RealKey
‪(213) 433-7766‬

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
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

Possibly Over-Priced:The estimated price is 19% below the list price. We found 4 Cons,6 Pros. Rank: price - $649.0K(69th), sqft - 1915(35th), beds - 5(95th), baths - 2(48th).

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
12/03/25
Listing
$649,000
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 features a newly installed pool and spa (completed Oct 2024), the interior, particularly the kitchen and bathrooms, appears largely original to the build year. The kitchen has older style oak cabinets, laminate countertops, and appliances that seem to be from the original construction or an older update. The bathrooms also feature builder-grade finishes consistent with the 2005 era, such as standard vanities and shower/tub combos. The flooring is a mix of tile and carpet, which also appears dated. There are no indications of recent major interior renovations. The major systems (HVAC, water heater, etc.) are likely original and approaching the end of their expected lifespan, as noted in the property analysis. This places the property in the 'fair' category, as it is maintained but requires minor updates to modernize the interior and address aging systems.
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 Restrictions: The property is a rare no-HOA offering, providing investors full operational freedom without restrictions, approvals, or limitations, which is highly advantageous for short-term rentals.
Prime Short-Term Rental Location: Positioned in a rental-driven location, minutes from Fantasy Springs Resort Casino, Coachella/Stagecoach festival grounds, and Acrisure Arena, allowing owners to capitalize on strong rental demand.
New Pool and Spa: Features a newer pool and spa, completed in October 2024 with all-new equipment, creating immediate and strong rental appeal for guests.
Large Lot with Expansion Potential: The spacious 8,276 sq ft lot offers significant 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 Bedroom Count for STR: With 5 bedrooms, the home is well-suited to support larger groups and higher occupancy, providing flexible rental layouts ideal for short-term rental income maximization.

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.
Low Bathroom-to-Bedroom Ratio: The property offers only 2 bathrooms for 5 bedrooms, which is a low ratio for a home targeting larger groups and could impact guest comfort and overall rental appeal for short-term stays.
Potential for Dated Interior Finishes: While exterior upgrades are highlighted, the description does not mention recent interior renovations (e.g., kitchen, main bathrooms), suggesting finishes may be original to 2005 and could require updating to maximize short-term rental rates.
Age of Major Home Systems: Built in 2005, the home's major systems (e.g., HVAC, roof, water heater) are 19 years old and likely original, indicating potential for significant maintenance or replacement costs in the near future.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state