78255 Cabrillo Lane 117, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 2 bath

78255 Cabrillo Lane 117, Indian Wells, California 92210 home-pic-0
ACTIVE UNDER CONTRACT$359,000
78255 Cabrillo Lane 117, Indian Wells, California 92210
1Bed
2Baths
864Sqft
1,742Lot
Year Built
1972
Close
-
List price
$359K
Original List price
$375K
Price/Sqft
$416
HOA
$395
Days on market
-
Sold On
-
MLS number
25478679
Home ConditionFair
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $359.0K(18th), sqft - 864(18th), beds - 1(18th), baths - 2(50th).

New flooring, paint, baseboards and furniture! Welcome to the perfect blend of charm, style, and investment potential with this enchanting condo, privately positioned against the dramatic mountains in the sought-after Mountain Cove community. This bungalow with designer features offers nearly 900 square feet of living space, featuring an open living and dining area off the kitchen, a private primary bedroom with an ensuite bath that includes dual vanities, and a second bathroom for guests with an indoor laundry area. Patios showcase breathtaking mountain views, creating the perfect setting for your morning coffee or evening relaxation. The kitchen, with granite slab countertops, opens to a light-filled living and dining space, blending style and comfort for entertaining or unwinding. Located in the beautiful, gated community of Mountain Cove, this home offers a tranquil setting surrounded by mountains, palm trees, sparkling pools, and the stunning natural beauty of the desert. IID electric provides lower utility costs, while the community's short-term rental-friendly policy makes this property ideal for personal use or as a savvy investment opportunity. Perfectly situated just minutes from the Indian Wells Tennis Garden, El Paseo shopping district, world-class golf courses, and the Coachella Valley's most iconic events, this home offers an incredible opportunity to embrace the best of desert living. Indian Wells residents enjoy additional perks, including discounts at luxurious resorts, access to the Hyatt's gym, reduced green fees, and tickets to the BNP Paribas Tennis Tournament. Call today to make it yours! Back on market-Buyer could not preform.

Nearby schools

8/10
Gerald R. Ford Elementary School
Public,K-51.3mi
7/10
Palm Desert High School
Public,9-123.6mi
Condition Rating
Fair

The property, built in 1972, has undergone significant recent cosmetic updates including new flooring, paint, baseboards, and furniture. The kitchen features granite slab countertops and the primary bathroom has dual vanities, indicating modern aesthetic improvements. However, despite these recent updates, the underlying construction is over 50 years old, and while major systems are likely functional, they are beyond their expected lifespan and show signs of being outdated, as noted by the 'Aging Construction' weakness. This places the property in a 'Fair' condition, as it is well-maintained cosmetically but the age of its core components suggests potential future maintenance or replacement needs.
Pros & Cons

Pros

Exceptional Location & Resident Privileges: Situated minutes from world-class attractions like Indian Wells Tennis Garden and El Paseo, complemented by exclusive Indian Wells resident perks (resort discounts, gym access, event tickets).
Strong Investment & Rental Opportunity: Explicitly marketed as short-term rental friendly, offering significant income potential for investors or flexible personal use.
Modernized Interior & Aesthetic Appeal: Recently updated with new flooring, paint, baseboards, and furniture, presenting a fresh, move-in-ready condition with designer touches.
Scenic Mountain Views & Gated Community Amenities: Private patios provide breathtaking mountain views, set within a secure, tranquil gated community featuring sparkling pools and lush desert landscaping.
Cost-Efficient Utilities & Thoughtful Layout: Benefits from lower utility costs due to IID electric and features a functional open-concept living space, an ensuite primary with dual vanities, and convenient indoor laundry.

Cons

Limited Living Space & Single Bedroom: With only 864 sqft and one bedroom, the property offers restricted living space, potentially limiting its appeal to a broader market.
Aging Construction & Recurring HOA Fees: Built in 1972, the property is over 50 years old. The $395 monthly association fee adds a significant recurring cost to ownership.
Prior Transaction Failure & Price Adjustment: The listing notes 'Back on market - Buyer could not perform,' which may signal underlying issues or raise buyer caution. A recent price reduction from $375,000 to $359,000 could indicate initial overpricing or challenges in attracting offers.

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