55456 Firestone, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 3 bath

55456 Firestone, La Quinta, California 92253 home-pic-0
ACTIVE UNDER CONTRACT$472,000
55456 Firestone, La Quinta, California 92253
2Beds
3Baths
1,492Sqft
3,049Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Waterfront Location & Views: The condo is beautifully situated on the lake, offering spectacular views of water, waterfalls, and mountains, significantly enhancing its appeal and value.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 978.

Compared to the nearby listings

Price:$472.0K vs avg $635.0K ($-163,000)27%
Size:1,492 sqft vs avg 1,706 sqft27%
Price/sqft:$316 vs avg $35529%

More Insights

Built in 1988 (37 years old).
Condition: Built in 1988, this property is 36 years old and appears to have had no major renovations since construction. The kitchen features dated white appliances, laminate countertops with wood trim, and original-style white cabinets, along with an older fluorescent light fixture. Bathrooms also show original or very lightly updated fixtures and finishes, including white tile and older vanities. While the property appears well-maintained with clean carpets and functional systems, the overall aesthetic and key areas like the kitchen and bathrooms are significantly outdated, requiring minor to moderate updates to meet current standards.
Year Built
1988
Close
-
List price
$472K
Original List price
$472K
Price/Sqft
$316
HOA
$774
Days on market
-
Sold On
-
MLS number
219139134DA
Home ConditionFair
Features
Excellent View: Mountain(s), Water
Deck
Patio
ViewMountain(s), Water

About this home

This stunning 2 ensuite condo is beautifully situated on the lake with spectacular views of nature's finest!The lower level entry foyer leads to main floor living and dining areas. The living room with fireplace opens to a serene patio overlooking the water and waterfalls in the distance. The sunny and light kitchen opens to a comfortable family room which has access to a courtyard patio and garage access to the spacious 2 car garage. Fabulous first time buyer opportunity or downsizing for comfort & convenience. Also an excellent option for a rental investment property.The community pools are easily accessed for resort like relaxation convenient to your front door. The views and location make this propertyvery special. Please note the bedrooms are photo staged with & without furnishings for best furnishing ideas.

Price History

Date
Event
Price
06/17/03
Sold
$193,500
Condition Rating
Fair

Built in 1988, this property is 36 years old and appears to have had no major renovations since construction. The kitchen features dated white appliances, laminate countertops with wood trim, and original-style white cabinets, along with an older fluorescent light fixture. Bathrooms also show original or very lightly updated fixtures and finishes, including white tile and older vanities. While the property appears well-maintained with clean carpets and functional systems, the overall aesthetic and key areas like the kitchen and bathrooms are significantly outdated, requiring minor to moderate updates to meet current standards.
Pros & Cons

Pros

Prime Waterfront Location & Views: The condo is beautifully situated on the lake, offering spectacular views of water, waterfalls, and mountains, significantly enhancing its appeal and value.
Versatile Investment Opportunity: The property is highlighted as an excellent option for first-time buyers, those downsizing, or as a lucrative rental investment, broadening its market appeal.
Resort-Style Community Amenities: Residents have easy access to community pools, providing resort-like relaxation and convenience right near their front door.
Functional Layout & Outdoor Spaces: Features a practical layout with 2 ensuite bedrooms, a fireplace, and multiple outdoor areas including a serene lake-facing patio and a private courtyard patio.
Spacious Two-Car Garage: The property includes a spacious two-car garage with direct access, offering significant convenience and storage for condominium living.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 978.
High Monthly Association Fees: The substantial monthly association fee of $774.0 could be a significant ongoing financial consideration for potential buyers.
Property Age & Potential for Updates: Built in 1988, the property is 36 years old, and the description does not explicitly mention recent major renovations, suggesting potential for dated systems or finishes.
Current Listing Status: The 'Active Under Contract' status indicates the property is not immediately available for new offers, potentially limiting its market reach to actively searching buyers.

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