78700 Cabrillo Way, La Quinta, California 92253, La Quinta, 92253 - 4 bed, 4 bath

78700 Cabrillo Way, La Quinta, California 92253 home-pic-0
ACTIVE$1,899,950
78700 Cabrillo Way, La Quinta, California 92253
4Beds
4Baths
3,135Sqft
15,682Lot

Price Vs. Estimate

The estimated value ($1,424,494.21) is $475,455.79 (25%) lower than the list price ($1,899,950). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 3135.
Top Cons:
Significant Overpricing: The current listing price is 25% above the estimated property value and notably higher than comparable recently sold properties, suggesting it may be overpriced for the current market.

Compared to the nearby listings

Price:$1.90M vs avg $774.1K (+$1,125,847.5)84%
Size:3,135 sqft vs avg 2,329 sqft79%
Price/sqft:$606 vs avg $36687%

More Insights

Built in 1998 (27 years old).
Condition: The property was built in 1998, making it 26 years old. While well-maintained and featuring a highly functional guest house with modern amenities, the main kitchen, despite having granite counters and ample millwork, appears dated in style with traditional cabinets and visible appliances that are not high-end or integrated. The master bedroom's 'custom mirrored wall' is also a dated feature. The overall aesthetic of the main living areas, including flooring and light fixtures, leans towards a traditional style that is not current. The property is move-in ready, but a buyer seeking contemporary design would likely plan for minor updates, particularly in the main kitchen and bathrooms, aligning with the 'Fair' category criteria of being aged but maintained, with major components showing signs of being outdated.
Year Built
1998
Close
-
List price
$1.9M
Original List price
$1.98M
Price/Sqft
$606
HOA
$1,198
Days on market
-
Sold On
-
MLS number
219126582DA
Home ConditionFair
Features
Excellent View: Golf Course, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Panoramic,Pool

About this home

Spectacular Rancho La Quinta mini-estate with massive modified 2 room guest house with granite kitchen, laundry area and a full 1-car garage. Anchored at the end of a long driveway with custom pavers you'll find a custom courtyard with raised bell tower entry, tranquil fountain and decorative concrete overlay. Inside the home, a grand formal living area with views of the Santa Rosa Mountains features a 3-sided entertainer's fireplace, formal dining room, volume ceiling and extensive use of shutters. The home's family room also shares a view of the fireplace and offers a built-in media center and views of the pool and rear grounds. The chef's kitchen features rich granite counters, ample millwork and two separate sit-up counter eating areas. The main bedroom suite has been updated with a custom mirrored wall, media center and offers direct access to a private covered outdoor living area, pool and spa. The second interior bedroom is currently configured as an office and offers entry courtyard views and faux wood overlay flooring - it contains a bath with mirrored wardrobe doors, mitered glass shower and private commode. The detached guest house is in a class all of its own. It features a huge bedroom suite with granite countered kitchenette with microwave, dishwasher, custom millwork, stainless steel refrigerator, elevated windows, shutters, a bath with private commode, a stackable washer and dryer closet - Plus, a second spacious room (not photographed yet)with work out space, dining area, granite countered desk area, shutters, closet and a door that takes you to your own dedicated full 1 car garage - this guest house could be ideal for an owner with a caretaker, hobbyist, or mother-in-law quarters. The home's grounds are impeccable with a mixture of rich epoxy finished textured concrete, synthetic turf, mature citrus and an entertainers pool that's private yet features impressive Santa Rosa mountain views. The pool features a stainless steel outdoor cooking station with stainless steel sink and due to this home being an end-unit location, the yard delivers the ultimate in privacy and is virtually golf ball and golf cart free. Additional upgrades include a fully enclosed utility closet in the sideyard that houses the pool equipment, heater and filter pump; two car main garage with AC; Water Cop flood detection system; high tech security; side garbage receptacle; extensive garage storage; 1 minute walk to heated community pool & spa. Incredible property!!

Nearby schools

6/10
Harry S. Truman Elementary School
Public,K-50.6mi
3/10
Mountain Vista Elementary School
Public,K-62.6mi
5/10
La Quinta Middle School
Public,6-80.6mi
3/10
Cahuilla Desert Academy Junior High
Public,7-84.2mi
6/10
La Quinta High School
Public,9-121.5mi
3/10
Coachella Valley High School
Public,9-126.2mi
Condition Rating
Fair

The property was built in 1998, making it 26 years old. While well-maintained and featuring a highly functional guest house with modern amenities, the main kitchen, despite having granite counters and ample millwork, appears dated in style with traditional cabinets and visible appliances that are not high-end or integrated. The master bedroom's 'custom mirrored wall' is also a dated feature. The overall aesthetic of the main living areas, including flooring and light fixtures, leans towards a traditional style that is not current. The property is move-in ready, but a buyer seeking contemporary design would likely plan for minor updates, particularly in the main kitchen and bathrooms, aligning with the 'Fair' category criteria of being aged but maintained, with major components showing signs of being outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 3135.
Exceptional Detached Guest House: The property boasts a massive, modified two-room guest house complete with a granite kitchen, laundry area, and a dedicated 1-car garage, offering unparalleled versatility for various living arrangements or hobbies.
Private Resort-Style Outdoor Living: Featuring impeccable grounds with synthetic turf, mature citrus trees, an entertainer's pool with an outdoor cooking station, and ultimate privacy due to its end-unit location, free from golf course intrusions.
Panoramic Mountain Views: The grand formal living area and rear grounds offer impressive, unobstructed Santa Rosa Mountain views, significantly enhancing the property's aesthetic appeal and desirability.
Gourmet Chef's Kitchen: The chef's kitchen is well-appointed with rich granite counters, ample millwork, and two separate sit-up eating areas, providing a high-quality and functional space for culinary activities.
Extensive Modern Upgrades & Security: Includes a two-car main garage with AC, a Water Cop flood detection system, high-tech security, and a fully enclosed utility closet, demonstrating modern conveniences and enhanced property protection.

Cons

Significant Overpricing: The current listing price is 25% above the estimated property value and notably higher than comparable recently sold properties, suggesting it may be overpriced for the current market.
High Association Fees: A substantial monthly association fee of $1198.0 adds a significant recurring cost to homeownership, which could be a deterrent for some potential buyers.
Potential for Dated Elements: Built in 1998, despite some updates, certain aspects of the main home's design or infrastructure may not align with the latest contemporary trends or energy efficiencies found in newer constructions.

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