
Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned above the $265,821 Fair Market Value. While the property is currently priced slightly above market, its Condition Rating of 4 indicates a value-add opportunity for those willing to modernize the original 1986 interiors. Featuring Mountain Views, a pool, and spa, this condo offers a desirable desert lifestyle. Located near Landau Elementary and Cathedral City High, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31200 Landau Boulevard 1402 Subject | $279,000* List Price | 3 | 2 | 1,098 | $259 | - |
A 31200 Landau Boulevard 1506 Sold | $258,000 | 2 | 2 | 934 | $276 | 0.0 mi |
B 32505 Candlewood Drive 18 Sold | $255,000 | 2 | 2 | 1,006 | $253 | 0.6 mi |
C 31200 Landau Boulevard 1103 Sold | $259,000 | 2 | 2 | 862 | $300 | 0.0 mi |
D 31200 Landau Boulevard 2707 Sold | $270,000 | 2 | 2 | 1,160 | $233 | 0.1 mi |
E 31200 Landau Boulevard 206 Sold | $205,000 | 2 | 2 | 802 | $256 | 0.1 mi |
F 44 Lakeview Circle Sold | $240,000 | 2 | 2 | 1,152 | $208 | 0.8 mi |
G 32505 Candlewood Drive 103 Sold | $277,500 | 2 | 2 | 1,006 | $276 | 0.5 mi |
H 31200 Landau Boulevard 605 Active | $272,000 List Price | 2 | 2 | 906 | $300 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1986 (40 years old) and appears to be in mostly original condition. The kitchen features dated oak-style cabinetry, fluorescent box lighting, and older white appliances. While the unit is functional and move-in ready, it is significantly dated and requires cosmetic updates to the kitchen and likely the bathrooms to meet modern market expectations.
As a top-floor unit, this condo offers enhanced privacy with no neighbors above and features scenic mountain views from the living area and primary balcony.
The gated Cathedral Springs community provides high-value amenities including a fitness center, multiple swimming pools, and spas, catering to a luxury desert lifestyle.
Ideally situated just 10 minutes from downtown Palm Springs and the I-10 freeway, the property offers excellent proximity to premier dining, shopping, and commuting routes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1084.
The monthly association fee of $527 is significant relative to the listing price, which may impact the overall monthly carrying costs and buyer affordability.
With three bedrooms distributed across 1,098 square feet, the individual room sizes and living areas may feel constrained for buyers seeking more spacious accommodations.
Spacious Top-Floor 3 Bedroom, 2 Bath Condo with Mountain Views.Enjoy comfortable desert living in this large top-floor 3-bedroom, 2-bath condo located in the desirable Cathedral Springs Condominium community. The open-concept floor plan features a bright living area with beautiful mountain views, creating the perfect space for relaxing or entertaining.The spacious primary suite includes a private balcony and a walk-in closet, while the convenient in-unit washer and dryer are located in the hallway. The gated community offers resort-style amenities, including a fitness center, multiple pools, and relaxing spas.Ideally situated just 10 minutes from downtown Palm Springs and only 10 minutes from I-10 via Date Palm Drive, this home provides easy access to shopping, dining, entertainment, and commuting routes.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,098 | 1,194.5 |
| Lot Size | 871 | 1,307 |
| Price | $279.0K | $295.2K |
| Price per sq ft | $254 | $227 |
| Built year | 1986 | 1985 |
| HOA | $527.0 | $622 |
| Days on market | 35 | 98 |
Jun 17, 2026
$279,000
Initial Listing
Feb 23, 2021
$184,000
Public Record