80614 Via Pessaro, La Quinta, California 92253, La Quinta, 92253 - 5 bed, 5 bath

80614 Via Pessaro, La Quinta, California 92253 home-pic-0

80614 Via Pessaro

La Quinta, California 92253

ACTIVE UNDER CONTRACT
CONDITION: GOOD
5Beds
5Baths
5,630Sq Ft
14,810Lot Size

Property Price

LIST PRICE$4,500,000
EST. MARKET VALUE
$4,255,826
5% AboveMARKET VALUE

SUMMARY

Analysis of 80614 Via Pessaro, La Quinta, California 92253 reveals a property with a current list price of $4,500,000, which is 5% above the estimated $4,255,826 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the La Quinta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$4,255,826
Based on Realkey algorithm analyzing recent comparable sales in La Quinta.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
80614 Via Pessaro
Subject
$4,500,000*
List Price
555,630$756-
A
80675 Via Portofino
Sold
$5,300,000565,585$9490.4 mi
B
53408 Via Bellagio
Sold
$4,600,000565,056$9100.2 mi
C
80800 Via Portofino
Sold
$3,700,000454,370$8470.5 mi
D
53748 Via Dona
Active Under Contract
$5,250,000
List Price
566,388$8220.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2008, this property is 16 years old, placing it firmly within the 'Good' category's age range. The description highlights a 'chef's kitchen fully equipped with Miele appliances' and a 'spa-like bath,' indicating high-quality features. Images confirm a grand Mediterranean style with extensive use of high-end materials like large format tile flooring and granite countertops. While the overall aesthetic, including some light fixtures and the brass/gold bathroom hardware, reflects its original build era rather than a brand-new, contemporary renovation, all components appear exceptionally well-maintained and move-in ready with no immediate renovations required. The property exhibits minimal wear and tear, and its major systems are functional and within expected lifespans.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Views

    The property boasts incredible elevated panoramic views of the Hideaway Clubhouse, lake, 18th fairway, 17th green of the Pete Dye Golf Course, and Santa Rosa Mountains.

  • Luxurious & Spacious Living

    An exquisite 5,630 sqft Mediterranean masterpiece featuring 5 bedrooms, 4.5 bathrooms, a grand great room with soaring ceilings, and elegant design throughout.

  • Gourmet Chef's Kitchen

    The chef's kitchen is fully equipped with high-end Miele appliances, two dishwashers, and a walk-in pantry, ideal for culinary enthusiasts.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The property carries a significant monthly association fee of $900.0, which adds to the ongoing cost of ownership.

  • Listing Price Above Estimated Value

    The current listing price is 5% higher than the property's estimated market value, potentially requiring justification or negotiation during sale.

  • Recent Price Reduction

    The property has undergone a price reduction from its original list price of $4.895M to $4.5M, which could indicate a longer market time or initial overpricing.

About 80614 Via Pessaro

Located in the heart of the community with an incredible elevated setting & panoramic views of the Hideaway Clubhouse, this exquisite 5 bedrooms, 4.5 bathrooms Mediterranean masterpiece offers 5,630 sqft of sophisticated living space & elegant design. As you step through the private courtyard, a stunning rotunda entryway leads you into a grand great room with soaring ceilings & a see-through fireplace - a focal point for both warmth & conversation. The elegant dining room is conveniently located near the chef's kitchen which is fully equipped with Miele appliances, two dishwashers, and a walk-in pantry. The adjacent family room is a place to gather & enjoy the spectacular lake views. With ample room for both a generous desk and seating area, the office is a sanctuary to reflect upon your day's achievements. The primary bedroom is an inviting retreat, with a spa-like bath that mirrors the home's elegance. The guest bedroom wing features its own living room and access from the courtyard, offering privacy & comfort. Ascend to the second level where 3 spacious guest bedrooms await, with mesmerizing Santa Rosa Mountains views and balcony entrance. The tranquil outdoor entertainment area boasts a large covered veranda, outdoor dining and a BBQ island. The infinity pool and spa are the crowning jewels, set against the backdrop of amazing views of both the 18th fairway and 17th green of the renowned Pete Dye Golf Course. This beautiful home is being offered furnished per inventory.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2008
Lot Size
14,810 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$900.0 / Month

Neighborhood Insights

La Quinta Unified Schools

Mountain Vista Elementary School

Grades K-6 • 1.9 mi

3/10

Cahuilla Desert Academy Junior High

Grades 7-8 • 2.0 mi

3/10

Coachella Valley High School

Grades 9-12 • 3.5 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
95%
Baths5.03.0
78%
Square foot5,6302,502
97%
Lot Size14,8109,148
86%
Price$4.50M$923.0K
95%
Price per sq ft$799$390
92%
Built year20082002
81%
HOA$900.0$533
84%
Days on market610162
100%

Pricing History

No pricing history data available.

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