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$739,000   Price Analysis
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48694 Classic Dr
La Quinta, CA 92253
2 bed 2 bath 1,307 SqFt ($565/SqFt)
Built 2007
Listed 2024-06-21, HOA $830, Taxes $7,582
Ⓧ USDA Ineligible
due to location

near La Quinta

Discover the perfect blend of luxury and comfort in this rare single-story

* Has Contingent Offer *

Two-bedroom, two-bathroom, turn key furnished condo at Legacy Villas in La Quinta. Located in a quiet corner of the community, this unit features two lock-off suites, each with its own entrance, allowing for versatile use as an owner-occupied residence or a vacation rental. The larger one-bedroom suite boasts a vast living/dining area, a full kitchen, a bedroom and a bathroom. Both the living/dining area and the bedroom open to a private patio on a serene greenbelt within Legacy Villas. Enjoy the comforts of home with a fully stocked kitchen and a stacked washer/dryer. The smaller studio suit offers its own full bathroom, mini-bar, desk and dresser/cabinet, along with a private patio perfect for enjoying the view with morning coffee and a warm Desert evening with a glass of wine.

A detached two-car garage is a unique feature among two-bedroom condos at Legacy Villas. The condo provides fabulous views of the Chocolate and Santa Rosa mountains from both patios and is close to a community pool and hot tub. Legacy Villas is a gated community of 280 condos in the heart of La Quinta, allowing for short-term rentals. This property is an established vacation rental grossing over $51, 000 in rental revenue last year and over $31, 000 year-to-date. Legacy Villas offers top-notch amenities, including an 11, 000 square foot clubhouse, 12 saltwater pools, 11 spas, over a dozen charming fountains, multiple hammocks, fire pits, picnic areas, Legacy Grille and a children's splash pad area off the main pool, complete with cabanas and plenty of space for r elaxation. This location is highly sought after, especially during the BNP Paribas Tennis, Coachella and Stagecoach events. Look no further if you want a desert getaway in a prime location with excellent income potential!


Presented by Darci Hope at
Coldwell Banker Residential Brokerage - Indian Wells/La Quinta.
Listing Agent Photo

Property MLS #24-406511 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Master Bedroom

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Central
Fireplace Features: Living Room
Heating Features: Central

Furnished Description: Furnished
Flooring: Mixed, Stone Tile, Carpet

Pool Features: Community
Spa Features: Community

Covered Spaces: 2
Garage Spaces: 2
Garage Description: Garage - 2 Car

View: Green Belt
Other Equipment: Ceiling Fan, Dishwasher, Range/Oven, Garbage Disposal, Microwave
Security Features: Gated Community with Guard

Greenbelt/Park
Assoc Maintains Landscape
Clubhouse
Gated Community Guard
Pool

Existing Lease Type: Fee

Association: Yes
Association Fee: 830
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 830

Number of Units: 280

Unit Floor In Building: 1

Source Listing Status: Active Under Contract
County: Riverside
Cross Street: Eisenhower and Coachella
Directions: From gate, go right then make the second right onto Classic Dr. Property is on your right, parking is on the left.
Source Property Type: Residential
Area: La Quinta South of HWY 111
Property Subtype: condo
Source Neighborhood: La Quinta South of HWY 111
Parcel Number: 658-425-013
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$438,600 + $147,900
$586,500
$7,582
2022$430,000 + $145,000
$575,000
$7,414
2021$295,000 + $100,000
$395,000
$5,187
2020$223,556 + $74,517
$298,073
$3,967
2019$219,173 + $73,056
$292,229
$3,897
2018$214,875 + $71,625
$286,500
$3,828
2017$194,168 + $64,720
$258,888
$3,517
2016$190,361 + $63,451
$253,812
$3,465
2015$187,502 + $62,499
$250,001
$3,479
2014$183,830 + $61,276
$245,106
$3,426
2013$183,000 + $61,000
$244,000
$3,404
2012$138,000 + $63,000
$201,000
$2,829
2010$147,000 + $68,000
$215,000
$2,924
2009$127,000 + $104,000
$231,000
$3,057
2009$145,000 + $66,000
$211,000
$3,057
2008$311,000 + $168,000
$479,000
$5,802
2007$unknown + $116,141
$116,141
$1,330

Listed 2024-06-21
$739,000
TheMLSCLAW
Listing removed 2021-12-10
$0
PalmDesert
Sold 2021-12-08
$575,000
PalmDesert
Listed 2021-11-15
$575,000
PalmDesert
Sold 2020-07-24
$395,000
PalmDesert
Sold 2019-01-16
$316,200
SanDiegoMLS
Sold 2017-10-27
$316,200
PalmDesert
Listed 2017-10-26
$316,200
SanDiegoMLS
Listed 2017-10-26
$316,200
PalmDesert
Sold 2012-12-28
$277,000
PalmDesert
Listed 2012-12-04
$285,000
PalmDesert
Sold 2007-09-28
$525,000
Public Record

Total Square Feet Living: 1307
Year Built: 2007
Building Name: Legacy Villas
Common Walls: Attached
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 17
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Attached, Condominium
House Style: Spanish Colonial
Year Built Source: Vendor Enhanced
Architectural Style: Spanish Colonial

Harry S. Truman Elementary School is a public elementary school located approximately 1.3 miles away.
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La Quinta Middle School is a public middle school located approximately 1.3 miles away.
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La Quinta High School is a public high school located approximately 2.1 miles away.
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La Quinta Christian Fellowship School is a private elementary and middle school located approximately 1.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.