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For sale
  • Listed by: Equity Union • Arnold Galvan
    Price cut: $5K (5/21)
    $374,900

    78477 Magenta Dr, La Quinta, CA 92253

    2beds
    926sqft
    : 
    $3,116/mo
    Get pre-qualified
    Condominium
    Built in 2000
    -- sqft lot
    $369,300 Zestimate®
    $405/sqft
    $575/mo HOA

    What's special

    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.
    110 days
    |
    269
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Arnold Galvan DRE #02117173 760-902-7187,

    Equity Union

    Source: CRMLS,MLS#: 219145939PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Rooms
      • Room types: Great Room
      Bathroom
      • Features: Tub Shower
      Kitchen
      • Features: Granite Counters
      Heating
      • Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
      • Laundry: Laundry Closet
      Features
      • Breakfast Bar
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total interior livable area: 926 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Unassigned
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Concrete
      • Has private pool: Yes
      • Pool features: Community, In Ground
      • Spa features: Community, Heated, In Ground
      • Has view: Yes
      • View description: Golf Course, Mountain(s), Pond
      • Has water view: Yes
      • Water view: Pond
      Lot
      • Size: 0 Square Feet
      • Features: On Golf Course, Near Public Transit, Sprinkler System
      Details
      • Parcel number: 604026035
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Stucco
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2000
      Details
      • Builder model: Stoneridge

      Utilities & green energy

      • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Golf, Gated, Pool
      • Security: Security Gate, Gated Community, Key Card Entry
      • Subdivision: Palm Royale
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Sport Court, Golf Course, Maintenance Grounds, Lake or Pond, Management, Meeting/Banquet/Party Room, Other Courts, Pet Restrictions, Tennis Court(s), Trash, Cable TV
      • HOA fee: $575 monthly
      • HOA name: Palm Royale Country Club Homeowners Association
      Location
      • Region: La Quinta

      Financial & listing details

      • Price per square foot: $405/sqft
      • Tax assessed value: $233,958
      • Annual tax amount: $3,317
      • Date on market: 4/6/2026
      • Listing terms: Cash,Conventional,VA Loan

        Estimated market value

        $369,300

        $351,000 - $388,000

        $2,451/mo

        Price history

        DateEventPrice
        5/21/2026Price change$374,900-1.3%$405/sqft
        Source: CDAR/ Desert Area MLS #219145939 Report a problem
        4/30/2026Price change$379,900-2.6%$410/sqft
        Source: Greater Palm Springs Realtors #219145939 Report a problem
        4/7/2026Listed for sale$389,900-4.7%$421/sqft
        Source: CDAR/ Desert Area MLS #219145939 Report a problem
        6/1/2025Listing removed$409,000$442/sqft
        Source: CDAR/ Desert Area MLS #219123737 Report a problem
        1/29/2025Listed for sale$409,000+115.3%$442/sqft
        Source: Greater Palm Springs Realtors #219123737 Report a problem
        9/13/2024Listing removed$2,150$2/sqft
        Source: Zillow Rentals Report a problem
        9/1/2024Listed for rent$2,150+7.5%$2/sqft
        Source: Zillow Rentals Report a problem
        7/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/11/2024Listed for rent$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        11/29/2012Sold$190,000+50.8%$205/sqft
        Source: CDAR/ Desert Area MLS #21464871 Report a problem
        8/31/2012Sold$126,000-4.9%$136/sqft
        Source: Public Record Report a problem
        8/23/2000Sold$132,500$143/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,317 +2.7%$233,958 +2%
        2024$3,229 +2.7%$229,372 +2%
        2023$3,145 +2.6%$224,875 +2%
        2022$3,064 +2.5%$220,466 +2%
        2021$2,988 +1.7%$216,144 +1%
        2020$2,937 +1.7%$213,928 +2%
        2019$2,886 +1.7%$209,734 +2%
        2018$2,837 +0.9%$205,622 +2%
        2017$2,813 $201,592 +2%
        2016$2,813 +0.9%$197,640 +1.5%
        2015$2,789 +1.5%$194,673 +2%
        2014$2,748 $190,861 +0.5%
        2013-- $190,000 +11.8%
        2012-- $170,022 +2%
        2011-- $166,689 +0.8%
        2010-- $165,446 -0.2%
        2009-- $165,841 +2%
        2008-- $162,590 +2%
        2007-- $159,403 +2%
        2006-- $156,279 +2%
        2005-- $153,215 +11.1%
        2003-- $137,853 +2%
        2002-- $135,150 +2%
        2001$1,732 $132,500
        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: 92253

        Getting around

        17 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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