67278 W Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath
Loading property details...
Cathedral City, California 92234
This Turnkey Resort Condominium is a Strong Value Opportunity, listed at $216,000—positioned slightly above the $214,731 Fair Market Value. While the price reflects current market stability, the property offers a Good Condition Rating and a proven rental history. Featuring unobstructed lake and golf course views, this unit provides a premium lifestyle within the gated Desert Princess community. With its turnkey status and access to 35 pools and PGA golf, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance desert retreat.
Turnkey 1-bed condo in Desert Princess, Cathedral City. Features stunning lake and golf course views, resort amenities, and strong rental history. Move-in ready.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67278 W Chimayo Drive Subject | $216,000* List Price | 1 | 2 | 851 | $252 | - |
A 67366 S Chimayo Drive Sold | $225,000 | 1 | 2 | 851 | $264 | 0.2 mi |
B 28621 E Portales Drive Sold | $215,000 | 2 | 2 | 984 | $218 | 0.8 mi |
C 67268 S Chimayo Drive Sold | $215,000 | 1 | 2 | 851 | $253 | 0.2 mi |
D 28738 W Natoma Drive Sold | $275,000 | 2 | 2 | 1,177 | $234 | 0.5 mi |
E 67270 Cumbres Court Sold | $270,000 | 2 | 2 | 984 | $274 | 0.1 mi |
F 67284 W Chimayo Drive Active | $224,900 List Price | 1 | 2 | 851 | $264 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985, the property is well-maintained and marketed as 'turnkey ready' with high-quality furnishings and recent interior design updates. Although the 12x12 ceramic tile flooring and sliding doors reflect the original age, the unit is functional and move-in ready, fitting the 'Good' criteria for well-maintained older resort properties.
The unit boasts exceptional lakefront and golf course views from every room and the shaded patio, providing a premium resort atmosphere that significantly enhances its market desirability.
Sold fully furnished with a 'Palm Springs vibe' and a proven rental history, this property is move-in ready and features on-site management, making it an ideal hands-off income generator.
Located in the gated Desert Princess community, residents have access to 35 pools, 27 holes of PGA golf, tennis, pickleball, and a full-service spa, offering a comprehensive luxury lifestyle.
The association fee of $995 per month is substantial for a one-bedroom unit, which may deter budget-conscious buyers and impact the net ROI for investors.
At 851 square feet with only one bedroom, the property offers a compact footprint that limits its appeal to singles or couples and may feel restrictive for long-term occupancy.
Stunning lakefront/golf course views from all rooms and shaded patio make this unit one of the best values in Desert Princess. Thoughtful interior design highlights the Palm Springs 'vibe' with high quality furnishings, TVs and turnkey ready to occupy or bring in rental income. This unit has a strong rental history as either a seasonal or full-time rental. On-site management is available. Recent new additions are new sofa and patio furniture. Desert Princess Palm Springs Resort is a full-service, gated community with 1200 homes, 35 pools and spas, 27 holes of PGA Championship golf, full clubhouse with bar, dining, pro shop and locker rooms. PGA professional golf instruction, full-service tennis and fitness center, full-service spa, pickle ball, walking trails and more. The Double Tree by Hilton resort is also on site.Just 10 minutes from Downtown Palm Springs and 20 minutes to Palm Desert El Paseo shopping. Stater Brothers grocery, Fed Ex Office, Post Office, Wal-Mart, Target, Trader Joe's and all major services are within 5-10 minutes.One of the most highly sought-after resort locations in the Coachella Valley Reduced off-season rates are available on many of our properties. Please contact us for more information.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 6% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 851 | 1,335 | 5% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $216.0K | $290.0K | 9% |
| Price per sq ft | $254 | $232 | 76% |
| Built year | 1985 | 1985 | 50% |
| HOA | $995.0 | $592 | 80% |
| Days on market | 12 | 216 | 2% |
Jun 4, 2026
$216,000
Initial Listing