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43240 Bacino Court, Indio, CA 92203
$999,900
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
2,157
Status:
Active
Current Price:
$999,900
List Date:
10/05/2026
Last Modified:
10/06/2026
Overview
Description
...
(Read more)
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
Supplements: ... (Read more) 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.
Listing Details MLS# 219153793
General Property Information
- Total Bedrooms
- 3
- Full Baths
- 2
- Approx SqFt
- 2157
- Total Baths
- 3
- SqFt Source
- Assessor
- Fireplace
- Yes
- Total Fireplaces
- Yes
- Pool
- Yes
- Garage
- Yes
- Garage Description
- Attached
- Sprinklers
- No
- Building # of Stories
- 2
- Lot Size Source
- Assessor
- Year Built
- 2006
- Furnished
- Furnished
- Cross Streets
- Golf Park center
Property Features
Sale Type:
Standard
Listing Terms:
Cash to New Loan
Possession:
Close Of Escrow
Lot Location:
Lake Front
View Type:
Mountain(s); Water
Waterfront:
Lake
Property Orientation Faces:
Front Door Faces West; Leisure Faces East
Other Structural Features:
Balcony
Property Condition:
Additions/Alterations
Fencing:
Block
Disclosures:
CC & R
Community Features:
Community Boat Ramp; Community Dock
Levels:
Two
Appliances:
Dishwasher; Dryer; Ice Maker; Microwave Oven; Refrigerator; Washer
Built-In BBQ:
Gas
Flooring:
Vinyl
Cooling Type:
Air Conditioning
Pool Location:
Private
Pool Construction:
In Ground
Pool Description:
Salt Water
Heating:
Central
Fireplace Location:
Family Room
Fireplace Features:
Gas
Rooms:
Media
Security Safety:
24 Hour Security; Gated Community
Sewer:
In, Connected and Paid
Parking:
Direct Entrance; Garage Door Opener
Association 1 Frequency:
Monthly
Association Amenities:
Banquet Facilities; Barbecue; Billiard Room; Clubhouse; Fitness Center; Greenbelt/Park; Guest Parking; Lake or Pond; Playground
Land Lease Type:
Fee Simple
Listing Location and Property Info
- APN
- 696070056
- Original List Price
- 999900
- Property Sub-Type
- Single Family Residence
- Street #
- 43240
- Street Name
- Bacino
- Street Suffix
- Court
- County
- Riverside
- State
- CA
- Zip Code
- 92203
- Area
- 309 - Indio North of I-10
- Country
- US
Listing Info
- Short Term Rentals
- Yes
- Rental Restrictions
- No
- Will Consider Lease
- No
Tax Info
- Tax Mello Roos
- Yes
Property Info
- Golf Course Within Development
- No
- Senior Community
- No
- Gated Community
- Yes
- PUD Y/N
- No
- Total Monthly Association Fees
- 285
More Information
Status Change Info
- Status Change Date
- 2026-10-05
Parking SpacesInformation
- Total Garage Spaces
- 2
- Total Parking Spaces
- 4
HOA Information
- HOA
- Yes
- HOA Fee 1
- 285
DPR
- DPR Eligible
- No
Listing Office:
HomeSmart
Listing Agent:
David Colin
Last Updated: October - 06 - 2026
Information deemed reliable but not guaranteed.
