home is aged but maintained, with functional components that show signs of being outdated, aligning with a 'Fair' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1915.
No HOA & STR-Friendly Location: A rare no-HOA property in a rental-driven location, allowing full operational freedom and the ability to capitalize on strong short-term rental demand, leveraging comps from the adjacent Terra Lago community.
Prime Event Proximity: Strategically located minutes from Fantasy Springs Resort Casino, Coachella/Stagecoach festival grounds, and Acrisure Arena, ensuring consistent demand for short-term rentals.
New Pool and Spa: Features a newer pool and spa, completed in October 2024 with all-new equipment, providing immediate rental appeal and a significant draw for guests.
Large Lot & Expansion Potential: A spacious 8,276 sq ft lot offers ample room for high-value amenities like a pickleball court, expanded outdoor entertaining, or future square-footage additions, maximizing nightly rates and long-term appreciation.
High Occupancy & Revenue Boosting Features: With 5 bedrooms, the home supports larger groups and flexible rental layouts. The epoxy-floored garage is ready for a game-room conversion, a reliable revenue-boosting upgrade for STR properties.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Limited Bathroom-to-Bedroom Ratio: With 5 bedrooms and only 2 bathrooms, this ratio may be inconvenient for larger groups, potentially impacting guest satisfaction and maximum occupancy for short-term rentals.
Age of Core Systems (Unspecified): Built in 2005, the description highlights new pool/spa equipment but does not specify updates to other major systems (e.g., HVAC, roof, water heater), which could be original and nearing end-of-life, potentially requiring future capital expenditures.
Potential for Higher Operating Costs: The large lot, new pool, and potential for additional high-value amenities suggest higher ongoing maintenance, landscaping, and utility costs, which investors must factor into their budget.

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