78037 Cobalt Court, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
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La Quinta, California 92253
This Desert Resort Condominium is a Strong Value Opportunity, listed at $350,000—positioned well below the $371,784 Fair Market Value by 5%. This valuation gap provides $21,784 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the interior features an Updated Kitchen with stainless appliances and Panoramic Views of the golf course, lake, and mountains. Located near the Top-Rated Gerald R. Ford Elementary, this turnkey home offers a high-quality lifestyle with unlimited golf. It is perfectly suited for Seasonal Vacationers or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78037 Cobalt Court Subject | $350,000* List Price | 2 | 2 | 912 | $408 | - |
A 78077 Cobalt Court Sold | $360,000 | 2 | 2 | 926 | $389 | 0.1 mi |
B 78069 Cobalt Court Sold | $320,000 | 1 | 1 | 763 | $419 | 0.1 mi |
C 78347 Terra Cotta Court Sold | $275,000 | 1 | 1 | 763 | $360 | 0.3 mi |
D 78209 Indigo Drive Sold | $270,000 | 1 | 1 | 763 | $354 | 0.2 mi |
E 78303 Scarlet Court Active | $355,000 List Price | 2 | 2 | 912 | $389 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 1989 build date. The kitchen features updated stainless steel Frigidaire appliances and a modern gooseneck faucet. While the Saltillo tile flooring and mirrored closet doors are original to the era, they are in excellent condition. The interior is bright and clean with no visible deferred maintenance, fitting the criteria for a well-maintained home where major systems appear functional and within their expected lifespan.
The property features premium views of the golf course, sparkling lake, and mountains, significantly enhancing its appeal as a tranquil desert retreat.
Located in the Palm Royale Country Club, residents have access to multiple community pools, spas, and tennis courts, offering a high-quality lifestyle.
Situated in a sought-after La Quinta neighborhood, the home is minutes away from premier shopping, dining, and highly-rated schools like Gerald R. Ford Elementary.
The association fee of $575 per month is a significant recurring cost that may impact the budget of price-sensitive buyers or investment yields.
At 912 square feet for a two-bedroom, two-bathroom configuration, the interior may feel restrictive for those seeking more spacious accommodations.
Welcome to your serene desert retreat in the highly sought-after Palm Royale Country Club in La Quinta. This beautifully appointed 2-bedroom, 2-bath condo offers a light-filled, airy interior designed for comfort and relaxation. From the moment you step inside, you'll appreciate the bright, open feel that makes this home the perfect escape or full-time residence or winter getaway.Step out to the back and take in breathtaking views of the sparkling lake, lush golf course, and majestic surrounding mountains--an idyllic backdrop for morning coffee or evening sunsets. The peaceful setting creates a true sense of tranquility while still offering plenty of opportunities for recreation.Residents of Palm Royale enjoy access to well-maintained tennis courts, multiple community pools and spas, and beautifully landscaped grounds. Conveniently located just minutes from premier shopping, dining, and entertainment, this home offers the perfect blend of relaxation and accessibility.Whether you're looking for a weekend getaway, investment property, or year-round residence, this condo captures the essence of desert living at its finest.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 912 | 1,918 | 8% |
| Lot Size | 919 | 2,614 | 13% |
| Price | $350.0K | $715.0K | 8% |
| Price per sq ft | $384 | $380 | 51% |
| Built year | 1989 | 1989 | 50% |
| HOA | $575.0 | $774 | 15% |
| Days on market | 29 | 160 | 1% |
Mar 25, 2026
$350,000
Initial Listing
Feb 27, 2004
$203,000
Public Record
Jul 31, 2003
$178,000
Public Record