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48784 Classic Drive, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 3 bath

48784 Classic Drive, La Quinta, California 92253 home-pic-0
ACTIVE$770,000
48784 Classic Drive, La Quinta, California 92253
3Beds
3Baths
1,706Sqft
2,313Lot
Year Built
2007
Close
-
List price
$770K
Original List price
$859K
Price/Sqft
$451
HOA
$800
Days on market
-
Sold On
-
MLS number
NP25169193
Home ConditionGood
Features
Patio
ViewBack Bay

About this home

We found 3 Cons,5 Pros. Rank: price - $770.0K(68th), sqft - 1706(50th), beds - 3(50th), baths - 3(50th).

SELLER MOTIVATED AND WILL LOOK AT ALL OFFERS! RARE Opportunity-Each Three-Bedroom unit includes a unique lockout feature that can be easily reconfigured as desired.This allows the units to be rented in three configurations; A Three-Bedroom, A Two-bedroom and a Studio or a One-Bedroom and Two Studios. This condo is an approved short-term Rental for Airbnb and VRBO. There are 280 units and 260 of them are short-term rentals. It can be offered Fully furnished for a small price and ready to enjoy, this beautifully maintained 3BR/3BA villa that is One Story at Legacy Villas on the first floor that offers the ultimate in flexibility, comfort, and income potential. Ideally located directly across from the Clubhouse featuring resort-style pools, spas, fitness center, Legacy Grille, and tranquil fountains—this villa makes for a perfect vacation home or investment opportunity. AIRBNB APPROVED! Very busy during Coachella and Stagecoach events. Each bedroom is a private Lockout Suite, complete with its own separate entrance. This unique setup allows you to rent the entire villa as one, or divide it into two or three individual suites—maximizing rental income and offering a range of guest options. Enjoy serene views of the courtyard and one of the community’s 19 peaceful fountains from your main patios. Legacy Villas is a guard-gated community with unmatched amenities, including an 11,000+ sq. ft. clubhouse with meeting rooms, 12 saltwater pools, 11 spas, and the popular on-site Legacy Grill. This villa has served as both a successful income-producing rental and a cherished personal retreat. Whether you’re seeking a low-maintenance getaway or a vacation rental that pays for itself, this is the opportunity you’ve been waiting for.

Nearby schools

5/10
John Adams Elementary School
Public,•K-5•1.0mi
8/10
Gerald R. Ford Elementary School
Public,•K-5•2.3mi
5/10
La Quinta Middle School
Public,•6-8•1.2mi
6/10
La Quinta High School
Public,•9-12•2.1mi
7/10
Palm Desert High School
Public,•9-12•4.0mi

Price History

Date
Event
Price
12/01/25
Price Change
$770,000-3.8%
11/02/25
Price Change
$800,000-1.1%
10/28/25
Price Change
$809,000-2.4%
10/08/25
Price Change
$829,000-2.4%
10/01/25
Price Change
$849,000-1.2%
07/29/25
$859,000
Condition Rating
Good
Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The listing describes it as 'beautifully maintained' and 'turnkey,' which is supported by the images. The visible bathroom features granite countertops and dark wood cabinetry, a style consistent with its build year, appearing functional and well-kept, though not recently updated. Carpets and other visible finishes are clean and show minimal wear. While kitchen images are not provided, the overall condition suggests a move-in ready property with well-maintained systems and no immediate renovation needs.
Pros & Cons

Pros

Exceptional Rental Income Potential: Approved for Airbnb/VRBO with unique lockout suites allowing flexible configurations (3BR, 2BR+Studio, 1BR+2 Studios), maximizing rental income, especially during high-demand events like Coachella and Stagecoach.
Extensive Resort-Style Amenities: Located within a guard-gated community offering an 11,000+ sq. ft. clubhouse, 12 saltwater pools, 11 spas, fitness center, and an on-site Legacy Grill.
Prime Community Location: Situated directly across from the Clubhouse, providing immediate access to the main resort amenities and facilities.
Turnkey & Well-Maintained: Described as beautifully maintained, a single-story ground-floor unit, and available fully furnished, offering a ready-to-enjoy or ready-to-rent property.
Flexible Use & Investment: Ideal for both a personal low-maintenance getaway and a high-yield vacation rental, supported by a community with a high concentration of short-term rentals.

Cons

High Monthly Association Fees: The $800 monthly association fee is substantial and could significantly impact the net income for investors or increase the overall cost of ownership.
History of Price Reductions: Multiple price drops from the original $859,000 to the current $770,000 suggest potential overpricing or market resistance, indicating a need for aggressive pricing to secure a sale.
Seller Motivation Implies Urgency: The explicit statement 'SELLER MOTIVATED AND WILL LOOK AT ALL OFFERS!' often signals a seller's strong desire for a quick sale, which might suggest underlying challenges or a need to move the property quickly.

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