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Sold for $678,900
  • Listed by: Equity Union • Ron Bone • Contact: 760-625-6506
    Bought with: Reliant Realty
    $678,900

    48788 Classic Dr, La Quinta, CA 92253

    3beds
    1,706sqft
    Condominium
    Built in 2007
    -- sqft lot
    $679,000 Zestimate®
    $398/sqft
    $6,087 Estimated rent

    Home value

    $679,000

    $645,000 - $713,000

    $6,087/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ron Bone DRE #02033152 760-625-6506,

    Equity Union

    Bought with:

    Kimberly Krones, DRE #01029601

    Reliant Realty

    Source: CRMLS,MLS#: 219147556DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Entry/Foyer, Great Room, Other, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Separate Shower, Tub Shower, Vanity
    Kitchen
    • Features: Granite Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Forced Air, Fireplace(s), Natural Gas
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water To Refrigerator
    • Laundry: Laundry Closet
    Features
    • Beamed Ceilings, Breakfast Bar, Built-in Features, Separate/Formal Dining Room, Furnished, High Ceilings, Recessed Lighting, All Bedrooms Up, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: French Doors
    • Windows: Blinds, Double Pane Windows, Shutters
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room, Primary Bedroom
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,706 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, On Street
    • Uncovered spaces: 1
    Features
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Community, Gunite, Electric Heat, In Ground
    • Spa features: Community, Gunite, Heated, In Ground
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 2,313 Square Feet
    • Features: Close to Clubhouse, Landscaped, Level, Planned Unit Development, Sprinklers Timer, Sprinkler System
    Details
    • Parcel number: 658425025
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Spanish
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Clay,Concrete
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated, Pool
    • Security: Gated Community, 24 Hour Security
    • Subdivision: Legacy Villas
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Maintenance Grounds, Meeting Room, Management, Meeting/Banquet/Party Room, Barbecue, Pet Restrictions, Security, Cable TV
    • HOA fee: $965 monthly
    • HOA name: Legacy Villas @ La Quinta HOA
    Location
    • Region: La Quinta

    Financial & listing details

    • Price per square foot: $398/sqft
    • Tax assessed value: $616,133
    • Annual tax amount: $8,006
    • Date on market: 5/14/2026
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    7/2/2026Sold$678,900-2.2%$398/sqft
    Source: CRMLS #219147556DA Report a problem
    6/30/2026Pending sale$694,000$407/sqft
    Source: Greater Palm Springs Realtors #219147556 Report a problem
    6/10/2026Contingent$694,000$407/sqft
    Source: Greater Palm Springs Realtors #219147556 Report a problem
    5/14/2026Listed for sale$694,000+30.9%$407/sqft
    Source: Greater Palm Springs Realtors #219147556 Report a problem
    9/28/2007Sold$530,000$311/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,006 +2.3%$616,133 +2%
    2024$7,827 +6.2%$604,053 +6.1%
    2023$7,370 +9.8%$569,154 +10%
    2022$6,710 +21.9%$517,412 +23%
    2021$5,502 +10.2%$420,660 +10%
    2020$4,991 +2.8%$382,418 +3%
    2019$4,857 +3.7%$371,280 +4%
    2018$4,685 +2.2%$357,000 +2.9%
    2017$4,586 $347,000
    2016$4,586 +1.1%$347,000 +3.3%
    2015$4,537 -0.2%$336,000
    2014$4,547 $336,000 -2%
    2013-- $343,000 +25.6%
    2012-- $273,000 -2.5%
    2011-- $280,000 +1.4%
    2010-- $276,000 -14%
    2009-- $321,000 -35.4%
    2008-- $497,000 +755.9%
    2007-- $58,070
    Find assessor info on the county website

    Neighborhood: 92253

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $679,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $679,000