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51520 Avenida Montezuma, La Quinta, CA 92253

$699K3bd · 4ba · 2,144 sqft
Lot 10,454 sqft•Single Family Residence•
Active
•67d on market•MLS# IV-26188197

Property Description

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.

Features & Amenities

La Quinta CoveFeeBuilt 2000

Property Details

Subdivision
La Quinta Cove
Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Cooling
Central Air
View
Mountain(s)
City
La Quinta
Zip Code
92253
County
Riverside
Listed bySouthland Homes, WALID ZAFARI

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About La Quinta Cove

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

View La Quinta Cove Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

51520 Avenida Montezuma, La Quinta, CA 92253

La Quinta Cove · La Quinta · Single Family Residence

$699K
Residential Tier
Beds
3
Baths
4
Sqft
2,144
Lot
10,454 sqft
Year
2000
$/Sqft
$326
Pool: No✓
View: mountain✓
Garage: 3-car✓

Listed 9.2% above the median closed sale of $640,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $699K· $326/sqft
Total list price
Closed comps
vs closed median $640K
+$59K (+9.2%)
Active comps
vs active median $729K
−$30K (−4.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $389
−$63 (−16.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
51630 Avenida VillaLa Quinta2025342,0565,227$309$635,0007282
53025 Avenida VallejoLa Quinta1970321,9369,583$380$735,0001175
53220 Avenida JuarezLa Quinta1993331,7795,227$410$729,0002775
53305 Avenida MaderoLa Quinta2001321,6917,405$381$645,0001675
51705 Avenida NavarroLa Quinta2023331,7164,792$466$799,0002374
Total: 5 · Average3.02.81,835.66,446.8$389.2$708,60029.8
Median1,779$729,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
51540 Eisenhower StreetLa Quinta199509/21/2026331,99510,019$719,900$650,000$3260.9018985
77265 Calle SonoraLa Quinta200206/26/2026321,6975,227$624,900$595,000$3510.9512179
51605 Avenue CarranzaLa Quinta199006/11/2026321,5344,792$640,000$640,000$4171.00074
51735 Avenida VallejoLa Quinta196504/28/2026332,12510,019$550,000$625,000$2941.143974
77405 Calle SonoraLa Quinta199305/27/2026321,6525,227$747,000$660,000$4000.886774
Total: 5 · Average3.02.41,800.67,056.8$634,000$634,000$357.6—83.2
Median1,697$640,000$640,000

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.