43240 Bacino CT Indio, CA 92203
3 Beds
2 Baths
2,157 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,157 sqft
Price per Sqft $463
Subdivision Terra Lago
MLS Listing ID 219153793
Bedrooms 3
Full Baths 2
HOA Fees $285/mo
HOA Y/N Yes
Year Built 2006
Lot Size 4,356 Sqft
Property Sub-Type Single Family Residence
Property Description
This fully established 3-bedroom, 3-bath, 2,157-square-foot lakefront retreat generated $131,000 in verified gross rental revenue in 2025 and is currently on pace to exceed that performance in 2026. Unlike a speculative STR purchase where the buyer must renovate, furnish, build reviews and establish a rental history, this property already has the amenities and proven performance guests are looking for.
The outdoor space is the centerpiece: a private saltwater pool and spa, expansive lake and mountain views, commercial-grade misters, lakeside fire pit, built-in BBQ, covered outdoor TV lounge and multiple entertaining areas create a true resort-style guest experience. Inside, the property features an open entertaining layout, custom bar, upgraded finishes, custom TV wall and a private primary-suite balcony overlooking the water. An arcade/game-room component further enhances the property's appeal to vacation-rental guests. The home accommodates up to 10 guests and has been thoughtfully positioned to compete in Indio's event-driven STR market.
For investors focused on tax efficiency, the numbers become even more compelling. Public tax records currently allocate approximately $302,757 to land and $706,429 to improvements, meaning roughly 70% of the current assessed value is attributed to improvements rather than non-depreciable land. A buyer should have their CPA and cost-segregation specialist establish the appropriate allocation at acquisition, but the property's substantial building and amenity basis--including the pool, spa, outdoor improvements, furnishings and qualifying components--could make it an attractive candidate for a cost-segregation study and accelerated depreciation, subject to the buyer's individual tax situation.
Compass
For a 1031 exchange buyer, this is an opportunity to move equity into an established income-producing vacation rental rather than starting from scratch. For the hybrid buyer, it offers something equally compelling: a lakefront desert residence that can be personally enjoyed while producing meaningful rental income when not in use. And for an investor looking to enter the STR market, the property provides a documented operating history and an established guest-oriented amenity package.
Located within gated Terra Lago, adjacent to the golf course and minutes from the attractions and major events that drive Coachella Valley tourism, this is more than a furnished vacation home--it's an opportunity to acquire a proven hospitality asset with six-figure gross revenue, significant depreciable improvements, and continued upside.
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Central
Cooling Air Conditioning
Fireplaces Number 1
Fireplaces Type Gas
Furnishings Furnished
Fireplace true
Exterior
Exterior Feature Balcony
Parking Features true
Garage Spaces 2.0
Fence Block
Pool Private, Salt Water, In Ground
Waterfront Description Lake
View Y/N true
View Mountain(s), Water
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer In, Connected and Paid
Level or Stories Two
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard