54275 Riviera, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 4 bath
54275 Riviera
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 54275 Riviera, La Quinta, California 92253 reveals a Fairly Priced Property with a current list price of $775,000 aligned with the estimated $775,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 54275 Riviera Subject | $775,000* List Price | 3 | 4 | 2,526 | $307 | - |
A 55336 Tanglewood Sold | $800,000 | 2 | 2 | 2,026 | $395 | 0.7 mi |
B 55156 Tanglewood Active | $740,000 List Price | 2 | 2 | 2,026 | $365 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 2002 build date. It features several high-quality upgrades including new bedroom carpeting, plantation shutters, and a Pebble Tech pool and spa. While the 18-inch ceramic tile and kitchen cabinetry reflect the original construction style, the home shows minimal wear and tear, and major exterior components like the roof and paint are professionally maintained by the HOA, meeting the criteria for a 'Good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac, this home offers exceptional privacy and safety from golf course traffic, noise, and stray golf balls while remaining close to amenities.
- Versatile Guest Casita
The attached casita provides a flexible living arrangement, perfect for a private home office, guest suite, or multi-generational living needs.
- Comprehensive HOA Benefits
The HOA covers major maintenance items including the roof and exterior paint, along with cable, internet, and 24-hour security, ensuring a low-maintenance lifestyle.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3049, living area = 2526.
- High Monthly Carrying Costs
The $800 monthly HOA fee is a significant recurring expense that may deter buyers sensitive to high fixed monthly costs.
- Dated Interior Elements
With a 2002 build date and 18-inch ceramic tile, the interior aesthetic may feel dated to buyers looking for contemporary modern finishes.
About 54275 Riviera
A Home with a Pool & Spa for less than a Condo !Perfect for a 1031 exchange.Located within the Palmer Private Gate This 3 BR, 3 Bath home offers an Attached Casita, Large Kitchen with Pantry, Oversized Primary Bedroom, Large Closets, Amazing Mountain Views, Wet Bar, Pebble Tech Pool & Spa, and Upgraded Desert Landscaping. The location is very private .You are close by, but not on the Golf Course. There are no Cart Paths, Golfers, or Golf Balls.This Spyglass Model is Tastefully done in a neutral color palette and with extras like Ceiling Fans, Plantation Shutters, 18 inch Ceramic Tile, New Carpet in the Bedrooms, Built in Media Cabinet and a Two Car plus Golf Cart Garage with Storage, it may just be the place in the desert you will want to call home.The HOA covers Exterior Paint, Roof, Cable, Wifi, Front Lawn Maintenance , Trash, 24 hr Security and controlled access at the gate.PGA West is looking to develop open space backing up to this property.There is not enough information at this time to know whether this will happen. The current proposal backs this home up to open space.All information provided is deemed reliable but not guaranteed. Buyer & Buyer's agent to independently verify all aspects of the property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 54% |
| Square foot | 2,526 | 2,502 | 52% |
| Lot Size | 3,049 | 9,147.5 | 3% |
| Price | $775.0K | $920.5K | 42% |
| Price per sq ft | $307 | $390 | 17% |
| Built year | 2002 | 2002 | 50% |
| HOA | $800.0 | $533 | 80% |
| Days on market | 94 | 161 | 16% |
Pricing History
Listed for Sale
Mar 1, 2026
$775,000
$875,000
-11% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$875,000
$975,000
-10% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$975,000
Initial Listing
Sold
Dec 13, 2002
$340,000
Public Record