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35200 Cathedral Canyon Drive A-7, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath

35200 Cathedral Canyon Drive A-7, Cathedral City, California 92234 home-pic-0
ACTIVE$310,000
35200 Cathedral Canyon Drive A-7, Cathedral City, California 92234
2Beds
2Baths
1,388Sqft
1,307Lot
Year Built
1986
Close
-
List price
$310K
Original List price
$330K
Price/Sqft
$223
HOA
$570
Days on market
-
Sold On
-
MLS number
219127749DA
Home ConditionFair
Features
Good View: Golf Course, Mountain(s)
Deck
ViewGolf Course,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $310.0K(53th), sqft - 1388(74th), beds - 2(50th), baths - 2(50th).

Outstanding value just reduced for a quick sale! This Lovely gated community of Canyon Shores is on fee simple land , nestled on over 16 acres of beautifully landscaped grounds in Cathedral City near all conveniences and minutes from downtown Palm Springs and its airport. This lovely condo has beautiful mountain, golf course and sunset views! It boasts 5 pools, 7 spas, a well equipped clubhouse that includes pickleball courts, community gym, 7 tennis courts, and many walking trails with water features throughout. This top floor 2 bed/2 bath is located in a prime location overlooking the golf course. This is a fabulous investment property that affords short term rentals (7) day minimum stay, making it a great choice for both investors and residents. This lovely condo is the best value in the valley for resort living. You don't want to miss this lovely home!

Nearby schools

4/10
Cathedral City Elementary School
Public,•K-5•0.6mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•0.9mi
6/10
Cathedral City High School
Public,•9-12•1.0mi
4/10
Desert Learning Academy
Public,•K-12•3.7mi
Condition Rating
Fair
Built in 1986, this condo shows its age with largely original or very dated components. The kitchen features white appliances, tiled countertops, and a fluorescent light fixture, all indicative of a 1980s aesthetic with no major renovations since construction. The carpet flooring throughout the living areas also appears dated. While seemingly well-maintained, significant cosmetic updates are required, particularly in the kitchen and likely bathrooms, to meet current standards.
Pros & Cons

Pros

Investment Opportunity: The property is a fabulous investment, allowing short-term rentals with a 7-day minimum stay, appealing to both investors and residents.
Extensive Community Amenities: The gated community offers resort-style living with 5 pools, 7 spas, a well-equipped clubhouse, pickleball courts, a community gym, 7 tennis courts, and walking trails.
Desirable Views: The condo boasts beautiful mountain, golf course, and sunset views, enhancing its aesthetic appeal and living experience.
Prime Location & Fee Simple Land: Nestled on 16+ acres of landscaped grounds, the community is on fee simple land, near conveniences, and minutes from downtown Palm Springs and its airport.
Strong Value Proposition: Marketed as 'outstanding value' and 'best value in the valley,' with a recent price reduction, indicating a competitive offering in the current market.

Cons

Property Age: Built in 1986, the property's age may suggest that interior finishes or major systems could be original and potentially require future updates or renovations.
High Monthly Association Fee: The $570.0 monthly association fee is a significant recurring cost that could impact affordability for some buyers or reduce net rental income for investors.
Seller Urgency Indication: The phrase 'just reduced for a quick sale' might suggest a motivated seller or previous challenges in attracting buyers at the original list price.

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