35436 Calle Solana, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 1 bath
Loading property details...
Cathedral City, California 92234
This Resort-Style Condominium is a High-Potential Investment Opportunity, listed at $399,000—positioned well above the $331,597 Fair Market Value by -20%. Featuring a Condition Rating of 3, this home offers modern efficiency with a 10-panel solar system, EV charger, and premium cork flooring. While the land lease and monthly carrying costs require careful financial planning, the assumable 4% loan provides a unique hedge against current rates. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35436 Calle Solana Subject | $399,000* List Price | 2 | 1 | 1,406 | $236 | - |
A 68383 Paseo Real Sold | $340,000 | 2 | 2 | 1,371 | $248 | 0.6 mi |
B 68722 Calle Denia Sold | $299,900 | 2 | 3 | 1,505 | $199 | 0.3 mi |
C 68513 Calle Alcazar Sold | $290,000 | 2 | 2 | 1,406 | $206 | 0.4 mi |
D 68360 Camino Jalan Sold | $368,000 | 2 | 2 | 1,550 | $237 | 0.7 mi |
E 35380 Calle Sonseca Sold | $449,000 | 3 | 3 | 1,680 | $267 | 0.1 mi |
F 34585 Calle Tobara Sold | $363,000 | 2 | 2 | 1,512 | $240 | 0.5 mi |
G 68534 Calle Alcazar Active | $289,000 List Price | 2 | 2 | 1,406 | $206 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property is well-maintained and move-in ready with significant upgrades. The kitchen and bathrooms feature mid-range renovations (approx. 10-15 years old) with stainless steel appliances and solid countertops. High-value modern system updates include solar panels with battery storage, a tankless water heater, and an EV charger, elevating it above the 'Fair' category despite the age of the cabinetry.
The home is equipped with a 10-panel solar system and dual batteries for energy independence, alongside premium upgrades like cork flooring, mahogany walls, and an EV car charger.
The property features a rare assumable loan at a 4% interest rate, offering a significant financial advantage and lower monthly payments in the current interest rate environment.
Situated on a quiet cul-de-sac with stunning mountain views, the property provides access to premium community features including an 18-hole golf course, tennis courts, and pools.
In addition to the mortgage, the property carries over $920 in monthly fixed costs from the combined HOA fee, land lease, and solar lease payments.
The land lease expires in 2061; having only 36 years remaining may complicate future financing for buyers and potentially impact long-term appreciation.
Resort Style Living at Cathedral Canyon Country Club! This light & bright furnished home has beautiful mountain views surrounded by palm trees, located on a quiet cul-de-sac with lots of green space. Cathedral Canyon CC has a 18 hole golf course, tennis courts, pool, spa and clubhouse. This spacious 2 bed 2 bath home has been upgraded with gorgeous cork flooring throughout, mahogany wall in living room, views from living room, open dining & kitchen with stainless steel appliances, both bedrooms are primary with en suite. Pet friendly community! Large 2 car garage with car charger & tankless water heater & extra storage space. Beautiful community pool and spa just steps from your door. Private courtyard area in front with gates and nice patio area off living room with BBQ. This home has solar with 10 panels so its easy to keep cool & enjoy. Solar is leased at $154.65/per month for 24 years and has 2 batteries which makes this energy independent. Land lease of $219.18/per month and land lease until Sept 13, 2061 (36 years on land lease). current loan is assumable @4% $236,094 call agent for info. Easy access to Country Club and Golf. Easy to get to Palm Springs, Rancho Mirage and Palm Desert all offering great restaurants, shopping and much more. Palm Springs Airport 12 minutes away. The World Famous "El Paseo" shopping district located in Palm Desert is a 10 minute trip. This home has it all! Move right in.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 2.8 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 3% |
| Square foot | 1,406 | 1,371 | 67% |
| Lot Size | 2,178 | 1,307 | 81% |
| Price | $399.0K | $290.0K | 86% |
| Price per sq ft | $284 | $234 | 87% |
| Built year | 1979 | 1985 | 20% |
| HOA | $550.0 | $591 | 23% |
| Days on market | 2 | 208 | 1% |
Jun 4, 2026
$399,000
Initial Listing