27160 Shadowcrest Lane, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
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Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $470,000—positioned well below the $466,741 Fair Market Value by -0.7%. While the home is currently in a Fair Condition Rating due to its 1989 vintage, the 1,852-square-foot floor plan and gated community amenities offer significant upside for value-add renovations. Featuring Mountain Views and proximity to Rio Vista Elementary, this asset is well-suited for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27160 Shadowcrest Lane Subject | $470,000* List Price | 3 | 2 | 1,852 | $252 | - |
A 67690 Peineta Road Sold | $350,000 | 3 | 2 | 1,702 | $206 | 0.4 mi |
B 27133 Shadowcrest Sold | $440,000 | 3 | 2 | 1,549 | $284 | 0.1 mi |
C 67185 Ontina Road Sold | $400,000 | 3 | 2 | 1,549 | $258 | 0.3 mi |
D 67900 Ontina Active | $539,000 List Price | 4 | 2 | 2,029 | $266 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1989 (37 years old) and the kitchen appears original with dated 4x4 tile countertops and older cabinetry. Per the criteria, homes over 30 years old without significant renovations are classified as poor condition due to the need for a full rehab of major systems and finishes.
Located in the exclusive Shadow Crest community, the property offers a resort-style lifestyle with access to a community pool, spa, tennis courts, and professionally manicured grounds.
The 1,852-square-foot interior features an open layout with three bedrooms plus a versatile extra room, providing excellent utility for a home office or guest accommodations.
The home is ideally situated just minutes from downtown Palm Springs and offers easy access to the I-10 freeway, shopping, and schools, all while featuring desirable mountain views.
Built in 1989, the home may require updates to major systems or cosmetic modernizations to compete with newer builds in the Cathedral City area.
The $375 monthly association fee adds a significant fixed cost to the monthly budget, which may impact affordability for buyers sensitive to carrying costs.
Opportunity Knocks! Here's the only home for sale inside the renowned Gated community of Shadow Crest. Residence counts with 3-Bedrooms plus an extra room. 2-Full Baths, 2- Car Garage. Beautiful open floor plan with nice flooring throughout. Huge master bedroom with walk-in closet. Private and spacious backyard. The community offers great manicured grounds. Community Pool & Spa, BBQ Area and Tennis Courts. Great location, just minutes from vibrant Downtown Palm Springs!! Close to shopping centers, schools, movie theater and parks. Easy access to Freeway I-10. Nice home at a great price!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.8 mi
Grades K-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,852 | 1,810.5 |
| Lot Size | 7,405 | 8,276 |
| Price | $470.0K | $565.6K |
| Price per sq ft | $254 | $308 |
| Built year | 1989 | 1999 |
| HOA | $375.0 | $261 |
| Days on market | 35 | 67 |
Jun 17, 2026
$470,000
Initial Listing
Jul 30, 2012
$135,500
Public Record
Oct 30, 1997
$120,000
Public Record