$809,900
UNDER CONTRACT $130K PRICE DROP

43295 Passagio Lago Way Indio, CA 92203

Estimated payment $5,453/month

Total Views 4,510
4 Beds
3 Baths
2,416 Sq Ft
$335 Price per Sq Ft

Highlights

  • Lake Front
  • Cabana
  • Community Lake
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

Discover one of the finest short-term rental homes in the exclusive Terra Lago community, where luxury meets comfort and style. This exceptional residence, designed by a premier interior designer, is a dream come true for Yellowstone series enthusiasts. Step into your very own slice of the Dutton Ranch in the breathtaking Coachella Valley desert.As you enter this magnificent home, you'll be captivated by the meticulous attention to detail and over $300,000 in upgrades that define its elegance. With panoramic eastern views of the serene lake from two beautifully appointed bedrooms and breathtaking vistas of the western mountains from the master balcony, every aspect of this property invites you to relax and unwind. This a four bedroom, possible fifth bedroom home with three full baths.The outdoor oasis is truly spectacular! Enjoy delightful afternoons by the newer pool and spa, entertain guests at the outdoor bar, and prepare gourmet meals in the stylish outdoor kitchen. The charming covered sitting area and custom firepit next to the pool create the perfect atmosphere for cozy evenings under the stars. With an outdoor shower for added convenience, this backyard is a resort-style retreat at your fingertips.This home is sold turnkey furnished, making it an ideal investment for those looking to enter the lucrative short-term rental market. It also features owned solar panels, ensuring minimal energy bills, thus maximizing your income potential. Whether you're exploring a 1031 tax exchange for passive income or adding a flawless property to your investment portfolio, this home perfectly blends enjoyment with practicality. This is a home that even the most discriminating buyer can boast about! Located in the vibrant city known for its festivals, Terra Lago is just minutes away from the iconic Coachella and Stagecoach festivals. Plus, the property is conveniently situated near the Acrisure Arena and three innovative wave parks, making it a prime location for visitors year-round.Don't miss this rare opportunity to own a stunning property in one of the most sought-after short-term rental communities with no rental restrictions. Schedule your private tour today and experience the magic of this extraordinary home in Terra Lago!

Listing Agent

David Colin

HomeSmart License #01710306 Listed on: 04/15/2025

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,506

Year Built

  • Built in 2021

Lot Details

  • 3,920 Sq Ft Lot
  • Lake Front
  • Home has East and West Exposure
  • Drip System Landscaping

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Loft
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 696070022
  • Special Tax Authority

Community Details

Overview

  • Terra Lago Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,506

Year Built

Built in 2021

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: Two
  • Included In Sale: All furnishings, accessories, electronics and outdoor furnishings
  • List Price per Sq Ft: 335.22
  • View Type: Lake, Mountain(s)
  • Year Built: 2021
  • Listing I D: 219128521
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Terra Lago
  • Special Features: UnderContract

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Flooring: Vinyl
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Features: Quartz Counters
  • Laundry: Gas Dryer Hookup
  • Estimated Sq Ft: 2416.00

Exterior Features

  • Other Structures: Cabana, Outside Shower
  • Built-in BBQ: Gas
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Barbecue, Management, Lake or Pond, Fitness Center, Clubhouse, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696070022
  • Irrigation: Drip System
  • Lot Size: 3920.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Yes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,506 $663,000 $173,400 $489,600
2023 $10,506 $357,200 $76,500 $280,700
2022 $2,659 $75,000 $75,000 $0
2021 $652 $51,528 $51,528 $0
2020 $640 $51,000 $51,000 $0
2019 $627 $50,000 $50,000 $0
2018 $627 $50,000 $50,000 $0
2017 $330 $25,513 $25,513 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $809,900 -10.0% $335 / Sq Ft
05/19/2025 05/19/25 Price Changed $899,900 -4.3% $372 / Sq Ft
04/15/2025 04/15/25 For Sale $939,900 -- $389 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $580,000 Stewart Title
Grant Deed $1,650,000 First Amer Ttl Co Homebuilde
Grant Deed $1,500,000 First American Title Company
Quit Claim Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $434,925 New Conventional
Previous Owner $4,245,000 Commercial
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219128521

California Desert Association of REALTORS®

APN: 696-070-022