78130 Cortez Lane 56, Indian Wells, California 92210, Indian Wells, 92210 - 2 bed, 2 bath
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Indian Wells, California 92210
This Remodeled Mountain Cove Condo is a Strong Value Opportunity, listed at $389,000—positioned well below the $426,626 Fair Market Value by 8%. This valuation gap offers $37,626 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modern quartz kitchen, stainless appliances, and panoramic mountain views. Located near top-rated Gerald R. Ford Elementary, this turnkey, short-term-rental-friendly asset includes exclusive Indian Wells resident perks. It is a superior acquisition for Vacation Home Seekers or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78130 Cortez Lane 56 Subject | $389,000* List Price | 2 | 2 | 1,152 | $370 | - |
A 46750 Mountain Cove Drive 21 Sold | $450,000 | 2 | 3 | 1,152 | $391 | 0.0 mi |
B 78255 Cabrillo Lane 117 Sold | $336,000 | 1 | 2 | 864 | $389 | 0.1 mi |
C 46560 Arapahoe Circle B Active | $389,000 List Price | 2 | 2 | 1,446 | $269 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features contemporary cabinetry, quartz countertops, an oversized island, and stainless steel appliances. Bathrooms have been updated with modern vanities and fixtures. The interior is finished with luxury vinyl plank flooring and newer carpet, and the overall aesthetic is turnkey and move-in ready with no visible deferred maintenance.
The property is Airbnb-friendly with a 7-night minimum rental policy and comes turnkey furnished, making it an ideal immediate revenue-generating asset or vacation home.
Recently remodeled with quartz countertops, stainless steel appliances, and luxury vinyl plank flooring, offering a contemporary aesthetic that requires no immediate renovation.
Owners enjoy prestigious Indian Wells resident perks, including significant discounts on world-class golf, dining, and spa services at local luxury resorts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 642.
The property is situated on leased land, which may impact financing options and requires buyers to account for additional monthly land lease payments and long-term expiration terms.
Originally built in 1972, the structure may lack the energy efficiency of modern builds, and the two-story layout could be a deterrent for buyers seeking single-level accessibility.
Airbnb/short-term-rental-friendly in Indian Wells, this remodeled and furnished 2BD/2BA end-unit condo in guard-gated Mountain Cove offers a flexible two-level layout with mountain, desert, and greenbelt views. The main level features an open living area, private patio, and updated kitchen with quartz counters, stainless appliances, custom storage, and an oversized island with bar seating. Upstairs, both bedrooms open to a shared balcony that captures the surrounding mountain setting, ideal for morning coffee or evening sunsets. Newer carpet in the living areas and luxury vinyl plank in the kitchen and baths create a polished, low-maintenance finish. Just a short walk to community pools and citrus-lined paths, this lock-and-leave retreat also benefits from Indian Wells resident perks, including discounts at select golf, dining, spa, and resort destinations. A strong fit for a vacation rental, second home, or full-time residence within Mountain Cove's 7-night minimum rental policy. Buyer to verify HOA, city rules, and lease-land terms. Located south of Highway 111 near golf, dining, shopping, and El Paseo. Turnkey furnished per written inventory. Enjoy access to Indian Wells Golf Resort, the Tennis Garden, and central valley conveniences from this low-maintenance desert home base.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,152 | 2,008 | 23% |
| Lot Size | 436 | 3,049 | 20% |
| Price | $389.0K | $710.0K | 17% |
| Price per sq ft | $338 | $395 | 23% |
| Built year | 1972 | 1972 | 50% |
| HOA | $527.0 | $785 | 26% |
| Days on market | 23 | 152 | 3% |
Mar 30, 2026
$389,000
Initial Listing