Terra Lago Homes under $1 million

4 Beds ⋅ 3 Baths ⋅ 219153976 MLS

**Turnkey Investment Opportunity in Sought-After Terra Lago!** Attention investors! This is the short-term rental opportunity you've been waiting for! This corner lot home in the guard gated Terra Lago community offers 4 bedrooms and 3 bathrooms with a layout designed for both privacy and flexibility. The primary bedroom is conveniently located on the first floor while guest quarters occupy the second floor, an ideal configuration for families and groups. Recent upgrades include fresh interior and exterior paint, new quartz countertops and a stylish kitchen island, new flooring, modern cabinets, stainless steel appliances, and updated fans and hardware throughout. The added benefit of paid solar keeps operating costs low and profits high. The backyard is where this property truly shines. Situated on a private pie shaped lot, the outdoor space has been designed as an entertainment paradise featuring a brand-new pool and jacuzzi, a cozy fire pit, a built-in BBQ island, and a fun putt-putt golf course that guests of all ages will love. It's the perfect setting for summer gatherings and festival goers looking for a memorable desert retreat. Terra Lago offers an unmatched lifestyle with 24-hour security, a championship 36-hole golf course, a stunning 20-acre recreational lake, and a 10,000 square-foot clubhouse complete with pools and a fitness center. Residents and guests also enjoy a playground and pet park, and the low HOA fees include cable and high-speed internet, a bonus that simplifies your rental operations. North Indio is one of the fastest growing areas in Riverside County, and this location delivers convenience and adventure in equal measure. The home is near the only night golf course in the Coachella Valley, with easy access to hiking trails, nearby casinos, and major freeways. Guests will love being just minutes from the world famous Coachella and Stagecoach festivals. This turnkey property is ready to welcome guests immediately. Don't miss your chance to own a proven performer in one of the desert's most desirable rental communities.

84020 Colibri Court, Indio

$515,000

4 Beds ⋅ 3 Baths ⋅ 219153856 MLS

Welcome to Terra Lago, where vibrant living meets comfort. This updated two-story home features four bedrooms and two and a half baths, perfectly suited for your family's needs. The open-concept layout is enhanced by elegant luxury vinyl flooring that flows seamlessly throughout the first floor. Enjoy the spacious great room, a stylish modern kitchen, a generous dining area, and a convenient butler's pantry, along with an included washer and dryer. All four bedrooms are located on the upper level. Step outside to discover a charming backyard complete with a pool and spa, both of which are in need of some tender loving care (the pool is currently empty). The home also features a two-car garage with direct access. Terra Lago offers a picturesque lake, scenic walking trails, a welcoming clubhouse, a well-equipped fitness center, and a game room. USE THE FOLLOWING LINK TO SUBMIT Offer: http://www.spsreo.com/?c=DSR1

84046 Olona Court, Indio

$999,900

3 Beds ⋅ 2 Baths ⋅ 219153793 MLS

A rare opportunity to acquire a proven, high-performing lakefront short-term rental in Terra Lago--positioned for the investor who understands that the best STR acquisitions combine documented revenue, differentiated amenities, a strong depreciation basis, and the ability to perform from day one. This fully established 3-bedroom, 3-bath, 2,157-square-foot lakefront retreat generated $131,000 in verified gross rental revenue in 2025 and is currently on pace to exceed that performance in 2026. Unlike a speculative STR purchase where the buyer must renovate, furnish, build reviews and establish a rental history, this property already has the amenities and proven performance guests are looking for. The outdoor space is the centerpiece: a private saltwater pool and spa, expansive lake and mountain views, commercial-grade misters, lakeside fire pit, built-in BBQ, covered outdoor TV lounge and multiple entertaining areas create a true resort-style guest experience. Inside, the property features an open entertaining layout, custom bar, upgraded finishes, custom TV wall and a private primary-suite balcony overlooking the water. An arcade/game-room component further enhances the property's appeal to vacation-rental guests. The home accommodates up to 10 guests and has been thoughtfully positioned to compete in Indio's event-driven STR market. For investors focused on tax efficiency, the numbers become even more compelling. Public tax records currently allocate approximately $302,757 to land and $706,429 to improvements, meaning roughly 70% of the current assessed value is attributed to improvements rather than non-depreciable land. A buyer should have their CPA and cost-segregation specialist establish the appropriate allocation at acquisition, but the property's substantial building and amenity basis--including the pool, spa, outdoor improvements, furnishings and qualifying components--could make it an attractive candidate for a cost-segregation study and accelerated depreciation, subject to the buyer's individual tax situation. Compass For a 1031 exchange buyer, this is an opportunity to move equity into an established income-producing vacation rental rather than starting from scratch. For the hybrid buyer, it offers something equally compelling: a lakefront desert residence that can be personally enjoyed while producing meaningful rental income when not in use. And for an investor looking to enter the STR market, the property provides a documented operating history and an established guest-oriented amenity package. Located within gated Terra Lago, adjacent to the golf course and minutes from the attractions and major events that drive Coachella Valley tourism, this is more than a furnished vacation home--it's an opportunity to acquire a proven hospitality asset with six-figure gross revenue, significant depreciable improvements, and continued upside.

43240 Bacino Court, Indio

$669,000

4 Beds ⋅ 3 Baths ⋅ OC-26211396 MLS

Welcome to The Breeze, an active and successful short-term rental offered fully furnished and located in the gated Terra Lago community of Indio. The property offers gross revenue potential of $87,000+ annually, with estimated cap rates up to 7% self-managed or approximately 5.5% with professional management, making it a standout opportunity for investors while remaining well suited as a primary residence or second home. This stylish 4-bedroom, 3-bath home features three bedrooms and two bathrooms on the main level for convenient single-story living, plus a private upstairs bedroom with its own bathroom—ideal for guests, multigenerational living, or an owner’s retreat. Designed for comfort and connection, the open-concept floor plan includes spacious living areas, a modern fully equipped kitchen, central A/C, and smart TVs throughout. The private resort-style backyard is perfect for relaxing or entertaining and features a heated pool, spa, outdoor fire pit, and dining area with scenic mountain views. Located near golf, shopping, dining, casinos, hiking, and major music festivals, this property checks every box for a turnkey income property, vacation home, or full-time residence in one of the Coachella Valley’s most desirable STR zones.

84155 Tramonto, Indio

$535,000

3 Beds ⋅ 2 Baths ⋅ SB-26212055 MLS

Dream Pool home in Terra Lago with stunning 3-bedroom, 2-bathroom plus a den used as additional room, featuring a spacious open-plan living room and kitchen, new upgraded pool. SHORT TERM rentals allowed in this community, move in ready. Terra Lago amenities include community clubhouse, lake, gym, playground, BBQ area & community pool/spa for a very low HOA fee. Enjoy luxury living, invest in the rising Real Estate market, or just use it as stunning vacation home.

84156 Azzura Way, Indio

$569,500

4 Beds ⋅ 3 Baths ⋅ SW-26207571 MLS

VA- REO-OWNED OPPORTUNITY! Almost new and ready for its next chapter, this spacious 4-bedroom, 3-bath home in the gated Aguila at Terra Lago community offers 2,553 sq. ft. of living space and a wonderful opportunity for a buyer to customize the home and make it truly their own. Built in 2024, the home offers modern construction, an open and functional floor plan, and a desirable corner location. High vaulted ceilings and a beautiful designer kitchen with a pantry opening up to a great room design. Spacious Master includes a modern-style separate tub and shower. Situated within the Desert Sands Unified School District, with Shadow Hills High School serving the area. Whether you're looking for a primary residence, second home, or investment opportunity, this VA listing offers the chance to own an almost-new home and put your own personal touches on it. Buyer to verify all HOA amenities, school boundaries, measurements, fees, assessments, and other property information. Please see private remarks on how to submit an offer. There is a 3 day waiting period for all offers at the start of the listing.

84250 Novello, Indio

$899,000

5 Beds ⋅ 4 Baths ⋅ PS-26989963 MLS

LAKESIDE! TURNKEY FURNISHED, OWNED SOLAR and a proven short-term rental star, this is one of Terra Lago's few lakefront offerings with 5 bedrooms plus an office. The home delivers the space, setting and amenities that make desert getaways memorable. An infinity-edge pool and adjacent fire pit front the lake, creating a fabulous backdrop for afternoons by the pool and evenings outdoors. Built in 2022, the open-concept design keeps the lake in view, with expansive windows framing the water from the main living spaces. The island kitchen opens to generous dining and living areas with plenty of room for a full house, while a dedicated office adds another layer of flexibility. An ensuite guest bedroom downstairs offers excellent separation. Upstairs, additional guest bedrooms join the primary retreat, where a private covered balcony overlooks the lake and pool. The primary bath features dual vanities, soaking tub, separate shower and a large walk-in closet. Smart entry, programmable thermostats, and EV charging capability add convenience and efficiency. Low HOA fees and easy access to golf, hiking and the Coachella Valley's signature festivals, including Coachella and Stagecoach, complete the package. An established STR opportunity, second home or full-time desert retreat, offered turnkey furnished and ready to enjoy.

43241 Pietra Court, Indio

$919,000

4 Beds ⋅ 4 Baths ⋅ SB-26195800 MLS

Lakefront Living at Its Best! Beautifully maintained and lovingly cared for by the owner, this exceptional property in Terra Lago offers the perfect opportunity to own your own desert getaway. Situated along the lake with beautiful water views, this home features a stunning infinity-edge pool and an inviting indoor-outdoor setting perfect for relaxing, entertaining, and making lasting vacation memories. Whether you're looking for a second home, weekend retreat, or a place to enjoy with family and friends, this property delivers the ideal desert lifestyle. Start your mornings overlooking the lake, spend your afternoons poolside, and enjoy peaceful evenings surrounded by beautiful scenery. When not being enjoyed personally, this fully furnished vacation home has proven its appeal with guests, earning consistent 5-star reviews on leading booking platforms and generating exceptional rental revenue over the past 18 months. A wonderful opportunity to own a beautifully maintained, turnkey lakefront retreat that offers both an incredible vacation lifestyle and a proven history of strong rental performance. Residents of Terra Lago enjoy an impressive collection of resort-style amenities, including a 20-acre lake, a 10,000-square-foot clubhouse with a fitness center, billiards room, and event spaces, as well as access to the Golf Club at Terra Lago's two championship 18-hole golf courses. Buyer to verify all rental regulations, permits, income, expenses, and future rental potential.

84656 Litorale Court, Indio

$639,000

4 Beds ⋅ 3 Baths ⋅ 219152151 MLS

Gorgeous ready to move in 5 -bedroom 3 bath - 5th bedroom can be Bonus Room or else - Great for family or Income property near Coachella - short and long term rental OK Located in the immaculate Terra Lago community, this gated home offers 24/7 security for safety. The gourmet kitchen with a large island and open-concept dining and living space, perfect for hosting and entertaining. Updated living room with a cozy fireplace with a lovely outdoor patio. Both A/C are new units in 2026 and New Water Heater in Oct 2025 -Just reduced against allocation for pool - price to sell WILL ENTERTAIN A 1 Y - LEASE

42680 Incantata Place, Indio

$759,000

4 Beds ⋅ 3 Baths ⋅ 219152055 MLS

Successful short-term rental opportunity in the gated Terra Lago community! Offered fully furnished, this 4-bedroom, 3-bath home features 2,416 square feet of stylish, guest-ready living space with beautiful lake and mountain views. The open-concept kitchen offers quartz countertops, a custom backsplash and a seamless connection to the spacious great room--ideal for entertaining. A separate game room provides additional space for guests to gather and unwind. Step outside to your own private desert retreat, complete with a resort-style pool and spa with dual spillways, built-in barbecue, firepit and covered patio. The primary suite features a private balcony with spectacular western mountain views. Additional highlights include designer furnishings, custom window coverings, a two-car garage and paid solar. Terra Lago offers 24-hour security, a clubhouse, fitness center, lake, community dock, playground and resort-style amenities. Conveniently located near golf, dining and the Coachella Valley's world-famous festivals, this turnkey property is ready to enjoy as a personal desert getaway or continue operating as a successful short-term rental.

43265 Passagio Lago Way, Indio

$910,000

5 Beds ⋅ 3 Baths ⋅ SR-26185989 MLS

Beautiful 5 Bedroom 3 Bathroom Home for Sale in the Heart of Indio. This spacious and inviting home offers the perfect blend of comfort and style. Featuring tile floors throughout, recessed lighting, and abundant natural light, the open layout creates a warm and welcoming atmosphere. The living area includes a charming fireplace, ideal for cozy evenings. The kitchen and dining areas flow effortlessly, making entertaining easy and enjoyable. Outside, enjoy your private backyard oasis complete with a large pool, relaxing hot tub, and a covered detached patio, perfect for outdoor gatherings year-round. Additional highlights include ceiling fans in every room, three full bathrooms, and a dedicated laundry room for added convenience. Located in a desirable neighborhood in Indio, this home offers easy access to local amenities, schools, and parks.

43277 Sentiero Drive, Indio

$539,500

3 Beds ⋅ 3 Baths ⋅ 219151627 MLS

**MOTIVATED SELLER** Looking for enough backyard space to build a LAZY RIVER POOL? This might be the one! Sitting on an approximately 7,400 sq. ft. lot with no rear neighbors, this Terra Lago home offers the space to create the ultimate desert backyard--whether that means a resort-style pool, outdoor kitchen, entertaining areas, or all of the above. Located on a cul-de-sac, this spacious 3-bedroom, 3-bath home features beautiful wood-look tile flooring throughout the main living areas and bedrooms. The open-concept kitchen offers a large center island with plenty of room for cooking, gathering, and entertaining, and flows directly into the family room with a cozy fireplace. Step outside to an expansive east-facing backyard overlooking the golf course, where you can enjoy beautiful views, morning sunshine, and added privacy with no homes directly behind you. With plenty of room to add a pool, this backyard is ready to become your own private desert retreat. Upstairs, the spacious primary suite features a walk-in closet, separate shower and soaking tub, dual sinks, and a private balcony overlooking the backyard--the perfect spot to enjoy your morning coffee and Coachella Valley sunrises. The tandem 3-car garage provides plenty of additional space and offers even more flexibility, with the approximately 10' x 21' tandem portion offering potential for conversion into a fourth bedroom. Villa Terra Lago's clubhouse is just minutes away and offers residents access to a fitness center, resort-style pool, billiards and ping-pong room, party and entertaining spaces, a catch-and-release lake, parks, guard-gated entry, and more. HOA dues also include internet and cable TV. With a large lot, golf course setting, flexible living space, and access to Terra Lago's extensive amenities, this home offers the opportunity to create your own slice of desert paradise.

42756 Dell Lago Court, Indio

Terra Lago Homes under $1 million

Newest Terra Lago Homes under $1 million