29565 W Trancas Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 3 bath
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Cathedral City, California 92234
This Turnkey Single-Family Residence is a Prime Investment Opportunity, listed at $476,000—positioned well below the $495,422 Fair Market Value by 3%. This valuation gap offers $19,422 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent upgrades like a 2020 AC and 2025 carpeting. With Panoramic Golf Course and Mountain Views and access to resort-style amenities, this property is an ideal sanctuary for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29565 W Trancas Drive Subject | $476,000* List Price | 2 | 3 | 1,425 | $348 | - |
A 67645 S Laguna Drive Sold | $510,000 | 2 | 3 | 1,425 | $358 | 0.1 mi |
B 67633 S Laguna Drive Sold | $545,000 | 2 | 3 | 1,425 | $382 | 0.1 mi |
C 29438 W Laguna Drive Sold | $537,500 | 2 | 3 | 1,500 | $358 | 0.2 mi |
D 29709 W Laguna Sold | $589,000 | 3 | 3 | 1,825 | $323 | 0.2 mi |
E 29320 S Laguna Drive Sold | $460,000 | 3 | 3 | 1,841 | $250 | 0.2 mi |
F 67665 S Natoma Drive Sold | $615,000 | 3 | 3 | 1,905 | $323 | 0.1 mi |
G 29597 E Trancas Drive Sold | $419,000 | 2 | 3 | 1,576 | $266 | 0.2 mi |
H 67632 S Natoma Drive Active | $485,000 List Price | 2 | 3 | 1,625 | $298 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000, the home is exceptionally well-maintained and move-in ready. Key systems have been addressed with the AC replaced and exterior painted in 2020, and new carpet installed in 2025. While the kitchen and bathrooms are stylistically dated with original cabinetry and white appliances, they remain fully functional and clean, meeting the criteria for a well-maintained property of its age.
The property is situated on one of the community's premier lots, offering expansive, unobstructed views of the golf course and the San Jacinto mountain range.
This move-in-ready home features a replaced AC (2020), recent exterior paint, and a newly added 125 sqft flex space with 2025 carpeting, supported by completed inspections.
The Desert Princess community provides a high-end lifestyle with 24-hour guarded gate access, a 27-hole championship golf course, and comprehensive fitness and racquet facilities.
The association fee of $995 per month is relatively high, which may be a deterrent for budget-conscious buyers or those looking for lower carrying costs.
With only two bedrooms, the home's layout may limit its appeal to larger families or buyers specifically seeking a traditional three-bedroom configuration.
Golf Course Views. Mountain Sunrises. Nothing Left To Do. Wake up to mountain shadows and fairway views that shift with the morning light. This single-level Augusta floor plan home in Desert Princess sits on one of the community's strongest view lots, backing onto the golf course with wide open sightlines to the San Jacinto range. Inside, 1,425 square feet lives large with an open layout, 2 bedrooms with private baths, plus 1/2 bath. AC was replaced and exterior painted in 2020. Additional flex space added off bedroom 2 for additional living of approximately 125sf with new carpet in 2025, use as office, yoga, or art studio, you decide. Large South/West facing patio with a mister system. Owned Water Softener system. Low-maintenance living without giving up resort amenities. Three community pools and spas sit nearby, so there is no personal pool to maintain. Desert Princess offers 24-hour guarded gate access, a 27-hole championship golf course, tennis, pickleball, and a fitness center. HOA includes a Health and Fitness center membership, tennis, bocca ball, and pickleball courts. Discounts and preferred tee times, no initiation fees, grounds maintenance to your door, outside pest control when requested, and outside water, all minutes from La Quinta and Palm Desert. Home Inspection and termite Inspection are completed, and this home is ready for its new owners, quiet mornings, friendly neighbors, and a view that changes every season.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,425 | 1,810.5 |
| Lot Size | 5,227 | 8,276 |
| Price | $476.0K | $565.6K |
| Price per sq ft | $334 | $308 |
| Built year | 2000 | 1999 |
| HOA | $995.0 | $261 |
| Days on market | 5 | 67 |
Jul 17, 2026
$476,000
Initial Listing
Dec 6, 2016
$344,000
Public Record
Jun 13, 2007
$439,000
Public Record
Jun 14, 2001
$221,000
Public Record