
La Quinta, California 92253
This condo presents a Strong Value Opportunity, listed at $240,000—positioned well below the $254,000 Fair Market Value by 5%. This valuation gap offers $14,000 in Instant Equity. Featuring a Condition Rating of 4, the unit includes recent mechanical updates like a newer HVAC and water heater, though it retains original finishes. With unlimited golf and resort-style amenities, this is an ideal acquisition for Buy-and-Hold Investors or seasonal residents seeking a low-maintenance, amenity-rich lifestyle in La Quinta.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78127 Crimson Court Subject | $240,000* List Price | 1 | 1 | 763 | $333 | - |
A 78373 Terra Cotta Court Sold | $245,000 | 1 | 1 | 763 | $321 | 0.3 mi |
B 78209 Indigo Drive Sold | $270,000 | 1 | 1 | 763 | $354 | 0.1 mi |
C 78127 Indigo Active | $275,000 List Price | 1 | 1 | 763 | $360 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained and move-in ready but remains aesthetically dated. While it features a newer HVAC system and hot water heater, the kitchen and bathroom retain older finishes like white tile countertops and original-style cabinetry, fitting the criteria for a property over 20 years old needing cosmetic updates.
This lower-level unit offers exceptional golf course, mountain, and lake views while being within walking distance of the prestigious Indian Wells Tennis Garden.
HOA dues provide incredible value with unlimited golf on a Ted Robinson-designed course, access to six pools, tennis, pickleball, and included cable and internet services.
The property features a newer HVAC system and hot water heater, offering the buyer peace of mind and reducing the likelihood of immediate maintenance expenses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3485, other record lot size in square feet = 762.
The $575 monthly HOA fee is a significant recurring expense for a one-bedroom condo, which may deter budget-conscious buyers or impact financing qualification.
At only 763 square feet with a single bedroom, the compact footprint may limit the property's appeal to larger households or those requiring a home office.
Enjoy golf course, mountain, and lake views from this well-located lower-level one-bedroom, one-bath condo in Palm Royale Country Club. Recent updates include a newer HVAC system and hot water heater, providing added comfort and peace of mind. The condo features a stackable washer and dryer inside the unit, a one-car garage, and is conveniently located across from one of the community pools and spas. Palm Royale is a gated community within walking distance of the Indian Wells Tennis Garden and offers unlimited golf on its Ted Robinson-designed par-3 course, included in the HOA dues. Residents enjoy a clubhouse, pro shop, six pools and spas, lighted pickleball and tennis courts, and Helix Disc Golf. HOA dues also include basic cable, internet service, landscape maintenance, and trash service. Ideally located just minutes from world-class golf, shopping, dining, and entertainment throughout La Quinta and Indian Wells.This property is well suited as a full-time residence, seasonal getaway, or investment opportunity.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 8% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 763 | 1,918 | 6% |
| Lot Size | 3,485 | 2,613.06 | 66% |
| Price | $240.0K | $715.0K | 1% |
| Price per sq ft | $315 | $383 | 11% |
| Built year | 1989 | 1989 | 50% |
| HOA | $575.0 | $774 | 18% |
| Days on market | 12 | 173 | 1% |
Jun 2, 2026
$240,000
Initial Listing
Jun 24, 2005
$230,500
Public Record
Jan 10, 1995
$1,500
Public Record