$305,000
PENDING

78087 Cobalt Ct La Quinta, CA 92253

Estimated payment $2,527/month

Total Views 606
1 Bed
1 Bath
763 Sq Ft
$400 Price per Sq Ft

Highlights

  • Golf Course Community
  • Unit is on the top floor
  • Panoramic View
  • Gerald R. Ford Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

Welcome to Your Desert Getaway! A prime location in the Heart of La Quinta, this is a rare opportunity to own in the sought-after Palm Royale Country Club! This stunning second-floor condo, updated in 2019, is perched above the 15th fairway, offering spectacular golf course views. Enjoy relaxing evenings by the fire pit on your spacious, east-facing patio terrace -- perfectly positioned for shade and reduced afternoon heat.Inside, you'll find cathedral ceilings, tile flooring, an upgraded bathroom, convenient en-suite stacked laundry, a dishwasher, garbage disposal, and energy-efficient double-pane windows. A new AC and heater system was installed in 2023, making this home both comfortable and smart.Just steps away, enjoy a dip in the pool or unwind in the nearby spa/hot tub. Located in the heart of La Quinta, this property is close to world-class golf courses, restaurants, shops, parks, hiking and biking trails, theaters, and entertainment venues -- and just a short stroll from the Indian Wells Tennis Garden and Nobu.The HOA fee includes two unlimited golf passes, access to tennis and pickleball courts, internet and cable services, trash disposal, exterior maintenance, security, community amenities, and events at the clubhouse.Palm Royale offers four community pools and spas, two dog parks, and an 18-hole golf course. This home is ideal for either a seasonal retreat or a permanent residence. (Note: minimum rental period is 30 days.)Offered turnkey furnished, per Buyer's choice -- welcome to your perfect desert getaway!

Listing Agent

Chanel Young

HomeSmart License #02066742 Listed on: 05/13/2024

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1989

Lot Details

  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $575 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain
  • Park or Greenbelt

Interior Spaces

  • 763 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only
  • Shower Only in Secondary Bathroom

Parking

  • 100 Parking Garage Spaces
  • Garage Door Opener
  • Automatic Gate
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • Energy-Efficient Construction
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 604023015

Community Details

Overview

  • Palm Royale Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,202

Year Built

Built in 1989

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Leisure Faces East
  • Levels: Two, Top
  • List Price per Sq Ft: 399.74
  • View Type: Golf Course, Panoramic, Park/Green Belt, Mountain(s)
  • Year Built: 1989
  • Listing I D: 219129984
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Palm Royale
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Microwave Oven, Electric Oven, Electric Range, Stackable W/D Hookup, Disposal, Dishwasher
  • Appliances Other: Toilet Bidet
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Total Bedrooms: 1
  • Bathroom Features: Shower Stall, Tile Shower
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Pantry
  • Laundry: Electric Dryer Hookup
  • Estimated Sq Ft: 763.00

Exterior Features

  • Other Features: Balcony, Energy Efficient, Barbeque Private
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Unassigned, Garage Door Opener
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 101.00
  • Total Uncovered Assigned Spaces: 100.00

Utilities

  • Cooling Type: Air Conditioning, Electric, Central Air
  • Heating: Central
  • Security: Automatic Gate, Gated Community, Card/Code Access
  • Sewer: In Street Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Barbecue, Greenbelt/Park, Golf Course, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 575.00
  • Total Monthly Association Fees: 575.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 604023015
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0800
  • Lot Size: 3484.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

MLS Schools

  • School District: Desert Sands Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,202 $395,085 $59,533 $335,552
2023 $3,202 $218,484 $57,222 $161,262
2022 $2,997 $214,200 $56,100 $158,100
2021 $2,763 $197,005 $49,246 $147,759
2020 $2,717 $194,986 $48,742 $146,244
2019 $2,671 $191,164 $47,787 $143,377
2018 $2,626 $187,416 $46,850 $140,566
2017 $2,606 $183,742 $45,932 $137,810
2016 $2,577 $180,140 $45,032 $135,108
2015 $2,587 $177,436 $44,356 $133,080
2014 $2,439 $165,000 $41,000 $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Pending -- -- --
05/13/2024 05/13/24 For Sale $305,000 +45.2% $400 / Sq Ft
01/05/2021 01/05/21 Sold $210,000 -3.2% $275 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $217,000 -- $284 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Grant Deed $210,000 Landwood Title
Interfamily Deed Transfer -- Landwood Title
Interfamily Deed Transfer -- None Available
Grant Deed $150,000 Orange Coast Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 New Conventional
Previous Owner $165,500 Unknown
Previous Owner $153,500 New Conventional
Previous Owner $119,920 Purchase Money Mortgage
Closed $29,980 No Value Available
Source: Public Records

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Source: California Desert Association of REALTORS®

MLS Number: 219129984

California Desert Association of REALTORS®

APN: 604-023-015