48673 Classic Drive, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
ACTIVE$589,000$1,307/sqft
48673 Classic Drive, La Quinta, California 92253
2Beds
2Baths
1,307Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Short-Term Rental Eligibility: The property explicitly allows short-term rentals, presenting significant revenue-generating opportunities for investors or part-time residents.
Top Cons:
High Monthly Association Fees: The $830.0 monthly association fee is substantial and represents a significant ongoing cost, which could impact affordability and investment returns.
Compared to the nearby listings
Price:$589.0K vs avg $699.0K ($-110,000)41%
Size:1,307 sqft vs avg 1,837 sqft18%
Price/sqft:$451 vs avg $37280%
More Insights
Built in 2005 (21 years old).
Condition: Built in 2005, this property falls within the 'Good' category's age range (10-20 years). The kitchen has been significantly updated with modern white shaker cabinets, white countertops, stainless steel appliances (including a gas range and modern hood), and a stylish dark green subway tile backsplash, indicating a recent renovation. The living areas feature clean gray carpet, recessed lighting, and a contemporary fireplace, all in excellent condition. While the bathrooms are clean and functional with wood-look laminate flooring, their granite countertops and beige tiled tub surrounds/showers appear slightly more traditional or from an earlier renovation compared to the very modern kitchen. Overall, the property is move-in ready with a cohesive 'midcentury desert style' aesthetic, minimal wear and tear, and no immediate renovation needs, aligning well with a 'Good' condition score.
Year Built
2005
Close
-
List price
$589K
Original List price
$589K
Price/Sqft
$451
HOA
$830
Days on market
-
Sold On
-
MLS number
219140741DA
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)
About this home
Do not miss out on this fantastic property, Fantastic Price!!! From the first time you enter into this property you are immediately immersed into this midcentury desert style oasis. This beautiful 2-bedroom, 2-bath villa has that WOW factor. Fully furnished with mid-century modern furniture and artwork. You have the option of enjoying this villa privately or benefit from the immense revenue generating opportunities that this property provides. This property allows SHORT TERM RENTALS. Legacy Villas is a private gated community with 24/7 security guard, 12 pools, 11 spas, outdoor BBQ grills, hammocks, cabanas, fitness center and a restaurant located on the beautifully manicured 44 acres. It is the perfect setting for entertaining family and friends, relaxing in the sun, dining under the stars, or cozying up by the indoor or outdoor fireplaces. Minutes away from shopping, dining, and entertainment. Year around sunshine! Steps away from the World Renown La Quinta Resort.
A
Anita Mc Gregor
Listing Agent
Nearby schools
5/10
John Adams Elementary School
Public,•K-5•1.1mi
8/10
Gerald R. Ford Elementary School
Public,•K-5•2.2mi
5/10
La Quinta Middle School
Public,•6-8•1.3mi
6/10
La Quinta High School
Public,•9-12•2.1mi
7/10
Palm Desert High School
Public,•9-12•3.9mi
Price History
Date
Event
Price
03/08/21
Sold
$375,000
06/19/09
Sold
$170,000
Condition Rating
Good
Built in 2005, this property falls within the 'Good' category's age range (10-20 years). The kitchen has been significantly updated with modern white shaker cabinets, white countertops, stainless steel appliances (including a gas range and modern hood), and a stylish dark green subway tile backsplash, indicating a recent renovation. The living areas feature clean gray carpet, recessed lighting, and a contemporary fireplace, all in excellent condition. While the bathrooms are clean and functional with wood-look laminate flooring, their granite countertops and beige tiled tub surrounds/showers appear slightly more traditional or from an earlier renovation compared to the very modern kitchen. Overall, the property is move-in ready with a cohesive 'midcentury desert style' aesthetic, minimal wear and tear, and no immediate renovation needs, aligning well with a 'Good' condition score.
Pros & Cons
Pros
Short-Term Rental Eligibility: The property explicitly allows short-term rentals, presenting significant revenue-generating opportunities for investors or part-time residents.
Extensive Resort-Style Amenities: Located within a private, gated community offering 24/7 security, 12 pools, 11 spas, a fitness center, restaurant, and various outdoor leisure facilities, providing a luxurious resort-like living experience.
Turnkey & Stylish Interior: Fully furnished with mid-century modern furniture and artwork, offering a 'WOW factor' and immediate move-in or rental readiness without additional setup costs.
Prime La Quinta Location: Strategically situated minutes from shopping, dining, entertainment, and steps away from the renowned La Quinta Resort, enhancing convenience and desirability.
Aesthetic Appeal & Mountain Views: Features a 'midcentury desert style oasis' aesthetic and boasts desirable mountain views, contributing to a pleasant and attractive living environment.
Cons
High Monthly Association Fees: The $830.0 monthly association fee is substantial and represents a significant ongoing cost, which could impact affordability and investment returns.
Condominium Restrictions: As a condominium, the property is subject to community rules and regulations, potentially limiting owner flexibility and privacy compared to a single-family home.
Moderate Square Footage: With 1307 sqft for a 2-bedroom, 2-bath unit, the living space might be considered modest for some buyers seeking larger primary residences or more expansive layouts.