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51407 Avenida Velasco, La Quinta, CA, 92253

$975,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,804 SqFt
$540/SqFt
House
Schools Nearby

Location

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51407 Avenida Velasco, La Quinta$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage, Guest, Gravel
Year Built1935
HeatingCentral
FireplaceLiving Room
ViewMountain(s)
Private PoolYes
MLS #24373719
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 51407 Avenida Velasco

The La Quinta dream, nestled on a sprawling lot with large pool, lush landscaping and unique storied charm. Built in 1935, highlighted in Maggie Gordons book on the Historic Casitas of La Quinta, and thoughtfully reimagined in 2018, this 3 bedroom 2 bath gem offers the rare opportunity to own a private compound in the La Quinta Cove. Pairing old Hollywood flair with the modern elegance of a relaxed private hideaway and defined by its classic Spanish Colonial Revival dash, this property wins your heart the second you enter through the gates and find yourself enchanted: by the instant feel of quintessential privacy and the way the house spreads out in front of you - a prototypical beauty, brimming with romantic timelessness and framed by the scent of orange blossoms, wild peppermint and sage. Step inside through the original Z-style entry door and discover the preserved stylish architectural details - such as classic Saltillo tiled flooring throughout, the wood-beamed vaulted ceiling in the living room, the dual fire place interconnecting living room and library, and the floor-to-ceiling french bi-fold that creates an effortless flow to the dreamy backyard. There is so much more about this peaceful oasis: the spacious en-suite main bedroom to relax and retreat with original hand painted tiled bathroom; the gourmet kitchen with a unique indoor-outdoor counter bar for entertainment with ease; and the spacious exterior, which offers more possibilities to recreate and reclaim that quintessential feel of savoir-vivre. There is a shaded outdoor dining table for intimate al-fresco dinners, framed by bougainvilleas and drought resistant landscaping; a breakfast or coffee area by the olive tree; a fruit producing 50 year old grape vine; an outdoor shower, and a gorgeous 42 feet saline pool with spa and water features that adds to this casita's promise of perfection. A large double garage is a bonus that is ready to be turned into guest quarters, additional bedrooms, a light filled artist studio or private gym for example. Situated at the desirable bottom of the Cove, a short stroll away from coffee shops, bars and restaurants of Old Town La Quinta, and minutes from world class hiking trails by the foothills of the Santa Rosa Mountain range. Close to California's most beautiful golf courses, the PGA West, the Tennis Garden, music festivals such as Coachella and Stagecoach, and all that La Quinta's best and the vibrant Coachella Valley with adjacent Palm Springs has to offer. Updated to modernize yet kept historic integrity of original design throughout. A true jewel of the desert. Perfect as a second home for those who seek the warm and sunny California weather during winter times, or as permanent residence. Must see. Easy to show. (Also available fully furnished outside of escrow). For all inquiries and offer guidelines, contact LA1 call/text.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,804 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Corina Danckwerts

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer
  • Flooring Type: Tile
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Parking: Door-Multi, Garage, Guest, Gravel

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Drive down Washington Blvd, turn right onto Eisenhower, proceed to Avenida Montezuma, turn right and then left onto Avenida Velasco

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $540/SqFt

Tax Information:

  • Annual Amount: $5,945
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in La Quinta, CA.

Med. Sold Price

$803.2K

Med. Price/SqFt

$390

Avg. Days On Market

65

# of Sold Homes

116

51407 Avenida Velasco vs La Quinta

45 DAYS ON ROCKET

-20 Days

$975,000

+$171.7K More

$540/SqFt

+$150 More

KEY TAKEAWAY

This property is $171.7K more than the Median Sold Price and $150/SqFt more than other homes in La Quinta, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24373719

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Corina Danckwerts

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 5:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 02, 2018Home Sold
$420,000
Jun 30, 2008Home Sold
$389,000
Jul 01, 1989Home Sold
$113,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,945$432,838
2020$5,945$428,400
2018$3,904$284,000
2017$3,692$279,000

History based on county public records data.

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$4,934

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2097491
5
/10
  • Benjamin Franklin Elementary School

  • 77800 Calle Tampico

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-2097492
3
/10
  • Harry S. Truman Elementary School

  • 78870 Avenue 50

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-2097493
6
/10
  • Amelia Earhart Elementary School of International

  • 45250 Dune Palms Rd

  • 3.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,071. Residents of La Quinta, CA typically earn between $35k-100k each year. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51407 Avenida Velasco

What is the listing price of this property?

The listing price of 51407 Avenida Velasco property is $975,000.

What type of property is this?

The property 51407 Avenida Velasco is a house located in La Quinta, California, 92253.

Is this property for sale now?

Accepting Backup Offers: 51407 Avenida Velasco is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,945 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 2, 2018 for $420,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 51407 Avenida Velasco has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 51407 Avenida Velasco is 1,804 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 51407 Avenida Velasco is 1935.

Rocket HomesCaliforniaRiverside CountyLa Quinta9225351407 Avenida Velasco

This home is located at 51407 Avenida Velasco in La Quinta, CA and zip code 92253 in the La Quinta Cove neighborhood. This 1,804 square foot home, which was built in 1935, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $975,000.

In April 2024, from all listings sold in La Quinta, CA there were more than 18 sold above asking price, over 83 sold below and more than 15 were sold right at the asked price. The number of listings in La Quinta, CA increased by 4.9% between March 2024 and April 2024. In April 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $803,264.

From Rocket Homes Real Estate and based on county public records data.

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