cortez 149 691
1 / 31

78200 Cortez Lane, 149, Indian Wells, CA 92210

$315K1bd · 1ba · 576 sqft
Lot 514 sqft•HOA $265/mo•Condominium•
Active
•175d on market•MLS# 219147771

Property Description

Location, Location, Location! Don't miss this chance to own this stunning upgraded Condo in the desirable gated community 'Mountain Cove' in Indian Wells. This spectacular lower-level unit features one-bedroom, one-bathroom, laundry room, cozy and charming living and kitchen space with panoramic mountain views and easy pool access just steps away. This condo offers a generous outdoor space, boasting a double patio perfect for admiring the mountain scenery, morning and night. Fully furnished! Owners of Indian Wells enjoy significant advantages (discounted golf, spa and shopping, along with access to great fitness facilities a short drive away) This community permits for Short Term Rentals, 7 days minimum.

Features & Amenities

Mountain CoveLeaseBuilt 1972

Property Details

Subdivision
Mountain Cove
Land Type
Lease
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Tile
City
Indian Wells
Zip Code
92210
County
Riverside
Listed byVYP Real Estate & Associates, Veronica Y Perez·760-396-7737

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,592.81
Principal & Interest
Loan Amount
$252,000
Total Interest
$321,412
Total Payment Over 30 Years
$573,412
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Mountain Cove

This property is located in Mountain Cove, a community in Indian Wells. Explore more listings in this neighborhood to compare options and pricing.

View Mountain Cove Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

78200 Cortez Lane, 149, Indian Wells, CA 92210

Mountain Cove · Indian Wells · Condominium · Lease Land

$315K
Affordable Tier
Beds
1
Baths
1
Sqft
576
Lot
514 sqft
Year
1972
$/Sqft
$547
Pool: No✓
Spa: No✓
View: mountain✓

Listed 5.0% above the median closed sale of $300,000. Price per sqft ($547) is a 38% premium to closed comps ($397). Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $315K· $547/sqft
Total list price
Closed comps
vs closed median $300K
+$15K (+5.0%)
Active comps
vs active median $290K
+$25K (+8.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $516
+$31 (+6.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
78200 Cortez LaneIndian Wells197211576586$484$279,0009398
46700 Mountain Cove DriveIndian Wells197211576662$467$269,0005997
46880 Mountain Cove DriveIndian Wells197211576701$562$324,0002097
78250 Cortez LaneIndian Wells197211576436$564$325,00026395
78250 Cortez LaneIndian Wells1972115760$503$290,00016493
Total: 5 · Average1.01.0576596.25$516$297,400119.8
Median576$290,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78175 Cabrillo LaneIndian Wells197210/30/202611576718$269,000$268,000$4651.007098
78200 Cortez LaneIndian Wells197210/15/202611576436$319,000$300,000$5210.9415697
46855 Mountain Cove DriveIndian Wells197205/28/2026115760$319,900$300,000$5210.9411494
78130 Cortez LaneIndian Wells197208/12/2026221,152436$299,900$277,500$2410.935172
46646 Arapahoe LaneIndian Wells198008/17/2026221,4461,439$359,000$340,000$2350.955365
Total: 5 · Average1.41.4865.2757.25$297,100$297,100$396.6—88.8
Median576$300,000$300,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.