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48788 Classic Drive, La Quinta, CA 92253

$694K3bd · 3ba · 1,706 sqft
Lot 2,313 sqftHOA $965/moCondominium
Active
26d on marketMLS# 219147556

Property Description

Rare opportunity to own one of the most flexible and income-producing floorplans within the highly desirable Legacy Villas community in La Quinta. This spacious 3-bedroom, 3-bath second-level villa features a unique lock-off configuration allowing the residence to function as three separate rental units, maximizing short-term rental income potential while still offering the comfort and luxury of a full private residence. Located within a City of La Quinta approved short-term rental community, this property offers exceptional versatility for investors, second-home buyers, or those seeking a combination of personal enjoyment and vacation rental revenue. Enjoy breathtaking southern-facing views of the Santa Rosa Mountains from the expansive covered patio deck. Ideally situated within walking distance to the iconic La Quinta Resort & Club, owners and guests can enjoy world-class dining, golf, spa amenities, and resort activities nearby. This premium location within Legacy Villas is just steps from the main clubhouse featuring the resort-style pool and spa, fitness center, and family gathering areas. Residents and guests also enjoy access to 11 additional pools and 10 additional spas throughout the beautifully landscaped community. The thoughtfully designed lock-off layout provides unmatched flexibility for multiple rental configurations, making this one of the strongest income-producing opportunities within Legacy Villas. Whether used as a luxury desert retreat, full-time vacation home, or high-performing investment property, this villa offers the ultimate combination of lifestyle, comfort, and revenue potential.

Features & Amenities

Legacy VillasFeeBuilt 2007

Property Details

Subdivision
Legacy Villas
Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s)
View
Mountain(s)
Flooring
Carpet, Ceramic Tile
Roof
Clay Tile, Concrete
City
La Quinta
Zip Code
92253
County
Riverside
Listed byEquity Union, Ron Bone·760-625-6506

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,509.24
Principal & Interest
Loan Amount
$555,200
Total Interest
$708,127
Total Payment Over 30 Years
$1,263,327
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Legacy Villas

This property is located in Legacy Villas, a community in La Quinta. Explore more listings in this neighborhood to compare options and pricing.

View Legacy Villas Listings

Comparative Market Analysis

Residential Tier · 5 active · 3 closed

48788 Classic Drive, La Quinta, CA 92253

Legacy Villas · La Quinta · Condominium

$694K
Residential Tier
Beds
3
Baths
3
Sqft
1,706
Lot
2,313 sqft
Year
2007
$/Sqft
$407
Pool: Yes
Spa: Yes
View: mountain

Listed in line with the median closed sale of $700,000. Expect a longer timeline — comps averaged 141 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $694K· $407/sqft
Total list price
Closed comps
vs closed median $700K
$6K (0.9%)
Active comps
vs active median $559K
+$135K (+24.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $432
$25 (5.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
48612 Legacy DriveLa Quinta2006221,3072,613$451$589,000280
55459 TanglewoodLa Quinta1988221,2832,614$436$559,0002263
80238 Whisper Rock WayLa Quinta2022221,2222,498$503$615,0003461
79840 Olympia FieldsLa Quinta1988221,2830$429$550,0003061
54529 TanglewoodLa Quinta1988221,2832,614$339$434,5008160
Total: 5 · Average2.02.01,275.62,584.75$431.6$549,50033.8
Median1,283$559,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
48637 Classic DriveLa Quinta200505/06/2026331,7060$739,000$710,000$4160.966892
48561 Classic DriveLa Quinta200603/31/2026331,7060$745,000$700,000$4100.949492
48616 Legacy DriveLa Quinta200605/22/2026221,3072,340$565,000$542,500$4150.9626175
Total: 3 · Average2.72.71,5732,340$650,833.333$650,833.333$413.667141
Median1,706$700,000$700,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.