51165 Evangeline Way, La Quinta, California 92253, La Quinta, 92253 - 6 bed, 7 bath
51165 Evangeline Way
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 51165 Evangeline Way, La Quinta, California 92253 reveals a Prime Investment Opportunity with a current list price of $3,599,900—significantly undercutting the $3,763,411 Fair Market Value by 4%. This valuation gap indicates a +$163,511 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51165 Evangeline Way Subject | $3,599,900* List Price | 6 | 7 | 3,638 | $1,034 | - |
A 80895 Kiwi Court Active | $4,184,900 List Price | 6 | 7 | 4,188 | $999 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 51165 Evangeline Way
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2015
- Lot Size
- 29,621 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $569.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 3,638 | 2,502 | 82% |
| Lot Size | 29,621 | 9,148 | 98% |
| Price | $3.60M | $923.0K | 93% |
| Price per sq ft | $990 | $390 | 96% |
| Built year | 2015 | 2002 | 85% |
| HOA | $569.0 | $533 | 58% |
| Days on market | 60 | 161 | 7% |
Pricing History
Listed for Sale
Jan 6, 2026
$3,599,900
Initial Listing
Sold
Jun 27, 2023
$23,822,000
Public Record
Sold
Apr 29, 2022
$1,771,500
Public Record