28648 W Natoma, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This Turnkey Resort Condominium is a High-Potential Investment Opportunity, listed at $219,000—positioned well below the $271,004 Fair Market Value by 19%. This significant valuation gap offers $52,004 in Instant Equity for a property boasting an Excellent Condition Rating following extensive modern renovations. Featuring stainless steel appliances, wood flooring, and dual mountain and lake views, the home provides a premium lifestyle within the gated Desert Princess community near Rio Vista Elementary. This is an ideal acquisition for Second-Home Buyers or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28648 W Natoma Subject | $219,000* List Price | 2 | 2 | 1,177 | $230 | - |
A 28640 W Natoma Drive Sold | $235,000 | 2 | 2 | 1,177 | $200 | 0.0 mi |
B 67170 W Chimayo Drive Sold | $242,000 | 2 | 2 | 1,177 | $206 | 0.5 mi |
C 67278 S Chimayo Drive Sold | $280,000 | 2 | 2 | 1,212 | $231 | 0.3 mi |
D 67232 W Chimayo Drive Sold | $260,000 | 2 | 2 | 1,212 | $215 | 0.5 mi |
E 67597 Lagos Way Sold | $265,500 | 2 | 2 | 1,212 | $219 | 0.2 mi |
F 28570 W Natoma Drive Active | $274,900 List Price | 2 | 2 | 1,177 | $234 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property has undergone an extensive recent renovation within the last 5 years. It features modern wood-style flooring, a fully updated kitchen with white shaker cabinetry, quartz countertops, and stainless steel appliances. The bathrooms are modernized, the HVAC system is recently replaced, and the unit is offered turnkey with contemporary fixtures and fresh paint, showing no signs of deferred maintenance.
The property is sold turnkey furnished with significant recent upgrades, including a new HVAC system, stainless steel appliances, and fresh paint, offering an immediate move-in or rental-ready opportunity.
Located within the Desert Princess Country Club, residents benefit from a robust HOA package including 24-hour gated security, fitness centers, tennis, pickleball, and exclusive access to a 27-hole PGA Championship golf course.
This unit features two distinct outdoor living spaces that provide a rare combination of mountain views from the front courtyard and serene lake views from the back patio.
The property is situated on a land lease expiring in 2069, which may complicate long-term financing options and impact future resale value as the lease term shortens.
The association fee of $995 per month represents a significant recurring expense that may deter budget-conscious buyers or impact the net yield for investment-focused purchasers.
Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living.Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests.Step outside and choose between two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency.Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course.Please note: the property is on a land lease expiring in 2069.Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 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 | 1,177 | 1,212 | 43% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $219.0K | $287.0K | 9% |
| Price per sq ft | $186 | $238 | 4% |
| Built year | 1985 | 1985 | 50% |
| HOA | $995.0 | $575 | 79% |
| Days on market | 55 | 179 | 7% |
Feb 26, 2026
$219,000
Initial Listing