43240 Bacino Court, Indio, California 92203, Indio, 92203 - 3 bed, 3 bath

43240 Bacino Court, Indio, California 92203 home-pic-0
ACTIVE$1,099,000
43240 Bacino Court, Indio, California 92203
3Beds
3Baths
2,157Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($1,037,393.655) is $61,606.345 (5%) lower than the list price ($1,099,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: Proven successful short-term rental with $154K revenue since February 2024 and transferable future bookings, making it a turnkey investment opportunity.
Top Cons:
Arcade/Game Room Not Included: A significant and desirable amenity (valued at $35K) is available for purchase separately, adding to the total acquisition cost if desired.

Compared to the nearby listings

Price:$1.10M vs avg $570.5K (+$528,500)97%
Size:2,157 sqft vs avg 2,152 sqft50%
Price/sqft:$510 vs avg $274100%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property has undergone extensive and recent upgrades, as evidenced by the 'beautifully upgraded interiors,' new HVAC system, new dishwasher, and upgraded pool equipment. The kitchen features modern pink cabinetry, white solid-surface countertops, stainless steel appliances, and contemporary lighting, all in pristine condition. Bathrooms showcase modern vanities, fixtures, and clean finishes. Flooring throughout is a light, wide-plank style, appearing new and well-maintained. The vibrant and highly stylized interior, while a specific design choice, is executed with high quality and appears virtually new, indicating a comprehensive renovation that meets current standards with no deferred maintenance.
Year Built
2006
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$510
HOA
$325
Days on market
-
Sold On
-
MLS number
SR25222552
Home ConditionExcellent
Features
Excellent View: Lake, Neighborhood, Water
Deck
Pool
Spa
Patio
ViewLake, Neighborhood, Water

About this home

Welcome to 43240 Bacino Court, Indio, CA 92203! Discover luxury living and proven investment potential in this stunning 2-story, 3-bedroom, 3-bathroom lakefront home located in the highly desirable Terra Lago gated community. With 2,157 sq. ft. of beautifully upgraded interiors and exceptional outdoor amenities, this residence is perfectly designed for both personal enjoyment and vacation rental success. Step outside to your own private oasis, featuring a custom saltwater pool and spa, outdoor misters, fire pit, built-in barbecue, covered TV lounge, and spacious dining areas, all set against beautiful lake and mountain views. Inside, the home is equally impressive with a built-in bar, laundry room, a new $14K HVAC system, $3.5K in upgraded pool equipment, new dishwasher, and a $6K custom TV wall. Nearly all furniture (valued at $7K) is included, making this a move-in or rental-ready opportunity. The master suite offers a master bathroom , a walk- in closet, a vanity hallway, and its own private patio overlooking the lake, while the oversized garage and driveway comfortably accommodate up to four vehicles. Currently operating as a successful turnkey short term rental business with $154K in revenue since February 2024. Future bookings are transferable if buyer chooses to stay with same property management company. The property features 6 beds, and can accommodate 10 guests. Additional highlights include a separate $35K arcade/game room with pool table and air hockey (available for purchase separately). Nestled next to the renowned Terra Lago Golf Course, this property offers the rare combination of serene lakefront living, resort-style amenities, and strong short-term rental income—making it an ideal choice as both a private retreat and an income-generating investment.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.3mi
4/10
Desert Ridge Academy
Public,6-85.2mi
5/10
Shadow Hills High School
Public,9-125.0mi
Condition Rating
Excellent

Built in 2006, this property has undergone extensive and recent upgrades, as evidenced by the 'beautifully upgraded interiors,' new HVAC system, new dishwasher, and upgraded pool equipment. The kitchen features modern pink cabinetry, white solid-surface countertops, stainless steel appliances, and contemporary lighting, all in pristine condition. Bathrooms showcase modern vanities, fixtures, and clean finishes. Flooring throughout is a light, wide-plank style, appearing new and well-maintained. The vibrant and highly stylized interior, while a specific design choice, is executed with high quality and appears virtually new, indicating a comprehensive renovation that meets current standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: Proven successful short-term rental with $154K revenue since February 2024 and transferable future bookings, making it a turnkey investment opportunity.
Resort-Style Outdoor Living: Features a custom saltwater pool and spa, outdoor misters, fire pit, built-in barbecue, covered TV lounge, and spacious dining areas, ideal for entertainment.
Prime Lakefront Location & Views: Situated in the highly desirable Terra Lago gated community with beautiful lake and mountain views, enhancing its appeal and value.
Extensive Recent Upgrades: Includes a new $14K HVAC system, $3.5K in upgraded pool equipment, new dishwasher, and a $6K custom TV wall, reducing immediate maintenance needs.
Move-in/Rental Ready: Nearly all furniture (valued at $7K) is included, offering immediate occupancy or rental operation without significant additional setup costs.

Cons

Arcade/Game Room Not Included: A significant and desirable amenity (valued at $35K) is available for purchase separately, adding to the total acquisition cost if desired.
Ongoing Association Fees: The property is subject to a $325 monthly association fee, which adds to the recurring ownership costs and impacts net income for investors.
Short-Term Rental Market Volatility: While currently successful, reliance on short-term rental income carries inherent risks due to potential changes in regulations, market demand, and increased competition.

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