$3,400,000
●
House -
Off Market
53330 Del Gato Drive
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,717 Ft²
$3,978,149
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Panoramic mountain and fairway views from one of the best lots in
Tradition! The impressive entrance to this home is like no other at
Tradition. Enter through handsome Iron gates, over an arched
bridge, and behold a magical view of the Santa Rosa Mountains.
This light and bright home has everything you could imagine.
Newly painted inside and out, heated flooring, indoor & outdoor
vacuum systems, covered outdoor walkways, his & her offices, wine
cellar, the list goes on and on. The perfect family home with 4
bedrooms including a casita with living room, and murphy bed in
office for guests. Highest quality finishes & workmanship
throughout, including hewn hardwood beams, gorgeous natural
stonework throughout & gourmet kitchen with top appliances.
Meticulous owners maintain to perfection. Located on the 12th
fairway with stunning pool and flowing stream. Home is offered
unfurnished, but furniture is available for purchase. The 2
chandeliers in living room are not included in purchase price.
Unit Size
4,717 Ft²
Days on Market
43 days
Land Size
0.42 acres
Price per sqft
$721
Property Type
House
Property Taxes
-
HOA Dues
$500
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #219061479DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Listed | $4,670,000 | |
| Listed | |||
| | |||
|
Sweeping mountain and fairway views from a premium lot in the magnificent Tradition Golf Club! Enter through an impressive wrought iron gate and over a storybook bridge into a charming courtyard with wishing well fountain. 4 bedrooms (including a large casita with living room), 4 baths + plus powder room, in a spacious 4,717 SF. The grand great room has a stone and granite wetbar, perfect for gathering, hand hewn wood beam ceilings and a cozy fireplace. The gourmet kitchen is a cook's dream with granite slab counters, premium appliances and a sunny morning room. Additional home features include a formal dining room, wine cellar, dual offices, radiant heat, indoor and outdoor central vac system and much more. The sumptuous primary suite has an intimate seating area with fireplace and a luxurious bath. The outdoor entertaining area wows you with a stunning pool and spa, flowing stream, covered outdoor dining with fireplace and built-in bbq, multiple conversation areas and inspiring views of the 12th fairway and Santa Rosa mountains. Furnishings are negotiable. Welcome home to Tradition!
| |||
| Jun 15, 2021 | Sold | ||
| Sold | |||
| May 3, 2021 | Listed by Tradition Properties | $3,400,000 | |
| Listed by Tradition Properties | |||
| Oct 27, 2019 | No longer available | - | |
| No longer available | |||
| Aug 5, 2019 | Relisted | $2,895,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About La Quinta
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Listed by: Bill Albers, Tradition Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061479DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061479DA
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