78069 Cobalt Ct La Quinta, CA 92253
Estimated payment $2,607/month
Highlights
- On Golf Course
- Panoramic View
- Open Floorplan
- Gerald R. Ford Elementary School Rated A-
- Gated Community
- Community Lake
About This Home
Nestled in the heart of Palm Royale, this exquisitely upgraded lower-level TURNKEY furnished condo is a true desert gem, offering breathtaking south/east-facing views of the majestic mountains and pristine golf course. Boasting 763 sq. ft. of refined living space, this 1-bedroom, 1-bath retreat is perfectly positioned across from the world-famous Indian Wells Tennis Garden--home to the prestigious BNP Paribas Open. Designed for both full-time living and luxurious seasonal escapes, this residence dazzles with a Chef's kitchen featuring stainless steel appliances, slab granite countertops, a stylish subway tile prep island, and chic pendant lighting. The open concept living and dining areas are enhanced by luxury vinyl plank flooring, plantation shutters, and a TV/media niche. A tranquil primary retreat leads to a spa-inspired bath with a vessel sink, granite counters, and a beautifully tiled shower. Beyond the interiors, enjoy resort-style amenities, including unlimited golf on the Ted Robinson-designed par-3 course, tennis and pickleball courts, and six sparkling pools. Step onto the inviting rear covered patio, where charming Saltillo tile sets the stage for a serene desert retreat. Take in the breathtaking, tranquil views that create the perfect backdrop for morning coffee, sunset cocktails, or simply unwinding in your own private oasis. Truly a great investment opportunity, particularly seasonally. HOA dues cover essential utilities, including cable and internet, making this the ultimate worry-free desert getaway!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,888
Year Built
- Built in 1989
Lot Details
- On Golf Course
- Southeast Facing Home
- Sprinkler System
HOA Fees
- $575 Monthly HOA Fees
Property Views
- Panoramic
- Golf Course
- Mountain
Home Design
- Turnkey
- Slab Foundation
- Tile Roof
- Stucco Exterior
Interior Spaces
- 763 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- Shutters
- Sliding Doors
- Great Room
- Dining Area
- Laundry closet
Kitchen
- Electric Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Shower Only in Secondary Bathroom
Parking
- 1 Car Detached Garage
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Property is located within a water district
Additional Features
- Covered Patio or Porch
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 604023024
Community Details
Overview
- 354 Units
- Palm Royale Subdivision
- Community Lake
- Planned Unit Development
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Sport Court
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,888 | $204,784 | $51,192 | $153,592 |
| 2023 | $2,888 | $196,834 | $49,205 | $147,629 |
| 2022 | $2,737 | $192,976 | $48,241 | $144,735 |
| 2021 | $2,668 | $189,194 | $47,296 | $141,898 |
| 2020 | $2,623 | $187,256 | $46,812 | $140,444 |
| 2019 | $2,579 | $183,586 | $45,895 | $137,691 |
| 2018 | $2,536 | $179,988 | $44,997 | $134,991 |
| 2017 | $2,518 | $176,460 | $44,115 | $132,345 |
| 2016 | $1,579 | $97,397 | $34,088 | $63,309 |
| 2015 | $1,584 | $95,936 | $33,577 | $62,359 |
| 2014 | $1,564 | $94,059 | $32,920 | $61,139 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Price Changed | $339,000 | -8.4% | $444 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $369,900 | -3.6% | $485 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $383,900 | -1.5% | $503 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $389,900 | +125.4% | $511 / Sq Ft |
| 02/16/2016 02/16/16 | Sold | $173,000 | -3.4% | $227 / Sq Ft |
| 01/16/2016 01/16/16 | Pending | -- | -- | -- |
| 11/12/2015 11/12/15 | For Sale | $179,000 | 0.0% | $235 / Sq Ft |
| 11/04/2015 11/04/15 | Pending | -- | -- | -- |
| 10/19/2015 10/19/15 | For Sale | $179,000 | 0.0% | $235 / Sq Ft |
| 10/05/2015 10/05/15 | Pending | -- | -- | -- |
| 09/06/2015 09/06/15 | For Sale | $179,000 | -- | $235 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $142,000 | Orange Coast Title Company | |
| Grant Deed | $90,000 | None Available | |
| Trustee Deed | $133,777 | Fidelity Natl Title Ins Co | |
| Grant Deed | $225,000 | Stewart Title Riverside | |
| Grant Deed | $118,000 | Orange Coast Title | |
| Grant Deed | $32,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,000 | Seller Take Back | |
| Previous Owner | $213,750 | Purchase Money Mortgage | |
| Previous Owner | $65,000 | Credit Line Revolving |
Source: California Desert Association of REALTORS®
MLS Number: 219126348
APN: 604-023-024
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