48673 Classic Drive, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
48673 Classic Drive
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 48673 Classic Drive, La Quinta, California 92253 is currently available with a list price of $589,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the La Quinta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been significantly updated despite its 2005 build date. The kitchen features a high-quality recent renovation with a modern teal tile backsplash, white cabinetry, quartz countertops, and stainless steel appliances. The living area includes an updated fireplace surround and contemporary flooring. While the bathrooms appear well-maintained, they retain some original 2005-era tile work, which prevents an 'excellent' rating, but the overall aesthetic is highly stylized and turnkey.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Income Potential
The property is located in a community that permits short-term rentals, offering a significant opportunity for high-yield investment revenue in a premier vacation destination.
- Resort-Style Amenities
Legacy Villas provides an elite lifestyle with 12 pools, 11 spas, a fitness center, and an on-site restaurant, all within a 24/7 guard-gated 44-acre estate.
- Turnkey Furnished Condition
Sold fully furnished with mid-century modern furniture and artwork, this villa is move-in ready and ideal for immediate use as a vacation home or rental.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $830 per month is substantial, which may deter some buyers and impacts the overall net operating income for investors.
- Aging Construction
Built in 2005, the property may soon require updates to major mechanical systems or appliances to maintain its competitive edge against newer developments.
- Condominium Density
As a condominium unit within a large complex, the property offers less privacy and more shared walls compared to detached single-family homes in the area.
About 48673 Classic Drive
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $830.0 / Month
Neighborhood Insights
La Quinta Unified Schools
John Adams Elementary School
Grades K-5 • 1.1 mi
Gerald R. Ford Elementary School
Grades K-5 • 2.2 mi
La Quinta Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,307 | 1,920 | 15% |
| Lot Size | - | 2,557.5 | 13% |
| Price | $589.0K | $707.8K | 33% |
| Price per sq ft | $451 | $379 | 81% |
| Built year | 2005 | 1989 | 83% |
| HOA | $830.0 | $774 | 59% |
| Days on market | 62 | 138 | 14% |
Pricing History
Listed for Sale
Jan 5, 2026
$589,000
Initial Listing
Sold
Mar 8, 2021
$375,000
Public Record
Sold
Jun 19, 2009
$170,000
Public Record