29221 E Portales Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath

29221 E Portales Drive, Cathedral City, California 92234 home-pic-0
ACTIVE UNDER CONTRACT$290,000$1,212/sqft
29221 E Portales Drive, Cathedral City, California 92234
2Beds
2Baths
1,212Sqft
1,742Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Turnkey & Modern Interior: The condo is fully remodeled with modern finishes, updated appliances, and a clean, contemporary design, offered fully furnished for immediate occupancy or rental.
Top Cons:
Land Lease Structure: The property is subject to a land lease, extended through 2069, meaning the land is not owned outright, which can be a consideration for some buyers regarding financing and long-term equity.

Compared to the nearby listings

Price:$290.0K vs avg $294.0K ($-4,000)47%
Size:1,212 sqft vs avg 1,212 sqft50%
Price/sqft:$239 vs avg $24741%

More Insights

Built in 1989 (37 years old).
Condition: Despite being built in 1989, the listing explicitly states the condo is 'fully remodeled' with 'modern finishes' and 'updated appliances,' presenting a 'clean, contemporary design.' This indicates a comprehensive and recent renovation that brings the property up to current quality standards, making it virtually new in terms of interior condition. The 'turnkey' and 'fully furnished' status further supports its move-in readiness. While interior images are not provided to visually confirm the quality of the renovation, the strong descriptive language points to an excellent condition.
Year Built
1989
Close
-
List price
$290K
Original List price
$290K
Price/Sqft
$239
HOA
$995
Days on market
-
Sold On
-
MLS number
219141530PS
Home ConditionExcellent
Features
Good View: Golf Course, Mountain(s), Pond
ViewGolf Course,Mountain(s),Pond

About this home

Turnkey and fully remodeled, this 2-bedroom, 2-bath condo is located within the desirable Desert Princess Country Club. The home offers golf course views and a peaceful setting just steps from a nearby pool. The interior has been thoughtfully updated with modern finishes, updated appliances, and a clean, contemporary design. Offered fully furnished for added convenience, this property is ideal for full-time living, a second home, or an investment opportunity. Short-term rentals are permitted with a 3-day minimum. The land lease is extended through 2069 with a low monthly payment. HOA dues include internet, cable, trash, exterior maintenance, building insurance including the roof, and access to community amenities such as pools, spas, fitness center, golf course, on-site dining, and EV charging stations.

S
Samuel Ramos
Listing Agent

Nearby schools

5/10
Landau Elementary School
Public,K-50.6mi
6/10
Rio Vista Elementary School
Public,K-51.1mi
4/10
Agua Caliente Elementary School
Public,K-51.2mi
5/10
James Workman Middle School
Public,6-82.0mi
6/10
Cathedral City High School
Public,9-122.8mi
4/10
Desert Learning Academy
Public,K-123.0mi
Condition Rating
Excellent

Despite being built in 1989, the listing explicitly states the condo is 'fully remodeled' with 'modern finishes' and 'updated appliances,' presenting a 'clean, contemporary design.' This indicates a comprehensive and recent renovation that brings the property up to current quality standards, making it virtually new in terms of interior condition. The 'turnkey' and 'fully furnished' status further supports its move-in readiness. While interior images are not provided to visually confirm the quality of the renovation, the strong descriptive language points to an excellent condition.
Pros & Cons

Pros

Turnkey & Modern Interior: The condo is fully remodeled with modern finishes, updated appliances, and a clean, contemporary design, offered fully furnished for immediate occupancy or rental.
Versatile Investment Potential: Ideal for full-time living, a second home, or an investment property, with short-term rentals permitted (3-day minimum), offering flexibility and potential income.
Prime Location & Views: Located within the desirable Desert Princess Country Club, featuring golf course, mountain, and pond views, and a peaceful setting just steps from a nearby pool.
Extensive Community Amenities: HOA dues provide access to a wide array of community amenities including pools, spas, fitness center, golf course, on-site dining, and EV charging stations, enhancing lifestyle.
Comprehensive HOA Inclusions: Monthly HOA dues cover internet, cable, trash, exterior maintenance, and building insurance (including the roof), simplifying ownership and reducing separate utility costs.

Cons

Land Lease Structure: The property is subject to a land lease, extended through 2069, meaning the land is not owned outright, which can be a consideration for some buyers regarding financing and long-term equity.
High Monthly Association Fees: The $995 monthly HOA fee, despite its comprehensive inclusions, represents a substantial ongoing cost that could impact affordability and appeal to certain buyer segments.
Condominium Lifestyle: As a condominium, the property involves shared walls and common areas, which may not suit buyers desiring more privacy, a private outdoor space, or complete autonomy over their property's exterior.
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