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78085 Avenida La Fonda, La Quinta, CA 92253

Commercial property

78085 Avenida La Fonda, La Quinta, CA 92253 Sold August 2026 CRMLS
$4,500,000Sold August 2026

Listing Agent: Mathew Thomas (DRE #02096128) · Listing Office: LHC Commercial · Contact: 310-963-7334 · Bought with: Mathew Thomas · LHC Commercial · MLS #JT25011608 · Source: CRMLS

8,000
Building Sq Ft
7,405 sqft
Lot Size
1980
Year Built
Commercial property
Type

How this sale compares

78085 Avenida La Fonda sold for $4,500,000 in August 2026, 36% under its $7,000,000 list price, after 453 days on the market. It was first listed at $8,000,000.

453
Days on market
−36%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

Once in a lifetime opportunity in the heart of LaQuinta! One building approximately 8,000 square feet which is an operating restaurant, with an additional building of approximately 1,500 square feet, and a total of 13 lots taking up almost all of an entire city block. Ready to be developed into a hotel, or high-end condominiums, or a hybrid of hotel/retail with the restaurant. See additional attachments.

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$4,500,000
Sold August 2026 · listed $7,000,000, orig. $8,000,000, on market January 2025, 453 days on market · MLS #JT25011608 · Source: CRMLS
Listing Agent: Mathew Thomas · Listing Office: LHC Commercial · Contact: 310-963-7334 · Bought with: Mathew Thomas · LHC Commercial
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