78205 Cortez Lane 177, Indian Wells, California 92210, Indian Wells, 92210 - 2 bed, 3 bath
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Indian Wells, California 92210
This Turnkey Desert Sanctuary is listed at $525,000, representing a strategic premium over the $468,852 Fair Market Value due to its rare Fee Simple land ownership and lucrative Short-Term Rental Opportunity. The property maintains an Excellent Condition Rating with a renovated kitchen, new furnishings, and spectacular mountain views from an extended covered patio. Situated near the 8-rated Gerald R. Ford Elementary, this residence offers a seamless blend of lifestyle luxury and income flexibility. It is perfectly suited for seasonal homeowners or lifestyle investors seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78205 Cortez Lane 177 Subject | $525,000* List Price | 2 | 3 | 1,152 | $407 | - |
A 78205 Cortez Lane 177 Sold | $370,000 | 2 | 3 | 1,152 | $321 | 0.0 mi |
B 46750 Mountain Cove Drive 21 Sold | $450,000 | 2 | 3 | 1,152 | $391 | 0.1 mi |
C 78255 Cabrillo Lane 118 Sold | $410,000 | 1 | 2 | 864 | $475 | 0.1 mi |
D 46700 Mountain Cove Drive 9 Active | $450,000 List Price | 2 | 3 | 1,152 | $391 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent updates, including fresh paint, new furnishings, and renovated bathrooms. While the 1972 structure is older, the interior features modern light fixtures, newer windows and sliding doors, and a refreshed kitchen with a brand-new refrigerator. The uniform tile flooring and well-maintained appearance indicate a property that has been cared for and updated beyond its original vintage, requiring no immediate renovations.
The property is short-term rental ready with a rare seven-night minimum and fee simple land ownership, providing significant income potential and investment flexibility in Indian Wells.
Offered fully furnished with modern updates, including a renovated kitchen, upgraded bathrooms, and fresh paint, this residence is move-in ready for immediate use or rental.
The condo features large windows and an extended covered patio that offer spectacular, unobstructed views of the Santa Rosa Mountains, enhancing the indoor-outdoor desert living experience.
Built in 1972, the property may have older underlying infrastructure or utility systems that could require more maintenance compared to newer developments.
The monthly association fee of $527 represents a significant ongoing carrying cost that buyers must factor into their monthly budget and overall investment yield.
Sought after Indian Wells Condo with Spectacular Views and Short-Term Rental Opportunity! Enjoy the ultimate in privacy and desert living in this inviting Indian Wells condo, ideally positioned with two exterior entrances in a premier location. Fee simple ownership means you own the land, and the property is short-term rental ready, allowing seven-night rentals for outstanding flexibility and income potential. Offered furnished with all new furnishings and move-in ready, this attractively updated 1152 Sq. Ft. 2 bedroom, 3 bath residence highlights breathtaking mountain and desert views near the Santa Rosa Mountains in one of the area's most desirable settings. The bright, sun-filled interior features newer, large living room windows and patio slider doors that create a seamless connection to the covered extended patio, beautifully enhancing indoor-outdoor desert living. Fresh new paint throughout adds a clean, modern feel. The updated kitchen offers both style and function, highlighted by a brand-new refrigerator, making it ideal for everyday living and entertaining. The spacious primary bath has been thoughtfully upgraded with a new vanity and bathtub. The second bath has been recently enhanced with a walk-in jet tub, creating a spa-like retreat, while the third bath is new and features a spacious shower. Residents enjoy access to three beautiful community pools, perfect for relaxation and fun. Whether you are seeking a seasonal getaway, full-time residence, or investment property, this exceptional condo offers comfort, style, spectacular views, and immediate rental opportunity. Rarely does a property offer this much privacy, flexibility, and value in the heart of Indian Wells.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,152 | 2,016 | 21% |
| Lot Size | 1,033 | 3,049 | 26% |
| Price | $525.0K | $725.0K | 24% |
| Price per sq ft | $456 | $399 | 71% |
| Built year | 1972 | 1972 | 50% |
| HOA | $527.0 | $790 | 24% |
| Days on market | 19 | 142 | 3% |
Apr 3, 2026
$525,000
Initial Listing
Jul 19, 2021
$370,000
Public Record
Mar 28, 2018
$275,000
Public Record
Sep 15, 2015
$140,000
Public Record