
78477 Magenta Drive, La Quinta, CA 92253
78477 Magenta Drive, La Quinta, CA 92253
Property Description
This renovated 2-bedroom, 2-bath end-unit is situated in a prime location within the gated Palm Royale community, offering sweeping lake, fairway, and mountain views, while remaining tucked away from traffic and noise. Offered furnished and complete with a detached 1-car garage, the home is ready for immediate enjoyment. The seller is motivated and has recently reduced the price, creating an exceptional opportunity. Palm Royale provides an impressive collection of amenities tailored to an active desert lifestyle. Residents enjoy golf on the Ted Robinson-designed par-3 course, pickleball, tennis, six community pools and spas, a fitness center, and a clubhouse. HOA fees include unlimited golf, high-speed internet, cable TV, sewer, trash, and grounds maintenance--streamlining daily living. The community also serves as the desert headquarters for Helix Disc Golf, adding even more recreational variety. The location places you directly across from the Indian Wells Tennis Garden, home of the BNP Paribas Open, and within close reach of shopping, dining, transportation, Acrisure Arena, and major seasonal events such as the Coachella and Stagecoach festivals. The property also offers strong long-term rental appeal, with annual rental performance exceeding $30,000, making it an attractive option for buyers seeking income-producing potential. Whether enjoyed seasonally or as a long-term residence, this condominium checks all the boxes for those seeking a well-situated desert retreat.
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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 · 3 closed
Palm Royale · La Quinta · Condominium
Listed 6.3% below the median closed sale of $400,000. Closed comps sold at 93% of list — buyers have negotiating leverage.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 78493 Magenta | La Quinta | 2000 | 2 | 2 | 912 | 0 | $493 | $450,000 | 44 | 99 |
| 78363 Terra Cotta Court | La Quinta | 1989 | 2 | 2 | 912 | 4,356 | $395 | $360,000 | 31 | 96 |
| 78199 Indigo Drive | La Quinta | 1987 | 2 | 2 | 926 | 3,049 | $340 | $314,999 | 23 | 96 |
| 78301 Scarlet Court | La Quinta | 1989 | 2 | 2 | 912 | 0 | $450 | $410,000 | 54 | 95 |
| 78303 Scarlet Court | La Quinta | 1989 | 2 | 2 | 912 | 0 | $378 | $345,000 | 62 | 95 |
| Total: 5 · Average | 2.0 | 2.0 | 914.8 | 3,702.5 | $411.2 | $375,999.8 | 42.8 | |||
| Median | 912 | $360,000 | ||||||||
Closed Properties (3)
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 | 96 |
| 78197 Indigo Drive | La Quinta | 1987 | 05/22/2026 | 2 | 2 | 926 | 0 | $340,000 | $299,000 | $323 | 0.88 | 80 | 96 |
| 80128 Whisper Rock Way | La Quinta | 2023 | 05/15/2026 | 2 | 2 | 1,222 | 4,792 | $615,000 | $610,000 | $499 | 0.99 | 15 | 64 |
| Total: 3 · Average | 2.0 | 2.0 | 1,020 | 4,792 | $436,333.333 | $436,333.333 | $420.333 | — | 92 | ||||
| Median | 926 | $400,000 | $400,000 | ||||||||||
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.