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77738 Heritage Drive, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 3 bath

77738 Heritage Drive, La Quinta, California 92253 home-pic-0
ACTIVE$825,000
77738 Heritage Drive, La Quinta, California 92253
3Beds
3Baths
1,706Sqft
2,117Lot
Year Built
2006
Close
-
List price
$825K
Original List price
$900K
Price/Sqft
$484
HOA
$835
Days on market
-
Sold On
-
MLS number
219115347DA
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $825.0K(73th), sqft - 1706(50th), beds - 3(50th), baths - 3(50th).

Discover a rare opportunity to own a ground-floor 3-bedroom, 3-bathroom villa in Legacy Villas, being sold by its original owner. This meticulously maintained unit has never been rented out, showcasing the pride of ownership. The main covered patio offers stunning views, overlooking a large fountain with the mountains as a breathtaking backdrop.Just steps away, you'll find a satellite pool, one of the 12 pools and 11 spas available within the community. Legacy Villas is short-term rental friendly, and with the villa's 3 lockout units, you have lots of rental flexibility. Each lockout unit features its own private quarters complete with a fireplace, patio, and full bathroom, offering privacy and comfort.The community boasts a top-notch fitness center, clubhouse, scenic walking paths, and a large main pool area with kiddie fountains and a lap pool. Located near Old Town La Quinta and adjacent to the award-winning La Quinta Resort & Spa, this villa is the perfect starting point for your desert experience. Maximize your investment and embrace the luxurious lifestyle Legacy Villas offers!

Nearby schools

5/10
John Adams Elementary School
Public,•K-5•1.2mi
8/10
Gerald R. Ford Elementary School
Public,•K-5•2.1mi
5/10
La Quinta Middle School
Public,•6-8•1.3mi
6/10
La Quinta High School
Public,•9-12•2.0mi
7/10
Palm Desert High School
Public,•9-12•3.9mi
Condition Rating
Good
Built in 2006, this property is 18 years old and has been meticulously maintained, indicating excellent upkeep. The kitchen features granite countertops, dark wood cabinetry, and black appliances, which are functional and in good condition but reflect a style from its build year rather than recent updates. Bathrooms similarly present well-maintained granite counters and dark wood vanities. While the property is move-in ready with no immediate renovations required, and major systems are functional, the aesthetic of some components, particularly the kitchen appliances and overall finishes, are not contemporary, preventing an 'Excellent' rating. It fits the 'Good' criteria of being built within 10-20 years and well-maintained without a full recent renovation.
Pros & Cons

Pros

Exceptional Rental Income Potential: The property is short-term rental friendly and features three distinct lockout units, each with its own fireplace, patio, and full bathroom, offering significant flexibility for maximizing rental income or accommodating multiple guests with privacy.
Extensive Resort-Style Amenities: Legacy Villas boasts an impressive array of community amenities including 12 pools, 11 spas, a top-notch fitness center, clubhouse, scenic walking paths, and a large main pool area with kiddie fountains and a lap pool, providing a luxurious lifestyle.
Prime Location & Scenic Views: Strategically located near Old Town La Quinta and adjacent to the award-winning La Quinta Resort & Spa, the villa offers a main covered patio with stunning views overlooking a fountain and the majestic mountains.
Meticulously Maintained & Original Ownership: Being sold by its original owner and described as 'meticulously maintained' and 'never rented out,' this unit reflects pride of ownership and suggests a well-cared-for property with potentially fewer immediate maintenance concerns.
Ground-Floor Accessibility: As a ground-floor unit, it offers convenient and easy access without the need for stairs, which is a significant advantage for various buyers, including those with mobility considerations or families.

Cons

High Association Fees: The monthly association fee of $835.00 is substantial and represents a significant ongoing cost of ownership, which could impact affordability and appeal to some buyers.
Price History & Market Perception: The property has undergone a price reduction from an original list price of $900,000 to $825,000 and has been on the market since August 2024, potentially indicating market resistance or that the initial pricing was too aggressive.
Limited Private Outdoor Space: Despite being a 'villa,' the condominium sub-type and a lot size of 2117 sqft suggest minimal private yard space, which may not meet the expectations of buyers seeking a larger, more exclusive outdoor living area.

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