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For sale
  • Listing Provided by: 

    David Colin DRE #01710306 760-702-4908,

    HomeSmart

    Price cut: $50K (5/19)
    $1,075,000

    43240 Pietra Ct, Indio, CA 92203

    4beds
    2,697sqft
    : 
    Single Family Residence
    Built in 2022
    4,356 Square Feet Lot
    $1,048,600 Zestimate®
    $399/sqft
    $300/mo HOA

    What's special

    Incredible Opportunity: Premier desert Lakeside home in Terra Lago.Unlock the door to unparalleled luxury and outstanding investment potential with one of the most coveted lots in Terra Lago Lake! This exceptional property boasts **unobstructed panoramic views** of the shimmering lake and majestic mountains, offering an idyllic backdrop for guests seeking the finest in short-term rentals. Nestled in a welcoming and **short-term rental-friendly community**, this listing comes with **NO rental restrictions**, perfect for investors looking to capitalize on the lucrative vacation rental market. Imagine initiating a **1031 tax exchange** on a property that could generate a remarkable **10-20% cap return** on investment!This lakeside gem features:- **Infinity pool** ideal for soaking up the sun and enjoying breathtaking views.- A spacious lot that allows for outdoor enjoyment, whether it's lounging by the pool or creating a safe haven for kids to play.- An impressive interior with a **grand entrance** and a stunning **spiraling staircase** leading to 4 luxurious ensuite bedrooms, ensuring privacy and comfort for all guests. - A versatile loft space that can easily convert into a **5th bedroom**, adding even more value.This home comes **designer furnished** and is poised for immediate takeover, allowing you to begin generating passive income from day one! With smaller homes in the area achieving up to **$130,000** in annual gross rental income, this remarkable property has the potential to significantly outperform that benchmark.Located in the vibrant city of festivals, you'll be just minutes away from the iconic Coachella and Stagecoach festivals each April, as well as the renowned BNP tennis tournament, ensuring that your guests will always have something to celebrate!Don't miss this rare chance to enhance your real estate portfolio with this **investment marvel**. Contact us today to seize this opportunity for luxury living and exceptional returns in one of the most sought-after locations!
    55 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2025 at 05:08am

    Listing Provided by:

    David Colin DRE #01710306 760-702-4908,

    HomeSmart

    Source: CRMLS,MLS#: 219127687DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Family Room
    Heating
    • Central, Natural Gas
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Carpet, Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,697 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Fencing: Block,Fenced
    • Has view: Yes
    • View description: Lake, Pool, Panoramic, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 4,356 Square Feet
    • Features: Sprinklers Drip System
    Details
    • Parcel number: 696070064
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2022

    Community & HOA

    Community
    • Security: 24 Hour Security, Gated Community, Security Gate
    • Subdivision: Terra Lago
    HOA
    • Has HOA: Yes
    • Amenities included: Banquet Facilities, Playground, Fitness Center, Billiard Room
    • HOA fee: $300 monthly
    Location
    • Region: Indio

    Financial & listing details

    • Price per square foot: $399/sqft
    • Tax assessed value: $809,126
    • Annual tax amount: $14,078
    • Date on market: 4/2/2025
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