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

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

Price Vs. Estimate

The estimated value ($1,043,718.95) is $55,281.05 (5%) lower than the list price ($1,099,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: The property boasts a proven track record as a successful short-term rental, generating $154K in revenue since February 2024, with transferable future bookings, offering a turnkey investment opportunity.
Top Cons:
Additional Cost for Game Room: The $35K arcade/game room is available for purchase separately, representing a significant additional investment if desired by the buyer.

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: Despite being built in 2006, this property has undergone extensive and recent upgrades, including a new $14K HVAC system, new dishwasher, and upgraded pool equipment. The interior features beautifully upgraded, modern aesthetics with new-looking flooring, contemporary light fixtures, and updated kitchen and bathroom components. The kitchen boasts modern stainless steel appliances, clean countertops, and stylish cabinetry, while the bathrooms feature modern vanities and fixtures. The overall condition reflects a property that is virtually new in its functional and aesthetic quality, with no visible deferred maintenance, aligning with the 'excellent' criteria for extensive recent renovations.
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
SR25226527
Home ConditionExcellent
Features
Excellent View: Lake, Neighborhood, Water
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

Despite being built in 2006, this property has undergone extensive and recent upgrades, including a new $14K HVAC system, new dishwasher, and upgraded pool equipment. The interior features beautifully upgraded, modern aesthetics with new-looking flooring, contemporary light fixtures, and updated kitchen and bathroom components. The kitchen boasts modern stainless steel appliances, clean countertops, and stylish cabinetry, while the bathrooms feature modern vanities and fixtures. The overall condition reflects a property that is virtually new in its functional and aesthetic quality, with no visible deferred maintenance, aligning with the 'excellent' criteria for extensive recent renovations.
Pros & Cons

Pros

Exceptional Income Potential: The property boasts a proven track record as a successful short-term rental, generating $154K in revenue since February 2024, with transferable future bookings, offering a turnkey investment opportunity.
Premium Outdoor Living: Features 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.
Lakefront & Gated Community: Prime lakefront location within the highly desirable Terra Lago gated community, offering serene views and enhanced security.
Recent Upgrades & Inclusions: Includes a new $14K HVAC system, $3.5K in upgraded pool equipment, new dishwasher, $6K custom TV wall, and nearly all furniture ($7K value), making it move-in or rental-ready.
Golf Course Proximity: Nestled next to the renowned Terra Lago Golf Course, appealing to golf enthusiasts and enhancing the resort-style living experience.

Cons

Additional Cost for Game Room: The $35K arcade/game room is available for purchase separately, representing a significant additional investment if desired by the buyer.
Ongoing Association Fees: A monthly association fee of $325 adds to the recurring cost of ownership, which potential buyers must factor into their budget.
Modest Lot Size: With a lot size of 4,356 sq ft, the property offers limited outdoor space beyond the existing amenities, potentially restricting future expansion or extensive landscaping.

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