78431 Magenta Drive
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78431 Magenta Drive, La Quinta, CA 92253

$284K1bd · 1ba · 763 sqft
Lot 871 sqftHOA $575/moCondominium
Active
73d on marketMLS# 219147774

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.

Features & Amenities

Palm RoyaleFeeBuilt 1998

Property Details

Subdivision
Palm Royale
Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Heat Pump
Cooling
Central Air
View
Golf Course, Mountain(s), Panoramic
Flooring
Ceramic Tile, Concrete
City
La Quinta
Zip Code
92253
County
Riverside
Listed byBennion Deville Homes, Linda Langman·760-831-7180

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,436.06
Principal & Interest
Loan Amount
$227,200
Total Interest
$289,781
Total Payment Over 30 Years
$516,981
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

78431 Magenta Drive, La Quinta, CA 92253

Palm Royale · La Quinta · Condominium

$284K
Affordable Tier
Beds
1
Baths
1
Sqft
763
Lot
871 sqft
Year
1998
$/Sqft
$372
Pool: Yes
Spa: Yes
View: golf
Garage: 1-car

Listed 8.2% 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 $284K· $372/sqft
Total list price
Closed comps
vs closed median $320K
$36K (11.3%)
Active comps
vs active median $269K
+$15K (+5.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $370
+$2 (+0.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
78229 Indigo DriveLa Quinta198911763752$347$265,0005393
78127 Indigo DriveLa Quinta1987117630$360$275,00014192
78487 Magenta DriveLa Quinta2000117630$339$259,00019489
78185 Indigo DriveLa Quinta1987117633,049$353$269,00022586
78493 MagentaLa Quinta2000229120$450$410,0008683
Total: 5 · Average1.21.2792.81,900.5$369.8$295,600139.8
Median763$269,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78223 Scarlet CourtLa Quinta198907/15/2026229123,485$330,000$320,000$3510.9724278
78357 Terra Cotta CourtLa Quinta198905/15/2026229120$429,000$400,000$4390.9318177
78379 Terra Cotta CourtLa Quinta198906/10/2026229260$335,000$295,000$3190.882577
78197 Indigo DriveLa Quinta198705/22/2026229260$340,000$299,000$3230.888076
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.