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78225 Cortez Ln 181, Indian Wells, CA 92210

List Price: $335,000On Market FlagOn market
Feb 21, 2025576 sqft1 beds1 baths
Listed by: Preston King
License #: 02210006
Phone #: (503) 840-9157
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 219125191PS

Property Description

DESERT RETREAT ON FEE LAND IN INDIAN WELLS - IDEAL VACATION GETAWAY OR INVESTMENT! Welcome to Mountain Cove in Indian Wells! Unlike most homes in the community, this ground-floor 1BD/1BA condo is on DEEDED LAND, meaning NO LAND LEASE PAYMENTS--a rare and valuable find. Keep energy costs down with this well shielded and insulated lower level unit. Inside, enjoy a freshly painted interior, an expanded kitchen, and a newly installed bathroom sink. The spacious private patio creates a seamless indoor-outdoor living experience, perfect for relaxing or entertaining under the desert sky. Updates include a new A/C UNIT, ON-DEMAND TANKLESS WATER HEATER, and HIGH-END SLIDING DOORS AND WINDOWS. The bathroom features a JACUZZI-BRAND JETTED TUB, and the in-unit SWEDISH WASHER/DRYER adds everyday convenience. Matching tile floors throughout the interior and patio enhance flow and style, while CALIFORNIA CLOSETS, CUSTOM PATIO GATES, and PATIO SUNSCREENS provide functional, stylish upgrades. The kitchen boasts SAMSUNG APPLIANCES, a sleek backsplash, upgraded countertops, and custom blinds, all designed for easy, modern living. With a 7-DAY MINIMUM RENTAL POLICY, Mountain Cove allows for short-term rentals--an attractive opportunity for seasonal owners or vacation investors. Enjoy access to THREE COMMUNITY POOLS, all set against a breathtaking mountain backdrop. As an Indian Wells resident, you'll receive exclusive perks: Discounted golf at the INDIAN WELLS GOLF RESORT for only $35 PER ROUND WITH A GOLF CART from MAY -DECEMBER, and $50 PER ROUND from JANUARY-APRIL, complimentary access to the HYATT REGENCY GYM, RESTAURANT and HOTEL DISCOUNTS, and tickets to the INDIAN WELLS TENNIS GARDENS! Ideally located near El Paseo, world-class shopping, dining, golf, and hiking, this beautifully updated condo offers the ultimate blend of LUXURY, LIFESTYLE, and RENTAL INCOME POTENTIAL.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,208

TurboHome Estimated Value

$341,100

$592 sqft

High Valuation
$358,155
$622/sqft
Normal Valuation
$341,100
$592/sqft
Low Valuation
$324,045
$563/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$592/sqft$341,100

Neighborhood: Mountain Cove

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Comparative Value

$275K

$279K

$285K

$295K

$335K

$340K

78255 Cabrillo Ln 125, Indian Wells, CA 92210

Sale Price: $275,000

Selected Comparable

78250 Cortez Ln 142, Indian Wells, CA 92210

Sale Price: $278,500

Selected Comparable

46700 Mountain Cove Dr 5, Indian Wells, CA 92210

Sale Price: $285,000

Selected Comparable

78213 Crimson Ct, La Quinta, CA 92253

Sale Price: $295,000

Selected Comparable

78225 Cortez Ln 181, Indian Wells, CA 92210

List Price: $335,000

Subject Property

46880 Mountain Cove Dr 98, Indian Wells, CA 92210

Sale Price: $340,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
78225 Cortez Ln 181, Indian Wells, CA 92210

78225 Cortez Ln 181, Indian Wells, CA 92210

List: $335,000

Listed: 2/21/2025

Area:576 sqft
Price/sqft:$582
Beds:1
Baths:1
Year Built:
Lot Size:534

Comparable Properties

COMPARABLE
Choose comps
78255 Cabrillo Ln 125, Indian Wells, CA 92210

78255 Cabrillo Ln 125, Indian Wells, CA 92210

Sale: $275,000

4/11/20250.08 mi

Area:576 sqft
Price/sqft:$477
Beds:1
Baths:1
Year Built:
Weight:21.5%
46880 Mountain Cove Dr 98, Indian Wells, CA 92210

46880 Mountain Cove Dr 98, Indian Wells, CA 92210

Sale: $340,000

5/2/20250.09 mi

Area:576 sqft
Price/sqft:$590
Beds:1
Baths:1
Year Built:
Weight:21.5%
46700 Mountain Cove Dr 5, Indian Wells, CA 92210

46700 Mountain Cove Dr 5, Indian Wells, CA 92210

Sale: $285,000

2/28/20250.12 mi

Area:576 sqft
Price/sqft:$495
Beds:1
Baths:1
Year Built:
Weight:21.0%
78250 Cortez Ln 142, Indian Wells, CA 92210

78250 Cortez Ln 142, Indian Wells, CA 92210

Sale: $278,500

12/9/20240.05 mi

Area:576 sqft
Price/sqft:$484
Beds:1
Baths:1
Year Built:
Weight:20.6%
78213 Crimson Ct, La Quinta, CA 92253

78213 Crimson Ct, La Quinta, CA 92253

Sale: $295,000

5/28/20251.26 mi

Area:763 sqft
Price/sqft:$387
Beds:1
Baths:1
Year Built:
Weight:15.4%

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