48673 Classic, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath

48673 Classic, La Quinta, California 92253 home-pic-0
ACTIVE$589,000
48673 Classic, La Quinta, California 92253
2Beds
2Baths
1,307Sqft
Lot
Year Built
2006
Close
-
List price
$589K
Original List price
$615K
Price/Sqft
$451
HOA
$830
Days on market
-
Sold On
-
MLS number
219135478DA
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $589.0K(46th), sqft - 1307(19th), beds - 2(38th), baths - 2(41th).

HUGE PRICE DROP!!!!! Do not miss out on this fantastic property, Fantastic Price!!! From the first time you enter into this property you are immediately immersed into this midcentury desert style oasis. This beautiful 2-bedroom, 2-bath villa has that WOW factor. Fully furnished with mid-century modern furniture and artwork. You have the option of enjoying this villa privately or benefit from the immense revenue generating opportunities that this property provides. This property allows SHORT TERM RENTALS. Legacy Villas is a private gated community with 24/7 security guard, 12 pools, 11 spas, outdoor BBQ grills, hammocks, cabanas, fitness center and a restaurant located on the beautifully manicured 44 acres. It is the perfect setting for entertaining family and friends, relaxing in the sun, dining under the stars, or cozying up by the indoor or outdoor fireplaces. Minutes away from shopping, dining, and entertainment. Year around sunshine! Steps away from the World Renown La Quinta Resort.

Nearby schools

5/10
John Adams Elementary School
Public,K-51.1mi
8/10
Gerald R. Ford Elementary School
Public,K-52.2mi
5/10
La Quinta Middle School
Public,6-81.3mi
6/10
La Quinta High School
Public,9-122.1mi
7/10
Palm Desert High School
Public,9-123.9mi

Price History

Date
Event
Price
11/19/25
Price Change
$589,000-1.7%
10/13/25
Price Change
$599,000+0.7%
10/11/25
Price Change
$595,000-3.3%
09/17/25
Listing
$615,000
Condition Rating
Good

Built in 2006, this property is 18 years old and falls within the 'Good' condition criteria. The images reveal a very well-maintained interior with clean, modern aesthetics. The kitchen features stylish dark green subway tile backsplash, open shelving, and white countertops, suggesting either recent updates or a timeless design. Bathrooms are clean and functional with granite countertops and tiled surrounds, showing minimal wear. Carpets and other flooring appear to be in excellent condition. The overall presentation is move-in ready with no immediate renovations required, aligning perfectly with a 'Good' rating.
Pros & Cons

Pros

Exceptional Income Potential: The property explicitly allows short-term rentals, offering significant revenue generation opportunities in a desirable tourist destination.
Luxurious Community Amenities: Located within Legacy Villas, a private, gated community featuring 12 pools, 11 spas, a fitness center, restaurant, and 24/7 security, providing a resort-like lifestyle.
Turnkey & Designer Furnished: Comes fully furnished with stylish mid-century modern furniture and artwork, offering a 'wow factor' and immediate occupancy or rental readiness.
Prime La Quinta Location: Steps away from the World Renown La Quinta Resort and minutes from shopping, dining, and entertainment, enhancing its appeal and convenience.
Recent Significant Price Drop: A 'HUGE PRICE DROP' makes this property a more attractive and competitive offering in the current market.

Cons

Substantial Monthly Association Fees: The $830.0 monthly association fee is considerably high, impacting overall ownership costs and potential net rental income.
Modest Square Footage: With 1307 sqft for a 2-bedroom, 2-bath unit, the living space may be considered compact for some buyers or longer-term stays.
History of Price Volatility: Multiple price adjustments in its listing history, despite the recent drop, could indicate initial pricing challenges or market sensitivity.

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