43149 Portuale Court
Indio, CA, 92203 $ 1,100,000
Bedrooms4 Baths3.1 Sq 2,416 Monthly Estimate*
$ 7,684
Listed by eXp Realty of California Inc
for $1,100,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,416 square foot home was built in 2022 on a lot size of 0.1.
Come home to a stunning, almost new lakefront property located in the Terra Lago community in Indio, California. This home comes with the added advantage of having paid-off solar panels, modern designer furniture, and top-of-the-line stainless steel appliances included, enhancing its value and appeal with energy efficiency and high-end amenities. It comes fully furnished and equipped, including all furniture, appliances, decorations, and outdoor amenities like a BBQ, table, and chairs. Built in 2022, the house boasts a modern open floor plan on the first level, integrating the Great Room, kitchen, and dining area into a cohesive and spacious living space. This home features two master bedrooms, one located downstairs and the other upstairs, providing versatile living options and added convenience. The second floor of the home is equally impressive, featuring a loft area and three additional bedrooms. The highlight of this level is the luxurious owner's suite, which comes with its own private covered balcony, offering a serene retreat and spectacular views.The property is part of Lido, a collection of new modern homes within the Terra Lago master-planned community. This community is noted for its secure, guard-gated environment, ensuring privacy and safety for residents. The location is a significant draw, nestled in a beautiful desert setting and conveniently close to the newly opened Acrisure Arena, a hub for diverse events and entertainment. Tennis enthusiasts will appreciate the proximity to the annual Indian Wells Tennis Tournament, one of the major tennis events globally. Moreover, the property is just 10 minutes away from the famous Coachella Music Festival and Stagecoach Country Music Festival, adding to its allure. The area is also dotted with well-known resorts, spas, restaurants, and concert venues, ensuring residents have endless options for leisure and entertainment. Additionally, the Terra Lago community and the city of Indio are accommodating of short-term rentals, making this property an excellent investment opportunity. This property is ideally set up for an Airbnb / Short Term rental business and simply requires the application to the City of Indio for approval. During high-demand events like the Coachella and Stagecoach festivals, neighboring properties typically command rental rates of about $2,000 to $3,000 per night as of writing. On other days, the going rate for Airbnb / Short Term rentals in the area ranges from about $600 to $1,200 per night. The combination of luxury living, stunning surroundings, and the potential for rental income presents a compelling package for prospective homebuyers.
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FeaturesGeneralInterior Features CeilingFans Furnished HighCeilings OpenFloorplan RecessedLighting Loft MultiplePrimarySuites WalkInClosets
Heating Central
Cooling CentralAir
Appliances Barbecue Dishwasher Disposal Microwave Range Refrigerator RangeHood VentedExhaustFan Dryer Washer
HOA 285.0
Garage Spaces 2.0
Architectural Style Other
Pool Features Heated InGround Association
Year Built 2022
View Lake Mountains Water
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Assoc Fee Paid Per Monthly
County Riverside
New Construction N
Property Type Residential
Association Amenities ControlledAccess GolfCourse LakeorPond Playground Pool
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Terra Lago
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Cross street is Lago Brezza.
City Indio
Disclosures CovenantsRestrictionsDisclosure
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 2.0
MLS Area 309 - Indio North of East Valley
Lot Size Square Feet 4356.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Portuale
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=A8XrhwQKCTR
Days on Market 86
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
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InteriorFlooring Carpet Tile
Furnished Y/N Furnished
Fireplace Features None
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows
Fireplace Y/N N
Full Baths 3
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Street Suffix Court
Laundry Features Inside LaundryRoom UpperLevel
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 4
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ExteriorParking Features Concrete DoorMulti Garage
Total Parking 4.0
Lot Size Area 4356.0
Spa N
Building Area Total 2416.0
Lot Size Acres 0.1
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByExp Realty Of California IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,684
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Indio, CA
Average List Price $701,545
Percent of Sale Price 36%
About Indio, CA 89,268 Population
69% Since 2002
$ 50,199 Median Income
34.96 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/25/2024 | $1,050,000 | -10.64% | Price Down |
2/23/2024 | $1,175,000 | -2.08% | Price Down |
1/19/2024 | $1,200,000 | | Listed Price |