According to Josh Reef of Douglas Elliman, who listed the property Wednesday, the villa has 4,889 square feet of interior space, including four bedrooms and five bathrooms.
there's a large living room and a stone fireplace, a dining room, a kitchen with wood cabinets, a center island with stone, a breakfast room, and a wine cellar.
In 2010, Mr. Stallone, 73, an actor, screenwriter, director, and painter, bought the property for $4.5 million through a trust, according to property records.
In 2014, he listed it for $4.2 million. The home has been on and off the market at different prices since then. Listed at $3.625 million in 2016, it was taken off the market in 2016.
There are multiple terraces, a pool and spa, and a built-in firepit outside on the 0.45-acre property.
The villa occupies the largest lot among all villas in La Quinta, Mr. Reef said. In the backyard, there is a burbling creek.