43876 Salpare Place
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43876 Salpare Way, Indio, CA 92203

$1.02M4bd · 3ba · 3,142 sqft
Lot 8,712 sqftHOA $325/moSingle Family Residence
Active
22d on marketMLS# 219148014

Property Description

Welcome to Desert Planet, a one-of-a-kind space themed SHORT TERM VACATION RENTAL opportunity inside the highly sought after community of Terra Lago. Offered turnkey furnished and fully equipped for short term rental use with future bookings, this property is designed to stand out in a crowded vacation rental market. From the custom murals to the unobstructed eastern mountain views overlooking the pool and spa, this home was built to create a memorable guest experience that keeps visitors coming back. Every detail was designed with both entertainment and functionality in mind. Inside, the home features a spacious open-concept floor plan connecting the updated kitchen, dining, and living spaces, making it ideal for hosting larger groups. The property offers 4 bedrooms, 3 bathrooms, and potential for a 5th bedroom conversion to maximize occupancy and income potential. Already operating as a successful short term rental, the property generated more than $115,000 in gross rental income from May 2025 through April 2026. Whether you're looking to expand your investment portfolio or purchase a vacation home with proven income history, Desert Planet offers a rare opportunity to own a truly distinctive property in Terra Lago.

Features & Amenities

Terra LagoFeeBuilt 2005

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Forced Air
Cooling
Air Conditioning
View
Mountain(s)
Flooring
Tile
City
Indio
Zip Code
92203
County
Riverside
Listed byEquity Union, Serena M Leiterman·951-623-9442

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,182.96
Principal & Interest
Loan Amount
$820,000
Total Interest
$1,045,865
Total Payment Over 30 Years
$1,865,865
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

Luxury Tier · 5 active · 5 closed

43876 Salpare Way, Indio, CA 92203

Terra Lago · Indio · Single Family Residence

$1.02M
Luxury Tier
Beds
4
Baths
3
Sqft
3,142
Lot
8,712 sqft
Year
2005
$/Sqft
$326
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 89.8% above the median closed sale of $540,000. Price per sqft ($326) is a 51% premium to closed comps ($216). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.02M· $326/sqft
Total list price
Closed comps
vs closed median $540K
+$485K (+89.8%)
Active comps
vs active median $900K
+$125K (+13.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $346
$20 (5.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
43055 Armonia CourtIndio2022432,4163,920$372$899,9004580
84645 Litorale CourtIndio2021442,4163,485$413$999,0004778
43795 Spiaggia PlaceIndio2005332,5958,712$269$699,00014977
43199 Portuale CourtIndio2022452,6973,485$426$1.15M15277
43625 Campo PlaceIndio2006432,4787,405$250$619,00011176
Total: 5 · Average3.83.62,520.45,401.4$346$873,380100.8
Median2,478$899,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
41905 Trent PlaceIndio200405/12/2026432,7519,583$694,900$690,000$2510.996669
81071 Avenida SombraIndio200605/14/2026342,8689,148$675,000$593,000$2070.8815667
82568 Lordsburg DriveIndio200605/26/2026432,4057,405$540,000$540,000$2251.003466
85624 Molvena DriveIndio201805/07/2026432,5066,970$485,000$475,000$1900.9811465
41600 Jamaica Sands DriveIndio198405/08/2026332,41011,325$510,000$495,000$2050.976060
Total: 5 · Average3.63.22,5888,886.2$558,600$558,600$215.686
Median2,506$540,000$540,000

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.