78431 Magenta Drive
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78431 Magenta Drive, La Quinta, CA 92253

$275K1bd · 1ba · 763 sqft
Lot 871 sqftHOA $575/moCondominium
Active
119d on marketMLS# 219147774

Property Description

This upper-level, west-facing condo offers panoramic fairway and mountain views. The home features vaulted ceilings, and is decorated in warm, neutral tones. Energy-efficient upgrades include newer ceiling fans and an efficient HVAC system. Built later than most of the community, the building provides more modern amenities and design. Located in a quiet interior section, the home offers quick access to the pool and spa and includes a 1-car garage. The community offers an exceptional array of amenities: six pools and spas, tennis and pickleball courts, and UNLIMITED golf on a Ted Robinson-designed par-3 course. As the new headquarters for Helix Disc Golf, the complex also appeals to disc-golf enthusiasts. Low HOA dues cover essential services, cable, and internet, making for worry-free living. The location is unbeatable, minutes from shopping, dining, and transportation, and directly across from the world-renowned Indian Wells Tennis Garden, home of the BNP Paribas Open. Whether you're seeking a full-time residence or a luxury seasonal retreat, this property delivers a lifestyle defined by convenience, recreation, and resort-style comfort.

Features & Amenities

Palm RoyaleFeeBuilt 1998

Property Details

Subdivision
Palm Royale
Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Heat Pump
Cooling
Central Air
View
Golf Course, Mountain(s), Panoramic
Flooring
Ceramic Tile, Concrete
City
La Quinta
Zip Code
92253
County
Riverside
Listed byBennion Deville Homes, Linda Langman·760-831-7180

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,390.55
Principal & Interest
Loan Amount
$220,000
Total Interest
$280,598
Total Payment Over 30 Years
$500,598
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

78431 Magenta Drive, La Quinta, CA 92253

Palm Royale · La Quinta · Condominium

$275K
Affordable Tier
Beds
1
Baths
1
Sqft
763
Lot
871 sqft
Year
1998
$/Sqft
$360
Pool: Yes
Spa: Yes
View: golf
Garage: 1-car

Listed 6.8% below the median closed sale of $295,000. Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $275K· $360/sqft
Total list price
Closed comps
vs closed median $295K
$20K (6.8%)
Active comps
vs active median $359K
$84K (23.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $394
$34 (8.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
78229 Indigo DriveLa Quinta198911763748$339$259,000194
78127 Indigo DriveLa Quinta1987117630$360$275,00018991
78403 Magenta DriveLa Quinta199822912871$394$359,0002486
78493 MagentaLa Quinta2000229120$450$410,00013583
78301 Scarlet CourtLa Quinta1989229120$427$389,00014581
Total: 5 · Average1.61.6852.4809.5$394$338,40098.8
Median912$359,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78487 Magenta DriveLa Quinta200009/01/2026117630$259,000$252,000$3300.972991
78127 Crimson CourtLa Quinta198908/06/2026117633,485$240,000$235,000$3080.986489
78223 Scarlet CourtLa Quinta198907/15/2026229123,485$330,000$320,000$3510.9724278
78357 Terra Cotta CourtLa Quinta198905/15/2026229120$429,000$400,000$4390.9318177
78379 Terra Cotta CourtLa Quinta198906/10/2026229260$335,000$295,000$3190.882577
Total: 5 · Average1.61.6855.23,485$300,400$300,400$349.4108.2
Median912$295,000$295,000

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.