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78200 Cortez Lane, 147, Indian Wells, CA 92210

$279K1bd · 1ba · 576 sqft
Lot 586 sqft•HOA $265/mo•Condominium•
Active
•91d on market•MLS# 219150883

Property Description

Welcome to this beautifully remodeled one-bedroom condo in the Club View section of guard-gated Mountain Cove. Fresh, bright, and in excellent condition, it offers a true one-bedroom layout with in-unit laundry, an oversized private patio, and a second patio off the bedroom--perfect for morning coffee or catching the evening light. Inside you'll find open living spaces that flow easily outdoors, completely remodeled finishes throughout, and a comfortable, low-maintenance feel that's ready for you or your guests. The location makes it simple: walk to the community pools and citrus-lined paths, or hop over to Indian Wells Golf Resort, the Tennis Garden, El Paseo, and all the dining and shopping nearby. Short-term rentals are allowed with a 7-night minimum, and as an Indian Wells owner you'll enjoy the city's resident benefits--discounts on golf, restaurants, spas, and special events. Whether you're looking for a relaxing second home, a turnkey vacation rental, or a full-time desert retreat, this one checks the boxes.

Features & Amenities

Mountain CoveLeaseBuilt 1972

Property Details

Subdivision
Mountain Cove
Land Type
Lease
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air
Cooling
Air Conditioning
View
Mountain(s)
Flooring
Laminate
City
Indian Wells
Zip Code
92210
County
Riverside
Listed byColdwell Banker Realty, Nicholas Miller·760-322-8552

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,410.78
Principal & Interest
Loan Amount
$223,200
Total Interest
$284,679
Total Payment Over 30 Years
$507,879
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Mountain Cove

This property is located in Mountain Cove, a community in Indian Wells. Explore more listings in this neighborhood to compare options and pricing.

View Mountain Cove Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

78200 Cortez Lane, 147, Indian Wells, CA 92210

Mountain Cove · Indian Wells · Condominium · Lease Land

$299K
Affordable Tier
Beds
1
Baths
1
Sqft
576
Lot
586 sqft
Year
1972
$/Sqft
$519
Pool: No✓
Spa: No✓
View: mountain✓

Listed in line with the median closed sale of $300,000. Price per sqft ($519) is a 31% premium to closed comps ($395). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $299K· $519/sqft
Total list price
Closed comps
vs closed median $300K
−$1K (−0.3%)
Active comps
vs active median $315K
−$16K (−5.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $518
+$1 (+0.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
46880 Mountain Cove DriveIndian Wells197211576701$562$324,0001698
46700 Mountain Cove DriveIndian Wells197211576662$467$269,0005598
46750 Mountain Cove DriveIndian Wells197211576871$451$260,0002397
78200 Cortez LaneIndian Wells197211576514$547$315,00016997
78250 Cortez LaneIndian Wells197211576436$564$325,00025995
Total: 5 · Average1.01.0576636.8$518.2$298,600104.4
Median576$315,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78250 Cortez LaneIndian Wells197209/18/202611576436$295,000$264,500$4590.906998
78200 Cortez LaneIndian Wells197210/15/202611576436$319,000$300,000$5210.9415697
46855 Mountain Cove DriveIndian Wells197205/28/2026115760$319,900$300,000$5210.9411494
78130 Cortez LaneIndian Wells197208/12/2026221,152436$299,900$277,500$2410.935172
46646 Arapahoe LaneIndian Wells198008/17/2026221,4461,439$359,000$340,000$2350.955365
Total: 5 · Average1.41.4865.2686.75$296,400$296,400$395.4—88.6
Median576$300,000$300,000

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.