35200 Cathedral Canyon Drive B10, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This Condominium represents a High-Potential Investment Opportunity, listed at $328,000—positioned above the $291,647 Fair Market Value. While currently priced above market, the property features Fee Land ownership, eliminating costly land leases. With a Fair Condition Rating, the unit offers a stable foundation for cosmetic updates to drive future appreciation. Residents enjoy resort-style amenities, including five pools and seven hot tubs, alongside breathtaking mountain views. This is an ideal acquisition for Buy-and-Hold Investors or seasonal residents seeking a turnkey desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35200 Cathedral Canyon Drive B10 Subject | $328,000* List Price | 2 | 2 | 1,384 | $211 | - |
A 35200 Cathedral Canyon Drive D33 Sold | $256,500 | 2 | 2 | 1,384 | $185 | 0.0 mi |
B 35200 Cathedral Canyon Drive C24 Sold | $270,000 | 2 | 2 | 1,384 | $195 | 0.0 mi |
C 35200 Cathedral Canyon Drive I71 Sold | $285,000 | 2 | 2 | 1,384 | $206 | 0.1 mi |
D 35200 Cathedral Canyon Drive 105 Sold | $285,000 | 2 | 2 | 1,335 | $213 | 0.1 mi |
E 35200 Cathedral Canyon Drive 102 Sold | $275,000 | 2 | 2 | 1,384 | $199 | 0.1 mi |
F 35200 Cathedral Canyon Drive Z199 Sold | $339,000 | 2 | 2 | 1,335 | $254 | 0.2 mi |
G 68541 Calle Alcazar 3 Pending | $290,000 List Price | 2 | 3 | 1,550 | $187 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is well-maintained and move-in ready but remains largely dated. While the flooring has been updated to modern laminate/vinyl plank, the kitchen features original-style white cabinets with wood trim and dated white tile countertops. At 38 years old without a full recent renovation of the kitchen and baths, it fits the 'Fair' criteria for needing cosmetic updates.
A significant advantage in the Coachella Valley, this property is on Fee Land, meaning you own the land outright with no monthly lease payments, facilitating easier financing and long-term value.
The Canyon Shores community offers an extensive amenity package including five pools, seven hot tubs, tennis and pickleball courts, and a fitness center, providing a high-end desert lifestyle.
This furnished, ground-floor unit offers easy accessibility and mountain views, making it a move-in-ready option for seasonal residents or an immediate opportunity for investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2000, other record lot size in square feet = 1306.
At $590 per month, the association fees are a substantial recurring cost that may impact the debt-to-income ratio for some buyers and overall monthly affordability.
The property is zoned for schools with ratings ranging from 3 to 6, which may be a drawback for families prioritizing high-performing educational districts.
Situated within the beautifully maintained community of Canyon Shores, this inviting two-bedroom, two-bath, furnished residence offers comfort, style, and an exceptional desert lifestyle -- with the added advantage of Fee Land, meaning you own the land.Perfectly positioned next to the CV Link, the property is surrounded by tranquil lakes, flowing streams, and lush landscaping, creating a serene resort-like setting. This LOWER LEVEL unit features a spacious dining area, in-unit laundry, and a covered balcony that captures breathtaking mountain views.The community offers an impressive array of amenities, including five pools, seven hot tubs, four tennis courts, pickleball courts, saunas, a fitness center, and a beautifully appointed clubhouse with fireplace and community room.Residents enjoy a secure, pet-friendly environment, ideal for peaceful walks and outdoor enjoyment. With a 30-day rental minimum, this property also presents an appealing opportunity for seasonal living or investment.Discover the perfect balance of relaxation, recreation, and refined desert living at Canyon Shores.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,384 | 1,194.5 |
| Lot Size | 2,000 | 1,307 |
| Price | $328.0K | $295.2K |
| Price per sq ft | $237 | $227 |
| Built year | 1986 | 1985 |
| HOA | $590.0 | $622 |
| Days on market | 43 | 98 |
Jun 9, 2026
$328,000
Initial Listing
May 9, 2013
$164,000
Public Record
Feb 11, 2010
$160,000
Public Record
Aug 21, 1996
$70,000
Public Record