43240 Bacino Court, Indio, CA 92203
Local realty services provided by:Better Homes and Gardens Real Estate Champions
43240 Bacino Court,Indio, CA 92203
$999,900
- 3 Beds
- 3 Baths
- 2,157 sq. ft.
- Single family
- Active
Listed by: david colin
Office: homesmart
MLS#:219153793
Source:CA_DAMLS
Price summary
- Price:$999,900
- Price per sq. ft.:$463.56
- Monthly HOA dues:$285
About this home
A rare opportunity to acquire a proven, high-performing lakefront short-term rental in Terra Lago--positioned for the investor who understands that the best STR acquisitions combine documented revenue, differentiated amenities, a strong depreciation basis, and the ability to perform from day one.
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...
Contact an agent
Home facts
- Year built:2006
- Subdivision & Development:Terra Lago
- Listing ID #:219153793
- Added:4 day(s) ago
- Updated:October 10, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Flooring:Vinyl
- Living area:2,157 sq. ft.
Heating and cooling
- Cooling:Air Conditioning
- Heating:Central
Structure and exterior
- Year built:2006
- Building area:2,157 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Lake Front
- Levels:2 Story, Two Levels
Utilities
- Sewer:Connected and Paid, In
Finances and disclosures
- Price:$999,900
- Price per sq. ft.:$463.56
Features and amenities
- Appliances:Microwave Oven, Refrigerator, Washer
- Amenities:24 Hour Security, Furnished, Gated Community
- Pool features:In Ground, Private, Salt Water
Parking
- Parking description:Attached Garage, Direct Entrance, Garage, Garage Door Opener, Guest Parking
- Garage spaces:2
New listings near 43240 Bacino Court
- New
$215,000Active3 beds 2 baths1,440 sq. ft.46618 Madison Street #73, Indio, CA 92201
MLS# 219154114Listed by: COLDWELL BANKER REALTY - New
$239,000Active2 beds 1 baths704 sq. ft.82567 Avenue 48 #1, Indio, CA 92201
MLS# 219154096DAListed by: DESERT SANDS REALTY - New
$380,000Active2 beds 2 baths1,301 sq. ft.49601 Lincoln, Indio, CA 92201
MLS# SW26219965Listed by: NEW PALACE REALTY - New
$380,000Active2 beds 2 baths1,301 sq. ft.49601 Lincoln, Indio, CA 92201
MLS# SW26219965Listed by: NEW PALACE REALTY - New
$380,000Active2 beds 2 baths1,301 sq. ft.49601 Lincoln, Indio, CA 92201
MLS# SW26219965Listed by: NEW PALACE REALTY - New
$618,800Active2 beds 4 baths2,708 sq. ft.43328 Molvena Drive, Indio, CA 92203
MLS# 219154086DAListed by: COMPASS - New
$439,000Active2 beds 2 baths1,707 sq. ft.44020 Royal Troon, Indio, CA 92201
MLS# SR26219502Listed by: RODEO REALTY - New
$899,000Active3 beds 3 baths2,719 sq. ft.45327 Crystal Springs Drive, Indio, CA 92201
MLS# 219154072DAListed by: REAL BROKERAGE TECHNOLOGIES - New
$715,000Active4 beds 2 baths1,898 sq. ft.80708 Foxglove Lane, Indio, CA 92201
MLS# GD26219247Listed by: JOHNHART REAL ESTATE - New
$399,000Active2 beds 2 baths1,294 sq. ft.51875 Ponderosa Drive, Indio, CA 92201
MLS# 219154053Listed by: MARY CHRISTINE CHAMPION