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Listing provided courtesy of Ternion Real Estate - MLS#219097792DAMLS Provider

48709 Legacy DriveLa Quinta, CA 92253

Condo/Townhouse · 3 Beds · 3 Full Baths · 1,739 Sq. ft. | 0.05 Acres

$929,000 Active

Overview

Time on Site:
129 days
Visits:
1

A single story Legacy Villas townhome in a great location with an excellent history of vacation rental income. The three bedroom, three bathroom condo features a large great room, full kitchen and private patio with mountain views. The primary bedroom with a king bed and a gas fireplace has an en-suite bathroom with a double vanity, walk-in shower and soaking tub. The two guest bedrooms sit at the opposite end of the property; one with an en-suite bathroom and one across from a hall bathroom. The townhome can comfortably host six to eight people and provides quick access to a range of amenities at Legacy Villas. A satellite pool/hot tub is just steps from the unit and the community clubhouse, lap pool and kids pool are under a five minute walk away. Other highlights of the property include a full laundry room, an attached two car garage and a private patio with outdoor dining. The unit comes fully furnished making it move-in or rent ready. Legacy Villas is a gated community of 280 condos set in a beautiful mountain cove just north of La Quinta Resort. The location offers quick access to Old Town La Quinta and the Hwy 111 shopping corridor while providing a serene, secluded environment offering the best of desert living. The townhome is an established vacation rental with immediate income potential. The listing broker owns the management company currently renting the condo and can provide income history and future booking information upon request.

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Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,739
  • Price/Sq.ft. $534
  • Lot 0.05 Acres

General

Association/HOA
  • Association Amenities: Clubhouse,Fitness Center,Insurance,Management,Barbecue,Pet Restrictions,Security,Trash,Cable TV
  • Association Fee: 799.0
  • Association Fee Frequency: Monthly
  • Association Name: Legacy Villas HOA
  • Association: Yes
Building Information
  • Year Built: 2006
Location/Region
  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 313 - La Quinta South of HWY 111
  • Subdivision Name: Legacy Villas
  • Walk Score: 0
Community/Development
  • Community Features: Gated
Rent/Lease Information
  • Land Lease: No
  • Lease Considered: No
General Information
  • Disclosures: Covenants/Restrictions Disclosure,HOA Disclosure
  • Exclusions: Bedding, linens and towels (owned by management company).
  • Inclusions: Fully furnished per seller inventory.
  • Parcel Number: 658423016
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information
  • Garage Spaces: 2.0
  • Garage: Yes
Beds/Baths
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3
General Information
  • Appliances: Gas Water Heater
  • Fireplace Features: Gas,Living Room,Master Bedroom
  • Fireplace: Yes
  • Flooring: Carpet,Tile
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 1739.0
  • Living Area Source: Assessor
  • Security Features: Gated Community,24 Hour Security
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information
  • Parking Features: Garage,Garage Door Opener
  • Parking Total: 2.0
Lot Information
  • Lot Features: Planned Unit Development
  • Lot Size Area: 2388.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2388.0
  • Lot Size Units: Square Feet
Waterfront/View
    Building Exterior/Construction
    • Attached Garage: Yes
    • Property Attached: Yes
    General Information
    • Pool Private: No
    • Utilities: Cable Available

    Neighborhood

    La Quinta

    La Quinta, located on the eastern end of the Coachella Valley and known as "Gem of the Desert," is famous for its legendary golf courses, beautiful homes, fine dining, exceptional hiking, arts scene, and tremendous community spirit.

    Community

    92253 (La Quinta) Demographics
    48
    Median Age
    1,174
    Population Density (per sq. mile)
    44%
    College Educated
    $76,158
    Estimated Median Income
    11,792
    Estimated Total Home Owners
    4,439
    Estimated Total Renters
    73% / 27%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    Elementary Schools
    2
    Public
    Benjamin Franklin Elementary
    • Grades: KG - 5
    • Enrollment: 612
    3
    Public
    Harry S. Truman Elementary
    • Grades: KG - 5
    • Enrollment: 692
    3
    Public
    Horizon
    • Grades: KG - 12
    • Enrollment: 237
    1
    Public
    James Madison Elementary
    • Grades: KG - 5
    • Enrollment: 482
    Middle Schools
    2
    Public
    Colonel Mitchell Paige Middle
    • Grades: 6 - 8 /
    • Enrollment: 645
    3
    Public
    Horizon
    • Grades: KG - 12 /
    • Enrollment: 237
    2
    Public
    La Quinta Middle
    • Grades: 6 - 8 /
    • Enrollment: 756
    High Schools
    3
    Public
    Horizon
    • Grades: KG - 12 /
    • Enrollment: 237
    3
    Public
    La Quinta High
    • Grades: 9 - 12 /
    • Enrollment: 2,535
    1
    Public
    Summit High (Continuation)
    • Grades: 10 - 12 /
    • Enrollment: 278
    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    Monthly Cost

    $
    $ %
    %
    $
    $
    * Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

    Market Data

    Based on the last 30 days in this zip code

    $1,447,044
    Median Sales Price
    $535
    Median Price per Square Foot
    216
    Properties Sold
    280
    New on Market
    60
    Average Days on Market
    792
    Properties for Sale
    Calculations provided by Reliance Network