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78225 Cabrillo Lane #103, Indian Wells, CA 92210

$319K1bd · 1ba · 576 sqft
HOA $264/moCondominium
Active
21d on marketMLS# IG-26139693

Property Description

Fantastic opportunity to acquire a tastefully updated condo in desirable Indian Wells with short-term rental opportunities at an attractive price! Located in the sought-after and gated community of Mountain Cove, this fully-furnished ground level unit features a spacious wrap-around patio with easy access to the community pools and parking. The bathroom has been fully remodeled with new granite counters and a beautiful walk-in shower. The kitchen similarly has been beautifully remodeled and opens to the living room as well as the patio for easy entertaining and day-to-day living. The Club View Association with very reasonable HOA dues features spacious community lawn areas, three heated pools, multiple fruit trees as well as EV charging. Located in the low cost IID district, electricity bills are amongst the lowest in the state! Additionally, the property offers the rare ability to rent short-term with a seven day minimum rental period. Very few communities within Indian Wells allow this and makes for a rare opportunity to earn great income in one of the desert's most sought after locations. Mountain Cove is a safe and quiet gated community yet is only minutes to the Indian Wells Tennis Garden as well as some of the best shopping, dining and golf the Coachella Valley has to offer. Lastly, as a Indian Wells homeowner you will enjoy amazing discounts at hotels and restaurants around town as well as golfing at the Indian Wells Golf Resort!

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, Electric
View
Desert, Mountain(s), Park/Greenbelt
Flooring
Laminate
City
Indian Wells
Zip Code
92210
County
Riverside
Listed byVista Sotheby's International Realty, Joseph Varney

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,613.04
Principal & Interest
Loan Amount
$255,200
Total Interest
$325,494
Total Payment Over 30 Years
$580,694
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 · 0 closed

78225 Cabrillo Lane #103, Indian Wells, CA 92210

Mountain Cove · Indian Wells · Condominium · Lease Land

$319K
Affordable Tier
Beds
1
Baths
1
Sqft
576
Lot
0 sqft
Year
1972
$/Sqft
$554
Pool: Yes
Spa: No
View: mountain

Comparable sales support the current list price.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $319K· $554/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $299K
+$20K (+6.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $453
+$101 (+22.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
78225 Cortez LaneIndian Wells197211576534$512$295,000396
50750 Santa Rosa PlazaLa Quinta2003116820$455$309,999268
50630 Santa Rosa PlazaLa Quinta200411682834$403$275,0007566
50760 Santa Rosa PlazaLa Quinta2003116820$455$309,999265
50610 Santa Rosa PlazaLa Quinta2004116820$438$299,0002064
Total: 5 · Average1.01.0660.8684$452.6$297,799.620.4
Median682$299,000

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.