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54940 Inverness Way, La Quinta, CA 92253

$995K3bd · 4ba · 3,031 sqft
Lot 3,881 sqft•HOA $1075/mo•Condominium•
Active
•24d on market•MLS# 219152867

Property Description

Imagine starting your day with the tranquil beauty of the sun rising over a glistening lake, all from the comfort of your own back patio. This stylist Legend 40 home offers uninterrupted views and an ambiance that's nothing short of magical. Every detail in this home is crafted to captivate, from the sleek tile flooring that flows throughout to the timeless elegance of custom plantation shutters. The open-concept living area is designed for both relaxation and entertaining, featuring a warm fireplace, a stylish bar, and a spacious dining area perfect for hosting memorable evenings. The kitchen is a culinary haven--granite countertops, a functional island with a sink, rich wood cabinetry, stainless steel appliances, and pantry. It seamlessly connects to the family room, complete with custom built-ins that elevate both form and function. Escape to the luxurious primary suite, a private refuge with a generously sized walk-in closet and a spa-like ensuite that includes a soaking tub, dual vanities, and a walk-in shower. Guests will enjoy their own private sanctuary in the spacious guest suites, each featuring an ensuite bath. For those needing a dedicated workspace, the converted atrium offers the perfect blend of comfort and utility as a home office. Step outside to your private courtyard entry, framed by lush landscaping that creates a serene retreat. This area is also perfect for those dog lovers! Just steps away, the community pool and spa await for moments of relaxation. Move-in ready and offered fully furnished, this home is more than a place to live--it's a lifestyle waiting to be embraced.

Features & Amenities

PGA StadiumFeeBuilt 1986

Property Details

Subdivision
PGA Stadium
Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2.5
Garage Spaces
2.5
Heating
Central, Fireplace(s), Natural Gas
Cooling
Air Conditioning, Central Air
View
Lake, Water
Flooring
Carpet, Tile
Roof
Tile
City
La Quinta
Zip Code
92253
County
Riverside
Listed byCompass, Joe Vetrano·760-963-0587

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,031.26
Principal & Interest
Loan Amount
$796,000
Total Interest
$1,015,254
Total Payment Over 30 Years
$1,811,254
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About PGA Stadium

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

View PGA Stadium Listings

Comparative Market Analysis

Luxury Tier · 3 active · 5 closed

54940 Inverness Way, La Quinta, CA 92253

PGA Stadium · La Quinta · Condominium

$995K
Luxury Tier
Beds
3
Baths
4
Sqft
3,031
Lot
3,881 sqft
Year
1986
$/Sqft
$328
Pool: No✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 11.9% below the median closed sale of $1,130,000. Price per sqft ($328) is a 18% discount to closed comps ($399). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $995K· $328/sqft
Total list price
Closed comps
vs closed median $1.13M
−$135K (−11.9%)
Active comps
vs active median $939K
+$56K (+6.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $388
−$60 (−15.4%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
55395 Southern HillsLa Quinta1990342,5964,413$362$939,000677
54721 InvernessLa Quinta1988342,4723,485$364$899,000277
55053 SouthernLa Quinta1989343,0316,585$437$1.32M1470
Total: 3 · Average3.04.02,699.6674,827.667$387.667$1.05M7.333333333333333
Median2,596$939,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
54857 Inverness WayLa Quinta198709/22/2026343,0313,484$1.40M$1.27M$4210.9117880
54672 Inverness WayLa Quinta198907/16/2026243,0310$1.20M$1.13M$3730.947175
54652 Inverness WayLa Quinta198907/31/2026342,5963,049$1.10M$1.04M$4010.9510775
54673 Inverness WayLa Quinta198810/08/2026342,4723,112$875,000$855,000$3460.982975
54999 Southern HillsLa Quinta198909/30/2026343,0317,190$1.40M$1.38M$4540.991967
Total: 5 · Average2.84.02,832.24,208.75$1.14M$1.14M$399—80.8
Median3,031$1.13M$1.13M

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.