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43265 Passagio Lago Way, Indio, CA 92203
Open Today 11:30am-2pm
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43265 Passagio Lago Way Indio, CA 92203

$739,900
  • 5 Beds
  • 3 Baths
  • 2,416 Sq.Ft.
For Sale
$739,900 Get Pre-Qualified
Map preview of 43265 Passagio Lago Way, Indio, CA 92203

Property Overview: 43265 Passagio Lago Way Indio, CA has 5 bedrooms, 3 bathrooms, 2,416 living square feet and 3,920 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by David Colin | BRE #01710306 | HomeSmart
Last checked: 10 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
3,920
HOA Dues
$300/mo
Year built
2021
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
219113088DA
City
Indio
County
Riverside
Time on Site
94 days

Open Houses for 43265 Passagio Lago Way

Saturday, Sep 21st: 11:30am-2:00pm
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Property Details for 43265 Passagio Lago Way

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Central, Natural Gas
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Carpet, Tile
  • Family Room
Kitchen Information
  • Has Appliances
  • Refrigerator, Dishwasher
  • Quartz Counters
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
  • Security Features: 24 Hour Security, Gated Community
Exterior Features
Exterior Information
  • Has Fence
  • Block
  • No Spa
  • Spa Features: Private, In Ground
Exterior Features
  • Has Pool
  • Pool Features: In Ground, Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Lake, Mountain(s)
  • Parcel Number: 696070024
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: All furnishings, accessories and electronics
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $300 (Monthly)
  • Association Amenities: Playground, Picnic Area, Lake or Pond, Gym/Ex Room
Assessment Information
  • Has Assessments
  • Assessments: CFD/Mello-Roos
Location / Neighborhood
Location Information
  • Subdivision Name: Terra Lago
  • Directions: Google Maps Cross Street: Terra Lago mPwky.
View more facts & features

Local Indio Agent

Sale History for 43265 Passagio Lago Way

View property's historical transactions

  • June, 2024

  • Jun 17, 2024

    Date

    Canceled

    CRMLS: 219104702DA

    $799,900

    Price

  • Jan 3, 2024

    Date

    Active

    CRMLS: 219104702DA

    $849,900

    Price

  • Listing provided courtesy of CRMLS

  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: 219113088DA

    $799,900

    Price

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Tax History for 43265 Passagio Lago Way

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

43265 Passagio Lago Way is listed 24.56% higher than the median list price for the city of Indio which has a median list price of $594,000. The median price per/sqft for Indio is $307 and this home is listed at $306.25 per/sqft which puts the price per square foot 0.24% lower than the median price per square foot for the city of Indio.

About 43265 Passagio Lago Way

Detailed summary of property

43265 Passagio Lago Way is a single family home located in Indio, CA 92203 and is currently for sale. This house offers 5 bedrooms, 3 bathrooms, roughly 2,416 living square feet, and sits on an approximately 3,920 square foot lot. 43265 Passagio Lago Way was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner is currently asking $739,900 and was originally asking $799,900. The median priced home in Indio is $594,000 with a median price per square foot of $307. Based on Ardent Real Estate Group's Indio Market Data, this home is listed 24.56% higher than the median priced home. Local competing homes currently for sale include 21432 Thomas Court, 21504 Thomas Court and 2223 Mesquite Dr. This home does have a Homeowners Association and the monthly fee is $300 per month. While the average home in Indio, CA is selling in 85 days, 43265 Passagio Lago Way has a days on market of 95 days. There are currently 459 homes for sale in the Indio real estate market and 437 of them are single family homes while 22 of them are condos and 0 are townhomes. For more information on this home for sale at 43265 Passagio Lago Way Indio, CA 92203 contact Ardent Real Estate Group and we will put you in touch with one of our Indio agents.

Public Facts for 43265 Passagio Lago Way

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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The source for these homes facts are from public records.

92203 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$299
Median Sold Price
$545,990
Median Sold Price/Sq.Ft.
$275
Total Inventory
255
Median Sale to List Price %
97.67%
Avg Days on Market
55
Loan Type
Conventional (33.9%), FHA (16.95%), VA (3.39%), Cash (25.42%), Other (8.47%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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