78403 Magenta Drive, La Quinta, CA 92253
78403 Magenta Drive, La Quinta, CA 92253
Property Description
What if your next home gave you more than a place to live? Palm Royale offers a complete La Quinta lifestyle built around golf, recreation, convenience and LOW MAINTENANCE condominium living. Homeowners enjoy golf privileges with NO GREEN FEES on the community's Ted Robinson-designed 18-hole par-3 course, providing a rare opportunity to play regularly without the initiation structure of a traditional private country club. The walking-only course is equally appealing to newer golfers and experienced players looking to sharpen their short game. Ownership amenities also include six pools and spas, six lighted tennis and pickleball courts, a clubhouse and an on-site Golf Pro Shop. The condo features soft-closing cabinets and doors, two motorized awnings, and ceiling fans in both bedrooms and the living room. HOA dues includes cable and trash service, common landscaping, gated access, master association insurance, exterior and common-area maintenance and professional management. THIS IS A MONETARY VALUE THAT FAR EXCEEDS THE HOA FEES. Everyday shopping, restaurants, healthcare, Old Town La Quinta, shopping at El Paseo and the Indian Wells Tennis Garden are all conveniently nearby. You will also be well geographically positioned to enjoy signature desert events such as the BNP Paribas Open, The American Express PGA Tour golf tournament, La Quinta Art Celebration, Coachella, Stagecoach, and the Palm Springs Film Festival. Whether you are looking for a full-time residence, a seasonal desert escape or an easy lock-and-leave lifestyle, this Palm Royale condo offers a compelling combination of recreation, convenience and value.
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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 ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Palm Royale · La Quinta · Condominium
Listed 20.1% above the median closed sale of $299,000. Price per sqft ($394) is a 12% premium to closed comps ($352). Closed comps sold at 93% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 78493 Magenta | La Quinta | 2000 | 2 | 2 | 912 | 0 | $450 | $410,000 | 143 | 97 |
| 78301 Scarlet Court | La Quinta | 1989 | 2 | 2 | 912 | 0 | $427 | $389,000 | 153 | 95 |
| 78283 Scarlet Court | La Quinta | 1989 | 2 | 2 | 912 | 0 | $439 | $400,000 | 135 | 93 |
| 78303 Scarlet Court | La Quinta | 1989 | 2 | 2 | 912 | 0 | $345 | $315,000 | 12 | 92 |
| 78199 Indigo Drive | La Quinta | 1987 | 2 | 2 | 926 | 3,049 | $324 | $299,999 | 122 | 89 |
| Total: 5 · Average | 2.0 | 2.0 | 914.8 | 3,049 | $397 | $362,799.8 | 113 | |||
| Median | 912 | $389,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 78223 Scarlet Court | La Quinta | 1989 | 07/15/2026 | 2 | 2 | 912 | 3,485 | $330,000 | $320,000 | $351 | 0.97 | 242 | 91 |
| 78357 Terra Cotta Court | La Quinta | 1989 | 05/15/2026 | 2 | 2 | 912 | 0 | $429,000 | $400,000 | $439 | 0.93 | 181 | 90 |
| 78379 Terra Cotta Court | La Quinta | 1989 | 06/10/2026 | 2 | 2 | 926 | 0 | $335,000 | $295,000 | $319 | 0.88 | 25 | 90 |
| 78197 Indigo Drive | La Quinta | 1987 | 05/22/2026 | 2 | 2 | 926 | 0 | $340,000 | $299,000 | $323 | 0.88 | 80 | 89 |
| 78487 Magenta Drive | La Quinta | 2000 | 09/01/2026 | 1 | 1 | 763 | 0 | $259,000 | $252,000 | $330 | 0.97 | 29 | 83 |
| Total: 5 · Average | 1.8 | 1.8 | 887.8 | 3,485 | $313,200 | $313,200 | $352.4 | — | 111.4 | ||||
| Median | 912 | $299,000 | $299,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.