32505 Candlewood Drive 18, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This property presents a Strong Value Opportunity with a List Price of $264,000—positioned well below the $250,427 Fair Market Value by -5%. While the property requires cosmetic modernization, its Condition Rating of 4 and functional 1,006-square-foot layout provide a solid foundation for value-add improvements. Featuring panoramic mountain and pool views, this condo offers a desirable desert lifestyle. Given the competitive entry point and proximity to local schools, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32505 Candlewood Drive 18 Subject | $264,000* List Price | 2 | 2 | 1,006 | $249 | - |
A 68175 Seven Oaks Drive Sold | $290,000 | 2 | 2 | 1,296 | $224 | 1.0 mi |
B 68035 Lakeland Drive Sold | $285,000 | 2 | 2 | 1,197 | $238 | 0.9 mi |
C 31200 Landau Boulevard 104 Sold | $220,000 | 2 | 2 | 906 | $243 | 0.5 mi |
D 44 Lakeview Circle Sold | $240,000 | 2 | 2 | 1,152 | $208 | 0.9 mi |
E 32505 Candlewood Drive 27 Active | $229,900 List Price | 2 | 2 | 848 | $271 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is functional but dated. The kitchen features newer stainless steel appliances and painted cabinets, but retains original laminate countertops, fluorescent light boxes, and popcorn ceilings. The bathrooms and flooring appear to be from a previous era, fitting the criteria for a property over 20 years old needing cosmetic updates.
The property features highly desirable panoramic mountain and pool views, providing a premium desert ambiance that significantly enhances its market appeal.
Listed at $264,000, this 2-bedroom condo offers a competitive entry-level opportunity into the Coachella Valley market, making it ideal for first-time buyers or investors.
The 1,006-square-foot layout with two full bedrooms and bathrooms offers a balanced and efficient use of space that caters well to small families or seasonal residents.
The $430 monthly association fee represents a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1985, the unit may require additional investment in cosmetic updates or system upgrades to align with modern aesthetic preferences and efficiency standards.
Exceptional opportunity in Cathedral City. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,006 | 1,335 | 13% |
| Lot Size | 871 | 1,307 | 26% |
| Price | $264.0K | $290.0K | 28% |
| Price per sq ft | $262 | $234 | 78% |
| Built year | 1985 | 1985 | 50% |
| HOA | $430.0 | $591 | 4% |
| Days on market | 21 | 208 | 1% |
May 16, 2026
$264,000
Initial Listing
Feb 1, 1999
$44,909
Public Record