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28944 Desert Princess Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath

28944 Desert Princess Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$329,000
28944 Desert Princess Drive, Cathedral City, California 92234
2Beds
2Baths
1,212Sqft
1,725Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Community Amenities: Access to a 27-hole PGA Championship golf course with owner benefits, Health and Fitness Center, tennis, bocce ball, pickleball, and multiple pools/spas.
Top Cons:
Land Lease Structure: The property is subject to a land lease until 2069, incurring an additional monthly ground rent of $218.89, which impacts long-term ownership and potential appreciation.

Compared to the nearby listings

Price:$329.0K vs avg $300.0K (+$29,000)64%
Size:1,212 sqft vs avg 1,212 sqft50%
Price/sqft:$271 vs avg $24969%

More Insights

Built in 1986 (39 years old).
Condition: The property, built in 1986, features a recently remodeled kitchen with modern appliances, granite countertops, and updated lighting, which is a strong positive. However, the bathroom is significantly outdated with original-style tiled countertops, brass fixtures, and a gold-framed shower enclosure, indicating it has not been updated in many years. While the rest of the condo appears well-maintained with neutral paint and clean flooring, the stark contrast between the updated kitchen and the very dated bathroom, along with the property's age, places it in the 'Fair' category. It is functional but requires minor updates, specifically to the bathroom, to meet current aesthetic standards.
Year Built
1986
Close
-
List price
$329K
Original List price
$329K
Price/Sqft
$271
HOA
$954
Days on market
-
Sold On
-
MLS number
219132858DA
Home ConditionFair
Features
Good View: Hills, Pond
Patio
ViewHills, Pond

About this home

Get ready to wake up to the breathtaking, serene sunrise over a tranquil pond in this updated 2-bedroom condo! Imagine sipping your morning coffee while soaking in the peaceful vibes this oasis has to offer. Steps to the pool/spa, you'll be living the dream in no time. This beauty isn't just a pretty face--it's got a fantastic rental history as a vacation getaway, making it a wise investment for those looking to dip their toes into the rental market. Plus, the remodeled kitchen is not just beautiful; it's perfect for whipping up delightful meals after a day of fun in the sun. Don't let this slice of paradise slip away!Land lease to 2069, monthly ground rent is $218.89.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.

Nearby schools

5/10
Landau Elementary School
Public,•K-5•0.7mi
6/10
Rio Vista Elementary School
Public,•K-5•1.0mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.2mi
5/10
James Workman Middle School
Public,•6-8•2.3mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi
6/10
Cathedral City High School
Public,•9-12•3.0mi
Condition Rating
Fair
The property, built in 1986, features a recently remodeled kitchen with modern appliances, granite countertops, and updated lighting, which is a strong positive. However, the bathroom is significantly outdated with original-style tiled countertops, brass fixtures, and a gold-framed shower enclosure, indicating it has not been updated in many years. While the rest of the condo appears well-maintained with neutral paint and clean flooring, the stark contrast between the updated kitchen and the very dated bathroom, along with the property's age, places it in the 'Fair' category. It is functional but requires minor updates, specifically to the bathroom, to meet current aesthetic standards.
Pros & Cons

Pros

Exceptional Community Amenities: Access to a 27-hole PGA Championship golf course with owner benefits, Health and Fitness Center, tennis, bocce ball, pickleball, and multiple pools/spas.
Strong Rental Income Potential: The property boasts a fantastic rental history as a vacation getaway, making it a wise investment opportunity.
Comprehensive HOA & Security: Located within a gated community with 24-hour guard access, and HOA fees cover extensive services including cable, high-speed internet, grounds maintenance, and outside water.
Scenic Pond & Hills Views: Offers breathtaking, serene sunrise views over a tranquil pond and picturesque hill vistas.
Updated Interior & Remodeled Kitchen: The condo features an updated interior, highlighted by a beautifully remodeled kitchen, enhancing its modern appeal and functionality.

Cons

Land Lease Structure: The property is subject to a land lease until 2069, incurring an additional monthly ground rent of $218.89, which impacts long-term ownership and potential appreciation.
High Monthly Association Fees: The monthly HOA fee of $954.00 is substantial, representing a significant recurring expense, even with the comprehensive services included.
Older Construction: Built in 1986, the property's underlying structure is older, which despite updates, may present potential for age-related maintenance issues not covered by HOA in the long run.

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