29751 E Trancas Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 4 bath
Loading property details...
Cathedral City, California 92234
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $595,000—positioned well below the $650,996 Fair Market Value by 8%. This valuation gap offers $55,996 in Instant Equity. Featuring a newly constructed pool, panoramic golf course views, and a Condition Rating of 3, this home is move-in ready. Its short-term rental eligibility in Desert Princess makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a resort-style lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29751 E Trancas Drive Subject | $595,000* List Price | 3 | 4 | 2,117 | $308 | - |
A 29839 Sandy Court Sold | $525,000 | 3 | 3 | 1,841 | $285 | 0.1 mi |
B 67665 S Natoma Drive Sold | $615,000 | 3 | 3 | 1,905 | $323 | 0.4 mi |
C 29320 S Laguna Drive Sold | $460,000 | 3 | 3 | 1,841 | $250 | 0.2 mi |
D 67954 S Trancas Drive Sold | $500,000 | 3 | 4 | 2,117 | $236 | 0.1 mi |
E 30059 Amy Circle Sold | $759,000 | 4 | 3 | 2,133 | $356 | 0.2 mi |
F 67377 Lakota Court Sold | $735,000 | 3 | 4 | 2,101 | $350 | 0.7 mi |
G 29417 E. Trancas Drive Active | $525,000 List Price | 3 | 4 | 2,117 | $248 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property has undergone significant recent renovations that elevate it above its chronological age. Key updates include a newly constructed pool, new flooring and baseboards, and high-efficiency dual-pane windows. While the kitchen and bathrooms feature modern stone counters and updated fixtures, some elements like the main floor tiling appear original. The addition of solar panels and the 'turnkey' status indicate a well-maintained, move-in ready home that fits the 5-15 year renovation window for a Good rating.
The property features a newly constructed custom pool with multiple waterfalls, fire features, and a raised spa, all set against panoramic golf course and mountain views.
Located in the Desert Princess community which allows short-term rentals, this turnkey furnished home offers excellent flexibility for high-yield investment or seasonal use.
Significant interior improvements include dual-pane extra-thick windows for soundproofing, new flooring throughout, and illuminated baseboard lighting, ensuring a move-in-ready experience.
The association fee of $955 per month is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
The solar panels are leased rather than owned, requiring the buyer to assume an existing contract and financial commitment instead of gaining immediate equipment equity.
Enjoy picturesque sunset and western mountain views from this beautifully upgraded 3-bedroom, 3.5-bath home in Desert Princess Country Club overlooking the second green of the Lagos/Vista course. The backyard is designed for resort-style living with a newly constructed pool featuring multiple waterfalls, fire features, a tanning shelf, raised spa, and color-changing LED lighting. Upstairs offers a peaceful retreat with all new flooring, baseboards, and fresh paint. The primary suite features a private balcony with unobstructed mountain and golf course views, perfect for enjoying your morning coffee. Guest bedrooms have also been upgraded with new flooring, baseboards, and dual-pane extra-thick windows for exceptional quiet and comfort. Additional improvements include two new fireplaces with stacked stone accents, illuminated stairs and hallway baseboard lighting, a new refrigerator, and leased solar panels that significantly reduce energy costs. Offered turnkey furnished, this home is truly move-in ready. Best of all, Desert Princess allows short-term rentals, creating excellent flexibility for personal use and investment potential. Community amenities include 27 holes of golf, a spa and fitness center, multiple pools, tennis courts, and pickleball courts.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,117 | 1,755 | 77% |
| Lot Size | 6,534 | 7,841 | 22% |
| Price | $595.0K | $555.0K | 59% |
| Price per sq ft | $281 | $316 | 26% |
| Built year | 1990 | 1990 | 50% |
| HOA | $955.0 | $0 | 93% |
| Days on market | 26 | 168 | 0% |
May 21, 2026
$595,000
Initial Listing