This incredible property abounds of Spanish charm with architecture reminiscent of the famed La Quinta Resort and Club. This 7,162 square foot sprawling and ultra-private property is situated on 0.72acres in the La Quinta Cove. Situated on five lots and consisting of two separate dwellings (Large main home and guest home). Enjoy the hiking trails just behind the property or take a bike ride to old town. Supreme privacy and peaceful grounds. Property Highlights: Combined 8 bedroom estate, lot size 31,364sqft, 5-car garage, short term rentals permitted.Substantial investment opportunity! Current yearly tenant pays $168,000 with 3% annual increase to owner. All surplus earnings go directly to current tenant.
MLS# | 219038060DA |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1992 |
Days On Site | 387 |
Bed(s) | 8 |
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Bath(s) | 9 Total |
SQ Feet | 7,162 |
Garage | 5 |
Story(s) | 1 Story |
Acreage | 0.72 |
Property View | Yes |
Area Information | |
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State | CA |
County | Riverside |
City | La Quinta |
Zip Code | 92253 |
Area | 313 - La Quinta South of HWY 111 |
Community Name | La Quinta Cove |
Listing VS Median (in La Quinta Cove) | |
Price: $2,595,000 low | high Med: $315,000 SqFt: 7,162 low | high Med: 1,282 $ / SqFt: $362 low | high Med: $246 On Site: 387 low | high Med: 452 |