78225 Cortez Ln Unit 182 Indian Wells, CA 92210
Estimated payment $1,830/month
Highlights
- Unit is on the top floor
- Heated In Ground Pool
- Open Floorplan
- Gerald R. Ford Elementary School Rated A-
- Gated Community
- Mountain View
About This Home
Welcome to MOUNTAIN COVE in INDIAN WELLS! Where luxury, tranquility, and investment potential converge. Nestled directly against the breathtaking SANTA ROSA MOUNTAINS, this FULLY FURNISHED, second floor, vaulted ceiling condo offers a truly immersive desert retreat. The open floor plan is flooded with natural light and stunning Mountain Cove views. One of the rare units on FEE-SIMPLE LAND, it is NOT SUBJECT TO LAND LEASE PAYMENTS, enhancing long-term value and peace of mind for both vacation homeowners and savvy investors. Whether you're looking for a serene getaway or a property with STRONG RENTAL INCOME POTENTIAL, this condo checks all the boxes. MOUNTAIN COVE permits SHORT-TERM RENTALS with a SEVEN-DAY MINIMUM, making it an ideal option for generating passive income when not in personal use. With THREE COMMUNITY POOLS, every day here feels like a vacation. As a resident of INDIAN WELLS, you'll also enjoy EXCLUSIVE BENEFITS, including DISCOUNTED GOLF at the INDIAN WELLS GOLF RESORT for only $35 PER ROUND WITH A GOLF CART from MAY -DECEMBER, and $50 PER ROUND from JANUARY-APRIL, complimentary access to the HYATT REGENCY GYM, RESTAURANT and HOTEL DISCOUNTS, and TICKETS TO THE INDIAN WELLS TENNIS GARDENS! Perfectly situated just minutes from world-class dining, shopping, and entertainment along EL PASEO, this is a rare opportunity to own in one of the DESERT'S MOST SOUGHT-AFTER COMMUNITIES. Whether for personal enjoyment or investment, this home offers the best of DESERT LIVING in a truly spectacular location.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,743
Year Built
- Built in 1972
Lot Details
- End Unit
- Home has East and West Exposure
- Landscaped
HOA Fees
- $265 Monthly HOA Fees
Home Design
- Slab Foundation
- Tile Roof
- Stucco Exterior
Interior Spaces
- 576 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Beamed Ceilings
- Vaulted Ceiling
- Window Screens
- Sliding Doors
- Entryway
- Combination Dining and Living Room
- Storage
- Mountain Views
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Warming Drawer
- Microwave
- Kitchen Island
- Laminate Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Linen Closet
- 1 Full Bathroom
- Secondary bathroom tub or shower combo
Parking
- Automatic Gate
- Guest Parking
- Unassigned Parking
Pool
- Heated In Ground Pool
- Fence Around Pool
Outdoor Features
- Living Room Balcony
- Enclosed Patio or Porch
Location
- Unit is on the top floor
Schools
- Gerald Ford Elementary School
- La Quinta Middle School
- Palm Desert High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 643060080
Community Details
Overview
- Association fees include building & grounds, water, trash, security
- Mountain Cove Subdivision
- On-Site Maintenance
- Planned Unit Development
Amenities
- Laundry Facilities
- Community Mailbox
Recreation
- Community Pool
Security
- Controlled Access
- 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 | $1,743 | $103,156 | $28,119 | $75,037 |
| 2023 | $1,743 | $99,152 | $27,028 | $72,124 |
| 2022 | $1,639 | $97,209 | $26,499 | $70,710 |
| 2021 | $1,592 | $95,304 | $25,980 | $69,324 |
| 2020 | $1,570 | $94,328 | $25,714 | $68,614 |
| 2019 | $1,548 | $92,479 | $25,210 | $67,269 |
| 2018 | $1,526 | $90,666 | $24,716 | $65,950 |
| 2017 | $1,503 | $88,889 | $24,232 | $64,657 |
| 2016 | $1,475 | $87,147 | $23,757 | $63,390 |
| 2015 | $1,480 | $85,840 | $23,401 | $62,439 |
| 2014 | $1,410 | $80,000 | $22,000 | $58,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $269,000 | 0.0% | $467 / Sq Ft |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | For Sale | $269,000 | -- | $467 / Sq Ft |
Source: Greater Palm Springs Multiple Listing Service
MLS Number: 219133348
APN: 643-060-080
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