78200 Cortez Lane 145, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 1 bath

78200 Cortez Lane 145, Indian Wells, California 92210 home-pic-0
ACTIVE$339,000
78200 Cortez Lane 145, Indian Wells, California 92210
1Bed
1Bath
576Sqft
514Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Views: Situated in the highly desirable Mountain Cove Community in Indian Wells, offering panoramic views of the resort-style pool and majestic mountains.
Top Cons:
Compact Living Space: With only 576 sqft, one bedroom, and one bathroom, the property offers limited living space, which may not suit all buyer needs or preferences.

Compared to the nearby listings

Price:$339.0K vs avg $647.5K ($-308,500)18%
Size:576 sqft vs avg 1,957.5 sqft18%
Price/sqft:$589 vs avg $38791%

More Insights

Built in 1972 (53 years old).
Condition: The property was built in 1972, making it over 50 years old. While a new AC unit was installed in 2024, indicating a significant system update, the kitchen and bathroom styles are notably dated. The kitchen features older light wood cabinets, white appliances, and what appears to be laminate countertops. The bathroom also has an older vanity with a laminate countertop and a large wall-to-wall mirror. The flooring throughout is tile, which is functional but not a modern style. The property appears well-maintained and is move-in ready, but it requires minor cosmetic updates to bring it to a contemporary standard, particularly in the kitchen and bathroom areas.
Year Built
1972
Close
-
List price
$339K
Original List price
$339K
Price/Sqft
$589
HOA
$265
Days on market
-
Sold On
-
MLS number
219136778DA
Home ConditionFair
Features
Excellent View: Mountain(s), Pool
Patio
ViewMountain(s), Pool

About this home

Location, Location, Location! Wake up to panoramic views of the sparkling resort-style pool and majestic mountains from this beautiful, lower-level condo in the highly desirable Mountain Cove Community. This rare gem features one-bedroom, one-bathroom, a charming kitchen, and cozy living area-plus two spacious patios that open directly to stunning poolside scenery. New AC unit (installed in 2024) Offered Furnished! Owners of Indian Wells enjoy significant advantages (discounted golf, spa and shopping, along with access to great fitness facilities a short drive away) This Community is amenable to short-term stays (7 days minimum).

Nearby schools

8/10
Gerald R. Ford Elementary School
Public,K-51.3mi
7/10
Palm Desert High School
Public,9-123.6mi
Condition Rating
Fair

The property was built in 1972, making it over 50 years old. While a new AC unit was installed in 2024, indicating a significant system update, the kitchen and bathroom styles are notably dated. The kitchen features older light wood cabinets, white appliances, and what appears to be laminate countertops. The bathroom also has an older vanity with a laminate countertop and a large wall-to-wall mirror. The flooring throughout is tile, which is functional but not a modern style. The property appears well-maintained and is move-in ready, but it requires minor cosmetic updates to bring it to a contemporary standard, particularly in the kitchen and bathroom areas.
Pros & Cons

Pros

Prime Location & Views: Situated in the highly desirable Mountain Cove Community in Indian Wells, offering panoramic views of the resort-style pool and majestic mountains.
Income Potential: The community is amenable to short-term stays (7-day minimum), providing excellent potential for rental income.
Recent Major Upgrade: A brand new AC unit was installed in 2024, ensuring comfort and reducing immediate maintenance concerns for a key system.
Turnkey & Outdoor Living: Offered fully furnished with two spacious patios that open directly to the poolside scenery, providing immediate enjoyment and convenience.
Exclusive City Perks: Owners in Indian Wells benefit from significant advantages, including discounted golf, spa, shopping, and access to fitness facilities.

Cons

Compact Living Space: With only 576 sqft, one bedroom, and one bathroom, the property offers limited living space, which may not suit all buyer needs or preferences.
Age of Property: Built in 1972, the property's age suggests that while functional, certain areas like the 'charming kitchen' and 'cozy living area' may be dated and could benefit from modernization.
Ongoing Association Fees: The monthly association fee of $265 adds to the recurring cost of ownership, which potential buyers will need to factor into their budget.

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