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51165 Evangeline Way, La Quinta, California 92253, La Quinta, 92253 - 6 bed, 7 bath

51165 Evangeline Way, La Quinta, California 92253 home-pic-0
ACTIVE$3,599,900$3,638/sqft
Est. Value: $3,599,831
%
FairlyEstimate
51165 Evangeline Way, La Quinta, California 92253
6Beds
7Baths
3,638Sqft
29,621Lot

Price Vs. Estimate

The estimated value ($3,599,831.37) is $68.63 (0%) lower than the list price ($3,599,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29621, living area = 3638.
Top Cons:
High Association Fees: The property incurs a monthly association fee of $569, which adds to the overall cost of ownership.

Compared to the nearby listings

Price:$3.60M vs avg $810.0K (+$2,789,900)94%
Size:3,638 sqft vs avg 2,375 sqft85%
Price/sqft:$990 vs avg $37896%

More Insights

Built in 2015 (11 years old).
Condition: Built in 2015, this property is only 9 years old, falling well within the 'Excellent' criteria for age. The images showcase a stunning contemporary estate with an open-concept layout, soaring ceilings, and elevated finishes throughout. The kitchen features modern flat-panel cabinetry, stainless steel appliances, and a large island, all appearing virtually new. Bathrooms boast modern floating vanities, contemporary fixtures, and glass-enclosed showers, consistent with recent high-quality construction. Flooring, lighting, and all visible components are in pristine condition, reflecting current quality standards with no signs of deferred maintenance. The property also includes modern amenities like a solar energy system and EV charger, further supporting its excellent condition.
Year Built
2015
Close
-
List price
$3.6M
Original List price
$3.6M
Price/Sqft
$990
HOA
$569
Days on market
-
Sold On
-
MLS number
219140814DA
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View-

About this home

Located in the highly sought-after Polo Villas community of La Quinta, this stunning contemporary estate presents a rare opportunity to own a luxury property just minutes from the world-famous Coachella and Stagecoach festival grounds. Designed with both lifestyle and investment in mind, this 6-bedroom, 6.5-bath residence spans approximately 3,638 square feet and delivers an exceptional blend of modern design, comfort, and income potential. Clean architectural lines, soaring ceilings, and an open-concept layout define the interior, creating an inviting atmosphere ideal for entertaining large groups or hosting extended stays. The expansive living area features elevated finishes, a cozy fireplace, and seamless indoor-outdoor flow, making it perfectly suited for gatherings during festival season or relaxed desert living year-round. Situated on an oversized lot, the outdoor space is a true highlight. Enjoy a resort-style pool and spa, pickleball court, outdoor kitchen, and a welcoming firepit--an ideal setting for entertaining guests before or after events at the nearby Empire Polo Club. The generous yard offers privacy and space rarely found so close to the Coachella event grounds. The home offers two spacious primary suites, each with en-suite bathrooms and large walk-in closets, providing privacy and comfort for owners and guests alike. Four additional bedrooms ensuite, make this property exceptionally well-suited for group stays, short-term rentals, or multi-generational living. Additional features include a private gated community, solar energy system, Level 2 EV charger, and approval for short-term vacation rentals in the City of La Quinta--an invaluable advantage for buyers seeking a high-performing investment property near major annual events. Whether you're searching for a luxury desert retreat, a festival-adjacent vacation rental, or a strategic addition to your real estate portfolio, this exceptional Polo Villas estate offers location, lifestyle, and income potential in one remarkable package.

C
Con Kolytiris
Listing Agent

Price History

Date
Event
Price
06/27/23
Sold
$23,822,000
04/29/22
Sold
$1,771,500
Condition Rating
Excellent
Built in 2015, this property is only 9 years old, falling well within the 'Excellent' criteria for age. The images showcase a stunning contemporary estate with an open-concept layout, soaring ceilings, and elevated finishes throughout. The kitchen features modern flat-panel cabinetry, stainless steel appliances, and a large island, all appearing virtually new. Bathrooms boast modern floating vanities, contemporary fixtures, and glass-enclosed showers, consistent with recent high-quality construction. Flooring, lighting, and all visible components are in pristine condition, reflecting current quality standards with no signs of deferred maintenance. The property also includes modern amenities like a solar energy system and EV charger, further supporting its excellent condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29621, living area = 3638.
Exceptional Income Potential: Approved for short-term vacation rentals in La Quinta, this property is strategically located minutes from Coachella and Stagecoach festival grounds, offering significant income potential.
Resort-Style Outdoor Amenities: The oversized lot features a resort-style pool and spa, pickleball court, outdoor kitchen, and firepit, providing extensive entertainment options and privacy.
Modern Luxury Design & Features: Built in 2015, the contemporary estate boasts clean architectural lines, soaring ceilings, an open-concept layout, elevated finishes, and six en-suite bedrooms, including two primary suites.
Prime Gated Community Location: Situated in the highly sought-after, private gated Polo Villas community, offering exclusivity and proximity to major events and desert attractions.
Energy Efficiency & Modern Conveniences: Equipped with a solar energy system and a Level 2 EV charger, enhancing sustainability and catering to modern buyer preferences.

Cons

High Association Fees: The property incurs a monthly association fee of $569, which adds to the overall cost of ownership.
Significant Maintenance Requirements: The extensive outdoor amenities, including a pool, spa, and pickleball court, along with a large lot, will likely require substantial ongoing maintenance and upkeep costs.
Seasonal Income Volatility: While offering high income potential during peak festival seasons, rental income may experience significant fluctuations during off-peak periods, impacting year-round consistency.
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