50050 Camino Privado, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 4 bath

50050 Camino Privado, La Quinta, California 92253 home-pic-0
ACTIVE$1,195,000
50050 Camino Privado, La Quinta, California 92253
3Beds
4Baths
2,894Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($1,033,695.375) is $161,304.625 (13%) lower than the list price ($1,195,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prestigious Community & Location: Nestled in the heart of the prestigious Palmilla community, offering a prime location in La Quinta.
Top Cons:
High Association Fees: The property carries a significant monthly association fee of $880.0, which is higher than some comparable properties and adds to the overall cost of ownership.

Compared to the nearby listings

Price:$1.20M vs avg $774.1K (+$420,897.5)68%
Size:2,894 sqft vs avg 2,329 sqft69%
Price/sqft:$413 vs avg $36663%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this property is 21 years old, placing it just outside the typical 'Good' age range. However, the listing description highlights 'stunning' condition, 'beautiful finishes throughout,' a 'gourmet kitchen with top-of-the-line appliances and custom cabinetry,' and a 'luxurious en-suite bathroom with a spa-like soaking tub, walk-in shower, and dual vanities.' The images corroborate a very well-maintained home with high-quality materials from its era. The kitchen features stainless steel appliances and custom wood cabinets, while bathrooms are clean with glass-enclosed showers and good fixtures. The overall aesthetic is cohesive, functional, and move-in ready with no immediate renovations required, aligning well with the 'Good' criteria for condition despite its age.
Year Built
2003
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$413
HOA
$880
Days on market
-
Sold On
-
MLS number
219129998PS
Home ConditionGood
Features
Excellent View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Nestled in the heart of the prestigious Palmilla community, 50050 Camino Privado is a stunning 2,894 sq ft property that perfectly blends comfort, sophistication, and unmatched style. With a prime location and breathtaking views of the surrounding mountains, this 3-bedroom, 3.5-bathroom home offers unparalleled luxury living.As you step inside, you're greeted by soaring ceilings, an open-concept floor plan, and beautiful finishes throughout. The spacious living area is ideal for both relaxation and entertaining, with large windows that flood the home with natural light, creating a warm and inviting atmosphere. The gourmet kitchen features top-of-the-line appliances, custom cabinetry, and a large island, perfect for preparing meals and enjoying casual family gatherings.The expansive master suite is a serene retreat, boasting a cozy sitting area, private patio access, and a luxurious en-suite bathroom with a spa-like soaking tub, a walk-in shower, and dual vanities. Each additional bedroom offers generous space and privacy, with the potential for versatile use, from guest rooms to home offices.Outside, the beautifully landscaped backyard is an entertainer's paradise. The large pool and spa offer the perfect setting to relax and unwind while taking in the stunning views. Whether hosting a summer barbecue or simply enjoying a quiet evening under the stars, this outdoor space is designed for every occasion.

Nearby schools

6/10
Harry S. Truman Elementary School
Public,K-51.0mi
5/10
La Quinta Middle School
Public,6-81.0mi
6/10
La Quinta High School
Public,9-122.1mi
Condition Rating
Good

Built in 2003, this property is 21 years old, placing it just outside the typical 'Good' age range. However, the listing description highlights 'stunning' condition, 'beautiful finishes throughout,' a 'gourmet kitchen with top-of-the-line appliances and custom cabinetry,' and a 'luxurious en-suite bathroom with a spa-like soaking tub, walk-in shower, and dual vanities.' The images corroborate a very well-maintained home with high-quality materials from its era. The kitchen features stainless steel appliances and custom wood cabinets, while bathrooms are clean with glass-enclosed showers and good fixtures. The overall aesthetic is cohesive, functional, and move-in ready with no immediate renovations required, aligning well with the 'Good' criteria for condition despite its age.
Pros & Cons

Pros

Prestigious Community & Location: Nestled in the heart of the prestigious Palmilla community, offering a prime location in La Quinta.
Breathtaking Mountain Views: The property boasts breathtaking views of the surrounding mountains, enhancing its aesthetic appeal and value.
Luxurious Outdoor Living: Features a beautifully landscaped backyard, large pool, and spa, creating an ideal entertainer's paradise for relaxation and gatherings.
High-End Interior Finishes & Open Concept: The interior showcases soaring ceilings, an open-concept floor plan, beautiful finishes, and a gourmet kitchen with top-of-the-line appliances and custom cabinetry.
Expansive Master Suite: The master suite is a serene retreat with a cozy sitting area, private patio access, and a luxurious en-suite bathroom featuring a spa-like soaking tub and walk-in shower.

Cons

High Association Fees: The property carries a significant monthly association fee of $880.0, which is higher than some comparable properties and adds to the overall cost of ownership.
Listed Above Estimated Value: The current listing price is approximately 13% above the property's estimated value, potentially making it less competitive in the market or requiring price adjustments.
Absence of Detached Casita: Unlike several comparable properties in the Palmilla community, the description does not indicate the presence of a detached casita, which is a desirable feature for guest accommodation or versatile use.

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