32505 Candlewood Drive 87, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 3 bath
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Cathedral City, California 92234
This Single-Story Villa is a High-Potential Investment Opportunity, listed at $299,999—positioned well above the $264,031 Fair Market Value. While the property is priced above market, it offers a Condition Rating of 4, featuring recent Pergo flooring and a functional layout with three private patios and pool/greenbelt views. The unit provides a stable, low-maintenance lifestyle in a gated community. This property is an ideal acquisition for Buy-and-Hold Investors seeking a rental-ready asset or first-time buyers looking for a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32505 Candlewood Drive 87 Subject | $299,999* List Price | 2 | 3 | 1,020 | $259 | - |
A 32505 Candlewood Drive 82 Sold | $295,000 | 2 | 2 | 1,006 | $293 | 0.0 mi |
B 68035 Lakeland Drive Sold | $285,000 | 2 | 2 | 1,197 | $238 | 0.9 mi |
C 31200 Landau Boulevard 2707 Sold | $270,000 | 2 | 2 | 1,160 | $233 | 0.6 mi |
D 32505 Candlewood Drive 103 Active | $289,000 List Price | 2 | 2 | 1,006 | $287 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1990 (34 years old), placing it in the 'dated' category. While it features recent upgrades like new Pergo flooring and appears very clean, the kitchen and bathrooms remain largely original with 1990s-style cabinetry and fixtures. It is functional and move-in ready but requires cosmetic modernization to address its age.
This rarely available single-story unit features three private patios and an open floor plan, maximizing indoor-outdoor living and natural light throughout the home.
The property boasts new Pergo flooring and a functional, move-in-ready layout, offering excellent potential for both full-time residents and seasonal owners.
Located in a well-manicured gated community with reasonable HOA fees, the unit offers scenic pool and greenbelt views in a prime location near shopping and dining.
The assigned elementary and middle schools have lower performance ratings (4 and 3 respectively), which may be a drawback for families prioritizing education districts.
At 1,020 square feet, the interior living area is relatively modest, which may feel restrictive for buyers seeking more expansive square footage or larger guest rooms.
Seller Motivated! Rarely available single story Villa style unit at Candlewood Villas 2, a hidden gem gated community located at the western end of Cathedral City, with close access to shopping, dining and recreation. 2B/2B. The primary suite has a large walk-in closet, en suite, and completely enclosed private patio. Reasonably sized guest room has a private closet and access to the front patio with views of the pool and lush landscaping. This home offers abundant natural light throughout with many windows and sliders. New pergo flooring. Excellent layout with open living space, generously sized kitchen and dining room with easy access to the third patio that offers a laundry closet and east facing slab that could be used as an al fresco breakfast nook. Abundant storage with several linen and utility closets both indoors and outdoors. This condo has excellent potential as a full time residence for pied de tier. Well manicured community with reasonable HOA fees and prime central location.
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 | 3.0 | 2.0 | 90% |
| Square foot | 1,020 | 1,335 | 13% |
| Lot Size | - | 1,307 | 20% |
| Price | $300.0K | $290.0K | 58% |
| Price per sq ft | $294 | $234 | 90% |
| Built year | 1990 | 1985 | 91% |
| HOA | $415.0 | $591 | 4% |
| Days on market | 31 | 209 | 3% |
May 7, 2026
$299,999
Initial Listing
Dec 10, 2020
$87,000
Public Record
Aug 31, 2001
$82,000
Public Record