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La Quinta's Andalusia at Coral Mountain Offers Up an REO

Whenever a bank-owned home appears on the market in one of La Quinta's luxury country club communities, you can usually count the days until it's snapped up by savvy buyers.

If you are intrigued with La Quinta's luxurious Andalusia at Coral Mountain, here's an opportunity to pounce. This Baena floorplan—the second largest of the six floorplans offered—boasts 3059 square feet, three bedrooms and four baths.

Andalusia bank-owned homeThe rectangular great room incorporates a sumptuous granite-slabbed kitchen with high-end appliances (the fridge is still there, rare for an REO) and 15' ceilings with clerestory windows. The formal dining room—with double-sided fireplace—has been wired if you wish to turn it into a media room or office.

Andalusia bank-owned home

A cobblestoned driveway hints at the high-end touches within. Separated garages offer both double-car and golf-cart storage.

Andalusia bank-owned homeUpon entry into the impressive foyer, your eye is immediately drawn through the home to the sweeping vista peeking beyond the floor-to-ceiling stacking sliders.

Once outside on the grand deck—punctuated by flagstone-accented Pebble Tec pool and raised spa—there's a 180° southwest vista encompassing lake, fairway and Santa Rosa Mountains. It's truly breathtaking.

Andalusia bank-owned homeThe spacious master suite is accorded the same stellar views and the bath offers up a jetted oval tub mirrored by an oval paned window.

This grand home was originally on the market in 2007 for $2M. It is now bank-owned and priced to sell quickly at $849K ($27/sf). That's a cool 58% reduction in value in just four years.

HOAs at Andalusia are $636 and include clubhouse/fitness/dining amenities. There's no social initiation fee either.

Here's the 180° view from the backyard from left to right:

Andalusia bank-owned home

Andalusia bank-owned home

Andalusia bank-owned home

Read my description of Andalusia at Coral Mountain and let me know if you'd like to explore the possibility of owning a home in this amazing La Quinta country club.

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Posted Monday Jan 16