43876 Salpare Way, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath
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Indio, California 92203
This property presents a High-Potential Investment Opportunity with a List Price of $1,025,000—positioned well below the $1,028,372 Fair Market Value by 0.33%. Featuring a 3,142 sqft floor plan with a private pool and spa, this Condition Rating 3 asset is a proven short-term rental generating over $115,000 in annual income. With its unique space-themed design and unobstructed mountain views, it offers immediate cash flow for Buy-and-Hold Investors or a distinctive vacation retreat for Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43876 Salpare Way Subject | $1,025,000* List Price | 4 | 3 | 3,142 | $327 | - |
A 84450 Onda Drive Sold | $800,000 | 4 | 3 | 2,478 | $323 | 0.4 mi |
B 42776 Del Lago Court Sold | $915,000 | 5 | 3 | 2,431 | $376 | 0.6 mi |
C 84170 Caviano Drive Sold | $730,000 | 4 | 3 | 2,084 | $350 | 0.9 mi |
D 43597 Spiaggia Place Sold | $725,000 | 3 | 3 | 2,595 | $279 | 0.2 mi |
E 42836 Del Lago Court Active | $985,000 List Price | 5 | 3 | 2,431 | $405 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls into the 20-year age bracket but has been well-maintained and partially updated for use as a high-performing short-term rental. The kitchen features updated cabinetry and backsplash, and the interior shows newer flooring and modern finishes. The exterior, pool, and systems appear functional and move-in ready, meeting the criteria for a well-maintained property of its age.
The property is a highly successful short-term rental generating over $115,000 in gross annual income, offering a turnkey opportunity with established future bookings and a proven ROI.
The unique 'Desert Planet' space theme and custom murals create a memorable guest experience that differentiates this listing from standard rentals in the competitive Terra Lago community.
Positioned to capture unobstructed eastern mountain views, the outdoor space features a private pool and spa, maximizing the desert resort lifestyle sought by high-end vacationers.
The highly specific thematic decor may limit the property's appeal to traditional primary-residence buyers, potentially requiring significant cosmetic updates for those not interested in the rental market.
While elementary education is nearby, the assigned middle and high schools are located over five miles away, which may be a logistical drawback for families considering the home for long-term residency.
Welcome to Desert Planet, a one-of-a-kind space themed SHORT TERM VACATION RENTAL opportunity inside the highly sought after community of Terra Lago. Offered turnkey furnished and fully equipped for short term rental use with future bookings, this property is designed to stand out in a crowded vacation rental market.From the custom murals to the unobstructed eastern mountain views overlooking the pool and spa, this home was built to create a memorable guest experience that keeps visitors coming back. Every detail was designed with both entertainment and functionality in mind.Inside, the home features a spacious open-concept floor plan connecting the updated kitchen, dining, and living spaces, making it ideal for hosting larger groups. The property offers 4 bedrooms, 3 bathrooms, and potential for a 5th bedroom conversion to maximize occupancy and income potential.Already operating as a successful short term rental, the property generated more than $115,000 in gross rental income from May 2025 through April 2026. Whether you're looking to expand your investment portfolio or purchase a vacation home with proven income history, Desert Planet offers a rare opportunity to own a truly distinctive property in Terra Lago.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 5.6 mi
Grades 9-12 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 3,142 | 2,143 | 90% |
| Lot Size | 8,712 | 7,841 | 64% |
| Price | $1.02M | $552.5K | 93% |
| Price per sq ft | $326 | $273 | 85% |
| Built year | 2005 | 2006 | 34% |
| HOA | $325.0 | $300 | 55% |
| Days on market | 20 | 168 | 0% |
May 17, 2026
$1,025,000
Initial Listing
Aug 3, 2022
$1,010,000
Public Record
Sep 18, 2020
$530,000
Public Record
Mar 11, 2010
$223,000
Public Record
May 23, 2006
$542,500
Public Record