55456 Firestone, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 3 bath
55456 Firestone
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 55456 Firestone, La Quinta, California 92253 is currently available with a list price of $472,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
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carpets and functional systems, the overall aesthetic and key areas like the kitchen and bathrooms are significantly outdated, requiring minor to moderate updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 55456 Firestone
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $774.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,492 | 1,920 | 22% |
| Lot Size | 3,049 | 2,613.03 | 57% |
| Price | $472.0K | $707.8K | 17% |
| Price per sq ft | $316 | $377 | 19% |
| Built year | 1988 | 1989 | 47% |
| HOA | $774.0 | $774 | 50% |
| Days on market | 107 | 138 | 32% |
Pricing History
Listed for Sale
Nov 21, 2025
$472,000
Initial Listing
Sold
Jun 17, 2003
$193,500
Public Record