55685 Riviera, La Quinta, California 92253, La Quinta, 92253 - 4 bed, 5 bath

55685 Riviera, La Quinta, California 92253 home-pic-0
ACTIVE UNDER CONTRACT$1,750,000$3,072/sqft
Est. Value: $1,614,147
-7%
AboveEstimate
55685 Riviera, La Quinta, California 92253
4Beds
5Baths
3,072Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($1,614,146.66) is $135,853.34 (7%) lower than the list price ($1,750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Golf Course Location & Panoramic Views: The property is perfectly positioned on the 16th hole of the meticulously maintained Palmer Private Course, offering breathtaking western mountain and golf course views.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 7664.

Compared to the nearby listings

Price:$1.75M vs avg $810.0K (+$940,000)80%
Size:3,072 sqft vs avg 2,375 sqft74%
Price/sqft:$570 vs avg $37883%

More Insights

Built in 1990 (36 years old).
Condition: Despite being built in 1990, the property has undergone extensive recent upgrades, including a fully remodeled kitchen with new countertops, backsplash, cabinetry, and modern stainless steel appliances. The primary bathroom has also been remodeled to a high standard, and new carpeting and fresh interior paint are present throughout. The images confirm a pristine, move-in ready condition with modern finishes and no visible deferred maintenance, aligning with the 'extensively renovated recently' criteria for an excellent score.
Year Built
1990
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$570
HOA
$914
Days on market
-
Sold On
-
MLS number
219141000DA
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s), Panoramic
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Panoramic

About this home

Breathtaking views! Gorgeous, customized Highland 2 plan featuring a rare free-standing casita. Offering 4 bedrooms, 4.5 bathrooms, and 3,072 SqFt of thoughtfully designed living space, this home is perfectly positioned on the 16th hole of the meticulously maintained Palmer Private Course. The oversized backyard is a true desert oasis, showcasing stunning western mountain views, a private saltwater pool with swim jet, saltwater spa, gas fire pit, retractable awnings, and misters--ideal for both relaxation and entertaining. Inside the main home, you'll find three spacious bedrooms, each with its own en suite bathroom, plus a convenient powder room for guests. The bright, open floor plan features high ceilings and abundant natural light throughout. Extensive upgrades include a remodeled kitchen with new countertops, backsplash, cabinetry, and appliances; a remodeled primary bathroom; fresh interior paint; new carpeting throughout; new epoxy flooring in the three-car garage; a new soft water system; and more. The spacious free-standing casita is perfect for guests, offering a large bedroom and sitting area, kitchenette, private bathroom, generous closet space, and a private entrance. Offered TURNKEY furnished, including all furniture in home and casita, fully stocked kitchen, all bedding and linens, and all amenities you would need, this exceptional home truly has it all. HOA fees include all landscaping, roof maintenance, exterior paint and stucco, exterior water and irrigation equipment, pest control, cable and internet, and 24-hour security--providing effortless, resort-style living.

S
Serena Lamble
Listing Agent

Price History

Date
Event
Price
12/12/96
Sold
$335,000
07/28/21
Sold
$1,187,000
06/09/20
Sold
$770,000
06/08/10
Sold
$495,000
Condition Rating
Excellent

Despite being built in 1990, the property has undergone extensive recent upgrades, including a fully remodeled kitchen with new countertops, backsplash, cabinetry, and modern stainless steel appliances. The primary bathroom has also been remodeled to a high standard, and new carpeting and fresh interior paint are present throughout. The images confirm a pristine, move-in ready condition with modern finishes and no visible deferred maintenance, aligning with the 'extensively renovated recently' criteria for an excellent score.
Pros & Cons

Pros

Prime Golf Course Location & Panoramic Views: The property is perfectly positioned on the 16th hole of the meticulously maintained Palmer Private Course, offering breathtaking western mountain and golf course views.
Extensive Recent Upgrades: The home boasts extensive recent upgrades including a remodeled kitchen, primary bathroom, fresh interior paint, new carpeting, epoxy garage flooring, and a new soft water system, ensuring modern comfort and aesthetics.
Private Free-Standing Casita: A rare free-standing casita provides a large bedroom, sitting area, kitchenette, private bathroom, and separate entrance, ideal for guests or multi-generational living.
Resort-Style Outdoor Oasis: The oversized backyard features a private saltwater pool with swim jet, saltwater spa, gas fire pit, retractable awnings, and misters, creating an ideal desert oasis for relaxation and entertaining.
Turnkey Furnished & Comprehensive HOA: Offered fully turnkey furnished with all amenities, complemented by HOA fees that cover landscaping, roof, exterior paint, utilities, pest control, cable, internet, and 24-hour security, providing effortless living.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 7664.
High Monthly HOA Fees: The monthly HOA fee of $914.0, while comprehensive, represents a significant ongoing cost that potential buyers must factor into their budget.
Property Age: Built in 1990, despite extensive cosmetic and system upgrades, the underlying structure and some core components are over 30 years old, which may lead to future maintenance considerations.
Potential for Golf Course Activity Noise: Being directly on the 16th hole of a golf course could expose residents to noise from golfers and course maintenance activities, potentially impacting tranquility at certain times.
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