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78037 Cobalt Court, La Quinta, CA 92253

$300K2bd · 2ba · 912 sqft
Lot 919 sqftHOA $575/moCondominium
Active
121d on marketMLS# 219145350

Property Description

Welcome to your serene desert retreat in the highly sought-after Palm Royale Country Club in La Quinta. This beautifully appointed 2-bedroom, 2-bath condo offers a light-filled, airy interior designed for comfort and relaxation. From the moment you step inside, you'll appreciate the bright, open feel that makes this home the perfect escape or full-time residence or winter getaway. Step out to the back and take in breathtaking views of the sparkling lake, lush golf course, and majestic surrounding mountains--an idyllic backdrop for morning coffee or evening sunsets. The peaceful setting creates a true sense of tranquility while still offering plenty of opportunities for recreation. Residents of Palm Royale enjoy access to well-maintained tennis courts, multiple community pools and spas, and beautifully landscaped grounds. Conveniently located just minutes from premier shopping, dining, and entertainment, this home offers the perfect blend of relaxation and accessibility. Whether you're looking for a weekend getaway, investment property, or year-round residence, this condo captures the essence of desert living at its finest.

Features & Amenities

Palm RoyaleFeeBuilt 1989

Property Details

Subdivision
Palm Royale
Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Golf Course, Lake, Mountain(s)
Flooring
Spanish Tile
City
La Quinta
Zip Code
92253
County
Riverside
Listed byKUD Properties, Inc., Aaron J Seuss·760-880-1315

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,516.96
Principal & Interest
Loan Amount
$240,000
Total Interest
$306,107
Total Payment Over 30 Years
$546,107
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palm Royale

This property is located in Palm Royale, a community in La Quinta. Explore more listings in this neighborhood to compare options and pricing.

View Palm Royale Listings

Comparative Market Analysis

Affordable Tier · 5 active · 4 closed

78037 Cobalt Court, La Quinta, CA 92253

Palm Royale · La Quinta · Condominium

$300K
Affordable Tier
Beds
2
Baths
2
Sqft
912
Lot
919 sqft
Year
1989
$/Sqft
$329
Pool: Yes
Spa: Yes
View: golf
Garage: 1-car

Listed 3.1% below the median closed sale of $309,500. Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 132 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $300K· $329/sqft
Total list price
Closed comps
vs closed median $320K
$20K (6.3%)
Active comps
vs active median $389K
$89K (22.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $411
$82 (20.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
78301 Scarlet CourtLa Quinta1989229120$427$389,0009699
78283 Scarlet CourtLa Quinta1989229120$439$400,0007897
78493 MagentaLa Quinta2000229120$450$410,0008695
78363 Terra Cotta CourtLa Quinta1989229124,356$378$345,0007393
78303 Scarlet CourtLa Quinta1989229120$362$330,00010493
Total: 5 · Average2.02.09124,356$411.2$374,80087.4
Median912$389,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78223 Scarlet CourtLa Quinta198907/15/2026229123,485$330,000$320,000$3510.9724294
78357 Terra Cotta CourtLa Quinta198905/15/2026229120$429,000$400,000$4390.9318194
78379 Terra Cotta CourtLa Quinta198906/10/2026229260$335,000$295,000$3190.882594
78197 Indigo DriveLa Quinta198705/22/2026229260$340,000$299,000$3230.888093
Total: 4 · Average2.02.09193,485$328,500$328,500$358132
Median926$320,000$320,000

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.