78199 Indigo Drive, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
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La Quinta, California 92253
This property presents a High-Potential Investment Opportunity with a List Price of $314,999—positioned well above the $252,377 Fair Market Value by -24%. While the pricing reflects a premium, the Fair Condition Rating and original 1987 interiors offer a clear path for value-add renovations. The unit features Golf Course Views and a Single-Car Garage, with HOA fees covering unlimited golf and utilities. This is an ideal acquisition for Buy-and-Hold Investors or seasonal residents seeking a project in a prime La Quinta location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78199 Indigo Drive Subject | $314,999* List Price | 2 | 2 | 926 | $273 | - |
A 78373 Terra Cotta Court Sold | $245,000 | 1 | 1 | 763 | $321 | 0.2 mi |
B 78209 Indigo Drive Sold | $270,000 | 1 | 1 | 763 | $354 | 0.0 mi |
C 78379 Terra Cotta Court Active | $335,000 List Price | 2 | 2 | 926 | $362 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 37 years old (built 1987) and features an all-original kitchen and interior. It is explicitly marketed as an 'Investor Opportunity' needing 'TLC' and a 'personal touch,' which aligns with the rehab requirements for properties over 30 years old without updates.
The association fee includes unlimited golf, cable TV, and internet, offering a high-value lifestyle package that is particularly attractive for golf enthusiasts and seasonal renters.
This top-floor unit provides peaceful fairway views and enhanced privacy with no neighbors above, all while being within walking distance of the prestigious Indian Wells Tennis Garden.
Vaulted ceilings in both bedrooms create an open, airy atmosphere that maximizes the interior feel of the home, distinguishing it from standard flat-ceiling units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 899.
The property is in original 1987 condition and requires a full kitchen remodel and cosmetic updates to reach its modern market potential.
At under 1,000 square feet, the interior space is relatively small for a two-bedroom configuration, which may limit its appeal to full-time residents.
Investor Opportunity or Perfect Desert Retreat in Palm Royale - Priced to Sell!Welcome to Palm Royale in beautiful La Quinta! This 2-bedroom, 2-bath condo is ideally situated on the golf course, offering peaceful fairway views and a quiet location with no one above you.Inside, you'll find vaulted ceilings in both bedrooms, creating an open and airy feel. The kitchen is all original and ready for your personal touch--bring your vision and a little TLC to transform this condo into the perfect desert getaway, full-time residence, or investment property.One of the standout features of Palm Royale is unlimited golf included with the HOA, making it a fantastic value for golf lovers. The home also includes a single-car garage for added convenience and storage.The HOA covers TV and internet, helping keep monthly expenses simple and manageable.Located within walking distance to the world-famous Indian Wells Tennis Garden, you'll enjoy easy access to world-class tennis, dining, shopping, and entertainment.With golf course views, a premium quiet location, and pricing designed to sell quickly, this is an incredible opportunity to own in Palm Royale. Don't miss it!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 926 | 1,774.5 |
| Lot Size | 3,049 | 2,613 |
| Price | $315.0K | $694.2K |
| Price per sq ft | $340 | $381 |
| Built year | 1987 | 1986 |
| HOA | $450.0 | $780 |
| Days on market | 68 | 73 |
May 15, 2026
$314,999
Initial Listing