28740 Desert Princess Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
Loading property details...
Cathedral City, California 92234
This Renovated Single-Level Condominium is listed at $365,000, representing a premium lifestyle acquisition within the Desert Princess Country Club relative to its $320,070 Fair Market Value. Boasting a Condition Rating of 3, the home features a Modern European Renovation with 10.5-foot ceilings and updated stainless appliances. Residents access elite amenities including 35 swimming pools, PGA Championship Golf, and the Palm Springs Unified School District. With Short-Term Rentals permitted, this is a versatile asset for Vacation Rental Investors or Seasonal Homeowners seeking a turnkey desert oasis.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28740 Desert Princess Drive Subject | $355,000* List Price | 3 | 2 | 1,285 | $251 | - |
A 67216 S Chimayo Sold | $255,000 | 3 | 2 | 1,285 | $198 | 0.5 mi |
B 28738 W Natoma Drive Sold | $275,000 | 2 | 2 | 1,177 | $234 | 0.3 mi |
C 67825 N Portales Drive Sold | $275,000 | 2 | 2 | 1,212 | $227 | 0.3 mi |
D 67278 S Chimayo Drive Sold | $280,000 | 2 | 2 | 1,212 | $231 | 0.5 mi |
E 67597 Lagos Way Sold | $265,500 | 2 | 2 | 1,212 | $219 | 0.3 mi |
F 29161 Isleta Court Active | $309,900 List Price | 3 | 2 | 1,285 | $241 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a recent cosmetic renovation. It includes new wood-look laminate flooring throughout, updated stainless steel kitchen appliances, and fresh paint with a modern European-inspired aesthetic. While the cabinetry in the kitchen and bathrooms retains an older profile, they have been refreshed with paint and new hardware. The 1986-built home has been well-maintained with updated light fixtures and a clean, contemporary feel.
Located within the Desert Princess Country Club, the property offers access to a 27-hole PGA golf course, 35 swimming pools, a full-service spa, and extensive sports facilities, providing a premium lifestyle experience.
The HOA allows short-term rentals, a rare and highly valuable feature in the Palm Springs area that makes this property an ideal choice for vacation rental investors.
The interior has been newly renovated with a European-inspired design and features impressive 10.5-foot ceilings, offering a sophisticated and spacious feel compared to standard units.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At $954 per month, the association fees are significantly high, which may impact the overall affordability and net cash flow for potential investors.
With a lot size of only 1,742 square feet, the property offers very little private yard space, which may be a drawback for buyers seeking personal garden areas or outdoor privacy.
Prime Location in a Gated Community – Desert Princess Country Club in Palm Springs. Welcome to your newly renovated desert 3 br/2 ba single-level oasis, ideally situated in one of the safest and most sought-after gated communities. Whether you're seeking a year-round residence or a luxurious vacation retreat, this stunning home offers the perfect blend of comfort, elegance, and convenience. Inside, you'll find a beautifully curated interior inspired by European design with 10.5" ceilings. Each space has its own unique character. HOA allows Short-term rent! Residents 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!
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 | 3.0 | 2.0 | 79% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,285 | 1,212 | 54% |
| Lot Size | 1,742.4 | 1,307 | 76% |
| Price | $355.0K | $289.5K | 81% |
| Price per sq ft | $276 | $239 | 82% |
| Built year | 1986 | 1985 | 51% |
| HOA | $954.0 | $575 | 69% |
| Days on market | 33 | 179 | 3% |
Apr 11, 2026
$355,000
$365,000
-3% Price Drop
Initial Listing
Mar 20, 2026
$365,000
Initial Listing