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

28944 Desert Princess Drive
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 28944 Desert Princess Drive, Cathedral City, California 92234 is currently available with a list price of $329,000. 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 move-in ready and features a recently remodeled kitchen with modern cabinetry, stone countertops, and stainless steel appliances. The bathrooms have been updated with contemporary vanities and tile work. While the building was constructed in 1986, the interior shows significant updates to flooring, light fixtures, and finishes, though it lacks the 'new construction' feel required for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Resort Amenities
The property is located in a 24-hour guard-gated community offering a 27-hole PGA golf course, tennis, pickleball, and a fitness center, with HOA dues covering cable, internet, and exterior maintenance.
- Modernized Interior and Views
This updated condo features a beautifully remodeled kitchen and offers serene, picturesque views of a tranquil pond and hills, providing a move-in-ready aesthetic.
- Strong Investment Potential
With a fantastic rental history as a vacation getaway, this property is a proven income-generator for investors looking to capitalize on the Cathedral City and Palm Springs tourism market.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The combined monthly expense of $954 in HOA dues and $218.89 in ground rent represents a significant recurring financial commitment for owners.
- Leased Land Considerations
The property is on a land lease expiring in 2069, which can sometimes complicate financing options and impact long-term appreciation compared to fee-simple ownership.
About 28944 Desert Princess Drive
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 1,725 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $954.0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Landau Elementary School
Grades K-5 • 0.7 mi
Rio Vista Elementary School
Grades K-5 • 1.0 mi
Agua Caliente Elementary School
Grades K-5 • 1.2 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 | 1,212 | 1,195 | 53% |
| Lot Size | 1,725 | 1,307 | 60% |
| Price | $329.0K | $290.0K | 75% |
| Price per sq ft | $271 | $243 | 75% |
| Built year | 1986 | 1985 | 53% |
| HOA | $954.0 | $570 | 71% |
| Days on market | 233 | 176 | 67% |
Pricing History
Listed for Sale
Jul 17, 2025
$329,000
Initial Listing





























