29136 W Laguna Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 3 bath
29136 W Laguna Drive
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 29136 W Laguna Drive, Cathedral City, California 92234 reveals a Fairly Priced Property with a current list price of $555,000 aligned with the estimated $555,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29136 W Laguna Drive Subject | $555,000* List Price | 2 | 3 | 1,975 | $281 | - |
A 67384 Zuni Court Sold | $570,000 | 3 | 3 | 1,951 | $292 | 0.2 mi |
B 67954 S Trancas Drive Sold | $500,000 | 3 | 4 | 2,117 | $236 | 0.7 mi |
C 67475 N Laguna Drive Sold | $560,000 | 3 | 3 | 1,870 | $299 | 0.1 mi |
D 67685 Garbino Road Sold | $500,000 | 3 | 2 | 1,718 | $291 | 1.0 mi |
E 67607 S Natoma Drive Active | $665,000 List Price | 2 | 3 | 1,905 | $349 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2003, this property is 21 years old but appears exceptionally well-maintained and move-in ready. The description highlights 'upgraded baths,' which are confirmed by images showing tiled showers, modern vanities with granite/laminate countertops, and contemporary fixtures. The kitchen features stainless steel appliances and dark granite countertops, though the light wood cabinetry style is a bit dated. Flooring is a mix of clean tile and carpet. There are no signs of deferred maintenance, and the overall condition suggests functional systems with minimal wear and tear, aligning with a 'Good' rating, indicating it's ready for occupancy without immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Spectacular Golf Course Views
The property offers direct and thrilling views of the Cielo 6 and 7 golf greens, providing an attractive backdrop and enhancing the living experience.
- Flexible & Spacious Layout
Featuring two bedrooms, a convertible den, a dedicated bonus room for an office, and separate family and formal living rooms, the home offers versatile and ample living spaces.
- Upgraded Interior Features
The property boasts upgraded baths and a highly functional garage with a sleek plastic tile floor, quality workbench, and extensive storage, adding value and convenience.
CONSRISKS & DEFICIENCIES
- Land Lease Structure
The property is subject to a land lease until 2069 with a monthly ground rent of $139.62, which can affect financing options and long-term ownership considerations.
- Listing Price Exceeds Estimated Value
The current listing price of $555,000 is higher than the property's estimated value of $533,988, potentially indicating it is slightly overpriced compared to market analytics.
- Recent Price Reduction
The property has undergone a price reduction from $595,000 to $555,000, suggesting it may have faced market resistance at its original price point.
About 29136 W Laguna Drive
**SPECTACULAR VIEWS AWAIT YOU at a fantastic price!** REDUCED TO SELL! Experience the thrill of watching golfers on the stunning Cielo 6 green and Cielo 7 right from your own home! This beautiful residence boasts a large patio with a side patio perfect for those relaxing afternoons or entertaining friends. The upgraded baths add a touch of luxury to your daily routine. With two spacious bedrooms, a Den that can easily transform into a 3rd bedroom, and a fantastic bonus room for an office, there's plenty of room for everyone! The family room and formal living room create the ideal blend of casual and sophisticated spaces for entertaining or watching your favorite tv show. Don't forget about the garage - featuring a sleek plastic tile floor, a quality workbench, and tons of storage space, it's a dream for any DIY enthusiast! Plus, enjoy extra shade from the SunSetter shade on the side patio. This is the perfect home for those who appreciate the finer things in life! Don't miss out--contact Holly for more information! Land lease to 2069, Monthly Ground Rent $139.62.The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, 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. Restaurant on site. Health and fitness center on site.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 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 • 0.9 mi
Agua Caliente Elementary School
Grades K-5 • 1.0 mi
Rio Vista Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,975 | 1,753.5 | 68% |
| Lot Size | 6,534 | 7,841 | 21% |
| Price | $555.0K | $545.0K | 54% |
| Price per sq ft | $281 | $309 | 29% |
| Built year | 2003 | 1994 | 77% |
| HOA | $954.0 | $0 | 93% |
| Days on market | 360 | 180 | 98% |
Pricing History
Listed for Sale
Aug 1, 2025
$555,000
Initial Listing
Price Change
Mar 13, 2025
$595,000
Initial Listing