28486 Taos Court, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This Condominium is a Prime Investment Opportunity, listed at $269,000—positioned well below the $276,338 Fair Market Value by 2%. This valuation gap offers $7,338 in Instant Equity. Featuring an updated kitchen, newer HVAC, and wide-open golf course views, the property maintains a Condition Rating of 3. With an extended land lease to 2069 and resort-style amenities, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey desert residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28486 Taos Court Subject | $269,000* List Price | 2 | 2 | 1,212 | $228 | - |
A 28738 W Natoma Drive Sold | $275,000 | 2 | 2 | 1,177 | $234 | 0.2 mi |
B 67619 N Portales Drive Sold | $289,000 | 3 | 2 | 1,285 | $225 | 0.2 mi |
C 67825 N Portales Drive Sold | $275,000 | 2 | 2 | 1,212 | $227 | 0.3 mi |
D 28388 Desert Princess Drive Sold | $320,000 | 2 | 2 | 1,212 | $264 | 0.1 mi |
E 28621 E Portales Drive Sold | $215,000 | 2 | 2 | 984 | $218 | 0.3 mi |
F 67488 Toltec Court Sold | $320,000 | 2 | 2 | 1,285 | $249 | 0.2 mi |
G 28667 Taos Court Pending | $335,000 List Price | 2 | 2 | 1,212 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1986, it has been well-maintained with key updates including a renovated kitchen, newer appliances, and a newer HVAC system. The interior features updated tile and laminate flooring, making it move-in ready and consistent with a 5-15 year renovation cycle.
The property features an updated kitchen with newer appliances and a recently replaced HVAC system, offering immediate move-in readiness and long-term mechanical reliability in a desert climate.
With the land lease extended to 2069, this property offers significantly better financing options and long-term investment security compared to many other leasehold properties in the Coachella Valley.
Residents benefit from a robust HOA package including 24-hour guard gate security, 34 pools/spas, and access to premium golf and fitness facilities, epitomizing the desert resort lifestyle.
The combined cost of the $995 monthly HOA fee and the $186.94 ground rent creates a substantial monthly overhead that may impact buyer affordability and debt-to-income ratios.
Unlike many competing vacation-style condos in the area, this unit is sold unfurnished, requiring additional capital and effort from the buyer to make the space livable or rental-ready.
Updates make this the perfect condo for anyone who wants to be located in the beautiful Desert Princess Country Club. This home features an updated kitchen, newer appliances and HVAC (for comfort and peace of mind) the location is on a quiet cul-de-sac street in the middle of the complex. New dishwasher, newer refrigerator, microwave, and glass-top range add to the modern feel. Tile and laminate flooring throughout make for easy living and maintenance.Enjoy wide open east-southeast views of the course and hills. Relax on your patio and enjoy a meal using a gas BBQ that is less than 1 year old. Whether you're looking for the perfect home away from home or a full-time residence, Desert Princess has it all with golf, tennis, 34 pools/spas, a fitness center, and resort-style living! This property is being sold unfurnished.The Land lease has been extended to 2069 - Monthly Ground Rent is $186.94.HOA DUES INCLUDE: 2 DVR or HD Cable boxes and service, High Speed Internet, grounds maintained to your door by HOA ground maintenance crew, outside pest control when requested, outside water, (you pay only for inside water). Gated community with 24 hour guard gate access, membership to Health and Fitness Center, Tennis, Bocce Ball, Pickleball. Discounts and preferred tee-times for owners at the Desert Princess 27-hole PGA Championship golf course, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,212 | 1,335 | 42% |
| Lot Size | 1,730 | 1,307 | 64% |
| Price | $269.0K | $290.0K | 28% |
| Price per sq ft | $222 | $233 | 42% |
| Built year | 1986 | 1985 | 54% |
| HOA | $995.0 | $593 | 80% |
| Days on market | 24 | 208 | 1% |
May 13, 2026
$269,000
Initial Listing