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54510 Avenida Alvarado, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 2 bath

54510 Avenida Alvarado, La Quinta, California 92253 home-pic-0
ACTIVE$750,000
54510 Avenida Alvarado, La Quinta, California 92253
3Beds
2Baths
1,763Sqft
5,227Lot
Year Built
1994
Close
-
List price
$750K
Original List price
$770K
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
219130459DA
Home ConditionFair
Features
Good View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,5 Pros. Rank: price - $750.0K(49th), sqft - 1763(28th), beds - 3(50th), baths - 2(35th).

Stunning Santa Fe Retreat in Coveted La Quinta CoveWelcome to this exquisite 1763 sq. ft. Santa Fe in the highly desired La Quinta Cove neighborhood. This desert gem features 3 bedrooms and 2 bathrooms, perfectly balancing authentic Southwestern architecture with modern comfort.Step inside to discover warm earth tones, and natural materials that create a serene harmonious living environment.The heart of this home is the kitchen, where a remarkable corner window frames breathtaking mountain views creating the perfect backdrop for morning coffee or tea, and ample counter space make entertaining a delight.Outdoor living reaches its pinnacle backyard and front patio oasis, featuring a sparkling pool and rejuvenating spa, perfect for year-round enjoyment, ideal for intimate gatherings and larger social events.The Quinta Cove offers the quintessential desert lifestyle, with easy access to world class golf courses, hiking trails, shopping, and dinning. Thos special property combines the unique character of authentic Santa Fe architecture with the natural beauty and amenities that make La Quinta one of Southern California's most coveted destinations.Experience the magic of desert living in this distinctive Santa Fe sanctuary where every sunset and sunrises paints the surrounding Santa rosa mountains in hues of gold and red a daily reminder of the extraordinary beauty that defines life in La Quinta Cove.this home has been a Successful Rental Property.

Nearby schools

5/10
Benjamin Franklin Elementary School
Public,•K-5•1.8mi
5/10
John Adams Elementary School
Public,•K-5•1.9mi
6/10
Harry S. Truman Elementary School
Public,•K-5•2.6mi
5/10
La Quinta Middle School
Public,•6-8•2.6mi
6/10
La Quinta High School
Public,•9-12•4.6mi
Condition Rating
Fair
The property was built in 1994, making it 30 years old. While well-maintained and move-in ready, the kitchen features light wood cabinets and dark countertops that, along with the decorative, hand-painted sinks and colorful tile backsplash in the bathrooms, reflect an outdated style. The terracotta tile flooring, while fitting the Santa Fe aesthetic, is also not a modern update. These elements suggest that the kitchen and bathrooms have not undergone extensive modern renovations within the last 15 years, aligning with the 'Fair' criteria of being aged but maintained, with major components showing signs of being outdated, and likely renovated 15-30 years ago or having original features.
Pros & Cons

Pros

Prime Location: Situated in the 'Coveted La Quinta Cove neighborhood' offering a 'quintessential desert lifestyle' with 'easy access to world class golf courses, hiking trails, shopping, and dinning'.
Breathtaking Mountain Views: Features 'breathtaking mountain views' from the kitchen and promises 'every sunset and sunrises paints the surrounding Santa rosa mountains in hues of gold and red'.
Private Outdoor Oasis: Includes a 'sparkling pool and rejuvenating spa, perfect for year-round enjoyment, ideal for intimate gatherings and larger social events'.
Distinctive Architecture: Boasts 'authentic Southwestern architecture' and 'unique character of authentic Santa Fe architecture', appealing to buyers seeking a specific aesthetic.
Proven Rental Income Potential: The property 'has been a Successful Rental Property', indicating a strong potential for investment or secondary income.

Cons

Significant Overpricing: The current list price of $750,000 is substantially higher than the estimated property value of $405,105, indicating a potential overvaluation of 45% compared to market estimates.
Lack of Detailed Modern Upgrades: While described as having 'modern comfort', the listing does not specify recent significant renovations (e.g., kitchen, bathrooms, windows, HVAC) that might be expected for a 1994-built home at this price point, potentially suggesting future investment for buyers.
Competitive Market Positioning: The property's list price is notably higher than recently sold comparable homes in the immediate vicinity, which could make it less attractive to buyers seeking value in the La Quinta Cove market.

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