78487 Magenta Drive, La Quinta, CA 92253
78487 Magenta Drive, La Quinta, CA 92253
Property Description
This condo features a premium location with lake, fairway and mountain views. Located away from traffic and noise. The interior features a great room floor plan. The kitchen features some newer appliances and is open to the great room. The primary bath is upgraded with a walk in custom tile shower. Newer vinyl flooring or tile throughout. Decorated with warm, neutral colors and offered furnished. The newer HVAC system is energy efficient. The inclusion of a 1-car garage adds practicality to the package. The complex's amenities include 6 community pools and spa areas, to provide ample opportunities for relaxation and recreation. The added perk of UNLIMITED golf on a Ted Robinson designed par 3 course. Enjoy tennis and pickleball courts that are well maintained. Now the area headquarters for Helix Disc Golf, which enhances lifestyle appeal. Low HOA dues covering essential services, cable, and internet make for worry-free living, while convenient access to shopping, dining, and transportation adds to the property's allure. Situated across from the Indian Wells Tennis Gardens, home of the Paribas Open, this property is perfect for either full-time residence or a luxury seasonal home. Overall, it truly offers a lifestyle of convenience and luxury, appealing to those seeking the ultimate in comfort and relaxation.
Features & Amenities
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 45.0% below the median closed sale of $471,250. Price per sqft ($339) is a 19% 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 78431 Magenta Drive | La Quinta | 1998 | 1 | 1 | 763 | 871 | $372 | $284,000 | 25 | 99 |
| 78127 Crimson Court | La Quinta | 1989 | 1 | 1 | 763 | 3,485 | $315 | $240,000 | 4 | 96 |
| 78229 Indigo Drive | La Quinta | 1989 | 1 | 1 | 763 | 752 | $347 | $265,000 | 11 | 96 |
| 78127 Indigo Drive | La Quinta | 1987 | 1 | 1 | 763 | 0 | $360 | $275,000 | 98 | 95 |
| 78185 Indigo Drive | La Quinta | 1987 | 1 | 1 | 763 | 3,049 | $353 | $269,000 | 183 | 93 |
| Total: 5 · Average | 1.0 | 1.0 | 763 | 2,039.25 | $349.4 | $266,600 | 64.2 | |||
| 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 | 83 |
| 78197 Indigo Drive | La Quinta | 1987 | 05/22/2026 | 2 | 2 | 926 | 0 | $340,000 | $299,000 | $323 | 0.88 | 80 | 82 |
| 48616 Legacy Drive | La Quinta | 2006 | 05/22/2026 | 2 | 2 | 1,307 | 2,340 | $565,000 | $542,500 | $415 | 0.96 | 261 | 53 |
| 80128 Whisper Rock Way | La Quinta | 2023 | 05/15/2026 | 2 | 2 | 1,222 | 4,792 | $615,000 | $610,000 | $499 | 0.99 | 15 | 49 |
| 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.