78229 Indigo Drive, La Quinta, CA 92253
78229 Indigo Drive, La Quinta, CA 92253
Property Description
Rare upper level condo was the former Builders Model in Palm Royale. The best overall value in the city of La Quinta. This upper level penthouse condo is located in Palm Royale HOA which includes pools and spas throughout the community, clubhouse, building maintenance, pickleball courts, tennis courts, gym, Wifi and cable, and golf. Palm Royale is located directly across the street from the BNP Paribas Tennis facility. The condo is the best located unit in the development with elevated panoramic South East golf course, lake, and mountain views. Inside the condo it has a clean contemporary look which is perfect for someone seeking a lock n leave condo in the Coachella Valley. The living room has an open concept with amazing natural light from all angles, and vaulted ceilings. The balcony is perfect for entertaining guests and enjoying evening sunsets The power company for Palm Royale is IID which is historically way less expensive than SCE. Big Bonus! Please call today to schedule a private showing.
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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 ListingsComparative Market Analysis
Affordable Tier · 5 active · 4 closed
Palm Royale · La Quinta · Condominium
Listed 43.8% below the median closed sale of $471,250. Price per sqft ($347) is a 17% discount to closed comps ($419). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 134 days on market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 78127 Indigo Drive | La Quinta | 1987 | 1 | 1 | 763 | 0 | $360 | $275,000 | 99 | 98 |
| 78431 Magenta Drive | La Quinta | 1998 | 1 | 1 | 763 | 871 | $372 | $284,000 | 26 | 96 |
| 78127 Crimson Court | La Quinta | 1989 | 1 | 1 | 763 | 3,485 | $315 | $240,000 | 5 | 94 |
| 78185 Indigo Drive | La Quinta | 1987 | 1 | 1 | 763 | 3,049 | $353 | $269,000 | 184 | 91 |
| 78487 Magenta Drive | La Quinta | 2000 | 1 | 1 | 763 | 0 | $339 | $259,000 | 153 | 89 |
| Total: 5 · Average | 1.0 | 1.0 | 763 | 2,468.333 | $347.8 | $265,400 | 93.4 | |||
| Median | 763 | $269,000 | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 78357 Terra Cotta Court | La Quinta | 1989 | 05/15/2026 | 2 | 2 | 912 | 0 | $429,000 | $400,000 | $439 | 0.93 | 181 | 82 |
| 78197 Indigo Drive | La Quinta | 1987 | 05/22/2026 | 2 | 2 | 926 | 0 | $340,000 | $299,000 | $323 | 0.88 | 80 | 81 |
| 48616 Legacy Drive | La Quinta | 2006 | 05/22/2026 | 2 | 2 | 1,307 | 2,340 | $565,000 | $542,500 | $415 | 0.96 | 261 | 47 |
| 80128 Whisper Rock Way | La Quinta | 2023 | 05/15/2026 | 2 | 2 | 1,222 | 4,792 | $615,000 | $610,000 | $499 | 0.99 | 15 | 44 |
| Total: 4 · Average | 2.0 | 2.0 | 1,091.75 | 3,566 | $462,875 | $462,875 | $419 | — | 134.25 | ||||
| Median | 1,222 | $542,500 | $542,500 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.