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48668 Legacy Drive, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath

48668 Legacy Drive, La Quinta, California 92253 home-pic-0
ACTIVE$670,000
48668 Legacy Drive, La Quinta, California 92253
2Beds
2Baths
1,307Sqft
2,760Lot
Year Built
2005
Close
-
List price
$670K
Original List price
$735K
Price/Sqft
$513
HOA
$799
Days on market
-
Sold On
-
MLS number
LG24165011
Home ConditionGood
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $670.0K(52th), sqft - 1307(20th), beds - 2(38th), baths - 2(41th).

Welcome to Legacy Villas, an exclusive condominium community affiliated with La Quinta Resort. This is zoned for short term rentals and this unit was in the La Quinta Management Rental Pool. This condo is turnkey furnished could be a beautiful primary residence, vacation home or an investment property. The condo is 1307 square feet and is a two bedroom, two bathroom with a private terrace off the main living area and the bedrooms boasting views of the beautiful Santa Rosa Mountains. The open living area includes a fully stocked kitchen, living room and dining area and has two primary suites on either side with the ability to lockout each unit as it's own private suite as each unit as it's own private entrance. Enjoy the warmth of the two fireplaces (Main room and one bedroom suite) during the cooler evenings in the winter months. The resort style amenities include twelve salt water swimming pools, a state of the art fitness center which also offers a Main pool with water features, covered cabanas and a Grille. There are multiple hammocks hanging in the greenbelts to just stop and relax. Also, there is a single car garage for this unit and assigned guest parking. The nearby attractions include the La Quinta Resort and Spa, world-class golf courses, The Indian Wells Tennis Garden, the Empire Polo Club (hosting Stagecoach and Coachella) and the Desert Horse Park. You are surrounded by world class restaurants and shopping which makes this property a spot for Luxury Living.

Nearby schools

5/10
John Adams Elementary School
Public,•K-5•1.1mi
8/10
Gerald R. Ford Elementary School
Public,•K-5•2.2mi
5/10
La Quinta Middle School
Public,•6-8•1.4mi
6/10
La Quinta High School
Public,•9-12•2.1mi
7/10
Palm Desert High School
Public,•9-12•3.9mi
Condition Rating
Good
Built in 2005, this property is 19 years old and appears to be very well-maintained and move-in ready. The kitchen features dark wood cabinetry, granite countertops, and black appliances, which are functional and clean but reflect the original build era rather than a recent modern renovation. Similarly, the carpeted living areas, while clean, suggest the original or an older style. The bathrooms, though not fully pictured, are likely consistent with this aesthetic. Major systems are presumed to be functional and within their expected lifespan, aligning with the 'Good' condition criteria of being well-maintained with minimal wear and tear, but not having undergone a full recent renovation.
Pros & Cons

Pros

Investment Potential & Flexibility: Zoned for short-term rentals and previously part of the La Quinta Management Rental Pool, this unit offers excellent income potential. Its unique lockout capability allows for two private suites, maximizing rental revenue or providing versatile living arrangements.
Resort-Style Amenities: Residents enjoy access to extensive resort-style amenities, including twelve saltwater swimming pools, a state-of-the-art fitness center, a main pool with water features, covered cabanas, and a grille, enhancing the luxury lifestyle.
Prime Location & Scenic Views: Situated in an exclusive community affiliated with La Quinta Resort, the property boasts a prime location near world-class attractions like golf courses, Indian Wells Tennis Garden, and Empire Polo Club, complemented by beautiful Santa Rosa Mountain views from the private terrace and bedrooms.
Turnkey & Well-Appointed: Sold turnkey furnished, the condo is ready for immediate occupancy or rental. It features two cozy fireplaces, a private terrace, a fully stocked kitchen, and two primary suites, offering comfort and convenience.
Exclusive Community & Practical Features: Part of the exclusive Legacy Villas community, the property includes a single-car garage and assigned guest parking, providing valuable convenience and security within a prestigious setting.

Cons

High Association Fees: The monthly association fee of $799 is substantial and represents a significant ongoing cost of ownership, which could impact profitability for investors or overall affordability for residents.
Significant Price Reduction: The current list price of $670,000 is a notable reduction from the original list price of $735,000, potentially indicating market resistance, previous overpricing, or a need for a quicker sale.
Condominium Ownership Limitations: As a condominium, the property comes with inherent limitations such as shared walls, potential noise concerns, and restrictions imposed by HOA rules, which may not appeal to buyers seeking greater privacy or autonomy.

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