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.
For sale
Listed by: Equity Union • Serena Leiterman • Contact: 951-623-9442
Price cut: $25K (6/18)
$1,000,000
43876 Salpare Way, Indio, CA 92203
4beds
3,142sqft
Single Family Residence
Built in 2005
8,712 Square Feet Lot
$-- Zestimate®
$318/sqft
$325/mo HOA
What's special
- 57 days |
- 160 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Serena Leiterman DRE #01965152 951-623-9442,
Equity Union
Source: CRMLS,MLS#: 219148014DA
Originating MLS: California Desert AOR & Palm Springs AOR
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Great Room
Heating
- Forced Air
Cooling
- Has cooling: Yes
Features
- Furnished
- Flooring: Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 3,142 sqft
Property
Parking
- Total spaces: 4
- Parking features: Direct Access, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground, Private
- Spa features: In Ground, Private
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 8,712 Square Feet
- Features: Drip Irrigation/Bubblers, Sprinkler System
Details
- Parcel number: 696200075
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2005
Community & HOA
Community
- Features: Gated
- Security: Gated Community
- Subdivision: Terra Lago
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Controlled Access, Management
- HOA fee: $325 monthly
Location
- Region: Indio
Financial & listing details
- Price per square foot: $318/sqft
- Tax assessed value: $279,713
- Date on market: 5/17/2026
- Listing terms: Conventional,Submit
- Inclusions: Sold fully furnished.
- Exclusions: Suuplies owned by the property management company.
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$5,035/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $1,000,000-2.4%$318/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $1,025,000+359.6%$326/sqft |
Source: | ||
| 3/11/2010 | Sold | $223,000$71/sqft |
Source: | ||
| 2/16/2010 | Listed for sale | $223,000$71/sqft |
Source: Michael Hilgenberg #21390520 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | -- | $279,713 +1.5% |
| 2015 | $7,454 -9.6% | $275,514 +2% |
| 2014 | $8,249 | $270,119 +8.9% |
| 2013 | -- | $248,000 +3.3% |
| 2012 | -- | $240,000 -7.1% |
| 2011 | -- | $258,460 +17.5% |
| 2010 | -- | $220,000 -13.4% |
| 2009 | -- | $254,000 -27% |
| 2008 | -- | $348,000 -33.7% |
| 2007 | -- | $525,000 +124.7% |
| 2006 | -- | $233,693 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 92203
Nearby schools
GreatSchools rating
- 3/10Andrew Jackson Elementary SchoolGrades: K-5Distance: 1.9 mi
- 4/10Desert Ridge AcademyGrades: 6-8Distance: 5.6 mi
- 6/10Shadow Hills High SchoolGrades: 9-12Distance: 5.4 mi
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- California
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- 43876 Salpare Way