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50465 Verano Drive, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 4 bath

50465 Verano Drive, La Quinta, California 92253 home-pic-0
ACTIVE$1,699,999$3,011/sqft
Est. Value: $1,274,466
-25%
AboveEstimate
50465 Verano Drive, La Quinta, California 92253
3Beds
4Baths
3,011Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($1,274,465.9) is $425,533.1 (25%) lower than the list price ($1,699,999). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Views: The property offers spectacular golf course and majestic mountain views, including snow-capped mountains in winter and colorful sunsets, enhancing its desirability and resort-like ambiance.
Top Cons:
Significant Price Discrepancy: The current listing price is considerably higher than the property's estimated market value, which could impact buyer interest and marketability.

Compared to the nearby listings

Price:$1.70M vs avg $810.0K (+$889,999)79%
Size:3,011 sqft vs avg 2,375 sqft72%
Price/sqft:$565 vs avg $37883%

More Insights

Built in 2003 (23 years old).
Condition: Despite being built in 2003, the property has undergone an 'EXTRAORDINARY CUSTOM REMODEL' with designer touches throughout. The kitchen is a 'Chef's dream' featuring high-end Thermador and Sub Zero appliances, modern shaker-style cabinetry, quartz countertops, and a marble mosaic backsplash. Bathrooms are also extensively updated with glass showers and quality tiling. Hardwood flooring is prevalent, and all visible components appear new or virtually new, reflecting a very recent and comprehensive high-quality renovation that meets current luxury standards.
Year Built
2003
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$565
HOA
$545
Days on market
-
Sold On
-
MLS number
219125307DA
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s), Pool
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Pool

About this home

EXTRAORDINARY CUSTOM REMODEL !!!!! Designer touches throughout! Spectacular golf course and majestic mountain views! Winter season take in snow capped mountains & colorful sunsets. Expanded living area with rolling glass wall of stackable doors for your outdoor/indoor lifestyle to entertain or just kick back and relax in your own resort with the fantastic mountain views! The custom front door leads to the dramatic rotunda entry with chandelier. The kitchen is a Chef's dream with Thermador cook top & pot faucet, dual ovens & warming drawer, Sub Zero refrigerator and prep island. Loads of cupboard space customized to ceiling for extra space saving shelving & storage, conveniently situated to the formal dining room with wine cellar. Three spacious bedrooms includes a separate attached casita and the main house primary and guest ensuite are like having dual primary suites. Enjoy the total indoor/outdoor lifestyle to entertain by the built-in BBQ & Bar areas dining space & cozy fire-pit overlooking the relaxing pool & spa while being surrounded in nature's own paradise on the golf course and mountains with breathtaking sunsets!

A
Anne Claydon
Listing Agent

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.8mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.3mi
3/10
Coachella Valley High School
Public,•9-12•4.4mi
Condition Rating
Excellent
Despite being built in 2003, the property has undergone an 'EXTRAORDINARY CUSTOM REMODEL' with designer touches throughout. The kitchen is a 'Chef's dream' featuring high-end Thermador and Sub Zero appliances, modern shaker-style cabinetry, quartz countertops, and a marble mosaic backsplash. Bathrooms are also extensively updated with glass showers and quality tiling. Hardwood flooring is prevalent, and all visible components appear new or virtually new, reflecting a very recent and comprehensive high-quality renovation that meets current luxury standards.
Pros & Cons

Pros

Exceptional Views: The property offers spectacular golf course and majestic mountain views, including snow-capped mountains in winter and colorful sunsets, enhancing its desirability and resort-like ambiance.
Luxurious Custom Remodel: Described as an 'EXTRAORDINARY CUSTOM REMODEL' with designer touches throughout, indicating high-end finishes and a sophisticated aesthetic.
Gourmet Chef's Kitchen: Features a chef's dream kitchen equipped with premium Thermador and Sub Zero appliances, dual ovens, warming drawer, prep island, and a wine cellar, appealing to culinary enthusiasts.
Seamless Indoor/Outdoor Living: An expanded living area with a rolling glass wall of stackable doors, built-in BBQ, bar areas, dining space, fire-pit, pool, and spa creates an ideal environment for entertaining and enjoying the climate.
Versatile Bedroom Configuration: Comprises three spacious bedrooms, including a separate attached casita and main house primary and guest ensuites, offering privacy and flexibility for residents and guests.

Cons

Significant Price Discrepancy: The current listing price is considerably higher than the property's estimated market value, which could impact buyer interest and marketability.
High Monthly Association Fees: A monthly association fee of $545.00 adds a notable recurring expense to the cost of homeownership.
Unspecified Remodel Date: While extensively remodeled, the absence of a specific date for the 'custom remodel' might raise questions about the age and remaining lifespan of updated systems and finishes.
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