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Investor's Dream Opportunity: 4BR/3BA Pool Home in Terra Lago, Indio, CA!**Welcome to your next investment gem nestled in the highly sought-after lake community of Terra Lago, Indio, California! This spacious 4-bedroom, 3-bathroom pool home with a 3-car garage is not just a property; it's a prime opportunity for investors looking to maximize their returns, particularly those considering a 1031 tax exchange.**Key Features of This Property:**- **Short-Term Rental Friendly:** Enjoy unrestricted short-term rental potential in a community that thrives on tourist appeal. With Indio known as the 'City of Festivals,' the demand for vacation rentals remains robust throughout the year.- **Higher CAP Rate Potential:** Investors will appreciate the opportunity to realize a significantly higher CAP rate with this property's short-term rental capabilities, compared to traditional long-term leases. This is an ideal choice for those looking to enhance their cash flow.- **Fully Furnished and Move-In Ready:** This home comes fully furnished, ready for immediate rental or personal enjoyment. Stocked with modern amenities, it allows for a seamless transition into the rental market or your next vacation spot.- **Exceptional Value:** Priced per square foot among the best in the community, this home stands out, especially given its prime features, including a sparkling pool, stunning northwest mountain views, and the added privacy of no direct neighbors behind.- **Investment-Grade Amenities:** Recent updates include new Pentair pool equipment that can be controlled remotely, dual AC units for ultimate climate control, and freshly installed artificial turf for low-maintenance outdoor living. The pool has also been recently resurfaced -- a significant cost already taken care of for you!- **Outdoor Kitchen Ready:** Build the outdoor kitchen of your dreams with the newly installed plumbing, electrical, and gas connections in place, setting you up for high-end outdoor entertaining that guests will love.**Why Terra Lago?**Lake communities with no rental restrictions are a rare find in the Coachella Valley and provide an exceptional long-term strategy for savvy investors. With the area thriving on seasonal events, and a high interest in vacation rental opportunities, this property guarantees minimal liability and maximum profit potential.Don't miss out on this incredible opportunity!
Listing agent: David Colin DRE #01710306 dcolin29@gmail.com, Listing office: HomeSmart
MLS data updated 10/25/2026, 3:33:50 PM PT
Source: CRMLS, MLS #: 219130608DA
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 22, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$655,000Closed sale · Aug 22, 2025ZIP 92203 · Aug 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.