48616 Legacy Drive, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
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La Quinta, California 92253
This Rare Short-Term Rental Villa is listed at $565,000, reflecting a stable valuation relative to its $531,306 Fair Market Value. Maintaining a Condition Rating of 3, the interior is move-in ready with a unique lock-off floor plan that maximizes rental flexibility and income potential. The inclusion of a rare private 1-car garage and mountain views provides a significant competitive edge within the guard-gated Legacy Villas resort. Proximity to the 8/10 rated Gerald R. Ford Elementary ensures long-term asset desirability. This furnished residence is ideal for Short-Term Rental Investors or Vacation Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48616 Legacy Drive Subject | $565,000* List Price | 2 | 2 | 1,307 | $407 | - |
A 48688 Legacy Drive Sold | $585,000 | 2 | 3 | 1,307 | $448 | 0.0 mi |
B 77738 Heritage Drive Sold | $700,000 | 3 | 3 | 1,706 | $410 | 0.1 mi |
C 48597 Classic Drive Sold | $715,000 | 3 | 3 | 1,706 | $419 | 0.1 mi |
D 48538 Via Encanto Sold | $580,000 | 2 | 2 | 1,562 | $371 | 0.6 mi |
E 48915 Washington Street Sold | $523,000 | 3 | 2 | 1,600 | $327 | 0.8 mi |
F 48673 Classic Drive Active Under Contract | $589,000 List Price | 2 | 2 | 1,307 | $451 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' condition rating. The villa is move-in ready and appears well-maintained, featuring a kitchen with granite countertops and stainless steel appliances that remain functional and stylish. The bathrooms are spacious with dual vanities and soaking tubs, reflecting the original luxury standards of the community. While the finishes are from the original construction period and not a recent full renovation, the overall quality, clean flooring, and lack of visible deferred maintenance justify this score.
Approved for nightly and weekly rentals with a unique lock-off floor plan, this property offers maximum flexibility to operate as a full 2-bedroom villa or two separate 1-bedroom units for optimized rental income.
Unlike most units in the community, this villa includes a private 1-car garage, providing secure parking and valuable extra storage space that is highly desirable for both owners and guests.
The top-floor location eliminates overhead noise and provides superior privacy and views, enhancing the resort-style living experience within the guard-gated Legacy Villas.
The monthly association fee of $830 represents a significant recurring expense that potential investors must factor into their cash flow and ROI projections.
The property has undergone multiple price reductions since its initial listing, which may indicate a need for more aggressive pricing to compete with other luxury inventory in the La Quinta area.
Welcome to the best value in the guard-gated community of Legacy Villas in La Quinta! This upper-level 2-bedroom, 2-bath villa is one of the rare properties in La Quinta approved for short-term nightly and weekly rentals--a perfect setup for investors, vacationers, or both. The smart lock-off floor plan features two spacious primary suites, allowing you to use it as a full 2-bedroom villa or split it into two separate 1-bedroom rentals, offering ultimate flexibility and increased income potential. Even more rare: this unit includes a private 1-car garage, a feature not commonly found in the community. Offered furnished, it's ready for your immediate enjoyment or your next guest. This home has a proven rental history with repeat guests, and being located upstairs means no neighbors above you--just peace, privacy, and views. Legacy Villas offers an unmatched resort lifestyle with 12 saltwater pools, 11 spas, 2 lap pools, a fitness center, clubhouse, meeting rooms, a date palm hammock garden, and the onsite Legacy Grille. This is just minutes from the La Quinta Resort & Spa and Old Town La Quinta. Contact us today to schedule your private tour!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,307 | 1,918 | 15% |
| Lot Size | 2,340 | 2,614 | 46% |
| Price | $565.0K | $715.0K | 26% |
| Price per sq ft | $432 | $380 | 73% |
| Built year | 2006 | 1989 | 90% |
| HOA | $830.0 | $774 | 63% |
| Days on market | 233 | 160 | 88% |
Apr 6, 2026
$565,000
$575,000
-2% Price Drop
Initial Listing
Feb 26, 2026
$575,000
$599,000
-4% Price Drop
Initial Listing
Oct 19, 2025
$599,000
$625,000
-4% Price Drop
Initial Listing
Sep 2, 2025
$625,000
Initial Listing