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78200 Cortez Lane, 147, Indian Wells, CA 92210

$299K1bd · 1ba · 576 sqft
Lot 586 sqft•HOA $265/mo•Condominium•
Active
•73d 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
$1,511.91
Principal & Interest
Loan Amount
$239,200
Total Interest
$305,086
Total Payment Over 30 Years
$544,286
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, 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: Yes✓
Spa: No✓
View: mountain✓

Listed 8.7% 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 $299K· $519/sqft
Total list price
Closed comps
vs closed median $275K
+$24K (+8.7%)
Active comps
vs active median $279K
+$20K (+7.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $360
+$159 (+44.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
77845 California DrivePalm Desert1973117500$240$180,000470
50730 Santa Rosa PlazaLa Quinta200311682819$438$299,0001767
78650 Avenue 42Bermuda Dunes198811760714$288$219,0003365
50590 Santa RosaLa Quinta200411682682$425$289,9008964
50650 Santa Rosa PlazaLa Quinta200411682838$409$279,0001164
Total: 5 · Average1.01.0711.2763.25$360$253,38030.8
Median682$279,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78250 Cortez LaneIndian Wells197208/14/202611576576$265,000$245,000$4250.939696
78225 Cortez LaneIndian Wells197208/25/202611576534$295,000$275,000$4770.934696
78155 Cabrillo LaneIndian Wells197206/30/2026115760$360,000$345,000$5990.96095
Total: 3 · Average1.01.0576555$288,333.333$288,333.333$500.333—47.333333333333336
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.