78200 Cortez Lane 149, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 1 bath
ACTIVE$329,999
78200 Cortez Lane 149, Indian Wells, California 92210
1Bed
1Bath
576Sqft
514Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Short-Term Rental Income Potential: The community explicitly permits short-term rentals with a 7-day minimum, offering a strong opportunity for investment income.
Top Cons:
Compact Living Space: At 576 sqft with one bedroom and one bathroom, the unit offers limited living space, potentially narrowing its appeal to a specific buyer demographic.
Compared to the nearby listings
Price:$330.0K vs avg $647.5K ($-317,501)18%
Size:576 sqft vs avg 1,957.5 sqft18%
Price/sqft:$573 vs avg $38791%
More Insights
Built in 1972 (53 years old).
Condition: Despite being built in 1972, this condo has undergone a significant and tasteful renovation, as described and evidenced by the images. The kitchen features modern white shaker cabinets, granite countertops, and stainless steel appliances (refrigerator, dishwasher, microwave, electric range), all appearing to be in excellent condition and updated within the last 5-15 years. The bathroom also boasts a modern vanity with a stone top, vessel sink, and contemporary fixtures. The flooring throughout is consistent tile, and the overall aesthetic is clean and move-in ready. While the original structure is older, the extensive upgrades bring the property's condition to a 'Good' standard, requiring no immediate renovations.
Year Built
1972
Close
-
List price
$330K
Original List price
$350K
Price/Sqft
$573
HOA
$265
Days on market
-
Sold On
-
MLS number
219128334DA
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Location, Location, Location! Don't miss this chance to own this stunning upgraded Condo in the desirable gated community 'Mountain Cove' in Indian Wells. This spectacular lower-level unit features one-bedroom, one-bathroom, laundry room, cozy and charming living and kitchen space with panoramic mountain views and easy pool access just steps away. This condo offers a generous outdoor space, boasting a double patio perfect for admiring the mountain scenery, morning and night. Fully 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 permits for Short Term Rentals, 7 days minimum.
Nearby schools
8/10
Gerald R. Ford Elementary School
Public,•K-5•1.3mi
7/10
Palm Desert High School
Public,•9-12•3.6mi
Condition Rating
Good
Despite being built in 1972, this condo has undergone a significant and tasteful renovation, as described and evidenced by the images. The kitchen features modern white shaker cabinets, granite countertops, and stainless steel appliances (refrigerator, dishwasher, microwave, electric range), all appearing to be in excellent condition and updated within the last 5-15 years. The bathroom also boasts a modern vanity with a stone top, vessel sink, and contemporary fixtures. The flooring throughout is consistent tile, and the overall aesthetic is clean and move-in ready. While the original structure is older, the extensive upgrades bring the property's condition to a 'Good' standard, requiring no immediate renovations.
Pros & Cons
Pros
Short-Term Rental Income Potential: The community explicitly permits short-term rentals with a 7-day minimum, offering a strong opportunity for investment income.
Exclusive Indian Wells Owner Benefits: Owners enjoy significant advantages including discounted golf, spa, shopping, and access to great fitness facilities, enhancing lifestyle and value.
Panoramic Mountain Views & Double Patio: The property boasts stunning panoramic mountain views and a generous double patio, perfect for outdoor enjoyment and relaxation.
Upgraded & Fully Furnished: This upgraded condo comes fully furnished, making it move-in ready or immediately available for rental without additional setup costs.
Desirable Gated Community & Pool Access: Located in the sought-after 'Mountain Cove' gated community with convenient, steps-away access to the pool.
Cons
Compact Living Space: At 576 sqft with one bedroom and one bathroom, the unit offers limited living space, potentially narrowing its appeal to a specific buyer demographic.
Age of Construction: Built in 1972, the property is over 50 years old, which may lead to concerns about aging infrastructure or require future maintenance beyond cosmetic upgrades.
Condominium Lifestyle Limitations: As a condominium, it involves shared walls, adherence to HOA rules and regulations, and potentially less privacy or autonomy compared to a single-family residence.