43240 Bacino CT Indio CA 92203 | MLS #219153793DA
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.CompassFor 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
Property Details
Price:
$999,900
MLS #:
219153793DA
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Terra Lago
Neighborhood:
309indionorthofeastvalley
Listed Date:
Oct 5, 2026
Finished Sq Ft:
2,157
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
2006
See this Listing
Schools
Interior
Appliances
DW, IM, MW, RF
Bathrooms
2 Full Bathrooms, 1 One Quarter Bathroom
Flooring
VINY
Heating
CF
Levels
U
Exterior
Attached Garage YN
1
Fencing
BW
Garage Spaces
2
Parking Spots
4
Parking Total
4
Security Features
_24HR, GC
Spa Features
IG, PVT
View
MT, WA
Financial
HOA Fee
$285
HOA Fee Frequency
MO
Map
Community
- Address43240 Bacino CT Indio CA
- SubdivisionTerra Lago
- CityIndio
- CountyRiverside
- Zip Code92203
Subdivisions in Indio
- Aldea at Jackson
- Aliante
- Anastacia
- Arabian Gardens
- BDCC Country
- Bella Tierra
- Bella Tierra 30925
- Bella Vida
- Bermuda Palms
- Boe Del Heights
- Bridge at Jefferson
- California Palms II
- Cheyenne Ranch
- Coronado Gardens
- Coronado Gardens 31414
- Desert Aire
- Desert Collection 30903
- Desert Gardens 31418
- Desert Grove
- Desert River Estates
- Desert Shores 31492
- Desert Trace
- Encanto
- Espana
- Espana 30926
- Estacio
- Four Seasons Terra Lago FSTL
- FourSeasonsTerraLago
- Foxstone
- Generations
- Haciendas
- Heritage Palms CC
- Heritage Palms CC 31430
- Heritage Palms Country Club
- Indian Gardens
- Indian Palms
- Indian Palms – 1420
- Indian Palms 31432
- Indian Springs
- Jackson Park
- La Quinta Ridge
- La Quinta Ridge 31441
- Las Brisas I
- Las Brisas II
- Las Brisas North
- Las Colinas
- Las Palmas Del La Qn
- Las Palmas Del La Quinta
- Madison Estates
- Madison Estates 31491
- Madison Ranch
- Montage at Santa Rosa
- Montego Dunes
- Monticello II
- Mountain Estates
- North Indio Rancho
- North Indio Rancho 30908
- Oasis Palms
- Outdoor Resorts CC
- Outdoor Resorts CC 31454
- Palazzo
- Palazzo 30909
- Palmwood
- Paradiso
- Park Madison
- Rancho Casa Blanca
- Rancho Casitas
- Rincon
- Saddleback
- Sandhurst Cove
- Sandhurst Cove 30912
- Santa Fe Homes
- Sedona
- Shadow Hills
- Shadow Hills 30915
- Shadow Hills Villas
- Shadow Lake Estates
- Shadow Ranch
- Shadow Ranch 30918
- Shields Ranch
- Sonora Wells
- Stonefield Estates
- Summer Breeze
- Summer Place-301
- Sun City Shadow Hills
- Sun City Shadow Hills 30921
- Sun Dance
- Sun Dance 31475
- Sunburst
- SunCityHil
- Sunny Side Estates
- Sunnyside Estates 31479
- Talavera
- Talavera 30923
- Terra Lago
- Terra Lago 30924
- The Orchard
- The Verandas
- Trilogy Polo Club
- Villa Montego
- Waring Palms
- Whispering Palms
- Whittier Ranch
- Wild Flower
Market Summary
Current real estate data for Single Family in Indio as of Oct 07, 2026
899
Single Family Listed
134
Avg DOM
251
Avg $ / SqFt
$401,538
Avg List Price
Property Summary
- Located in the Terra Lago subdivision, 43240 Bacino CT Indio CA is a Single Family for sale in Indio, CA, 92203. It is listed for $999,900 and features 3 beds, 3 baths, and has approximately 2,157 square feet of living space, and was originally constructed in 2006. The current price per square foot is $464. The average price per square foot for Single Family listings in Indio is $251. The average listing price for Single Family in Indio is $401,538. To schedule a showing of MLS#219153793da at 43240 Bacino CT in Indio, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of HomeSmart. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.43240 Bacino CT
Indio, CA
