
Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $749,900—positioned above the $710,284 Fair Market Value by 5%. While currently priced above market, the Fair Condition Rating and significant 11,326 sqft flag lot provide a canvas for value-add renovations. Featuring a private pool, sweeping mountain vistas, and a first-floor primary suite, the home offers strong functional potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to modernize a spacious residence in the desirable Cathedral City Cove.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38211 Vista Drive Subject | $749,900* List Price | 3 | 3 | 1,728 | $411 | - |
A 68195 Grandview Avenue Sold | $590,000 | 3 | 2 | 1,828 | $323 | 0.2 mi |
B 38365 Starlight Lane Sold | $542,000 | 3 | 2 | 1,300 | $417 | 0.3 mi |
C 68067 Vista Del Valle Court Sold | $655,000 | 2 | 2 | 1,557 | $421 | 0.3 mi |
D 37445 Bankside Drive Sold | $675,000 | 3 | 3 | 1,446 | $467 | 0.5 mi |
E 39390 Marietta Circle Sold | $700,000 | 3 | 2 | 1,525 | $459 | 0.7 mi |
F 68574 F Street Active | $599,000 List Price | 3 | 2 | 1,548 | $387 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (45 years old), the property shows signs of recent cosmetic 'lipstick' renovations including fresh paint and updated flooring. However, the overall structure remains dated, and the listing's use of phrases like 'let your imagination be your guide' and 'potential to create something special' typically indicates that the kitchen, bathrooms, and major systems are older and require modernization. The exterior HVAC unit appears aged, and the yard is unfinished, placing it firmly in the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1728.
Situated on a spacious flag lot in the highly desirable Cathedral City Cove, this property offers exceptional privacy and a secluded atmosphere away from the street.
The home features a private pool area and a second-story deck that provides sweeping mountain and desert vistas, ideal for both relaxation and entertaining.
Built in 1979 and marketed with 'endless potential,' the property likely requires cosmetic or structural updates to meet modern luxury standards.
Recent price reductions and multiple adjustments within the first month on the market suggest the property may be facing challenges in finding its value floor in the current climate.
Just Reduced! Beautiful two-story pool home located on a spacious flag lot in the highly desirable Cathedral City Cove. This 3-bedroom, 2.5-bath residence offers privacy and comfort, featuring a private pool area ideal for entertaining or relaxing. The spacious primary suite is conveniently located on the first level, offering ease of access and comfort. A great open kitchen flows seamlessly into the adjoining family room, creating an inviting space for gathering and everyday living, all enhanced by fabulous views. Enjoy sweeping mountain vistas from the second-floor deck, providing the perfect backdrop for sunrise mornings and sunset evenings. Let your imagination be your guide .This property offers an exceptional opportunity for both living and investment, with endless potential to create something truly special.
No exterior & parking available.
Grades K-5 • 3.6 mi
Grades K-5 • 4.6 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,728 | 1,810.5 |
| Lot Size | 11,326 | 8,276 |
| Price | $749.9K | $565.6K |
| Price per sq ft | $434 | $308 |
| Built year | 1979 | 1999 |
| HOA | $0 | $261 |
| Days on market | 44 | 67 |
Jul 9, 2026
$749,900
$749,000
+0% Price Increase
Initial Listing
Jul 8, 2026
$749,000
$769,000
-3% Price Drop
Initial Listing
Jun 8, 2026
$769,000
Initial Listing
Apr 27, 2021
$415,000
Public Record
Dec 29, 2008
$190,500
Public Record
Oct 19, 2005
$335,000
Public Record