67207 N Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This Value-Add Resort Condominium is listed at $249,000, offering a competitive entry point into the Desert Princess Country Club near its $234,831 Fair Market Value. Currently holding a Fair Condition Rating, the unit requires cosmetic modernization to unlock its full potential as a high-yield seasonal rental. The functional Dual Master Suite layout is complemented by a southwest-facing patio with Mountain and Golf Course Views and direct access to a 27-hole PGA course. This Value-Priced Asset is perfectly suited for Fix-and-Flip Investors or Owner-Occupants ready to customize a desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67207 N Chimayo Drive Subject | $249,000* List Price | 2 | 2 | 1,212 | $194 | - |
A 67451 Toltec Court Sold | $228,000 | 3 | 2 | 1,285 | $177 | 0.3 mi |
B 67388 S Chimayo Drive Sold | $250,000 | 2 | 2 | 1,177 | $212 | 0.2 mi |
C 28764 Taos Court Sold | $310,000 | 2 | 2 | 1,177 | $263 | 0.6 mi |
D 67216 S Chimayo Sold | $255,000 | 3 | 2 | 1,285 | $198 | 0.2 mi |
E 67278 S Chimayo Drive Sold | $280,000 | 2 | 2 | 1,212 | $231 | 0.2 mi |
F 67232 W Chimayo Drive Sold | $260,000 | 2 | 2 | 1,212 | $215 | 0.1 mi |
G 67162 W Chimayo Drive Active | $265,000 List Price | 2 | 2 | 1,212 | $219 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1985, making it 39 years old. The listing description explicitly states it's a 'Great opportunity to purchase and update or remodel,' and the property analysis confirms it 'may require additional investment to modernize or address deferred maintenance.' While no interior images are provided to assess specific kitchen, bathroom, or flooring conditions, this direct statement indicates the home is functional but outdated and requires significant cosmetic and possibly system updates to meet current standards, aligning with the 'Fair' condition criteria.
The property offers access to a 27-hole PGA golf course, country club membership, tennis facilities, and a fitness center, providing a comprehensive resort lifestyle.
Features a large, southwest-facing patio with excellent sun exposure, offering picturesque mountain, golf course, and lake views.
Conveniently located with a pool and spa directly accessible from the back door, enhancing leisure and relaxation opportunities.
The association fee of $995.00 per month is substantial, which could be a significant ongoing cost for potential buyers, despite the inclusions.
The property is on a land lease, which, while extended to 2069, can impact financing options, long-term appreciation, and future resale value compared to fee simple ownership.
The description indicates an opportunity to 'update or remodel,' suggesting the property may require additional investment to modernize or address deferred maintenance.
Value-Priced 2BR/2BA Condo. Dual Master Suite Alameda floor plan. Walk-in closets. Large patio faces SW with great sun exposure and mountain views. Land lease has been extended to 2069. Pool and Spa right out your back door. Great opportunity to purchase and update or remodel. Resort amenities are plentiful including 27 hole PGA course. Perfect for a second home, seasonal rental or make it your permanent home. HOA fees include CATV/Internet, Country Club membership, tennis and fitness center. update or remodel.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,212 | 1,212 | 50% |
| Lot Size | 1,742 | 1,307 | 66% |
| Price | $249.0K | $287.0K | 22% |
| Price per sq ft | $205 | $238 | 18% |
| Built year | 1985 | 1985 | 50% |
| HOA | $995.0 | $575 | 79% |
| Days on market | 163 | 179 | 35% |
Nov 10, 2025
$249,000
Initial Listing