Active

43149 Portuale Court

Indio CA, 92203

$1,100,000


$455.30 per sqft

Active

4 Beds

4 Baths

2,416 sqft

Residential

Built in 2022

Listed by Charles Chamorro with eXp Realty of California Inc 888-584-9427

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.

24349411

MLS ID

January 18, 2024

Listed

May 9, 2024

Updated

Map

43149 Portuale Court
Indio CA, 92203

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Ceiling Fan(s), Furnished, High Ceilings, Open Floorplan, Recessed Lighting, Loft, Multiple Primary Suites, Walk-In Closet(s)


Appliances

Barbecue, Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood, Vented Exhaust Fan, Dryer, Washer


Laundry Description

Inside, Laundry Room, Upper Level


Floor Description

Carpet, Tile


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.1 Acres


Architectual Style

Other

Other Property Details

Area Name

309 - Indio North of East Valley


Days on Market

86


Association Fee

$285


Association Fee Frequency

Monthly


Association Amenities

Controlled Access, Golf Course, Lake or Pond, Playground, Pool


Garage

Yes


Garage Spaces

2


Parking

Concrete, Door-Multi, Garage


Parking Total

4


View

Yes


View Description

Lake, Mountain(s), Water


County

Riverside


Pool

Yes


Pool Features

Heated, In Ground, Association


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/2/2024

Price Change

$1,100,000

4%

Listing Contact: 888-584-9427 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 3:36 PM UTC

 

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