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78250 Cortez Lane, 139, Indian Wells, CA 92210

$265K1bd · 1ba · 576 sqft
Lot 576 sqftHOA $265/moCondominium
Active
31d on marketMLS# 219147695

Property Description

Fee simple Mountain Cove gem in Clubview HOA! This outstanding condo at 78250 Cortez Lane, Unit 139, sits on true fee simple land--no land lease like most in the community--delivering maximum value and peace of mind. Perfectly located with easy access to the Indian Wells Tennis Gardens, and centrally located between El Paseo and Old Town La Quinta, this property allows short-term rentals with a 7-day minimum, creating excellent income potential. As an Indian Wells owner, you'll enjoy the exclusive Resident Benefits Card with its premium city perks including deeply discounted golf, 20% off at many restaurants and free tickets to the tennis tournament, hockey games and other events. Set in a desirable gated enclave with low HOAs and the best mountain views in the valley, this is a rare opportunity for personal enjoyment or strong investment returns in one of the desert's most prestigious communities.

Features & Amenities

Mountain CoveFeeBuilt 1972

Property Details

Subdivision
Mountain Cove
Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air
Cooling
Air Conditioning
View
Mountain(s)
Flooring
Tile
City
Indian Wells
Zip Code
92210
County
Riverside
Listed byColdwell Banker Realty, Nicholas Miller·760-322-8552

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,339.98
Principal & Interest
Loan Amount
$212,000
Total Interest
$270,394
Total Payment Over 30 Years
$482,394
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Mountain Cove

This property is located in Mountain Cove, a community in Indian Wells. Explore more listings in this neighborhood to compare options and pricing.

View Mountain Cove Listings

Comparative Market Analysis

Affordable Tier · 5 active · 0 closed

78250 Cortez Lane, 139, Indian Wells, CA 92210

Mountain Cove · Indian Wells · Condominium

$265K
Affordable Tier
Beds
1
Baths
1
Sqft
576
Lot
576 sqft
Year
1972
$/Sqft
$460
Pool: Yes
Spa: No
View: mountain

Comparable sales support the current list price.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $265K· $460/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $296K
$31K (10.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $426
+$34 (+7.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
50630 Santa Rosa PlazaLa Quinta200411682834$409$279,0004070
50620 Santa Rosa PlazaLa Quinta200411682871$434$296,0003769
50760 Santa Rosa PlazaLa Quinta200311682822$447$305,0001667
50660 Santa Rosa PlazaLa Quinta200411682832$403$275,0009266
50610 Santa Rosa PlazaLa Quinta200411682871$438$299,0005266
Total: 5 · Average1.01.0682846$426.2$290,80047.4
Median682$296,000

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.