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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 UNDER CONTRACT$729,000$1,706/sqft
77738 Heritage Drive, La Quinta, California 92253
3Beds
3Baths
1,706Sqft
2,117Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Flexible Floor Plan & Investment Potential: The villa features three versatile lock-off suites, each with private entrances, fireplaces, and patios, making it ideal for multi-generational living or leveraging Legacy Villas' short-term rental policies for significant income potential.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2117, other record lot size in square feet = 2412.

Compared to the nearby listings

Price:$729.0K vs avg $699.0K (+$30,000)56%
Size:1,706 sqft vs avg 1,837 sqft48%
Price/sqft:$427 vs avg $37273%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this property is 18 years old and falls within the '10 to 20 years' range for a 'Good' rating. The listing states it has 'new interior paint' and has been 'impeccably maintained,' making it move-in ready with no immediate functional renovations required. While the kitchen features dark wood cabinets, speckled granite countertops, and black appliances, and the bathrooms have earth-toned tile, these elements are clean and functional, but their style is consistent with the original build year and shows signs of being outdated compared to current trends. The 'Virtually Reimagined' images further suggest that stylistic updates would enhance its appeal, but the property is in solid, well-maintained condition.
Year Built
2006
Close
-
List price
$729K
Original List price
$729K
Price/Sqft
$427
HOA
$835
Days on market
-
Sold On
-
MLS number
219140326DA
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Rare, ground-floor 3-bedroom, 3-bath villa at Legacy Villas. The home has all new interior paint and has been Impeccably maintained and never rented, offered by its original owner. Pride of ownership is evident from the moment you step inside. A spacious covered patio overlooks a tranquil fountain with the majestic mountains as your backdrop--perfect for relaxing or entertaining. Just steps away, enjoy one of 12 pools and 11 spas situated perfectly throughout the community. Designed with versatility, this villa lives like a single level home and features three lock-off suites, each with private entrances, fireplaces, patios, and full baths. Whether you want to live full-time or host guests, the flexible floor plan makes it possible. Plus, with Legacy Villas' short-term rental policies, this could be the investment opportunity you have been waiting for. Resort-style amenities include: a fitness center & clubhouse, scenic walking paths and a main pool area with lap pool and playful kiddie fountains. Priced competitively, don't miss your chance to own this coveted floor plan. Located just minutes from Old Town La Quinta and adjacent to the world-renowned Waldorf La Quinta Resort & Spa. Make this your desert oasis before it's gone.

D
DW & Associates
Listing Agent

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 falls within the '10 to 20 years' range for a 'Good' rating. The listing states it has 'new interior paint' and has been 'impeccably maintained,' making it move-in ready with no immediate functional renovations required. While the kitchen features dark wood cabinets, speckled granite countertops, and black appliances, and the bathrooms have earth-toned tile, these elements are clean and functional, but their style is consistent with the original build year and shows signs of being outdated compared to current trends. The 'Virtually Reimagined' images further suggest that stylistic updates would enhance its appeal, but the property is in solid, well-maintained condition.
Pros & Cons

Pros

Flexible Floor Plan & Investment Potential: The villa features three versatile lock-off suites, each with private entrances, fireplaces, and patios, making it ideal for multi-generational living or leveraging Legacy Villas' short-term rental policies for significant income potential.
Resort-Style Amenities: Residents enjoy unparalleled access to 12 pools, 11 spas, a fitness center, clubhouse, and scenic walking paths, providing a luxurious and active lifestyle within the community.
Prime Location & Scenic Views: Situated on the ground floor with a spacious covered patio overlooking a tranquil fountain and majestic mountain views, the property is minutes from Old Town La Quinta and adjacent to the world-renowned Waldorf La Quinta Resort & Spa.
Impeccable Condition & Pride of Ownership: Recently updated with new interior paint, the home has been impeccably maintained and never rented by its original owner, ensuring a move-in ready experience with evident pride of ownership.
Ground-Floor Accessibility: As a rare ground-floor 3-bedroom, 3-bath villa, it offers the convenience and accessibility of single-level living, appealing to a broad range of buyers.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2117, other record lot size in square feet = 2412.
High Association Fees: The monthly association fee of $835 is substantial and could be a significant ongoing cost, impacting overall affordability and potential investment returns.
Condominium Ownership Limitations: As a condominium, the property typically involves shared walls, adherence to HOA rules, and a smaller private lot size (2117 sqft), which may not suit buyers seeking greater privacy or independence.
Potential for Transient Occupancy: While beneficial for investors, the community's short-term rental policies and resort environment could lead to higher transient occupancy and potential noise levels, which might be a drawback for full-time residents seeking a quieter, more stable neighborhood.
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