
La Quinta, California 92253
This High-Potential Investment Opportunity is listed at $590,000, positioned above the $555,256 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a turnkey, fully furnished interior with dual ensuite lockout capabilities. This configuration maximizes short-term rental income potential near major festivals and the La Quinta Resort. With 12 saltwater pools, 11 spas, and mountain views, this asset is perfectly positioned for Buy-and-Hold Investors or seasonal vacation homeowners seeking immediate, high-yield rental performance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48672 Legacy Drive Subject | $590,000* List Price | 2 | 2 | 1,307 | $431 | - |
A 48616 Legacy Drive Sold | $542,500 | 2 | 2 | 1,307 | $415 | 0.1 mi |
B 48688 Legacy Drive Sold | $585,000 | 2 | 3 | 1,307 | $448 | 0.0 mi |
C 48673 Classic Drive Sold | $575,000 | 2 | 2 | 1,307 | $440 | 0.1 mi |
D 48717 Classic Drive Sold | $740,000 | 3 | 3 | 1,706 | $434 | 0.0 mi |
E 48788 Classic Drive Sold | $678,900 | 3 | 3 | 1,706 | $398 | 0.1 mi |
F 48637 Classic Drive Sold | $710,000 | 3 | 3 | 1,706 | $416 | 0.1 mi |
G 48561 Classic Drive Sold | $700,000 | 3 | 3 | 1,706 | $410 | 0.1 mi |
H 50016 Calle Rosarita Sold | $749,000 | 2 | 2 | 1,389 | $539 | 0.7 mi |
I 48612 Legacy 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 2005 (21 years old), the property is well-maintained and functional. Despite being slightly over the 20-year mark, the 'turnkey' status and 'spa-like' bathroom descriptions indicate a move-in ready condition that avoids the need for immediate repairs.
The dual ensuite bedrooms feature independent lockout capabilities, allowing the property to be rented as two separate units or one large villa, significantly maximizing short-term rental income potential.
Residents enjoy access to 12 saltwater pools, 11 spas, a fitness center, and a private walking path to the La Quinta Resort, providing a high-end lifestyle that appeals to both owners and seasonal guests.
Sold fully furnished with a rare private single-car garage and ground-floor access, this property is an immediate 'plug-and-play' opportunity for 1031 exchange buyers or vacation rental investors.
The monthly association fee of $965 is relatively high, which may impact the net return on investment and increase the overall monthly holding costs for the owner.
Built in 2005, the unit may require cosmetic modernizations to remain competitive against newer luxury developments in the Coachella Valley offering contemporary finishes.
Nestled within the prestigious, guard-gated enclave of Legacy Villas, this highly desirable ground-floor 2-bedroom, 2-bathroom villa offers the ultimate blend of luxury living and high-yield investment potential. Sold turnkey furnished, this property is fully optimized for short-term rentals, seasonal hosting, and a 1031 exchange. Dual ensuite bedrooms feature independent lockout capabilities. Rent them as two separate units or one large 2BR villa. This villa includes a rare, private single car garage and in-unit laundry. Luxury amenities includes a great room with gas fireplace, breakfast bar, well appointed kitchen, and spa-like baths featuring walk-in showers, one with a deep soaking tub. Outdoor living features each bedroom opening directly to its own private patio overlooking pristine, manicured grounds. Legacy Villas is set amidst 44 acres of pet-friendly grounds with 12 saltwater pools, an adult lap pool, zero entry family pool, 11 spas, clubhouse and fitness center with well-equipped gym, a hammock zone and fireside lounge. A path for walking or golf carts leads to the adjacent La Quinta Resort. Prime location just minutes from world-class attractions including Indian Wells Tennis, Coachella & Stagecoach music festivals, championship polo grounds, and local favorites like Trader Joe's.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,307 | 1,774.5 |
| Lot Size | - | 2,613 |
| Price | $590.0K | $694.2K |
| Price per sq ft | $451 | $381 |
| Built year | 2005 | 1986 |
| HOA | $965.0 | $780 |
| Days on market | 44 | 73 |
Jun 8, 2026
$590,000
Initial Listing
May 2, 2013
$240,000
Public Record
Mar 29, 2012
$174,000
Public Record