28738 W Natoma Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
28738 W Natoma Drive
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 28738 W Natoma Drive, Cathedral City, California 92234 is currently available with a list price of $289,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Cathedral City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant recent upgrades that exceed the typical standards for its 1985 build year. Key improvements include a brand-new HVAC system (2024), a remodeled kitchen with newer cabinetry and stainless-steel appliances, and updated bathrooms. The interior features consistent 18x18 tile flooring and modern California shutters throughout, indicating that major systems are well-maintained and functional within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The property features a brand-new HVAC system installed in 2024, a fully remodeled kitchen with stainless steel appliances, and updated bathrooms, ensuring a move-in-ready experience with minimal immediate capital expenditure.
- Premium Resort Amenities
Located in the Desert Princess community, residents benefit from 24-hour guard security, a fitness center, tennis, and pickleball, with HOA dues conveniently covering high-speed internet, cable, and exterior maintenance.
- Superior Views and Positioning
The condo offers stunning southeast mountain and fairway vistas from the patio while being situated in a desirable 'no-golf ball zone,' providing scenic beauty without the typical risks of golf course living.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The combination of a $995 monthly HOA fee and a $186.94 land lease payment results in over $1,180 in monthly non-mortgage expenses, which may challenge the budget of some buyers.
- Leasehold Ownership
The property is on a land lease rather than fee simple ownership; while the lease is extended to 2069, the requirement for monthly ground rent can be a deterrent for traditional real estate investors.
About 28738 W Natoma Drive
LARGE REDUCTION TO SELL NOW! Bright & Modern 2-Bedroom Condo with Stunning Southeast Views from the patio with mountain vistas and the Arroyos fountain from the front entry.Enjoy beautiful water and fairway scenery from this light-filled, remodeled condo in Desert Princess. The spacious park-like setting is perfect for grandchildren to play safely in a no-golf ball zone, protected from the wind.Features include: HVAC replaced in 2024 Neutral 18x18 tile flooring throughout Remodeled kitchen with newer cabinets and stainless-steel appliances Updated bathrooms Newer washer and dryer White California shutters throughoutPet owners will appreciate the secure gated front courtyard, and the drywalled garage offers added shelves and a stand-alone cabinet for extra storage. Located just steps from the pool in the heart of Desert Princess, this home combines comfort, style, and convenience.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, and 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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $995.0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Landau Elementary School
Grades K-5 • 0.9 mi
Rio Vista Elementary School
Grades K-5 • 1.0 mi
Agua Caliente Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,177 | 1,180 | 49% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $289.0K | $290.0K | 49% |
| Price per sq ft | $246 | $243 | 53% |
| Built year | 1985 | 1985 | 50% |
| HOA | $995.0 | $570 | 84% |
| Days on market | 109 | 171 | 15% |
Pricing History
Listed for Sale
Mar 5, 2026
$289,000
$309,000
-6% Price Drop
Initial Listing
Price Change
Jan 7, 2026
$309,000
$329,000
-6% Price Drop
Initial Listing
Price Change
Nov 18, 2025
$329,000
Initial Listing