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Sold for $269,000
    • Listed by: Coldwell Banker Realty • Preston King • Contact: 503-840-9157
    Bought with: Berkshire Hathaway HomeServices California Properties
    Tax assessed value
    $269,000

    78225 Cortez Ln Unit 182, Indian Wells, CA 92210

    1beds
    576sqft
    Condominium
    Built in 1972
    -- sqft lot
    $264,400 Zestimate®
    $467/sqft
    $2,318 Estimated rent

    Home value

    $264,400

    $238,000 - $291,000

    $2,318/mo

    Zestimate® history
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    What's special

    Welcome to MOUNTAIN COVE in INDIAN WELLS! Where luxury, tranquility, and investment potential converge. Nestled directly against the breathtaking SANTA ROSA MOUNTAINS, this FULLY FURNISHED, second floor, vaulted ceiling condo offers a truly immersive desert retreat. The open floor plan is flooded with natural light and stunning Mountain Cove views. One of the rare units on FEE-SIMPLE LAND, it is NOT SUBJECT TO LAND LEASE PAYMENTS, enhancing long-term value and peace of mind for both vacation homeowners and savvy investors. Whether you're looking for a serene getaway or a property with STRONG RENTAL INCOME POTENTIAL, this condo checks all the boxes. MOUNTAIN COVE permits SHORT-TERM RENTALS with a SEVEN-DAY MINIMUM, making it an ideal option for generating passive income when not in personal use. With THREE COMMUNITY POOLS, every day here feels like a vacation. As a resident of INDIAN WELLS, you'll also enjoy EXCLUSIVE BENEFITS, including DISCOUNTED GOLF at the INDIAN WELLS GOLF RESORT for only $35 PER ROUND WITH A GOLF CART from MAY -DECEMBER, and $50 PER ROUND from JANUARY-APRIL, complimentary access to the HYATT REGENCY GYM, RESTAURANT and HOTEL DISCOUNTS, and TICKETS TO THE INDIAN WELLS TENNIS GARDENS! Perfectly situated just minutes from world-class dining, shopping, and entertainment along EL PASEO, this is a rare opportunity to own in one of the DESERT'S MOST SOUGHT-AFTER COMMUNITIES. Whether for personal enjoyment or investment, this home offers the best of DESERT LIVING in a truly spectacular location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Preston King DRE #02210006 503-840-9157,

    Coldwell Banker Realty,

    James Bianco DRE #01954998 760-808-0650,

    Coldwell Banker Realty

    Bought with:

    Sonia Capo, DRE #02199547

    Berkshire Hathaway HomeServices California Properties

    Source: CRMLS,MLS#: 219133348PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Entry/Foyer, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bathroom
    • Features: Bathtub, Linen Closet, Separate Shower
    Kitchen
    • Features: Kitchen Island, Laminate Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
    • Laundry: Common Area
    Features
    • Beamed Ceilings, Balcony, High Ceilings, Open Floorplan, Storage, Main Level Primary
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Windows: Screens
    • Has fireplace: No
    Interior area
    • Total interior livable area: 576 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Enclosed
    • Has private pool: Yes
    • Pool features: Community, Electric Heat, In Ground
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 534 Square Feet
    • Features: Landscaped, Planned Unit Development
    Details
    • Parcel number: 643060080
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1972

    Community & HOA

    Community
    • Features: Gated, Pool
    • Security: Security Gate, Gated Community
    • Subdivision: Mountain Cove
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Maintenance Grounds, Security, Trash, Water
    • HOA fee: $265 monthly
    • HOA name: Club View
    Location
    • Region: Indian Wells

    Financial & listing details

    • Price per square foot: $467/sqft
    • Tax assessed value: $269,000
    • Date on market: 7/30/2025
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: All furnishings, appliances, tankless water heater & miscellaneous household items.

    Price history

    DateEventPrice
    10/17/2025Sold$269,000$467/sqft
    Source: CRMLS #219133348PS Report a problem
    10/7/2025Pending sale$269,000$467/sqft
    Source: Greater Palm Springs Realtors #219133348 Report a problem
    9/18/2025Contingent$269,000$467/sqft
    Source: Greater Palm Springs Realtors #219133348 Report a problem
    9/5/2025Listed for sale$269,000$467/sqft
    Source: CDAR/ Desert Area MLS #219133348 Report a problem
    8/21/2025Pending sale$269,000$467/sqft
    Source: Greater Palm Springs Realtors #219133348 Report a problem
    8/2/2025Contingent$269,000$467/sqft
    Source: Greater Palm Springs Realtors #219133348 Report a problem
    7/30/2025Listed for sale$269,000$467/sqft
    Source: CDAR/ Desert Area MLS #219133348 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $269,000 +160.8%
    2025$1,799 +3.3%$103,156 +2%
    2024$1,743 +3.2%$101,134 +2%
    2023$1,690 +3.1%$99,152 +2%
    2022$1,639 +2.9%$97,209 +2%
    2021$1,592 +1.4%$95,304 +1%
    2020$1,570 +1.4%$94,328 +2%
    2019$1,548 +1.4%$92,479 +2%
    2018$1,526 +1.6%$90,666 +2%
    2017$1,503 $88,889 +2%
    2016$1,503 +1.5%$87,147 +1.5%
    2015$1,480 +4.9%$85,840 +7.3%
    2014$1,410 $80,000 -4.5%
    2013-- $83,783 +2%
    2012-- $82,142 +2%
    2011-- $80,532 +0.8%
    2010-- $79,932 -0.2%
    2009-- $80,124 +2%
    2008-- $78,554 +2%
    2007-- $77,015 +2%
    2006-- $75,506 +2%
    2005-- $74,027 +19.4%
    2003-- $62,000
    2002-- $62,000 +12.7%
    2001$894 +14.3%$55,000 +22.2%
    2000$782 $45,000
    Find assessor info on the county website

    Neighborhood: 92210

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gerald Ford
    • Middle: La Quinta
    • High: Palm Desert

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $264,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $264,400

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