About 43240 Bacino Court
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.CompassFor 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
43240 Bacino Court is a Residential property for sale. This Residential property is on Fee land and the current price is $999,900. This property has 3 bedrooms and 3.00 bathrooms and it was built in 2006. 309 - Indio North of East Valley property has been listed on www.geoffreymoore.com for 3 days.
Features of 43240 Bacino Court
| MLS® # | 219153793DA |
|---|---|
| Price | $999,900 |
| HOA Fees | $285 |
| HOA Fees Freq. | Monthly |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Square Footage | 2,157 |
| Acres | 0.10 |
| Year Built | 2006 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 43240 Bacino Court |
|---|---|
| Area | 309 - Indio North of East Valley |
| Subdivision | Terra Lago |
| City | Indio |
| County | Riverside |
| Zip Code | 92203 |
Amenities
| Amenities | Billiard Room, Clubhouse, Fitness Center, Lake or Pond, Meeting/Banquet/Party Room, Barbecue, Playground |
|---|---|
| Parking Spaces | 4 |
| Parking | Direct Access, Garage, Garage Door Opener |
| # of Garages | 2 |
| Garages | Direct Access, Garage, Garage Door Opener |
| View | Mountain(s), Water |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | In Ground, Salt Water |
Interior
| Interior | Vinyl |
|---|---|
| Appliances | Dishwasher, Ice Maker, Microwave, Refrigerator |
| Heating | Central |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Family Room, Gas |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | October 5th, 2026 |
|---|---|
| Days on Market | 3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Land Type | Fee |
Listing Details
| Agent | David Colin |
|---|---|
| Office | HomeSmart |
