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

28944 Desert Princess Drive

Cathedral City, California 92234

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,212Sq Ft
1,725Lot Size

Property Price

LIST PRICE$329,000

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

Good
TeardownExcellent

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

5/10

Rio Vista Elementary School

Grades K-5 • 1.0 mi

6/10

Agua Caliente Elementary School

Grades K-5 • 1.2 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,2121,195
53%
Lot Size1,7251,307
60%
Price$329.0K$290.0K
75%
Price per sq ft$271$243
75%
Built year19861985
53%
HOA$954.0$570
71%
Days on market233176
67%

Pricing History

Listed for Sale

Jul 17, 2025

$329,000

Initial Listing

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