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42871 Incantata Place, Indio, CA 92203

$525K4bd · 2ba · 1,920 sqft
Lot 4,792 sqftHOA $325/moSingle Family Residence
Active
67d on marketMLS# 219149930

Property Description

Welcome to this beautifully maintained, one-owner home in the highly sought-after, guard-gated community of Terra Lago in Indio. Whether you're looking for a primary residence, vacation home, or investment property, this exceptional home offers the rare advantage of APPROVED FOR SHORT TERM RENTALS , making it an outstanding opportunity in one of the Coachella Valley's premier resort-style communities. Built in 2009 and lovingly cared for by its original owners, this spacious 4-bedroom, 2-bathroom home features a highly desirable floor plan with thoughtful upgrades throughout. Enjoy TILE flooring THROUGHOUT the home, an expanded pantry for additional storage, custom built-in closets, and a beautifully appointed office with custom cabinetry. Energy-efficient SOLAR PANELS leased through Tesla at only $222 per month add to the home's value and long-term savings. Step outside to your private backyard oasis, where a spectacular PRIVATE SPA with cascading waterfalls creates the perfect setting to relax while taking in breathtaking mountain views. This tranquil outdoor space is ideal for entertaining or unwinding after a day of golf, hiking, or exploring the desert. Located within Terra Lago, a private, non-age-restricted, guard-gated community, residents enjoy resort-style amenities including a stunning 20-acre lake, a resort pool and spa, fitness center, and an impressive 10,000-square-foot clubhouse. The low HOA of just $325 per month includes CABLE and Wi-Fi, providing exceptional value while enhancing the community's appeal. Terra Lago's approved short-term rental policy makes this home especially attractive for investors seeking strong income potential. Conveniently located near world-class golf courses, casinos, shopping, dining, entertainment, music festivals, and all that the Coachella Valley has to offer, this is a rare opportunity to own an exceptional home in one of Indio's most desirable resort communities.

Features & Amenities

Terra LagoFeeBuilt 2009

Property Details

Subdivision
Terra Lago
Land Type
Fee
Year Built
2009
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
2
Heating
Forced Air
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Tile
City
Indio
Zip Code
92203
County
Riverside
Listed byCompass, Galina F Tucker·760-609-9349

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,654.69
Principal & Interest
Loan Amount
$420,000
Total Interest
$535,687
Total Payment Over 30 Years
$955,687
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Terra Lago

This property is located in Terra Lago, a community in Indio. Explore more listings in this neighborhood to compare options and pricing.

View Terra Lago Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

42871 Incantata Place, Indio, CA 92203

Terra Lago · Indio · Single Family Residence

$525K
Residential Tier
Beds
4
Baths
2
Sqft
1,920
Lot
4,792 sqft
Year
2009
$/Sqft
$273
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 19.2% below the median closed sale of $650,000. Price per sqft ($273) is a 13% discount to closed comps ($313).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $525K· $273/sqft
Total list price
Closed comps
vs closed median $650K
$125K (19.2%)
Active comps
vs active median $639K
$114K (17.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $394
$121 (30.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
84146 Azzura WayIndio2010321,6375,663$382$625,0001887
84081 AzzuraIndio2011321,7376,098$279$485,0001887
42680 Incantata PlaceIndio2009432,3385,227$273$639,000487
84297 Canzone DriveIndio2005321,7206,098$567$975,00010386
84066 Olona CourtIndio2007432,3385,227$470$1.10M8785
Total: 5 · Average3.42.41,9545,662.6$394.2$764,80046
Median1,737$639,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
43055 Armonia CourtIndio202208/28/2026432,4163,920$899,900$831,000$3440.9212683
84684 Lago Brezza DriveIndio200906/18/2026432,2347,841$615,000$615,000$2751.00081
42873 Della PlaceIndio201107/10/2026321,7375,663$699,000$699,000$4021.0010081
42795 Ponte CourtIndio200906/17/2026432,4727,841$599,000$599,000$2421.0016178
43245 Bacino CourtIndio200608/03/2026332,1573,920$650,000$650,000$3011.007477
Total: 5 · Average3.62.82,203.25,837$678,800$678,800$312.892.2
Median2,234$650,000$650,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.