Skip main navigation
For sale
  • Listed by: eXp Realty Of Southern California Inc • Peyson Robertson • 760-702-4667
    $325,000

    78250 Cortez Ln Unit 129, Indian Wells, CA 92210

    1beds
    576sqft
    Condominium
    Built in 1972
    -- sqft lot
    $317,600 Zestimate®
    $564/sqft
    $265/mo HOA

    What's special

    Meticulously maintained groundsBeautifully updated ground-floor studioModern lg appliances throughout
    Turnkey Mountain Cove Retreat - Ground Floor Studio with Exclusive Indian Wells PrivilegesDiscover the perfect blend of luxury and convenience in this beautifully updated ground-floor studio at Mountain Cove, Indian Wells' premier guard-gated community. Nestled against the majestic mountain backdrop, this turnkey residence offers an exceptional lifestyle opportunity in the heart of the Coachella Valley.Located just minutes from the renowned Indian Wells Tennis Garden, residents enjoy complimentary tickets to Resident's Day at the BNP Paribas Open along with exclusive discounts at Indian Wells Golf Resort, BNP Paribas Open, and all four Indian Wells resort properties. Throughout the year, Mountain Cove hosts exclusive resident-only events that create a true sense of community behind the 24-hour guard-gated entrance.This move-in ready studio features modern LG appliances throughout and thoughtful upgrades including dimmers in the bathroom, kitchen, and hallway for perfect ambiance. The convenient smart lock entry system adds both security and ease of access. The unit comes fully furnished with limited exclusions, making it an ideal turnkey investment or desert escape.The Mountain Cove community offers three resort-style pools set against meticulously maintained grounds, providing the ultimate desert oasis experience. The location is unbeatable, with world-class dining and shopping at the nearby El Paseo District, plus the Grand Hyatt Indian Wells Resort & Villas and Renaissance Esmeralda Resort & Spa just moments away.For investors, this HOA permits short-term rentals with just a 7-day minimum stay requirement, offering flexibility not found in most Indian Wells communities where 30-day minimums are standard. Experience the ultimate desert lifestyle where resort-style living meets investment potential in one of Indian Wells' most sought-after addresses.
    181 days
    |
    223
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peyson Robertson DRE #02115525 760-702-4667,

    eXp Realty Of Southern California Inc,

    The Obsidian Group DRE #02115525 760-702-4667,

    eXp Realty Of Southern California Inc

    Source: CRMLS,MLS#: 219143029DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Living Room
      Bathroom
      • Features: Remodeled, Tile Counters
      Kitchen
      • Features: Granite Counters, Remodeled, Updated Kitchen
      Heating
      • Central, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Water Heater, Freezer, Microwave, Refrigerator
      Features
      • Open Floorplan
      • Flooring: Vinyl
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total interior livable area: 576 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Patio & porch: Concrete
      • Has private pool: Yes
      • Pool features: Community, Electric Heat, In Ground
      • Spa features: Community, Heated, In Ground
      • Fencing: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 436 Square Feet
      • Features: Cul-De-Sac, Planned Unit Development, Sprinkler System
      Details
      • Parcel number: 643060027
      • On leased land: Yes
      • Lease amount: $1,980
      • Special conditions: Standard

      Construction

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

      Utilities & green energy

      • Electric: 220 Volts in Laundry

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $564/sqft
      • Tax assessed value: $303,450
      • Annual tax amount: $4,252
      • Date on market: 2/10/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $317,600

        $302,000 - $333,000

        $2,318/mo

        Price history

        DateEventPrice
        3/29/2026Listed for sale$325,000+19.3%$564/sqft
        Source: Greater Palm Springs Realtors #219143029 Report a problem
        8/11/2023Sold$272,500-0.9%$473/sqft
        Source: Public Record Report a problem
        6/27/2023Pending sale$275,000+61.3%$477/sqft
        Source: CRMLS #IG23045620 Report a problem
        4/14/2023Sold$170,500-38%$296/sqft
        Source: Public Record Report a problem
        4/6/2023Price change$275,000-8.3%$477/sqft
        Source: CRMLS #IG23045620 Report a problem
        3/20/2023Listed for sale$299,900+59880%$521/sqft
        Source: CRMLS #IG23045620 Report a problem
        4/4/2022Sold$500$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,252 +138.2%$303,450 +190.2%
        2024$1,785 +4.9%$104,566 +2%
        2023$1,701 +3.1%$102,516 +2%
        2022$1,649 +2.9%$100,507 +2%
        2021$1,602 +1.5%$98,537 +1%
        2020$1,579 +1.5%$97,528 +2%
        2019$1,556 +1.5%$95,617 +2%
        2018$1,533 +1.6%$93,743 +2%
        2017$1,509 $91,906 +2%
        2016$1,509 +1.6%$90,105 +1.5%
        2015$1,486 +1.3%$88,754 +2%
        2014$1,467 $87,018 +0.5%
        2013-- $86,627 +2%
        2012-- $84,929 +2%
        2011-- $83,264 +0.8%
        2010-- $82,644 -0.2%
        2009-- $82,843 +2%
        2008-- $81,220 +2%
        2007-- $79,628 +2%
        2006-- $78,067 +2%
        2005-- $76,537 +23.4%
        2003-- $62,000
        2002-- $62,000 +12.7%
        2001$766 +17.1%$55,000 +22.2%
        2000$654 $45,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92210

        Getting around

        16 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help