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48696 Legacy Dr, La Quinta, CA, 92253

3beds
3baths
1,706sqft
$759,000
$445price/sqft
$5,290/moest. monthly cost
$211,600/yrincome needed

About This Home

Nestled within the prestigious, guard-gated enclave of Legacy Villas, this highly desirable ground-floor 3-bedroom, 3-bathroom villa offers the ultimate blend of luxury living and high-yield investment potential. Sold turnkey furnished, this property is fully optimized for short-term rentals, seasonal hosting, and a 1031 exchange. All 3 of the ensuite bedrooms feature independent lockout capabilities. Rent them as 3 separate units or one large 3 bedroom villa. This villa includes a rare private garage and in-unit laundry. Luxury amenities includes a great room with gas fireplace, breakfast bar, well appointed kitchen, and spa-like baths featuring walk-in showers and two with deep soaking tubs. Outdoor living features each bedroom opening directly to its own private patio overlooking pristine, manicured grounds, with swimming pool and mountain views. Legacy Villas is set amidst 44 acres of pet-friendly grounds 12 saltwater pools, an adult lap pool, zero entry family pool, 11 spas, clubhouse and fitness center with well-equipped gym, a hammock zone and fireside lounge. A walking and golf cart path leads to the adjacent La Quinta Resort. Prime location just minutes from world-class attractions including Indian Wells Tennis, Coachella & Stagecoach music festivals, championship polo grounds, and local favorites like Trader Joe's.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

4/10
La Quinta Middle SchoolGrades 6-81.4 mi
7/10
La Quinta High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 2005

Type & Style

  • Home type: Condo
  • Architectural style: Spanish Colonial
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Disposal,Exhaust Fan,Refrigerator,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Air Conditioning,Central Air

Interior Area

  • Total structure area: 1,706
  • Total interior livable area: 1,706 sqft

Property

Details

  • Parcel number: 658421021
  • Attached to another structure: Yes
  • Special condition: Standard
  • Other equipment: Cable

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Spa features: Community
  • Has view: Yes
  • View description: Desert,Mountain(s),Pool
  • Has water view: Yes

Parking

  • Total spaces: 1
  • Parking features: Garage - 1 Car
  • Has garage: Yes
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Landslide
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,837$46,044
Home Insurance *$212$2,544
Property Taxes $843$10,116
Electricity $398$4,786
Total$5,290$63,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,371/yr
40% on housing$158,700/yr
45% on housing$141,066/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$445This listing

vs Other Active Listings

Avg $/sqft

ZIP 92253$636
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92253$402
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$749,000
2026-07-10Listed for sale$759,000
2026-06-16Contingent$759,000
2026-06-08Listed for sale$759,000
2009-02-09Sold$320,000
2008-11-09Price change$339,000
2008-10-26Listed for sale$399,999

For Sale by Agent

AgentRichard Guelich
BrokerageCalNative Real Estate

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