54880 Inverness, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
ACTIVE$473,999
54880 Inverness, La Quinta, California 92253
2Beds
2Baths
1,330Sqft
Lot
Year Built
1987
Close
-
List price
$474K
Original List price
$510K
Price/Sqft
$356
HOA
$774
Days on market
-
Sold On
-
MLS number
SW25240270
Home ConditionFair
Features
Excellent View: Golf Course, Mountain(s)
Patio
ViewGolf Course,Mountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $474.0K(27th), sqft - 1330(24th), beds - 2(38th), baths - 2(41th).
Welcome to PGA West one of the most desirable communities the desert has to offer. Home of the American Express golf tournament every January. This beautiful condo is located in the Stadium community within PGA West. The amazing golf course views and tournament can be enjoyed from the back covered patio one sliding glass door away. This private community offers 24 hour security and a very quiet place to live or enjoy getaways. Community spa and pool is only a few steps away and condo features new flooring, lighting, and paint/texture. Easy access to shopping centers and plenty of entertainment. Hurry this one will not last!!
Price History
Date
Event
Price
12/17/25
Price Change
$473,999-0.2%
11/09/25
Price Change
$474,999-1.0%
11/04/25
Price Change
$479,999-1.2%
10/29/25
Price Change
$485,999-0.6%
10/28/25
Price Change
$488,999-0.8%
10/23/25
Price Change
$492,999-2.4%
10/21/25
Price Change
$505,000-1.0%
10/15/25
Listing
$509,999
Condition Rating
Fair
The property, built in 1987, has received recent cosmetic updates including new flooring, lighting, and paint, and one bathroom has been fully modernized with new vanity, countertop, and shower tile. However, the kitchen features original 1980s-style cabinets with wood trim and tile countertops, and the second bathroom's vanity is also dated. While functional and well-maintained, these key areas require minor updates to align with current styles and features, preventing a 'Good' rating. The property is move-in ready but shows its age in critical areas.
Pros & Cons
Pros
Prestigious Location: Situated in PGA West, a highly desirable community known for hosting the American Express golf tournament, offering a premium lifestyle and potential for rental income during events.
Exceptional Views: The property boasts amazing golf course views, including tournament action, and scenic mountain vistas directly from the back covered patio.
Updated Interiors: The condo features recent cosmetic updates including new flooring, lighting, and paint/texture, providing a fresh and move-in ready appeal.
Exclusive Community Amenities & Security: Residents benefit from 24-hour security, a private community setting, and convenient access to a community spa and pool just steps away.
Convenient Access: Offers easy access to shopping centers and various entertainment options, enhancing the overall convenience and lifestyle for residents or guests.
Cons
High Monthly Association Fees: The $774.0 monthly association fee is substantial and could significantly impact affordability and long-term ownership costs for a 1330 sqft condo.
Older Construction: Built in 1987, while cosmetic updates are present, the underlying structure and major systems (e.g., HVAC, plumbing, electrical) are older and may require future maintenance or replacement.
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $509,999 to $473,999, which may suggest initial overpricing or challenges in attracting buyer interest.