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43241 Pietra Ct, Indio, CA, 92203

5beds
4baths
2,416sqft
$939,000
$389price/sqft
$6,949/moest. monthly cost
$277,960/yrincome needed

About This Home

Built in 2022, this exceptional Terra Lago lakefront estate presents a rare opportunity to own a luxury resort-style residence with remarkable income potential. Offering 5 bedrooms, 4 bathrooms, plus a dedicated office, this thoughtfully designed home comfortably accommodates 14+ guests as a primary residence, vacation home, high-performing short-term rental, or 1031 exchange investment. The property has been meticulously upgraded and professionally curated as a premier lakefront rental, featuring designer furnishings, oversized televisions, arcade games, and a fully developed backyard designed for both relaxation and entertaining. The expansive primary suite is a true highlight, showcasing a private balcony with sweeping lake, pool, and panoramic mountain views.Modern smart home features include smart entry, programmable thermostats, EV charging capability, and solar panels, providing both convenience and efficiency. Located within the guard-gated Terra Lago community, residents enjoy resort-style amenities such as a community pool, clubhouse, fitness center, and an 18-hole golf course. HOA dues also include internet, cable TV, gym access, community center privileges, and 24-hour guard-controlled security. Ideally situated near the Coachella Valley's most renowned destinations and events, including Coachella, Stagecoach, polo grounds, Palm Springs, Joshua Tree National Park, and major casinos, this home offers the perfect balance of luxury living and investment opportunity. Short-term rentals are permitted, and the property already has extensive future bookings, providing immediate turnkey income for the next owner. An extraordinary lakefront retreat with exceptional versatility and valuethis is a rare offering not to be missed.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
Desert Ridge AcademyGrades 6-85.2 mi
6/10
Shadow Hills High SchoolGrades 9-125.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2022

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Barbeque,Range/Oven,Refrigerator,Washer,Microwave,Exhaust Fan,Dryer,Dishwasher
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Built-Ins,Ceiling Fan(s)
  • Flooring: Tile,Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,416
  • Total interior livable area: 2,416 sqft

Property

Details

  • Parcel number: 696070060
  • Attached to another structure: Yes
  • Special condition: Standard
  • Other equipment: Network Wire

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground,Waterfall
  • Spa features: In Ground,Heated with Gas
  • Has view: Yes
  • View description: Lake,Lake Front,Water,Mountain(s),Courtyard
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 3,484 sqft

Parking

  • Total spaces: 4
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,748$56,976
Home Insurance *$275$3,300
Property Taxes $1,408$16,896
Electricity $518$6,216
Total$6,949$83,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$238,251/yr
40% on housing$208,470/yr
45% on housing$185,306/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$389This listing

vs Other Active Listings

Avg $/sqft

ZIP 92203$212
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92203$283
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for rent$12,999
2026-04-27Price change$999,000
2026-04-20Listing removed$10,867
2026-04-18Listed for rent$10,867
2026-03-23Listed for sale$1,009,000
2026-03-09Listing removed$999,000
2026-02-27Price change$999,000
2026-01-13Listed for sale$1,048,000
2026-01-13Pending sale$1,048,000
2025-12-05Price change$1,048,000
2025-11-16Listing removed$5,995
2025-11-04Price change$1,049,900
2025-10-31Listed for rent$5,995
2025-09-23Price change$1,099,000
2025-03-20Pending sale$748,000
2025-03-18Sold$689,000
2025-02-28Contingent$748,000
2025-02-21Price change$748,000
2025-02-07Price change$768,000
2025-01-14Price change$798,000
2025-01-03Listed for sale$819,000
2024-12-26Listing removed$824,000
2024-10-19Contingent$824,000
2024-09-26Price change$824,000
2024-09-04Price change$839,000
2024-08-07Listed for sale$869,000
2023-10-03Sold$759,500

For Sale by Agent

AgentShelley Cohen
BrokerageEquity Union

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