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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.
Listing agent: WALID ZAFARI DRE #02032191 wally@club13re.com, Listing office: Southland Homes
MLS data updated 10/16/2026, 10:32:36 PM PT
Source: CRMLS, MLS #: IV26188197
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 22, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$699,000Original asking price · Aug 22, 2026ZIP 92253 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.