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78130 Cortez Ln Unit 56, Indian Wells, CA, 92210

$466,000

Home List Price

$5,534*

Closing Credit

2 Bedrooms
2 Full Baths
1,152 SqFt
$405/SqFt
Condo

Location

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78130 Cortez Ln Unit 56, Indian Wells$466,000

Buyer Closing Credits

$5,534*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest, On Street, Unassigned
Year Built1972
HeatingCentral, Natural Gas
CoolingCentral Air
ViewDesert, Hills, Mountain(s)
Private PoolYes
MLS #219118795DA
Lot Size0.01 Acres
StatusActive

About 78130 Cortez Ln Unit 56

Short-Term Rental Gem in Indian Wells! This rare opportunity in the prestigious guard-gated Mountain Cove community offers unparalleled investment or vacation home potential. Eligible for short-term rentals, this furnished condo is nestled near the Santa Rosa Mountains, surrounded by serene green belts and lush landscaping. Enjoy walking path access to two of the three community pools, heated in winter for year-round relaxation. This fully remodeled two-bedroom, two-bathroom, two-level unit exudes modern luxury. The lower level boasts an open floor plan with a remodeled kitchen featuring quartz countertops, stainless steel appliances, custom storage, and a large kitchen island with bar seating--perfect for dining and entertaining. Step from the living room onto your private patio. Upstairs, two spacious bedrooms open onto a large balcony, providing stunning views. Newer carpet upstairs and downstairs, complemented by luxury vinyl plank flooring in the kitchen and bathrooms, add elegance throughout. With short-term rentals allowed, it's ideal as a vacation rental, second home, or primary residence. City residents enjoy many discounts including golf. Convenient laundry facilities serve community. Discover the endless possibilities and start your new life in this coveted property.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 1,152 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (760) 249-2120
  • Listing Agent: Vlad Royal

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior: Breakfast Bar, All Bedrooms Up

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Desert, Hills, Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Guest, On Street, Unassigned

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please use GPS for directions. Note that there is a live gate guard off Highway 111. Cross Street: Mountain Cove Dr & Cortez Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $466,000
  • Price Per SqFt: $405/SqFt

HOA Fees:

  • Amount: $527
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,128
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Indian Wells, CA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$502

Avg. Days On Market

42

# of Sold Homes

9

78130 Cortez Ln Unit 56 vs Indian Wells

31 DAYS ON ROCKET

-11 Days

$466,000

-$974K Less

$405/SqFt

-$97 Less

KEY TAKEAWAY

This property is $974K less than the Median Sold Price and $97/SqFt less than other homes in Indian Wells, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219118795DA

Listing Office:

  • Office Name: Compass
  • Office Phone: (760) 249-2120
  • Listing Agent: Vlad Royal

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2019Home Sold
$190,000
Jan 18, 2007Home Sold
$260,000
Feb 16, 2005Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,128$225,006
2020$3,127$222,700
2018$3,011$213,000
2017$2,439$174,000

History based on county public records data.

Payment Calculator

$2,920

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,464

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1189343
6
/10
  • Gerald R. Ford Elementary School

  • 44210 Warner Trl

  • 1.44 miles

  • Public District Grades KG-5

school-card-donut-1189344
6
/10
  • Amelia Earhart Elementary School of International Studies

  • 45250 Dune Palms Rd

  • 1.66 miles

  • Public District Grades KG-5

school-card-donut-1189345
3
/10
  • Harry S. Truman Elementary School

  • 78870 Avenue 50

  • 1.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,109. The most common annual income of people living in Indian Wells, CA is $200k+. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 78130 Cortez Ln Unit 56

What is the listing price of this property?

The listing price of 78130 Cortez Ln Unit 56 property is $466,000.

What type of property is this?

The property 78130 Cortez Ln Unit 56 is a condo located in Indian Wells, California, 92210.

Is this property for sale now?

Active Listing: 78130 Cortez Ln Unit 56 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,128 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 16, 2019 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 78130 Cortez Ln Unit 56 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 78130 Cortez Ln Unit 56 is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 78130 Cortez Ln Unit 56 is 1972.

Rocket HomesCaliforniaRiverside CountyIndian Wells9221078130 Cortez Ln Unit 56

This home is located at 78130 Cortez Ln Unit 56 in Indian Wells, CA and zip code 92210. This 1,152 square foot home, which was built in 1972, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $466,000.

In October 2024 more than 2 listings in Indian Wells, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. Between September 2024 and October 2024, Indian Wells, CA real estate market has seen increase in the number of listings by 57.1%. While the average time on the market in October 2024 was 42 days, the median list price was $1,440,000.

From Rocket Homes Real Estate and based on county public records data.

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