38220 Chuperosa Lane, Cathedral City, California 92234, Cathedral City, 92234 - 4 bed, 3 bath

38220 Chuperosa Lane, Cathedral City, California 92234 home-pic-0
ACTIVE$685,000$2,131/sqft
Est. Value: $511,708
-25%
AboveEstimate
38220 Chuperosa Lane, Cathedral City, California 92234
4Beds
3Baths
2,131Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($511,708.165) is $173,291.835 (25%) lower than the list price ($685,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2131.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-08-18. The sold price is $570,000.00.

Compared to the nearby listings

Price:$685.0K vs avg $545.0K (+$140,000)85%
Size:2,131 sqft vs avg 1,795.5 sqft77%
Price/sqft:$321 vs avg $30858%

More Insights

Built in 1965 (61 years old).
Condition: The property, built in 1965, is in an unfinished state with all Sheetrock removed, requiring substantial rehabilitation to be habitable. While major components like the roof, tankless water heater, and water lines are new, and asbestos abatement has been completed, the interior is gutted to the studs, as confirmed by the images. It is not livable and requires significant investment to complete.
Year Built
1965
Close
-
List price
$685K
Original List price
$695K
Price/Sqft
$321
HOA
-
Days on market
-
Sold On
-
MLS number
SW26005007
Home ConditionPoor
Features
Good View: Hills
Pool
Patio
ViewHills

About this home

Fabulous views of Rancho Mirage Ritz, quiet area, close to shopping, large private backyard with pool, major asbestos abatement, all Sheetrock removed (permitted), permitted garage living quarters will be garage. Pool room with bath and changing area. Price reflects unfinished state. Buyer to finish. Plans submitted to Cathedral City, fees paid and are posted. New tankless water heater. New roof by AL Miller. Major asbestos abatement by PEA. Fascia recently painted a deep navy blue. All new interior water lines. New water line from house to street. 1574.91 sq ft House 682.39 sq ft Other area

S
Sinan Zakaria
Listing Agent

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-53.3mi
4/10
Cahuilla Elementary School
Public,K-54.9mi
3/10
Nellie N. Coffman Middle School
Public,6-82.0mi
6/10
Cathedral City High School
Public,9-122.3mi
4/10
Desert Learning Academy
Public,K-124.5mi
6/10
Palm Springs High School
Public,9-124.5mi

Price History

Date
Event
Price
08/18/25
Sold
$570,000
Condition Rating
Poor

The property, built in 1965, is in an unfinished state with all Sheetrock removed, requiring substantial rehabilitation to be habitable. While major components like the roof, tankless water heater, and water lines are new, and asbestos abatement has been completed, the interior is gutted to the studs, as confirmed by the images. It is not livable and requires significant investment to complete.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2131.
Panoramic Views: The property offers fabulous views of Rancho Mirage Ritz and surrounding hills, providing an attractive backdrop.
Extensive Permitted Renovation Foundation: Significant and costly initial renovation work, including major asbestos abatement, new roof, new tankless water heater, and all new interior/exterior water lines, has been completed and permitted.
Large Private Backyard with Pool: Features a spacious and private backyard with a pool and a dedicated pool room with a bath and changing area, ideal for recreation and entertaining.
Renovation Plans Approved and Paid: Architectural plans for completion have been submitted to Cathedral City, with fees paid and posted, significantly streamlining the buyer's renovation process.
Quiet and Convenient Location: Situated in a quiet area with easy access to shopping, offering both tranquility and convenience.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-18. The sold price is $570,000.00.
Unfinished State Requires Substantial Investment: The property is in an unfinished state with all Sheetrock removed, requiring significant financial investment and effort from the buyer to complete.
Garage Conversion Reversion: Permitted garage living quarters are designated to revert to a garage, potentially limiting flexible living space or ADU potential for the buyer.
Older Core Construction: Despite recent foundational upgrades, the original 1965 construction may still present challenges or require further updates to other components not explicitly addressed in the current renovation.
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