Welcome to lakefront living at its finest in Terra Lago--perfectly positioned on a premium lot with expansive, unobstructed water views.This 4-bedroom, 3-bath home offering over 2,400 sqft features an open-concept layout and seamless indoor-outdoor flow, ideal for both full-time living and short-term rental use. The property's true lakefront positioning provides direct water-facing views from the backyard, creating a highly desirable setting that enhances both lifestyle enjoyment and guest appeal.Designed for resort-style living, the backyard showcases a private infinity pool overlooking the lake, delivering a unique experience that stands out in the marketplace. From sunrise reflections to evening sunsets, the setting offers a sense of openness and privacy rarely found in interior locations. Offered fully furnished, this home is turnkey and ready for immediate use or rental.Located within Terra Lago, a community known for its short-term rental flexibility with no restrictions, this property is well-suited for a range of buyers, including those seeking an income-producing asset, second home, or 1031 exchange opportunity. The functional layout also provides potential for a 5th bedroom conversion, offering added flexibility and future value.Positioned in the Coachella Valley's ''City of Festivals,'' the home is just minutes from Coachella, Stagecoach, Acrisure Arena, golf, and upcoming surf developments, all of which continue to drive strong demand for short-term rentals in the area. For investors, the combination of location, layout, and lakefront exposure presents an opportunity to explore cost segregation strategies to potentially accelerate depreciation and enhance overall tax efficiency.A rare opportunity to own a well-positioned lakefront property that blends lifestyle, income potential, and long-term upside.
Amenities included: Billiard Room, Clubhouse, Fitness Center, Lake or Pond, Management, Meeting/Banquet/Party Room, Barbecue, Playground, Security, Cable TV
HOA fee: $325 monthly
Location
Region: Indio
Financial & listing details
Price per square foot: $372/sqft
Tax assessed value: $619,358
Annual tax amount: $11,480
Date on market: 4/23/2026
Listing terms: Cash to New Loan
Inclusions: All furnishings, electronics, accessories and appliances.
Estimated market value
Zestimate®
$874,500
Estimated sales range
$831,000 - $918,000
Rent Zestimate®
$4,100/mo
Price history
Date
Event
Price
7/22/2026
Contingent
$899,900$372/sqft
Source: Greater Palm Springs Realtors #219146829Report a problem
4/23/2026
Listed for sale
$899,9000%$372/sqft
Source: Greater Palm Springs Realtors #219146829Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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