Sold for $722,500 on 11/08/24
Listing Provided by:
David Colin DRE #01710306 760-844-7500,
HomeSmart
Bought with: Keller Williams Luxury Homes
$722,500
43265 Passagio Lago Way, Indio, CA 92203
5beds
2,416sqft
Single Family Residence
Built in 2021
3,920 Square Feet Lot
$712,400 Zestimate®
$299/sqft
$5,155 Estimated rent
Home value
$712,400
$641,000 - $791,000
$5,155/mo
Zestimate® history
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Owner options
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What's special
Sellers loss is your gain!! Major price reduction!!! Experience the best of both worlds with this brand new, fully furnished home located just across the street from the serene lake with breathtaking mountain and lake views. This stunning home is perfect for those seeking short-term rental investment opportunities, as it is located within the highly sought-after Terra Lago community that allows unlimited short-term rental bookings.Designed with the utmost attention to detail, this home features custom blinds throughout, designer furnishings, electronics, and a game room that can also be converted into an additional bedroom. The exquisite kitchen boasts quartz countertops, a custom backsplash and overlooks the stunning family room, making it perfect for entertaining.Step outside to the brand new modern pool and spa with a dual spillway, custom firepit, custom BBQ area and porch area, and enjoy the picturesque views that surround you. In the master bedroom, you'll find an elegant balcony with spectacular western mountain views. Did I mention that this property comes with solar paid for for the next 20 years!! You'll have hundreds a month on your electricity bills!Located in Indio, the city of festivals, this home is sure to provide a luxurious and comfortable lifestyle. If you're looking for a lucrative investment opportunity, this property can easily generate an instant cash flow with a very attractive cap rate for those in search of a 1031 tax exchange.
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:28pm
Listing Provided by:
David Colin DRE #01710306 760-844-7500,
HomeSmart
Bought with:
Lori Halleck, DRE #01103534
Keller Williams Luxury Homes
Source: CRMLS,MLS#: 219113088DA
Originating MLS: California Desert AOR & Palm Springs AOR
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 2,416 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: In Ground, Private
- Spa features: In Ground, Private
- Fencing: Block
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 3,920 sqft
Details
- Parcel number: 696070024
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2021
Community & neighborhood
Security
- Security features: Gated Community, 24 Hour Security
Community
- Community features: Gated
Location
- Region: Indio
- Subdivision: Terra Lago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
- Amenities included: Fitness Center, Lake or Pond, Picnic Area, Playground
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $722,500-2.4%$299/sqft |
Source: | ||
| 11/8/2024 | Pending sale | $739,900$306/sqft |
Source: | ||
| 9/28/2024 | Contingent | $739,900$306/sqft |
Source: | ||
| 8/21/2024 | Price change | $739,900-2.6%$306/sqft |
Source: | ||
| 7/25/2024 | Price change | $759,900-5%$315/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,777 +14.8% | $722,500 +14.8% |
| 2024 | $10,256 +52.7% | $629,298 +67.4% |
| 2023 | $6,715 +152.5% | $375,900 +401.2% |
Find assessor info on the county website
Neighborhood: 92203
Nearby schools
GreatSchools rating
- 4/10Andrew Jackson Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Desert Ridge AcademyGrades: 6-8Distance: 5.1 mi
- 5/10Shadow Hills High SchoolGrades: 9-12Distance: 4.9 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$712,400
2% more+ $14,248
With Zillow Showcase(estimated)
$726,648
