78200 Cortez Lane 149, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 1 bath
78200 Cortez Lane 149
Indian Wells, California 92210
Property Price
SUMMARY
Analysis of 78200 Cortez Lane 149, Indian Wells, California 92210 is currently available with a list price of $325,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Indian Wells Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1972, this condo has undergone significant modern upgrades, particularly in the kitchen and bathroom. The kitchen features contemporary white shaker cabinets, stone countertops, and stainless steel appliances (refrigerator, dishwasher, microwave), suggesting a renovation within the last 5-15 years. The bathroom also boasts a modern vanity with a vessel sink and updated fixtures. The property has consistent tile flooring throughout, recessed lighting, and appears well-maintained and move-in ready, aligning with the 'Good' condition criteria for extensively renovated properties.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Income Potential
The community explicitly permits short-term rentals with a 7-day minimum, offering excellent income-generating opportunities for investors or seasonal residents.
- Desirable Indian Wells Location & Community Perks
Situated in the prestigious Indian Wells, residents benefit from exclusive advantages such as discounted golf, spa, shopping, and access to fitness facilities, all within a desirable gated community.
- Panoramic Mountain Views & Expansive Patio
The unit boasts stunning panoramic mountain views and a generous double patio, providing ample outdoor living space to enjoy the scenic surroundings.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 576 sqft with one bedroom and one bathroom, the property offers limited living space, which may not suit all buyer needs or preferences for long-term residency.
- Older Construction Year
Built in 1972, the property is over 50 years old. While upgraded, older construction can sometimes entail higher maintenance or potential for unforeseen repairs compared to newer builds.
- Monthly Association Fees
A monthly association fee of $265 adds to the recurring cost of ownership, which needs to be factored into the overall affordability and investment analysis.
About 78200 Cortez Lane 149
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 514 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $265.0 / Month
Neighborhood Insights
Indian Wells Unified Schools
Gerald R. Ford Elementary School
Grades K-5 • 1.3 mi
Palm Desert High School
Grades 9-12 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 3.0 | 10% |
| Square foot | 576 | 2,000 | 10% |
| Lot Size | 514 | 3,049 | 21% |
| Price | $325.0K | $740.0K | 10% |
| Price per sq ft | $564 | $392 | 90% |
| Built year | 1972 | 1972 | 50% |
| HOA | $265.0 | $778 | 10% |
| Days on market | 148 | 169 | 38% |
Pricing History
Listed for Sale
Oct 10, 2025
$325,000
Initial Listing