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43240 Pietra Ct, Indio, CA 92203

Sale Price: $1,060,000
Apr 2, 20252,697 sqft4 beds4 baths
Listed by: David Colin
License #: 01710306
Phone #: (760) 702-4908
HomeSmart
Source:
CRMLS Logo
MLS #: 219127687DA

Property Description

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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,090

TurboHome Estimated Value

$1,040,500

$386 sqft

High Valuation
$1,092,525
$405/sqft
Normal Valuation
$1,040,500
$386/sqft
Low Valuation
$988,475
$367/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$386/sqft$1,040,500

Neighborhood: Terra Lago

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Comparative Value

$689K

$815K

$950K

$1.06M

$1.07M

43241 Pietra Ct, Indio, CA 92203

Sale Price: $689,000

Selected Comparable

84656 Litorale Ct, Indio, CA 92203

Sale Price: $815,000

Selected Comparable

43092 Passagio Lago Way, Indio, CA 92203

Sale Price: $950,000

Selected Comparable

84621 Lago Breeza Dr, Indio, CA 92203

Sale Price: $960,000

Selected Comparable

43240 Pietra Ct, Indio, CA 92203

Sale Price: $1,060,000

Selected Comparable

43240 Pietra Ct, Indio, CA 92203

List Price: $1,075,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
43240 Pietra Ct, Indio, CA 92203

43240 Pietra Ct, Indio, CA 92203

List: $1,075,000

Listed: 4/2/2025

Area:2,697 sqft
Price/sqft:$399
Beds:4
Baths:4
Year Built:
Lot Size:4,356

Comparable Properties

COMPARABLE
Choose comps
43240 Pietra Ct, Indio, CA 92203

43240 Pietra Ct, Indio, CA 92203

Sale: $1,060,000

8/19/20250.00 mi

Area:2,697 sqft
Price/sqft:$393
Beds:4
Baths:4
Year Built:
Weight:22.9%
84621 Lago Breeza Dr, Indio, CA 92203

84621 Lago Breeza Dr, Indio, CA 92203

Sale: $960,000

8/18/20250.12 mi

Area:2,416 sqft
Price/sqft:$397
Beds:4
Baths:4
Year Built:
Weight:21.2%
43241 Pietra Ct, Indio, CA 92203

43241 Pietra Ct, Indio, CA 92203

Sale: $689,000

3/18/20250.03 mi

Area:2,416 sqft
Price/sqft:$285
Beds:4
Baths:4
Year Built:
Weight:20.1%
84656 Litorale Ct, Indio, CA 92203

84656 Litorale Ct, Indio, CA 92203

Sale: $815,000

3/28/20250.18 mi

Area:2,416 sqft
Price/sqft:$337
Beds:4
Baths:4
Year Built:
Weight:19.6%
43092 Passagio Lago Way, Indio, CA 92203

43092 Passagio Lago Way, Indio, CA 92203

Sale: $950,000

7/18/20250.18 mi

Area:2,697 sqft
Price/sqft:$352
Beds:5
Baths:5
Year Built:
Weight:16.1%

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