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39120 Paradise Way, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath

39120 Paradise Way, Cathedral City, California 92234 home-pic-0
ACTIVE$875,000
39120 Paradise Way, Cathedral City, California 92234
3Beds
2Baths
1,350Sqft
11,761Lot

Price Vs. Estimate

The estimated value ($660,260.465) is $214,739.535 (24%) lower than the list price ($875,000). 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 = 11761, living area = 1350.
Top Cons:
Significant Overpricing: The current listing price of $875,000 is notably 24% above the property's estimated value, potentially hindering market competitiveness and buyer interest.

Compared to the nearby listings

Price:$875.0K vs avg $550.0K (+$325,000)94%
Size:1,350 sqft vs avg 1,789 sqft15%
Price/sqft:$648 vs avg $309100%

More Insights

Built in 1961 (64 years old).
Condition: Despite being built in 1961, this property has undergone a 'completely Remodeled' and 'beautifully renovated' transformation, aligning with the 'extensively renovated within 5 years' criteria. The images confirm a modern, open-concept interior with new tile flooring throughout, recessed lighting, and contemporary fixtures. The kitchen is 'fully updated' with white shaker cabinets, dark quartz countertops, and stainless steel appliances, appearing virtually new. Bathrooms feature modern tiling and fixtures. The addition of a 'brand-new pool and spa' with smart controls further solidifies its excellent condition, indicating no deferred maintenance and minimal physical depreciation.
Year Built
1961
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$648
HOA
-
Days on market
-
Sold On
-
MLS number
CV25025935
Home ConditionExcellent
Features
Good View: City Lights, Hills, Mountain(s)
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Welcome to 39120 Paradise Way! This is a completely Remodeled POOL and Spa Home in Upper Cathedral City Cove. This beautifully renovated 3-bedroom, 2-bathroom home with 1,350 sqft of living space. Nestled in the peaceful Upper Cathedral City Cove, this home is a true gem, offering a perfect blend of modern luxury and desert tranquility. Step inside to an open-concept floor plan with bright, welcoming interiors. The living room features an electric fireplace, ceiling speakers, and new tile flooring throughout. With new windows, sliding doors, and ceiling fans, the home is designed for comfort and convenience. The fully updated kitchen is ideal for entertaining. The large backyard features brand-new concrete, offering plenty of space for lounging, dining, or enjoying the outdoors. The brand-new pool and spa are designed for year-round enjoyment. With PebbleTec surfacing, colorful LED lights, and power jets in the spa, you can create the perfect ambiance for any occasion. The pool and spa can be easily controlled from your phone, providing ultimate convenience. Whether you're hosting friends or unwinding after a long day, this is the ideal spot to soak up the desert sun. The large lot ensures privacy and ample space for customization. Other notable features include Detached 2-car garage, central location near hiking trails, Agua Caliente Casino, restaurants, and downtown Palm Springs. Recently professionally designed Desert landscaping for easy maintenance. This is an exceptional home with lots of potential, offering comfort, style, and the ultimate desert lifestyle. Don’t miss your chance to own this remarkable property.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•3.5mi
4/10
Cahuilla Elementary School
Public,•K-5•4.7mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•2.7mi
6/10
Cathedral City High School
Public,•9-12•2.9mi
4/10
Desert Learning Academy
Public,•K-12•4.4mi
6/10
Palm Springs High School
Public,•9-12•4.5mi
Condition Rating
Excellent
Despite being built in 1961, this property has undergone a 'completely Remodeled' and 'beautifully renovated' transformation, aligning with the 'extensively renovated within 5 years' criteria. The images confirm a modern, open-concept interior with new tile flooring throughout, recessed lighting, and contemporary fixtures. The kitchen is 'fully updated' with white shaker cabinets, dark quartz countertops, and stainless steel appliances, appearing virtually new. Bathrooms feature modern tiling and fixtures. The addition of a 'brand-new pool and spa' with smart controls further solidifies its excellent condition, indicating no deferred maintenance and minimal physical depreciation.
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 = 11761, living area = 1350.
Extensive Modern Renovation: The property has undergone a 'complete remodel,' featuring new tile flooring, windows, sliding doors, and an 'open-concept floor plan,' providing a contemporary and move-in ready living environment.
Luxurious New Pool & Spa: A 'brand-new pool and spa' with PebbleTec, LED lights, power jets, and smartphone control offers a high-end, year-round outdoor entertainment and relaxation experience.
Prime Location with Scenic Views: Located in the 'peaceful Upper Cathedral City Cove,' offering 'City Lights, Hills, Mountain(s)' views and convenient access to hiking trails, casinos, restaurants, and downtown Palm Springs.
Spacious & Low-Maintenance Outdoor Space: A 'large backyard' with 'brand-new concrete' and 'professionally designed Desert landscaping' provides ample, easy-to-maintain space for outdoor living and privacy.
Updated Interior Amenities: Includes a 'fully updated kitchen,' electric fireplace, ceiling speakers, and ceiling fans, enhancing comfort, style, and functionality.

Cons

Significant Overpricing: The current listing price of $875,000 is notably 24% above the property's estimated value, potentially hindering market competitiveness and buyer interest.
Smaller Living Space for Price Point: At 1,350 sqft, the property offers less interior living space compared to a nearby comparable property (1,606 sqft) listed at a lower price, which may affect perceived value.
Original Construction Age: Despite extensive renovations, the home's original build year of 1961 may raise questions about the condition of unmentioned core systems (e.g., plumbing, electrical, HVAC) that could require future attention.

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