29296 W Laguna Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 3 bath
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Cathedral City, California 92234
This Turnkey Resort Villa is a Prime Investment Opportunity listed at $619,000—positioned well below the $632,419 Fair Market Value by 2%. This valuation provides $13,419 in Instant Equity for a property in Good Condition. Featuring paid solar, an updated kitchen, and a private pool and spa with unobstructed golf course views, the home offers a premium lifestyle within the Desert Princess community. Located near Landau Elementary, this residence is a perfect match for Lifestyle-Focused Buyers or Seasonal Residents seeking a move-in-ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29296 W Laguna Drive Subject | $619,000* List Price | 3 | 3 | 1,700 | $367 | - |
A 67665 S Natoma Drive Sold | $615,000 | 3 | 3 | 1,905 | $323 | 0.2 mi |
B 67897 Pamela Lane Sold | $640,000 | 3 | 3 | 1,734 | $369 | 0.7 mi |
C 67305 Medano Road Sold | $595,000 | 4 | 2 | 1,721 | $346 | 1.0 mi |
D 67413 Lakota Court Sold | $682,000 | 3 | 3 | 1,951 | $350 | 0.2 mi |
E 29438 W Laguna Drive Sold | $537,500 | 2 | 3 | 1,500 | $358 | 0.2 mi |
F 68320 Durango Road Sold | $555,000 | 3 | 2 | 1,894 | $293 | 0.9 mi |
G 67720 S Natoma Drive Pending | $474,900 List Price | 3 | 3 | 1,684 | $282 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property exceeds 'Fair' condition due to significant updates including a renovated kitchen with a newer island and stainless steel appliances, updated flooring, and the addition of paid solar. It is well-maintained and move-in ready.
The property features fully paid solar panels and a recently updated kitchen with a center island and stainless steel appliances, offering significant utility savings and move-in-ready appeal.
Located in the Desert Princess country club, residents benefit from 24-hour guarded security, a 27-hole championship golf course, 34 pools, and comprehensive fitness and racquet facilities.
Unlike many condos in the area, this villa boasts its own private pool and spa with golf course views, providing an exclusive outdoor living experience within a gated environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1425. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The combined monthly HOA dues of $995 and ground rent of approximately $139 create a substantial recurring financial obligation that may impact buyer affordability.
The property is on a land lease expiring in 2069; while the term is currently sufficient, land leases can sometimes complicate financing and long-term appreciation compared to fee-simple ownership.
Beautiful Pool/Spa villa, updated with PAID solar! This nicely appointed updated 3-bedroom home with a extra bonus office or den has been thoughtfully done. Enjoy this updated kitchen with newer center island in accent color, newer SS appliances and adjacent dining area. The open great room is ideal for gatherings and everyday living. Desert landscaping in both the front and back enhances the beauty and privacy of this luxury private pool/spa villa. This home is partially furnished, subject to inventory. Just imagine yourself enjoying the poolside lifestyle in this spacious property! Land Lease expires 2069. Monthly Ground Rent approx. $139.00HOA dues include: 2 DVR or HD cable boxes and service, high-speed internet, grounds maintained to your door by HOA maintenance crews, outside pest control when requested, and outside water. Gated community with 24-hour guarded gate access and regular patrols for added safety and security, health and fitness center membership, tennis, bocce ball, and pickleball courts. 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. Don't miss the opportunity to live in luxury with every modern comfort at your fingertips. 34 pools and spas on property. A true country club!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,700 | 1,747.5 | 46% |
| Lot Size | 6,970 | 7,841 | 27% |
| Price | $619.0K | $555.0K | 67% |
| Price per sq ft | $364 | $316 | 75% |
| Built year | 2003 | 1990 | 75% |
| HOA | $995.0 | $0 | 94% |
| Days on market | 33 | 168 | 2% |
May 4, 2026
$619,000
Initial Listing