78255 Cabrillo Lane 118, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 2 bath

78255 Cabrillo Lane 118, Indian Wells, California 92210 home-pic-0
ACTIVE$420,000$864/sqft
78255 Cabrillo Lane 118, Indian Wells, California 92210
1Bed
2Baths
864Sqft
1,742Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Modern Remodel: The property boasts a comprehensive, stylish remodel including a freshly painted interior, luxury vinyl plank flooring, quartz countertops, a reimagined open-concept kitchen with new cabinetry and appliances, and updated bathrooms, offering a move-in ready modern aesthetic.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 762.

Compared to the nearby listings

Price:$420.0K vs avg $665.0K ($-245,000)29%
Size:864 sqft vs avg 1,927 sqft18%
Price/sqft:$486 vs avg $38989%

More Insights

Built in 1972 (54 years old).
Condition: Despite being built in 1972, this property has undergone a comprehensive and recent 'full remodel' as stated in the description. The images confirm a high-quality renovation with new luxury vinyl plank flooring throughout, a reimagined open-concept kitchen featuring new white shaker cabinetry, quartz countertops with a waterfall edge, modern hardware, trendy backsplash, and all new appliances. Both bathrooms are also fully updated with matching modern vanities, fixtures, and a brand-new stackable washer and dryer. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1972
Close
-
List price
$420K
Original List price
$420K
Price/Sqft
$486
HOA
$265
Days on market
-
Sold On
-
MLS number
219141417DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
ViewMountain(s)

About this home

Have you ever dreamed of living in a treehouse? This is about as close as it gets in Southern California! This rare upper-level Mountain Cove residence is ideally situated against the mountains and has been fully remodeled--and even better, it is located on FEE LAND, meaning you own the land.Upper units in Mountain Cove are highly sought after for their vaulted, beamed ceilings, abundant windows and sliders, and, of course, the breathtaking views. Nestled in the heart of Indian Wells, Mountain Cove is surrounded by dramatic mountain scenery, lush palm trees, and sparkling community pools.Inside, this stylish remodel features a freshly painted interior, luxury vinyl plank flooring, quartz slab countertops with waterfall edge. The open-concept kitchen has been reimagined with slow-close white shaker cabinetry, modern hardware, trendy backsplash, all appliances, and a custom pantry closet. Both bathrooms have been updated with matching vanities for a cohesive design, and the guest bath includes a brand-new stackable washer and dryer.The spacious primary suite offers incredible views and a convenient mini office area. This is not a studio floor plan--enjoy a full living and dining area, a private primary suite, and two bathrooms.Craving privacy and a peaceful escape? Relax on your private deck while soaking in the stunning mountain views. Indian Wells residents enjoy IID electric for lower utility bills, plus exclusive city benefits, including discounts at participating restaurants, hotels, spas, and golf courses, along with complimentary use of the gym at the Hyatt Regency Indian Wells Resort.YES--this is a short-term rental friendly community with a 7-day minimum, making it an excellent full-time residence, second home, or investment opportunity.

S
Sondra Bittner
Listing Agent

Nearby schools

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

Price History

Date
Event
Price
06/12/23
Sold
$490,000
11/07/22
Sold
$370,000
10/09/19
Sold
$210,000
Condition Rating
Excellent

Despite being built in 1972, this property has undergone a comprehensive and recent 'full remodel' as stated in the description. The images confirm a high-quality renovation with new luxury vinyl plank flooring throughout, a reimagined open-concept kitchen featuring new white shaker cabinetry, quartz countertops with a waterfall edge, modern hardware, trendy backsplash, and all new appliances. Both bathrooms are also fully updated with matching modern vanities, fixtures, and a brand-new stackable washer and dryer. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Remodel: The property boasts a comprehensive, stylish remodel including a freshly painted interior, luxury vinyl plank flooring, quartz countertops, a reimagined open-concept kitchen with new cabinetry and appliances, and updated bathrooms, offering a move-in ready modern aesthetic.
Prime Location with Breathtaking Views: Ideally situated against the mountains in Indian Wells, the upper-level unit offers stunning mountain views, a 'treehouse' feel, and access to community pools, providing a serene and picturesque living environment.
Fee Land Ownership: A significant advantage, as the property is located on 'Fee Land,' meaning the buyer owns the land outright, avoiding the complexities and potential restrictions associated with leasehold properties.
Short-Term Rental Investment Potential: The community is short-term rental friendly with a 7-day minimum, making it an attractive option for investors seeking income generation or for owners desiring flexibility for a second home.
Exclusive Indian Wells Resident Benefits: Residents enjoy valuable perks such as lower IID electric utility bills and exclusive city benefits, including discounts at local establishments and complimentary gym access at the Hyatt Regency, enhancing the overall lifestyle and value proposition.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 762.
Building Age: Constructed in 1972, the building's age, despite the interior remodel, may raise concerns about the condition of original common area infrastructure or potential for future maintenance needs not covered by the unit's updates.
Compact Living Space: With 864 square feet, the unit offers a relatively compact living area, which might be a limiting factor for buyers desiring more expansive rooms or additional space.
Monthly Association Fees: The property incurs a monthly association fee of $265.0, which is an ongoing cost that buyers must consider in their budget, in addition to mortgage and utilities.
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