48125 Via Hermosa, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 3 bath

48125 Via Hermosa, La Quinta, California 92253 home-pic-0
ACTIVE$519,000
48125 Via Hermosa, La Quinta, California 92253
3Beds
3Baths
1,950Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($519,000) is $0 (0%) lower than the list price ($519,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Community Amenities: Located within the desirable Laguna De La Paz, offering a wealth of amenities including 15 community pools and spas, lighted courts, a 7-acre fishing lake with paddle boats, a fitness center, and a clubhouse.
Top Cons:
High Association Fees: The property carries a substantial monthly association fee of $730.0, which is a significant ongoing cost for ownership.

Compared to the nearby listings

Price:$519.0K vs avg $771.1K ($-252,102.5)18%
Size:1,950 sqft vs avg 2,321.5 sqft36%
Price/sqft:$266 vs avg $3667%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, has received significant functional updates including a recent AC/Furnace and Water Heater, along with cosmetic improvements like brand new carpet and fresh paint. However, the kitchen features dated appliances, cabinets, countertops, and lighting (fluorescent box light), indicating a need for substantial modernization. Similarly, the bathrooms, while functional, show outdated styles with older vanities, fixtures (e.g., gold-framed shower), and lighting. These key areas prevent the property from being classified as 'Good' as they would likely require more than minor updates for most buyers seeking contemporary aesthetics.
Year Built
1989
Close
-
List price
$519K
Original List price
$549K
Price/Sqft
$266
HOA
$730
Days on market
-
Sold On
-
MLS number
219130186DA
Home ConditionFair
Features
Patio
View-

About this home

REDUCED REDUCED REDUCED Incredible opportunity in this three bedroom three bath single family home just under 2000 square feet. Located in a quiet gated community cul-de-sac location with one of 15 community pools and spas just steps away. Brand new designer carpet and fresh paint, recent AC/Furnace and Water Heater. The massive main suite has a walk in closet bigger than most bedrooms, plus a linen closet, a shower for two, dual vanity, and a soaking tub. Each of the other bedrooms with its own bath and mirrored closets. Welcoming fireplace in the living room ready for your flat screen and a nice bar as well. Four sliders to the private patio with a Lemon tree for delicious summer drinks and deserts. Great community, lighted courts, even a 7 acre fishing lake and a paddle boat available.

Condition Rating
Fair

The property, built in 1989, has received significant functional updates including a recent AC/Furnace and Water Heater, along with cosmetic improvements like brand new carpet and fresh paint. However, the kitchen features dated appliances, cabinets, countertops, and lighting (fluorescent box light), indicating a need for substantial modernization. Similarly, the bathrooms, while functional, show outdated styles with older vanities, fixtures (e.g., gold-framed shower), and lighting. These key areas prevent the property from being classified as 'Good' as they would likely require more than minor updates for most buyers seeking contemporary aesthetics.
Pros & Cons

Pros

Extensive Community Amenities: Located within the desirable Laguna De La Paz, offering a wealth of amenities including 15 community pools and spas, lighted courts, a 7-acre fishing lake with paddle boats, a fitness center, and a clubhouse.
Recent Major System Upgrades: Equipped with a brand new AC/Furnace and Water Heater, significantly reducing immediate maintenance and replacement costs for the buyer.
Luxurious Master Suite: The massive main suite boasts an exceptionally large walk-in closet, a linen closet, a shower for two, dual vanity, and a soaking tub, providing a spa-like retreat.
Private En-suite Bathrooms: Each of the three bedrooms features its own dedicated bathroom, offering enhanced privacy and convenience for residents and guests.
Prime Community Location: Situated in a quiet, gated cul-de-sac location with one of the community pools and spas just steps away, offering both tranquility and immediate access to leisure facilities.

Cons

High Association Fees: The property carries a substantial monthly association fee of $730.0, which is a significant ongoing cost for ownership.
Older Property Age & Potential for Further Updates: Built in 1989, the property is 35 years old. While some systems are new, other components may be original or nearing end-of-life, potentially requiring further investment for comprehensive modernization compared to more extensively renovated comparables.
Price Reduction History: The listing has undergone multiple price reductions from an original list price of $549,000 to $519,000, which may indicate market resistance or perceived overvaluation.

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