78229 Indigo Drive, La Quinta, California 92253, La Quinta, 92253 - 1 bed, 1 bath
78229 Indigo Drive
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 78229 Indigo Drive, La Quinta, California 92253 is currently available with a list price of $299,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the La Quinta 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 moderate renovation needed.
The property is exceptionally clean and well-maintained, but it retains most of its original 1989 character. The kitchen features older white appliances and cabinetry, and the bathroom fixtures and overall aesthetic reflect a style from over 20 years ago. While the 'clean contemporary look' mentioned in the description makes it move-in ready, the lack of recent major renovations to the kitchen, bathrooms, and flooring—combined with the 35-year age of the structure—places it firmly in the 'fair' category according to the provided criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Views and Location
As a former builder's model and penthouse unit, this condo offers the best-elevated panoramic South East views of the golf course, lake, and mountains within the development.
- Extensive Community Amenities
The HOA provides a comprehensive lifestyle package including golf, tennis, pickleball, gym, and multiple pools, all situated directly across from the prestigious BNP Paribas Tennis facility.
- Utility Cost Efficiency
The property is serviced by IID (Imperial Irrigation District), which offers significantly lower electricity rates compared to SCE, providing a major financial advantage in the desert climate.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 763 square feet with only one bedroom, the compact layout may limit appeal for buyers seeking a primary residence or space for guests.
- High Monthly HOA Dues
The $575 monthly association fee is a significant recurring expense that may impact the debt-to-income ratio for some prospective buyers.
About 78229 Indigo Drive
Rare upper level condo was the former Builders Model in Palm Royale. The best overall value in the city of La Quinta. This upper level penthouse condo is located in Palm Royale HOA which includes pools and spas throughout the community, clubhouse, building maintenance, pickleball courts, tennis courts, gym, Wifi and cable, and golf. Palm Royale is located directly across the street from the BNP Paribas Tennis facility. The condo is the best located unit in the development with elevated panoramic South East golf course, lake, and mountain views. Inside the condo it has a clean contemporary look which is perfect for someone seeking a lock n leave condo in the Coachella Valley. The living room has an open concept with amazing natural light from all angles, and vaulted ceilings. The balcony is perfect for entertaining guests and enjoying evening sunsets The power company for Palm Royale is IID which is historically way less expensive than SCE. Big Bonus! Please call today to schedule a private showing.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 752 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $575.0 / Month
Neighborhood Insights
La Quinta Unified Schools
Gerald R. Ford Elementary School
Grades K-5 • 0.8 mi
John Glenn Middle School Of International Studies
Grades 6-8 • 1.5 mi
La Quinta High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 9% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 763 | 1,920 | 7% |
| Lot Size | 752 | 2,557.5 | 15% |
| Price | $299.0K | $707.8K | 6% |
| Price per sq ft | $392 | $379 | 58% |
| Built year | 1989 | 1989 | 50% |
| HOA | $575.0 | $774 | 18% |
| Days on market | 10 | 137 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$299,000
Initial Listing
Sold
Apr 22, 2011
$123,500
Public Record
Sold
Nov 2, 2006
$237,500
Public Record
Sold
Dec 6, 2000
$109,000
Public Record