38703 Bel Air Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 3 bath
38703 Bel Air Drive
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 38703 Bel Air Drive, Cathedral City, California 92234 reveals a Fairly Priced Property with a current list price of $735,000 aligned with the estimated $730,853 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Cathedral City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38703 Bel Air Drive Subject | $735,000* List Price | 3 | 3 | 1,684 | $434 | - |
A 68079 Vista Del Valle Sold | $610,000 | 3 | 3 | 1,607 | $380 | 0.2 mi |
B 68035 Valley Vista Drive Sold | $702,500 | 3 | 2 | 1,591 | $442 | 0.2 mi |
C 68680 Sharpless Road Sold | $590,000 | 4 | 3 | 1,371 | $430 | 0.6 mi |
D 38220 Dorn Road Sold | $795,000 | 4 | 4 | 2,056 | $387 | 0.4 mi |
E 68195 Grandview Avenue Active Under Contract | $649,000 List Price | 3 | 2 | 1,828 | $355 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1955 mid-century home is move-in ready and has been well-maintained with recent cosmetic updates. The interior and exterior feature fresh paint, and there is durable tile flooring throughout. The kitchen is updated with stainless steel appliances and clean cabinetry, and the bathrooms feature modern vanities and tiled showers. While the home is older, the systems appear functional and the property lacks the deferred maintenance typically seen in 'fair' or 'poor' listings, though it stops short of 'excellent' as it is not a brand-new or high-end luxury renovation.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 18295, living area = 1684.
- Expansive Lot & FEE Land
Situated on a rare 0.44-acre lot with no HOA fees and FEE land ownership (you own the land), providing significant privacy, space for expansion, and long-term value stability.
- Panoramic Desert Views
The property's elevated position in the desirable Upper Cove offers stunning south-facing mountain and valley views, perfectly captured from the front-yard pool and outdoor living areas.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1684, other record living area = 1270. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Vintage Infrastructure
Built in 1955, the home may require updates to major systems such as electrical or plumbing to meet modern efficiency standards, despite recent cosmetic refreshments.
- Segmented Living Arrangement
With only two bedrooms located in the main house and the third in a detached casita, the floor plan may be less convenient for families who prefer all bedrooms under one roof.
About 38703 Bel Air Drive
Located high in the highly desirable Upper Cathedral City Cove, this 3-bedroom, 3-bath mid-century ranch-style home offers privacy, space, and beautiful south-facing mountain and valley views. Situated on an expansive 19,166 sq ft lot (.438 acre), the property provides exceptional desert living with both front and rear yard areas. Fresh interior and exterior paint give the home a clean, move-in-ready feel, while tile flooring throughout provides durability and easy maintenance. The main house features two bedrooms and two bathrooms, and a separate casita with kitchenette offers flexibility for guests, extended family, or a private workspace. Outdoor living is a highlight of this property. The front-yard pool is positioned to capture sweeping valley views, creating a stunning setting for relaxing or entertaining. The large lot offers ample space to enjoy the desert landscape and outdoor lifestyle. Additional features include a detached two-car garage located at the rear of the property and a long driveway with generous parking. This property sits on FEE land with no HOA, and Cathedral City's central location provides convenient access to Palm Springs, Rancho Mirage, casinos, theaters, dining, shopping, and entertainment. Don't miss the opportunity to own a spacious desert retreat in one of Cathedral City Cove's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 18,295 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 3.5 mi
Cahuilla Elementary School
Grades K-5 • 4.7 mi
Nellie N. Coffman Middle School
Grades 6-8 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,684 | 1,751 | 44% |
| Lot Size | 18,295 | 7,841 | 98% |
| Price | $735.0K | $545.0K | 90% |
| Price per sq ft | $436 | $309 | 95% |
| Built year | 1955 | 1994 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 179 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$735,000
Initial Listing
Sold
May 10, 2018
$370,000
Public Record