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78200 Cortez Lane, 149, Indian Wells, CA 92210

$315K1bd · 1ba · 576 sqft
Lot 514 sqftHOA $265/moCondominium
Active
119d on marketMLS# 219147771

Property Description

Location, Location, Location! Don't miss this chance to own this stunning upgraded Condo in the desirable gated community 'Mountain Cove' in Indian Wells. This spectacular lower-level unit features one-bedroom, one-bathroom, laundry room, cozy and charming living and kitchen space with panoramic mountain views and easy pool access just steps away. This condo offers a generous outdoor space, boasting a double patio perfect for admiring the mountain scenery, morning and night. Fully furnished! Owners of Indian Wells enjoy significant advantages (discounted golf, spa and shopping, along with access to great fitness facilities a short drive away) This community permits for Short Term Rentals, 7 days minimum.

Features & Amenities

Mountain CoveLeaseBuilt 1972

Property Details

Subdivision
Mountain Cove
Land Type
Lease
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Tile
City
Indian Wells
Zip Code
92210
County
Riverside
Listed byVYP Real Estate & Associates, Veronica Y Perez·760-396-7737

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,592.81
Principal & Interest
Loan Amount
$252,000
Total Interest
$321,412
Total Payment Over 30 Years
$573,412
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 · 3 closed

78200 Cortez Lane, 149, Indian Wells, CA 92210

Mountain Cove · Indian Wells · Condominium · Lease Land

$315K
Affordable Tier
Beds
1
Baths
1
Sqft
576
Lot
514 sqft
Year
1972
$/Sqft
$547
Pool: Yes
Spa: No
View: mountain

Listed 14.5% above the median closed sale of $275,000. Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $315K· $547/sqft
Total list price
Closed comps
vs closed median $275K
+$40K (+14.5%)
Active comps
vs active median $290K
+$25K (+8.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $375
+$172 (+45.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
77845 California DrivePalm Desert1973117500$247$185,00023865
50590 Santa RosaLa Quinta200411682682$425$289,9005464
50670 Santa RosaLa Quinta200411683830$432$295,00023563
78229 Indigo DriveLa Quinta198911763748$339$259,000162
50760 Santa Rosa PlazaLa Quinta200311682822$431$294,00010762
Total: 5 · Average1.01.0712770.5$374.8$264,580127
Median683$289,900

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78225 Cortez LaneIndian Wells197208/25/202611576534$295,000$275,000$4770.934696
78250 Cortez LaneIndian Wells197208/14/202611576576$265,000$245,000$4250.939696
78155 Cabrillo LaneIndian Wells197206/30/2026115760$360,000$345,000$5990.96096
Total: 3 · Average1.01.0576555$288,333.333$288,333.333$500.33347.333333333333336
Median576$275,000$275,000

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.