
La Quinta, California 92253
This Lakefront Value-Add Estate is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,407,924 Fair Market Value by 8%. This valuation gap provides $112,924 in Instant Equity for the incoming buyer. While the property holds a Fair Condition Rating and requires cosmetic modernization, it features a private boat dock, saltwater pool, and panoramic lake views within a premier 24-hour guard-gated community. It is an ideal acquisition for Owner-Occupants looking to build wealth through customization or Lifestyle Investors seeking a high-equity desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47760 Via Montana Subject | $1,295,000* List Price | 4 | 4 | 3,074 | $458 | - |
A 78975 Dulce Del Mar Sold | $1,400,000 | 3 | 3 | 2,810 | $498 | 0.3 mi |
B 48145 Paso Tiempo Lane Sold | $1,450,000 | 3 | 4 | 2,940 | $493 | 0.2 mi |
C 78835 Descanso Lane Sold | $1,640,000 | 4 | 5 | 3,265 | $502 | 0.2 mi |
D 47545 Via Florence Sold | $1,590,000 | 3 | 3 | 2,947 | $540 | 0.3 mi |
E 47295 Via Koron Sold | $1,392,000 | 3 | 4 | 2,924 | $476 | 0.2 mi |
F 78700 Cabrillo Way Sold | $1,671,500 | 3 | 4 | 3,135 | $533 | 0.6 mi |
G 47540 Via Montessa Active | $1,499,000 List Price | 4 | 4 | 3,145 | $477 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old home is in original condition with dated honey-oak cabinetry and black appliances. The listing explicitly mentions the need for 'TLC,' which aligns with the 'Fair' criteria for properties over 20 years old that are functional but require cosmetic updates and minor repairs.
This property features a rare private boat dock on a 25-acre lake, offering a tranquil resort-style lifestyle with direct water access and stunning mountain and lake views.
The backyard is an entertainer's dream, boasting a saltwater Pebble Tech pool and spa with a cascading rock waterfall, complemented by a spacious covered patio for year-round enjoyment.
Located in a 24-hour guard-gated community, residents benefit from extensive amenities including tennis, pickleball, a heated pool, and inclusive cable and internet services.
As an original-owner home built in 2000, the interior requires some 'TLC' and modernization to align with contemporary luxury standards and finishes.
The $599 monthly association fee represents a substantial recurring carrying cost, which may impact the overall affordability for some prospective buyers.
Discover the Much sought after Community of Lake La Quinta surrounded by Water, Mountains & Palm Trees for your Tranquil Resort-Like Lifestyle! This Lake Front Home has it's own Private Boat Dock, Salt water Pebble Tech Swimming Pool & Spa with a Cascading Rock Waterfall Feature! Covered Patio Area for Entertaining and Enjoying this serene setting in Your Backyard! Boasting: 4 Bedrooms, plus Office, 3.5 Baths and 3 Car Garage. Foyer leads to an Open Livingroom with Chandelier and Cozy Fireplace. Formal Dining Room for intimate gatherings. Gourmet Kitchen offers: Granite Counters Tops w/Decorative Backsplash, Center Island, Walk-in Pantry and Black Kitchen-Aide Appliances. Primary Suite includes Dual basins, Marble Counters, Marble Shower, Two closets and Luxury Lasco Soaking Bathtub. Indoor Laundry Area and 6 Ceiling Fans throughout! Original Owner so home needs a little TLC. This 24 Hour Guard Gated Community amenities include: A 25 Acre Lake for Boating & Kayaking, A Park Pavilion that hosts many of the Events, a year round Heated Pool for water aerobics, Tennis Court, Pickleball, Bocce Ball, Doggie Area Parks, Cable & Internet. Lake La Quinta is centrally located near shopping, Trader Joes, Movie Theatre, Old Town and Much More...Priced Right! (Offered Partially Furnished). Call Today for your Private Tour!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 4.0 | 3.0 | 52% |
| Square foot | 3,074 | 2,597 | 69% |
| Lot Size | 11,761 | 9,148 | 72% |
| Price | $1.29M | $975.0K | 63% |
| Price per sq ft | $421 | $400 | 55% |
| Built year | 2000 | 2002 | 44% |
| HOA | $599.0 | $545 | 67% |
| Days on market | 4 | 168 | 0% |
Apr 18, 2026
$1,295,000
Initial Listing
Aug 22, 2001
$607,500
Public Record
Jan 5, 2001
$530,000
Public Record