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La Quinta 92253
78491 Magenta Drive
$360,000
↓ $15K (4%)
Condo - For Sale

78491 Magenta Drive

La Quinta, CA 92253
bedrooms
2 Beds
bathrooms
2 Baths
square feet
912 Sqft
$2,248
Estimated Monthly
$480
HOA / Fees
7.57%
Cap Rate

About This Property

Nestled in the serene enclave of Palm Royale, where tranquility meets luxury, this hidden gem of a condo awaits its next discerning owner. Just a stone's throw away from the prestigious Indian Wells Tennis Garden, this residence offers more than just a home; it promises a lifestyle.
Step into this two-bedroom, two-bathroom haven, where modern elegance effortlessly intertwines with cozy comfort. Newly installed, the $10k HVAC system ensures year-round comfort, while the captivating north-facing views unveil the breathtaking silhouette of the Chocolate Mountains, a daily reminder of the natural wonders surrounding this desert oasis.
Beyond its impeccable interior, this property stands as a beacon of investment potential. With the flexibility for rentals of 30 days or more, it opens doors to income streams, making it not just a home, but a smart financial move. And for those seeking both recreation and relaxation, exclusive access to tennis courts, pickleball, refreshing community pools, and a par three golf course await, all within the community's bounds.
The seller's generosity extends even further, with the possibility of participating in a seller credit for the buyer's permanent or temporary interest rate buy-down, ensuring a seamless transition into this coveted lifestyle.
Don't miss out on the opportunity to experience the perfect blend of leisure and luxury in the heart of La Quinta. Come home to Palm Royale, where every day feels like a vacation.

The manager has listed the unit size as 912 square feet.
Unit Size
912Ft²
Days on Market
51 days
Land Size
-
Price per sqft
$395
Property Type
Condo
Property Taxes
-
HOA Dues
$480
Year Built
2000
Last updated: 5 days ago (CDARCA #219110533)

Price History

Date / Event Date Event Price
May 15, 2024 Price Decreased $360,000
↓ $15K (4%)
Price Decreased
Apr 24, 2024 Listed by The Agency $375,000
Listed by The Agency
Dec 15, 2016 Sold to Michelle Tehrani, Rambod Te... $206,500
Sold to Michelle Tehrani, Rambod Te...
Jun 3, 2010 Sold to Allan G Smith, Grace H Smith $203,000
Sold to Allan G Smith, Grace H Smith

Property Highlights

Air Conditioning

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
912 ft²
$433/ft²
$395,000 Feb 20, 2024
-
$480/mo
Condo
2 Beds
2 Baths
912 ft²
$416/ft²
$379,000 May 7, 2024
-
$480/mo
Condo
2 Beds
2 Baths
912 ft²
$365/ft²
$333,000 Nov 20, 2023
-
$480/mo
Condo
2 Beds
2 Baths
926 ft²
$389/ft²
$360,000 Feb 12, 2024
-
$575/mo
Condo
2 Beds
2 Baths
926 ft²
$427/ft²
$395,000 Feb 16, 2024
-
$480/mo
Condo
2 Beds
2 Baths
926 ft²
$409/ft²
$379,000 May 20, 2024
-
$480/mo
Condo
2 Beds
3 Baths
1,200 ft²
$321/ft²
$384,900 Apr 16, 2024
-
$420/mo
Condo
2 Beds
2 Baths
1,291 ft²
$267/ft²
$344,900 May 18, 2024
-
$700/mo
Condo
2 Beds
2 Baths
1,291 ft²
$294/ft²
$380,000 Apr 17, 2024
-
$701/mo
Condo
2 Beds
2 Baths
1,291 ft²
$321/ft²
$415,000 Jan 24, 2024
-
$701/mo
Condo
1 Bed
1 Bath
763 ft²
$426/ft²
$325,000 Mar 10, 2024
-
$480/mo
Condo
1 Bed
1 Bath
763 ft²
$380/ft²
$290,000 Apr 23, 2024
-
$480/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240104
01/04/2024
2 Bed
2 Bath
912 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
912 ft²
-
-
-
Charles Borromeo
The Agency
20181119
11/19/2018
2 Bed
2 Bath
912 ft²
$249,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
912 ft²
-
-
-
-

Building Info

78491 Magenta Drive 78491 Magenta Drive, La Quinta, CA 92253
  • 1 Unit for Sale
More about this Building
78491 Magenta Drive
Want to find out who owns 78491 Magenta Drive, La Quinta, CA 92253? Get detailed property transactions here .

About La Quinta


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