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Backup Offers

78250 Cortez Ln Unit 142, Indian Wells, CA, 92210

$285,000

Home List Price

$3,384*

Closing Credit

1 Bedroom
1 Full Bath
576 SqFt
$495/SqFt
Condo

Location

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78250 Cortez Ln Unit 142, Indian Wells$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnassigned
Year Built1972
HeatingForced Air
CoolingCentral Air
ViewMountain(s), Pool, Trees/Woods
Private PoolYes
MLS #219117136DA
Lot Size0.01 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 78250 Cortez Ln Unit 142

Welcome to desert living at its finest! Located in the heart of Indian Wells, this charming 1-bedroom, 1-bath studio condo at Mountain Cove is your perfect desert escape. As you drive through the guarded gates and meander up the road towards your home, it feels like you've ventured into a hidden gem of a community. Ideal for your own private retreat, this condo is also a great opportunity for rental income, being located in a rare area that allows 7-day minimum rentals. This pied-a-terre is located on the highly desirable 2nd floor which has premium vaulted beamed ceilings, a spacious open floor plan with abundant natural light, and expansive views. The owners have also upgraded the closet and have added new outdoor/indoor furniture, a new stainless steel fridge, new screen door to patio, and a new outdoor grill - all included in the sale. Step out onto your covered private patio to enjoy stunning mountain views--ideal for morning coffee or evening relaxation.This community offers access to 3 sparkling pools and EV charging. You're also just minutes away from the Indian Wells Tennis Garden, home to the BNP Paribas Open and a short drive to La Quinta's AMEX PGA Event. Indian Wells residents enjoy special perks like discounts to local restaurants and golf, discounts off memberships at Indian Wells Tennis Garden, entry into a lottery for BNP Paribas Open suite tickets, and more! This gem won't last long -- schedule a showing today and make this desert oasis yours!

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 576 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Kim Kouwabunpat

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Beamed Ceilings, High Ceilings, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Pool, Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: Unassigned

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Hwy 111 to Mountain Cove Drive, which is in between Miles Ave and Washington St. Use GPS to verify. Cross Street: Mountain Cove Dr and Hwy 111.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $495/SqFt

HOA Fees:

  • Amount: $265
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,579
  • Tax Year: 2021
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Indian Wells, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$502

Avg. Days On Market

42

# of Sold Homes

9

78250 Cortez Ln Unit 142 vs Indian Wells

61 DAYS ON ROCKET

+19 Days

$285,000

-$1.1M Less

$495/SqFt

-$7 Less

KEY TAKEAWAY

This property is $1.1M less than the Median Sold Price and $7/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: #219117136DA

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Kim Kouwabunpat

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: 11/23/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 10, 1991Home Sold
$46,000
Nov 01, 1990Home Sold
$56,000
Oct 01, 1988Home Sold
$3,500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,579$98,537
2020$1,578$97,528
2018$1,533$93,743
2017$1,481$91,906

History based on county public records data.

Payment Calculator

$1,755

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-868535
6
/10

  • Gerald R. Ford Elementary School

  • 44210 Warner Trl

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-868536
6
/10

  • Amelia Earhart Elementary School of International Studies

  • 45250 Dune Palms Rd

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-868537
3
/10

  • Harry S. Truman Elementary School

  • 78870 Avenue 50

  • 1.74 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,109. Residents of Indian Wells, CA typically earn $200k+ each year. The most common type of family is 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 78250 Cortez Ln Unit 142

What is the listing price of this property?

The listing price of 78250 Cortez Ln Unit 142 property is $285,000.

What type of property is this?

The property 78250 Cortez Ln Unit 142 is a condo located in Indian Wells, California, 92210.

Is this property for sale now?

Accepting Backup Offers: 78250 Cortez Ln Unit 142 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,579 (source: MLS/based on county public records data).

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

The last sale was on December 10, 1991 for $46,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 78250 Cortez Ln Unit 142 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 78250 Cortez Ln Unit 142 is 576 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 78250 Cortez Ln Unit 142 is 1972.

Rocket Homes›California›Riverside County›Indian Wells›92210›78250 Cortez Ln Unit 142

This home is located at 78250 Cortez Ln Unit 142 in Indian Wells, CA and zip code 92210. This 576 square foot home, which was built in 1972, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $285,000.

Indian Wells, CA housing market in October 2024 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 4 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%. The median list price of listings available in October 2024 was $1,440,000, while the average time on the real estate market was 42 days.

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

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