79803 Olympia Fields, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 3 bath
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La Quinta, California 92253
This Waterfront Resort Condominium is listed at $500,000, representing a stable acquisition in the prestigious PGA Palmer Private community. While positioned near its $467,436 Fair Market Value, the property justifies its premium with a Condition Rating of 4, featuring a brand-new HVAC system and turnkey furnishings. The panoramic lake and mountain views from the lakeside patio and dual primary suites drive high rental demand, consistent with local market trends for waterfront assets. This move-in-ready residence is an exceptional match for seasonal residents or rental investors seeking a high-quality desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79803 Olympia Fields Subject | $479,000* List Price | 2 | 3 | 1,492 | $321 | - |
A 55456 Firestone Sold | $472,000 | 2 | 3 | 1,492 | $316 | 0.3 mi |
B 80679 Oak Tree Sold | $594,000 | 2 | 2 | 1,549 | $383 | 0.9 mi |
C 54853 Oakhill Sold | $589,000 | 2 | 2 | 1,549 | $380 | 0.3 mi |
D 54671 Inverness Way Sold | $540,000 | 3 | 2 | 1,627 | $332 | 0.8 mi |
E 80691 Oak Tree Sold | $610,000 | 3 | 2 | 1,627 | $375 | 0.9 mi |
F 80613 Oak Tree Sold | $565,000 | 3 | 3 | 1,627 | $347 | 0.9 mi |
G 79804 Olympia Active | $540,000 List Price | 2 | 2 | 1,410 | $383 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained and move-in ready with brand-new HVAC and water heater systems. However, the interior remains dated with popcorn ceilings, older tile work, and mid-2000s style bathroom updates, placing it in the 'Fair' category as it requires cosmetic modernization.
The south-facing waterfront position offers exceptional panoramic views of the lake and Santa Rosa Mountains, providing a premium resort atmosphere that is highly sought after in PGA West.
The property is sold furnished and features a brand-new A/C system and water heater, offering a move-in-ready scenario with significantly reduced immediate capital improvement needs.
With dual primary suites and proximity to major music festivals and world-class golf, this unit is perfectly configured as a high-demand seasonal rental or vacation getaway.
The association fee of $802 per month is a significant recurring expense that may impact the overall affordability and net ROI for investment-focused buyers.
Built in 1988, the unit may require further cosmetic modernization to compete with newer luxury developments in the La Quinta area despite its well-maintained condition.
Location, Location, Vacation! Tremendous Opportunity for a Realistically Priced, FURNISHED Waterfront Location at PGA WEST. This SOUTH FACING Greens C Plan Boasts Sweeping Views of the Lake and Santa Rosa Mountains. Truly a Triple Option of Usage; a Great Vacation Getaway, a Dynamite Rental that is Ready for Revenue -or- a Full Time Retreat. Dual Primary Suites w/a Balcony to Enjoy RESORT VIEWS, Spacious Living Room, a Generous Kitchen, Soothing Colors, a Cozy Fireplace and a Tranquil Lakeside Patio. Community Pool/Spa is Close but not too Close and both A/C and Water Heater are BRAND NEW. Furnishings are in Good Condition, allowing for a Move in Ready Scenario. Detached Two Car Garage and HOA dues include; Manned Gate, Landscaping, Cable TV/Internet, Common Areas and Community Pools/Spas. Bonus: Close to the Golf, Shopping, Old Town, Hiking the Music Festivals all La Quinta has to Offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,492 | 1,774.5 |
| Lot Size | 822 | 2,613 |
| Price | $479.0K | $694.2K |
| Price per sq ft | $321 | $381 |
| Built year | 1988 | 1986 |
| HOA | $802.0 | $780 |
| Days on market | 82 | 73 |
May 15, 2026
$479,000
$500,000
-4% Price Drop
Initial Listing
May 1, 2026
$500,000
Initial Listing
Jun 30, 2016
$250,000
Public Record
May 30, 2003
$180,000
Public Record