Lake View
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43199 Portuale Court, Indio, CA 92203

$1.15M4bd · 4ba · 2,697 sqft
Lot 3,485 sqftHOA $325/moSingle Family Residence
Active
154d on marketMLS# 219140822

Property Description

This upgraded, professionally managed lakefront short-term rental is ideally positioned on the water in Terra Lago, offering breathtaking lake and mountain views along with a private infinity-edge pool and spa. Designed for both comfort and performance, the home features bright, open living spaces and high-quality finishes throughout—purpose-built to maximize rental demand and guest satisfaction. The upgraded kitchen is fully equipped with stainless-steel appliances, custom quartz countertops, a dramatic waterfall island, designer backsplash, and a dedicated coffee bar—ideal for entertaining and extended guest stays. The spacious living room provides generous seating, an 86'' smart TV, and a sleeper sofa for flexible use. Expansive windows and sliding glass doors flood the home with natural light and create a seamless indoor-outdoor living experience centered around the stunning waterfront setting. The well-designed floor plan includes four bedrooms, including a first-floor suite, with ensuite bathrooms for every bedroom—a highly desirable feature for short-term rental guests. The upstairs primary suite offers a private balcony overlooking the lake and a spa-inspired bathroom with soaking tub. A bonus room adjacent to the primary suite functions as a dedicated kids' room with bunk beds, maximizing sleeping capacity and rental flexibility. Additional highlights include a movie-theater-style room with eight reclining chairs, a climate-controlled game room with commercial-grade arcade games (including air hockey and basketball), built-in BBQ, firepits, smart TVs throughout, and a layout ideally suited for short-term rental or second-home use. This is not just an STR—it is a destination property, offering resort-style amenities that keep guests on-site and drive repeat bookings. Located in the highly desirable Terra Lago community, this turnkey, high-performing lakefront asset delivers a proven two-plus-year short-term rental history with approximately $120,000 in annual gross income. All capital improvements and guest-driven upgrades are complete—this property will be generating income from day one. Zero setup. Zero downtime. Immediate cash flow. Investors also have the rare opportunity to scale instantly by acquiring the sister property at 43250 Pietra Ct, also in Terra Lago—creating a ready-made, multi-property short-term rental portfolio in one of the Coachella Valley's most sought-after resort communities.

Features & Amenities

Terra LagoFeeBuilt 2022

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2022
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Natural Gas
Cooling
Ceiling Fan(s), Central Air
View
Lake, Mountain(s)
Flooring
Ceramic Tile, Laminate
City
Indio
Zip Code
92203
County
Riverside
Listed byRonald Christopher & Assoc., Ron C Saporito·760-574-8486

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,815.03
Principal & Interest
Loan Amount
$920,000
Total Interest
$1,173,409
Total Payment Over 30 Years
$2,093,409
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Terra Lago

This property is located in Terra Lago, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.

View Terra Lago Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

43199 Portuale Court, Indio, CA 92203

Terra Lago · Indio · Single Family Residence

$1.15M
Residential Tier
Beds
4
Baths
5
Sqft
2,697
Lot
3,485 sqft
Year
2022
$/Sqft
$426
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 86.0% above the median closed sale of $618,432. Price per sqft ($426) is a 41% premium to closed comps ($302). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.15M· $426/sqft
Total list price
Closed comps
vs closed median $618K
+$532K (+86.0%)
Active comps
vs active median $969K
+$181K (+18.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $399
+$27 (+6.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
84645 Litorale CourtIndio2021442,4163,485$413$999,0004790
43055 Armonia CourtIndio2022432,4163,920$372$899,9004486
43241 Pietra CourtIndio2022542,4163,485$401$969,0007586
43250 Pietra CourtIndio2022452,6974,356$426$1.15M8284
43092 Armonia CourtIndio2022442,4163,484$385$929,99925381
Total: 5 · Average4.24.02,472.23,746$399.4$989,579.8100.2
Median2,416$969,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
84170 Caviano DriveIndio202305/18/2026432,0847,497$749,000$730,000$3500.974667
82440 Crane DriveIndio202305/28/2026332,1416,604$775,000$760,000$3550.9826658
83161 Pintail LaneIndio202505/29/2026432,2595,952$602,380$618,432$2741.0311356
40647 Galileo StreetIndio202305/19/2026422,09912,066$609,000$605,000$2880.991456
81947 Villa Giardino DriveIndio201405/20/2026332,1777,841$515,000$530,000$2431.035356
Total: 5 · Average3.62.82,1527,992$648,686.4$648,686.4$30298.4
Median2,141$618,432$618,432

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.