
Cathedral City, California 92234
This High-Potential Investment Opportunity is listed at $249,900, positioned above the $222,322 Fair Market Value. While the property requires cosmetic updates, its Fair Condition Rating and Seller Financing availability provide a unique entry point for buyers. The unit features a Dual En-Suite Layout and direct access to a Community Pool and Greenbelt. With proximity to local schools like Cathedral City High, this asset offers a functional floor plan for those seeking value-add potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants focused on long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32505 Candlewood Drive 85 Subject | $249,900* List Price | 2 | 2 | 848 | $262 | - |
A 31200 Landau Boulevard 104 Sold | $220,000 | 2 | 2 | 906 | $243 | 0.4 mi |
B 32200 Cathedral Canyon Drive 89 Sold | $175,000 | 1 | 1 | 745 | $235 | 0.5 mi |
C 31200 Landau Boulevard 1103 Sold | $259,000 | 2 | 2 | 862 | $300 | 0.5 mi |
D 31200 Landau Boulevard 2707 Sold | $270,000 | 2 | 2 | 1,160 | $233 | 0.6 mi |
E 32505 Candlewood Drive 87 Active | $299,999 List Price | 2 | 3 | 1,020 | $294 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 34 years old (built 1990) and appears to have mostly original finishes. The kitchen features dated cabinetry and fluorescent lighting, and the bathrooms show 1990s-era vanities and fixtures. While functional and move-in ready, the listing's 'perfect canvas' description and the age of the systems/interiors necessitate cosmetic updates and minor repairs.
The availability of seller financing offers a rare and flexible purchasing option, making the property more accessible to a wider range of buyers and investors.
Both bedrooms feature private en-suite bathrooms, providing an ideal layout for privacy, roommates, or seasonal guests within a functional floor plan.
This lower-level unit is ideally situated with a north/south orientation, offering direct pool access and a private patio that backs onto a tranquil greenbelt.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Marketed as a 'perfect canvas,' the unit likely requires cosmetic updates and modernization to bring it up to current market standards.
At 848 square feet, the interior living and dining areas may feel somewhat confined for a two-bedroom residence.
SELLER FINANCING AVAILABLE !!!Discover the potential of 32505 Candlewood #85, Cathedral City located in Candlewood Villas. This lower level 2-bedroom, 2-bath residence offers the perfect canvas for someone ready to add their own style and personal touches. Ideally positioned with a desirable north/south orientation, the home enjoys natural light throughout the day while offering comfortable outdoor spaces to relax and unwind.With ample size bedrooms located on the south side of the building, each with en-suite bathrooms. The living, dining area are right off the South-facing patio which is ideally located adjacent to the community pool -- a perfect amenity just outside your door. A personal laundry room is conveniently located on the rear patio, which backs to a tranquil greenbelt setting, adding privacy and a peaceful backdrop.Whether you're searching for a primary residence, seasonal escape, or investment opportunity, this home presents exceptional value and endless possibilities in the heart of Cathedral City.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.5 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 | 848 | 1,335 | 3% |
| Lot Size | - | 1,307 | 20% |
| Price | $249.9K | $290.0K | 17% |
| Price per sq ft | $295 | $234 | 90% |
| Built year | 1990 | 1985 | 91% |
| HOA | $450.0 | $591 | 7% |
| Days on market | 8 | 208 | 1% |
May 29, 2026
$249,900
Initial Listing
Jan 5, 2017
$94,500
Public Record
Nov 30, 2005
$217,500
Public Record