Investment opportunity in the heart of La Quinta! This Spanish-style home offers an exciting value-add opportunity for an investor looking to acquire and improve a property in one of the Coachella Valley's most sought-after destinations. Featuring mountain views, a wine cellar, and classic Spanish-style character, the home provides a unique foundation for renovation and long-term potential.
Located in La Quinta Cove, the property is ideally positioned near world-class golf, the Indian Wells Tennis Garden, and the Empire Polo Club, home to major events including Coachella and Stagecoach. The area's year-round appeal, combined with significant seasonal and event-driven demand, makes this an attractive location for an investor looking to hold and capitalize on the property's potential.
Bring your vision and unlock the possibilities this property has to offer. Short sale subject to lender approval. Property is being sold in its present condition and requires work. Buyer to conduct their own due diligence regarding property condition, permits, zoning, rental restrictions, short-term rental regulations, and potential uses.
For sale
Listed by: Southland Homes • WALID ZAFARI • Contact: 714-234-8484
$699,000
51520 Avenida Montezuma, La Quinta, CA 92253
3beds
2,144sqft
Single Family Residence
Built in 2000
10,454 Square Feet Lot
$679,700 Zestimate®
$326/sqft
$-- HOA
What's special
- 8 days
- 792
- 28
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
WALID ZAFARI DRE #02032191 714-234-8484,
Southland Homes,
CATALINA CASTANEDA DRE #01886731,
Southland Homes
Source: CRMLS,MLS#: IV26188197
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Entry/Foyer, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Wine Cellar
Primary bedroom
- Features: Primary Suite
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Beamed Ceilings, Brick Walls, Ceiling Fan(s), Primary Suite, Wine Cellar
- Has fireplace: Yes
- Fireplace features: Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,144 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Driveway, Garage, Garage Faces Rear
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,454 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7731230300000
- Special conditions: Probate Listing,Short Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Curbs
- Subdivision: La Quinta Cove*
Location
- Region: La Quinta
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $311,978
- Date on market: 8/28/2026
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$679,700
$646,000 - $714,000
$4,069/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $699,000-15.8%$326/sqft |
Source:  CRMLS #IV26188197 Report a problem | ||
| 7/17/2026 | Listing removed | $830,000$387/sqft |
Source:  CDAR/ Desert Area MLS #219132693 Report a problem | ||
| 7/14/2025 | Listed for sale | $830,000$387/sqft |
Source:  Greater Palm Springs Realtors #219132693 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $311,978 +2% |
| 2025 | $4,464 +2.8% | $305,862 +2% |
| 2024 | $4,341 +3.2% | $299,866 +2% |
| 2023 | $4,209 +3.7% | $293,987 +2% |
| 2022 | $4,058 +2.7% | $288,223 +2% |
| 2021 | $3,953 +1.8% | $282,572 +1% |
| 2020 | $3,882 +2.1% | $279,675 +2% |
| 2019 | $3,803 +2.2% | $274,192 +2% |
| 2018 | $3,720 +1.5% | $268,817 +2% |
| 2017 | $3,666 | $263,547 +2% |
| 2016 | $3,666 +1.6% | $258,380 +1.5% |
| 2015 | $3,609 +1.6% | $254,501 +2% |
| 2014 | $3,552 | $249,518 +0.5% |
| 2013 | -- | $248,394 +2% |
| 2012 | -- | $243,524 +2% |
| 2011 | -- | $238,750 +0.8% |
| 2010 | -- | $236,968 -0.2% |
| 2009 | -- | $237,532 +2% |
| 2008 | -- | $232,875 +2% |
| 2007 | -- | $228,309 +2% |
| 2006 | -- | $223,833 +2% |
| 2005 | -- | $219,445 +3.9% |
| 2003 | -- | $211,201 +2% |
| 2002 | -- | $207,060 +11.9% |
| 2001 | $2,487 | $185,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92253
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