78225 Cortez Ln Unit 181 Indian Wells, CA 92210
Estimated payment $2,434/month
Total Views
2,760
1
Bed
1
Bath
576
Sq Ft
$578
Price per Sq Ft
Highlights
- Gated Community
- Updated Kitchen
- Wrap Around Porch
- Gerald R. Ford Elementary School Rated A-
- Mountain View
- Breakfast Bar
About This Home
The perfect sunny escape--whether you're looking for a seasonal retreat, vacation getaway, or smart investment property! Located in Mountain Cove, this charming ground-floor 1BD/1BA unit offers 576 sq. ft. (est.) of thoughtfully updated living space on FEE LAND--you own the land! No land lease payments and a low $264/month HOA make ownership easy and affordable. Enjoy tile floors throughout, including the spacious patio for seamless indoor-outdoor living. The freshly painted interior is complemented by a remodeled kitchen featuring Samsung appliances, upgraded countertops and a sleek backsplash. Additional upgrades include a new AC (2024), on-demand tankless water heater, high-end sliding doors/windows with custom window coverings, and closet storage from California Closets. The bathroom offers a jacuzzi jetted tub and a Swedish washer/dryer. Custom patio gates and sunscreens create a private, shaded oasis--perfect for relaxing outdoors in comfort while staying cool and protected from the desert sun. Mountain Cove allows short-term rentals with a 7-day minimum, making this an ideal investment. Enjoy three sparkling community pools with breathtaking mountain views. Whether you're sipping coffee on your patio, strolling the serene grounds, or hitting the nearby golf course or spa, this desert gem has it all! As an Indian Wells resident, you'll love exclusive perks including discounted golf at Indian Wells Golf Resort, complimentary Hyatt Regency gym access, local resort dining/spa discounts, 2 tickets to the BNP Paribas each year, 20% off of Paradise Pickleball Club, and more!. Don't miss this turnkey opportunity to own in one of the desert's most desirable locations! Indian Wells is known as a luxurious desert resort city in the Coachella Valley, famous for its upscale amenities, world-class golf courses, and the prestigious BNP Paribas Open tennis tournament. It's a popular destination for both leisure and high-profile events.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,929
Year Built
- Built in 1972
HOA Fees
- $264 Monthly HOA Fees
Home Design
- Stucco Exterior
Interior Spaces
- 576 Sq Ft Home
- Custom Window Coverings
- Living Room
- Tile Flooring
- Mountain Views
Kitchen
- Updated Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in Bathroom
- Dryer
- Washer
Parking
- Guest Parking
- Unassigned Parking
Utilities
- Central Heating and Cooling System
- Private Water Source
- Tankless Water Heater
Additional Features
- Wrap Around Porch
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 643060079
Community Details
Overview
- Association fees include building & grounds, water, trash, security
- Mountain Cove Subdivision
- On-Site Maintenance
- Planned Unit Development
Pet Policy
- Pet Restriction
Security
- Card or Code Access
- Gated Community
Map
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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 | $3,929 | $511,744 | $73,098 | $438,646 |
| 2023 | $3,929 | $208,849 | $52,611 | $156,238 |
| 2022 | $2,687 | $189,863 | $47,828 | $142,035 |
| 2021 | $2,230 | $154,360 | $38,885 | $115,475 |
| 2020 | $2,043 | $140,328 | $35,350 | $104,978 |
| 2019 | $1,994 | $136,240 | $34,320 | $101,920 |
| 2018 | $1,931 | $131,000 | $33,000 | $98,000 |
| 2017 | $1,795 | $120,000 | $30,000 | $90,000 |
| 2016 | $1,679 | $111,000 | $28,000 | $83,000 |
| 2015 | $1,494 | $94,000 | $23,000 | $71,000 |
| 2014 | $1,324 | $80,000 | $20,000 | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $333,000 | -- | $578 / Sq Ft |
Source: California Desert Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $214,000 | Commonwealth Land Title | |
| Grant Deed | $148,000 | First American Title Co | |
| Grant Deed | $40,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,890 | New Conventional | |
| Closed | $149,800 | New Conventional | |
| Previous Owner | $146,250 | Fannie Mae Freddie Mac | |
| Previous Owner | $29,250 | Stand Alone Second | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $112,000 | Purchase Money Mortgage | |
| Previous Owner | $26,607 | Unknown | |
| Previous Owner | $20,000 | Stand Alone Second | |
| Previous Owner | $17,283 | Unknown | |
| Previous Owner | $15,888 | Unknown |
Source: Public Records
Similar Homes in Indian Wells, CA
Source: California Desert Association of REALTORS®
MLS Number: 219132048
APN: 643-060-079
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