78477 Magenta Drive, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
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La Quinta, California 92253
This Turnkey Resort Condominium is listed at $389,900, representing a stable value closely aligned with its $376,638 Fair Market Value. Boasting a Condition Rating of 2 following extensive renovations, the interior features high-quality porcelain tile, a modernized kitchen, and vaulted ceilings. Residents enjoy a premier lifestyle with panoramic lake and mountain views, unlimited golf, and proximity to the Rating 8 Gerald R. Ford Elementary School. This move-in-ready sanctuary is perfectly suited for Seasonal Vacationers or Owner-Occupants seeking a sophisticated, maintenance-free desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78477 Magenta Drive Subject | $374,900* List Price | 2 | 2 | 926 | $421 | - |
A 78357 Terra Cotta Court Sold | $400,000 | 2 | 2 | 912 | $439 | 0.1 mi |
B 78201 Indigo Drive Sold | $395,000 | 2 | 2 | 912 | $433 | 0.3 mi |
C 78269 Scarlet Court Sold | $275,000 | 1 | 1 | 763 | $360 | 0.2 mi |
D 78347 Terra Cotta Court Sold | $275,000 | 1 | 1 | 763 | $360 | 0.1 mi |
E 78069 Cobalt Court Sold | $320,000 | 1 | 1 | 763 | $419 | 0.4 mi |
F 78493 Magenta Active | $410,000 List Price | 2 | 2 | 912 | $450 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2000, the property has undergone extensive recent renovations that bring it up to modern standards. The interior features high-quality porcelain tile flooring throughout, a fully updated kitchen with stainless steel appliances, contemporary herringbone tile backsplash, and quartz countertops. The presence of updated light fixtures, vaulted ceilings, and well-maintained systems indicates a property with no deferred maintenance and high-end finishes.
Positioned as a premium end-unit, this residence offers exceptional panoramic views of the lake, mountains, and golf course while maintaining a quiet, low-traffic setting.
The HOA provides significant value by including unlimited golf, tennis, pickleball, and six community pools, alongside essential utilities like high-speed internet and cable TV.
The property is offered fully furnished and features modern upgrades such as porcelain tile flooring, skylights, and upgraded kitchen appliances, making it move-in ready.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 871.
At 926 square feet, the interior space is relatively modest for a two-bedroom unit, which may limit appeal for buyers seeking more spacious accommodations.
The property includes only a detached one-car garage, which may be a drawback for multi-vehicle households or those preferring direct-entry access to the home.
This renovated 2-bedroom, 2-bath end-unit is situated in a prime location within the gated Palm Royale community, offering sweeping lake, fairway, and mountain views, while remaining tucked away from traffic and noise. Offered furnished and complete with a detached 1-car garage, the home is ready for immediate enjoyment. The seller is motivated and has recently reduced the price, creating an exceptional opportunity.Palm Royale provides an impressive collection of amenities tailored to an active desert lifestyle. Residents enjoy golf on the Ted Robinson-designed par-3 course, pickleball, tennis, six community pools and spas, a fitness center, and a clubhouse. HOA fees include unlimited golf, high-speed internet, cable TV, sewer, trash, and grounds maintenance--streamlining daily living. The community also serves as the desert headquarters for Helix Disc Golf, adding even more recreational variety.The location places you directly across from the Indian Wells Tennis Garden, home of the BNP Paribas Open, and within close reach of shopping, dining, transportation, Acrisure Arena, and major seasonal events such as the Coachella and Stagecoach festivals. The property also offers strong long-term rental appeal, with annual rental performance exceeding $30,000, making it an attractive option for buyers seeking income-producing potential. Whether enjoyed seasonally or as a long-term residence, this condominium checks all the boxes for those seeking a well-situated desert retreat.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 926 | 1,774.5 |
| Lot Size | 0.2 | 2,613 |
| Price | $374.9K | $694.2K |
| Price per sq ft | $405 | $381 |
| Built year | 2000 | 1986 |
| HOA | $575.0 | $780 |
| Days on market | 107 | 73 |
May 22, 2026
$374,900
$379,900
-1% Price Drop
Initial Listing
May 1, 2026
$379,900
$389,900
-3% Price Drop
Initial Listing
Apr 6, 2026
$389,900
Initial Listing
Nov 30, 2012
$190,000
Public Record
Aug 23, 2000
$132,500
Public Record