78200 Cortez Lane 149, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 1 bath
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Indian Wells, California 92210
This Turnkey Condominium presents a High-Potential Investment Opportunity, listed at $325,000—positioned well below the $330,468 Fair Market Value by 1%. This valuation gap offers $5,468 in Instant Equity. Featuring a Mint Condition Rating with modern renovations, this unit offers Panoramic Mountain Views and Short-Term Rental eligibility. With proximity to Top-Rated Schools like Gerald R. Ford Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78200 Cortez Lane 149 Subject | $325,000* List Price | 1 | 1 | 576 | $574 | - |
A 78180 Cortez Lane 157 Sold | $297,333 | 1 | 1 | 576 | $516 | 0.0 mi |
B 78185 Cortez Lane 174 Sold | $315,000 | 1 | 1 | 576 | $547 | 0.1 mi |
C 46855 Mountain Cove Drive 75 Sold | $342,500 | 1 | 1 | 576 | $595 | 0.1 mi |
D 78200 Cortez Lane 143 Active | $336,000 List Price | 1 | 1 | 576 | $583 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1972, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinetry, stone countertops, and stainless steel appliances. The interior is in mint condition with updated tile flooring and recessed lighting, making it fully move-in ready.
Located in a community that permits short-term rentals with a 7-day minimum, this property offers excellent income-generating potential in the high-demand Indian Wells market.
Owners benefit from the prestigious Indian Wells resident program, which includes significant discounts on world-class golf, spa treatments, and dining at luxury local resorts.
The unit features a rare double patio with panoramic mountain views and immediate pool access, maximizing the desert's indoor-outdoor lifestyle and aesthetic appeal.
With only 576 square feet of living space, the small footprint may limit the property's appeal to full-time residents or those requiring more storage.
Built in 1972, the building's age may necessitate ongoing maintenance of older infrastructure and utility systems despite the unit's cosmetic upgrades.
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.
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 | 1.0 | 3.0 | 20% |
| Baths | 1.0 | 3.0 | 15% |
| Square foot | 576 | 2,280 | 15% |
| Lot Size | 514 | 3,049 | 22% |
| Price | $325.0K | $788.0K | 12% |
| Price per sq ft | $564 | $416 | 80% |
| Built year | 1972 | 1973 | 49% |
| HOA | $265.0 | $847 | 17% |
| Days on market | 26 | 148 | 2% |
May 11, 2026
$325,000
Initial Listing