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78199 Indigo Drive, La Quinta, CA 92253

$315K2bd · 2ba · 926 sqft
Lot 3,049 sqftHOA $450/moCondominium
Active
25d on marketMLS# 219147851

Property Description

Investor Opportunity or Perfect Desert Retreat in Palm Royale - Priced to Sell! Welcome to Palm Royale in beautiful La Quinta! This 2-bedroom, 2-bath condo is ideally situated on the golf course, offering peaceful fairway views and a quiet location with no one above you. Inside, you'll find vaulted ceilings in both bedrooms, creating an open and airy feel. The kitchen is all original and ready for your personal touch--bring your vision and a little TLC to transform this condo into the perfect desert getaway, full-time residence, or investment property. One of the standout features of Palm Royale is unlimited golf included with the HOA, making it a fantastic value for golf lovers. The home also includes a single-car garage for added convenience and storage. The HOA covers TV and internet, helping keep monthly expenses simple and manageable. Located within walking distance to the world-famous Indian Wells Tennis Garden, you'll enjoy easy access to world-class tennis, dining, shopping, and entertainment. With golf course views, a premium quiet location, and pricing designed to sell quickly, this is an incredible opportunity to own in Palm Royale. Don't miss it!

Features & Amenities

Palm RoyaleFeeBuilt 1987

Property Details

Subdivision
Palm Royale
Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Golf Course
Flooring
Ceramic Tile, Linoleum
City
La Quinta
Zip Code
92253
County
Riverside
Listed byHomeSmart, Alexander Gonzalez·760-285-4853

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,592.81
Principal & Interest
Loan Amount
$251,999
Total Interest
$321,411
Total Payment Over 30 Years
$573,410
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 · 3 closed

78199 Indigo Drive, La Quinta, CA 92253

Palm Royale · La Quinta · Condominium

$315K
Affordable Tier
Beds
2
Baths
2
Sqft
926
Lot
3,049 sqft
Year
1987
$/Sqft
$340
Pool: No
Spa: No
View: golf
Garage: 1-car

Listed 21.3% below the median closed sale of $400,000. Price per sqft ($340) is a 19% discount to closed comps ($420). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $315K· $340/sqft
Total list price
Closed comps
vs closed median $400K
$85K (21.3%)
Active comps
vs active median $400K
$85K (21.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $428
$88 (20.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
78301 Scarlet CourtLa Quinta1989229120$450$410,0005598
78363 Terra Cotta CourtLa Quinta1989229124,356$395$360,0003296
78283 Scarlet CourtLa Quinta1989229120$439$400,0003796
78223 Scarlet CourtLa Quinta1989229123,485$362$330,00020495
78493 MagentaLa Quinta2000229120$493$450,0004495
Total: 5 · Average2.02.09123,920.5$427.8$390,00074.4
Median912$400,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78197 Indigo DriveLa Quinta198705/22/2026229260$340,000$299,000$3230.888094
78357 Terra Cotta CourtLa Quinta198905/15/2026229120$429,000$400,000$4390.9318193
80128 Whisper Rock WayLa Quinta202305/15/2026221,2224,792$615,000$610,000$4990.991561
Total: 3 · Average2.02.01,0204,792$436,333.333$436,333.333$420.33392
Median926$400,000$400,000

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.