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Under contract
  • Listed by: Ronald Christopher & Assoc. • Ron Saporito • Contact: 760-574-8486
    $1,150,000

    43199 Portuale Ct, Indio, CA 92203

    4beds
    2,697sqft
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    Single Family Residence
    Built in 2022
    3,485 Square Feet Lot
    $1,112,200 Zestimate®
    $426/sqft
    $325/mo HOA

    What's special

    Dramatic waterfall islandFirst-floor suiteHigh-quality finishes throughoutSmart tvs throughoutCustom quartz countertopsSleeper sofaBright open living spaces
    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.
    195 days
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    225
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    17
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ron Saporito DRE #01763817 760-574-8486,

    Ronald Christopher & Assoc.,

    Tina Saporito DRE #01714898 760-799-8460,

    Ronald Christopher & Assoc.

    Source: CRMLS,MLS#: 219140822DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/4 bathrooms: 1
      Rooms
      • Room types: Bedroom, Great Room, Primary Bedroom, Media Room, Pantry, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Separate Shower, Tub Shower
      Kitchen
      • Features: Kitchen Island
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water To Refrigerator
      • Laundry: Laundry Room
      Features
      • Breakfast Bar, Separate/Formal Dining Room, Furnished, Bedroom on Main Level, Primary Suite, Walk-In Pantry
      • Flooring: Laminate, Tile
      • Windows: Blinds
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,697 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Has private pool: Yes
      • Pool features: In Ground, Waterfall
      • Spa features: Heated, In Ground
      • Fencing: Block,Wrought Iron
      • Has view: Yes
      • View description: Lake, Mountain(s)
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Waterfront
      Lot
      • Size: 3,485 Square Feet
      • Features: Close to Clubhouse, Landscaped, Level, Sprinklers Timer, Sprinkler System, Waterfront
      Details
      • Parcel number: 696090018
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Stucco
      Condition
      • New construction: No
      • Year built: 2022

      Community & HOA

      Community
      • Features: Gated
      • Security: Fire Sprinkler System, Gated Community, 24 Hour Security
      • Subdivision: Terra Lago
      HOA
      • Has HOA: Yes
      • Amenities included: Billiard Room, Clubhouse, Controlled Access, Fitness Center, Lake or Pond, Management, Meeting/Banquet/Party Room, Playground, Cable TV
      • HOA fee: $325 monthly
      • HOA name: Desert Resort Management
      Location
      • Region: Indio

      Financial & listing details

      • Price per square foot: $426/sqft
      • Tax assessed value: $820,399
      • Annual tax amount: $14,150
      • Date on market: 1/6/2026
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $1,112,200

        $1.06M - $1.17M

        $3,635/mo

        Price history

        DateEventPrice
        7/18/2026Contingent$1,150,000$426/sqft
        Source: Greater Palm Springs Realtors #219140822 Report a problem
        1/6/2026Listed for sale$1,150,000+45.8%$426/sqft
        Source: Greater Palm Springs Realtors #219140822 Report a problem
        2/3/2023Sold$789,000-11.3%$293/sqft
        Source: Public Record Report a problem
        1/22/2023Pending sale$890,000$330/sqft
        Source: CRMLS #SW22179592 Report a problem
        1/21/2023Listed for sale$890,000$330/sqft
        Source: CRMLS #SW22179592 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,150 +0.5%$820,399 +2%
        2024$14,075 +37.9%$804,313 +55.4%
        2023$10,205 +666.8%$517,437 +383.6%
        2022$1,331 +100.4%$106,998 +103.6%
        2021$664 +1.9%$52,558 +1%
        2020$652 $52,020 +2%
        2019-- $51,000 +2%
        2018$627 $50,000 +36.6%
        2017-- $36,611
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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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        Climate risks

        Neighborhood: 92203

        Getting around

        3 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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