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$1,060,000
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Property Description
Incredible Opportunity: Premier desert Lakeside home in Terra Lago.Unlock the door to unparalleled luxury and outstanding investment potential with one of the most coveted lots in Terra Lago Lake! This exceptional property boasts **unobstructed panoramic views** of the shimmering lake and majestic mountains, offering an idyllic backdrop for guests seeking the finest in short-term rentals. Nestled in a welcoming and **short-term rental-friendly community**, this listing comes with **NO rental restrictions**, perfect for investors looking to capitalize on the lucrative vacation rental market. Imagine initiating a **1031 tax exchange** on a property that could generate a remarkable **10-20% cap return** on investment!This lakeside gem features:- **Infinity pool** ideal for soaking up the sun and enjoying breathtaking views.- A spacious lot that allows for outdoor enjoyment, whether it's lounging by the pool or creating a safe haven for kids to play.- An impressive interior with a **grand entrance** and a stunning **spiraling staircase** leading to 4 luxurious ensuite bedrooms, ensuring privacy and comfort for all guests. - A versatile loft space that can easily convert into a **5th bedroom**, adding even more value.This home comes **designer furnished** and is poised for immediate takeover, allowing you to begin generating passive income from day one! With smaller homes in the area achieving up to **$130,000** in annual gross rental income, this remarkable property has the potential to significantly outperform that benchmark.Located in the vibrant city of festivals, you'll be just minutes away from the iconic Coachella and Stagecoach festivals each April, as well as the renowned BNP tennis tournament, ensuring that your guests will always have something to celebrate!Don't miss this rare chance to enhance your real estate portfolio with this **investment marvel**. Contact us today to seize this opportunity for luxury living and exceptional returns in one of the most sought-after locations!
Full Property Details
Full Property Details for 43240 Pietra Ct
General
- Sold For: $1,060,000
- HOA FEE: $300/month
- Status: Closed
- Type: Single Family
- Source: Desert_Area_Palm_Springs
- MLS ID: 219127687
- Added to Site: 289 day(s) ago
Interior
- Rooms/Areas: Family Room
- Number of Fireplaces: 2
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Banquet Facilities, Playground, Fitness Center, Billiard Room
- Pool: Yes
- Pool Description: Private, Private, Private
- Security/Safety: 24 Hour Security, Gated Community, Automatic Gate
Parking
- Garage: Yes
- Garage Spaces: 2
- Uncovered Spaces: 2
- Total Spaces: 4
- Parking: Driveway
- Garage Description: Attached
Location
- Area: 309 - Indio North of I-10
- County: Riverside
- Subdivision: Terra Lago
- Cross Streets: Terra Lago Pkwy
- Direction Faces: Leisure Faces North
Community
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central
- Heating Fuel: Natural Gas
Utilities
- Sewer: Assessments
Structural Information
- Detached/Attached: Yes
- Sprinklers: Yes
- Square Feet: 2,697
- Sq. Ft. Source: Assessor
- Year Built: 2022
- Year Built Source: Assessor
Lot Features
- Mountain views: Yes
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Assessor
- Irrigation System: Drip System
- Fencing (Description): Block
Water Features
- Water View: Yes
- Water Front Type: Lake
Financial Considerations
- Price Per Sq. Ft.: $398
- Association Fee: Yes
- Assoc Fee Freq.: Monthly
- Assoc Fee /Month: $300
- Terms: Cash to New Loan
Disclosures and Reports
- APN: 696070064
Listed by HomeSmart, David Colin
Sold by Christopher Pierson
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Schools
Schools serving 43240 Pietra Ct
School District:Desert Sands Unified School District
| Name | Grades | Distance |
|---|---|---|
Andrew Jackson Elementary School, Indio, CA 82-850 Kenner Ave., Indio, CA 92201 | K-5 | 1.6 mi |
Desert Ridge Academy 79-767 Ave. 39, Indio, CA 92203 | 6-8 | 5.2 mi |
Shadow Hills High School 39-225 Jefferson St., Indio, CA 92201 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 43240 Pietra Ct
Date
Details
Price
Change
Source
8/19/2025
Sold
$1,060,000
-1.4%
MLS
5/19/2025
Price Reduced
$1,075,000
-4.44%
MLS
4/02/2025
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
43240 Pietra Court, Indio, CA 92203 (MLS# 219127687) is a Single Family property that was sold at $1,060,000 on August 19, 2025. Want to learn more about 43240 Pietra Court? Do you have questions about finding other Single Family real estate for sale in Indio North E.? You can browse all Indio North E. real estate or contact a Coldwell Banker agent to request more information.

