28740 Desert Princess Dr, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath

28740 Desert Princess Dr, Cathedral City, California 92234 home-pic-0
ACTIVE$399,000
28740 Desert Princess Dr, Cathedral City, California 92234
3Beds
2Baths
1,285Sqft
1,742Lot
Year Built
1986
Close
-
List price
$399K
Original List price
$415K
Price/Sqft
$311
HOA
$954
Days on market
-
Sold On
-
MLS number
250035297SD
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $399.0K(82th), sqft - 1285(56th), beds - 3(68th), baths - 2(50th).

Location! Location! You will fall in love with this tranquil and private 3 br/2 ba single-level house with no one above or below, inside laundry, 1-car detached garage and front and largest in the community rear patio. East facing patio provides cool afternoon shade. Front patio has afternoon sun and view of Mt. San Jacinto. The interior has been remodeled with modern finishes, Tons of storage, large walk-in closets and garage with opener. New dishwasher, water heater, refrigerator, and washer/dryer, and HVAC system just serviced. Includes most furnishings per seller inventory. Welcome to this prestigious gated and guarded Desert Princess community to live in it for the next decades or you can also turn it into an ideal investment as a short-term rental. About a year ago, the HOA undertook important upgrades to the property’s infrastructure. They replaced all the pipes and electrical wiring to ensure safety and reliability. At the same time, the HOA took care of gutter cleaning, keeping the drainage system clear and functioning well. Additionally, two years ago, the house received a fresh coat of paint and new stucco on the exterior, giving it a clean, updated look. A new roof covering was also installed at that time, further protecting the home from weather elements. These improvements not only enhance the home’s appearance but also contribute to its long-term maintenance and value Residents of the Desert Princess benefit from a pay-as-you-play 27-hole PGA championship golf course, a recreation and fitness center with state-of-the-art equipment, 9 Plex Pave open tennis courts, basketball, racquetball, bocce, pickleball courts, a health and fitness center, walking trails, a clubhouse, a full-service spa, dining, 35 swimming pools throughout the community and direct access to the Double Tree resort and more. Not to forget all the amenities nearby, and the Palm Springs International airport at a short drive of 10 minutes, Downtown Palm Springs, exquisite shopping, vintage boutiques, and renowned restaurants are just a handful of the attractions that are conveniently located nearby! Beautiful, unique & private location! This lovely 3BR/2BA is crisp & clean and move-in ready! Never been rented and immaculately kept! Generous storage thru-out! Steps to the pool and a short stroll to the country club, fitness center and sports courts! A must see! Desert Princess offers a 27-hole PGA Championship golf course, beautifully maintained year-round! Member golf rates one of the best in the valley! HOA includes Social Membership to the active club w/no monthly minimums, Tennis & Fitness Membership, Cable + HBO/Showtime, Ext building maintenance, Ext Insurance, Ext water, 24-hr patrol, 33 pools & spas! DPCC is conveniently located mins away from PS Airport, Downtown Palm Springs w/wonderful restaurants, shopping, hiking & nightlife, Rancho Mirage & Palm Desert! The monthly HOA fee now includes cable and internet and your Social Membership to the country club with 20% off food (no monthly minimums) and many more luxurious amenities. The land lease has been extended to 2069.

Nearby schools

6/10
Rio Vista Elementary School
Public,K-50.8mi
5/10
Landau Elementary School
Public,K-50.9mi
4/10
Agua Caliente Elementary School
Public,K-51.3mi
5/10
James Workman Middle School
Public,6-82.3mi
4/10
Desert Learning Academy
Public,K-122.9mi
6/10
Cathedral City High School
Public,9-123.1mi

Price History

Date
Event
Price
09/26/25
Price Change
$399,000-1.5%
08/12/25
Price Change
$405,000-2.4%
08/02/25
$415,000
Condition Rating
Excellent

Despite being built in 1986, this property has undergone extensive and recent renovations within the last 1-2 years. This includes significant infrastructure upgrades such as new pipes, electrical wiring, a new roof, and new exterior stucco and paint. Key appliances (dishwasher, water heater, refrigerator, washer/dryer) are new, and the HVAC system has been serviced. The interior features modern finishes, including updated laminate flooring throughout, and is described as 'crisp & clean and move-in ready.' The comprehensive nature and recency of these major renovations bring the property's overall condition to a very high standard, aligning with the 'extensively renovated within 5 years' criteria with virtually new major components and no deferred maintenance.
Pros & Cons

Pros

Extensive Community Amenities: Located within the prestigious gated Desert Princess community, offering a 27-hole PGA championship golf course, state-of-the-art fitness center, numerous sports courts (tennis, basketball, racquetball, bocce, pickleball), 35 swimming pools, a full-service spa, dining, and direct access to the Double Tree resort.
Significant Recent Infrastructure Upgrades: The HOA recently replaced all pipes and electrical wiring, installed a new roof covering, applied fresh exterior paint and stucco, and performed gutter cleaning, ensuring enhanced safety, reliability, and reduced immediate maintenance concerns.
Move-in Ready with Modern Interior: The interior has been remodeled with modern finishes, includes new appliances (dishwasher, water heater, refrigerator, washer/dryer), a recently serviced HVAC system, and is described as 'crisp & clean and move-in ready,' with most furnishings included.
Strong Investment Potential: The property is explicitly highlighted as an 'ideal investment as a short-term rental,' offering versatility for personal use or income generation, and has been immaculately kept without prior rental history.
Comprehensive HOA Inclusions: The monthly HOA fee covers a social membership with no minimums, tennis and fitness memberships, cable, HBO/Showtime, exterior building maintenance, exterior insurance, exterior water, 24-hour patrol, and access to 33 pools & spas, providing significant value and convenience.

Cons

Land Lease Property: The property is subject to a land lease, which, while extended to 2069, is not fee simple ownership and can impact financing options and long-term appreciation compared to owned land.
High Monthly HOA Fees: The monthly HOA fee of $954.0 is substantial, representing a significant recurring cost for the owner, despite the extensive amenities and services included.
Listing Price Exceeds Estimated Value: The current listing price of $399,000 is considerably higher than the estimated property value of $353,527.5, which could pose challenges during appraisal and may deter buyers seeking immediate equity.

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