78431 Magenta Drive, La Quinta, CA 92253
78431 Magenta Drive, La Quinta, CA 92253
Property Description
This upper-level, west-facing condo offers panoramic fairway and mountain views. The home features vaulted ceilings, and is decorated in warm, neutral tones. Energy-efficient upgrades include newer ceiling fans and an efficient HVAC system. Built later than most of the community, the building provides more modern amenities and design. Located in a quiet interior section, the home offers quick access to the pool and spa and includes a 1-car garage. The community offers an exceptional array of amenities: six pools and spas, tennis and pickleball courts, and UNLIMITED golf on a Ted Robinson-designed par-3 course. As the new headquarters for Helix Disc Golf, the complex also appeals to disc-golf enthusiasts. Low HOA dues cover essential services, cable, and internet, making for worry-free living. The location is unbeatable, minutes from shopping, dining, and transportation, and directly across from the world-renowned Indian Wells Tennis Garden, home of the BNP Paribas Open. Whether you're seeking a full-time residence or a luxury seasonal retreat, this property delivers a lifestyle defined by convenience, recreation, and resort-style comfort.
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Property Details
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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 39.7% below the median closed sale of $471,250. Price per sqft ($372) is a 11% 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 78229 Indigo Drive | La Quinta | 1989 | 1 | 1 | 763 | 752 | $347 | $265,000 | 12 | 94 |
| 78127 Indigo Drive | La Quinta | 1987 | 1 | 1 | 763 | 0 | $360 | $275,000 | 99 | 93 |
| 78487 Magenta Drive | La Quinta | 2000 | 1 | 1 | 763 | 0 | $339 | $259,000 | 153 | 90 |
| 78127 Crimson Court | La Quinta | 1989 | 1 | 1 | 763 | 3,485 | $315 | $240,000 | 5 | 90 |
| 78185 Indigo Drive | La Quinta | 1987 | 1 | 1 | 763 | 3,049 | $353 | $269,000 | 184 | 87 |
| Total: 5 · Average | 1.0 | 1.0 | 763 | 2,428.667 | $342.8 | $261,600 | 90.6 | |||
| Median | 763 | $265,000 | ||||||||
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 | 78 |
| 78197 Indigo Drive | La Quinta | 1987 | 05/22/2026 | 2 | 2 | 926 | 0 | $340,000 | $299,000 | $323 | 0.88 | 80 | 77 |
| 48616 Legacy Drive | La Quinta | 2006 | 05/22/2026 | 2 | 2 | 1,307 | 2,340 | $565,000 | $542,500 | $415 | 0.96 | 261 | 49 |
| 80128 Whisper Rock Way | La Quinta | 2023 | 05/15/2026 | 2 | 2 | 1,222 | 4,792 | $615,000 | $610,000 | $499 | 0.99 | 15 | 46 |
| 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.