67433 N Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath
67433 N Chimayo Drive
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 67433 N Chimayo Drive, Cathedral City, California 92234 is currently available with a list price of $229,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this property is well-maintained and move-in ready but retains many original or older stylistic elements. While it features updated stainless steel appliances and consistent tile flooring throughout, the kitchen cabinetry and tile countertops are dated. It fits the 'fair' category as a 39-year-old home that has been maintained through regular upkeep and partial updates rather than a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views and Location
The property features stunning Western Mountain and panoramic golf course views, situated just steps from the community pool and spa within the prestigious Desert Princess Country Club.
- Favorable Lease Terms
The land lease has been extended to 2069, providing long-term security and an immediate $10,000 savings to the buyer, paired with low monthly ground rent.
- Resort-Style Amenities
Residents benefit from a 27-hole PGA Championship golf course with no initiation fees or tee-time lotteries, offering a high-value lifestyle for seasonal renters and golf enthusiasts.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The association fee of $995 per month is relatively high for a one-bedroom condo, which may affect the property's appeal to budget-conscious buyers or impact rental yields.
- Limited Living Space
With only one bedroom and 851 square feet, the unit's layout may restrict its marketability to individuals or couples, limiting its appeal for larger families or groups.
About 67433 N Chimayo Drive
Western Mountain View you can enjoy living in this fabulous 1 bedroom, 2 full bath condo. Located at The Desert Princess Country Club! With a fabulous Western Mountain view, Close to the pool.. Updated appliances, all tile flooring! Just steps away, you can splash into the pool or unwind in the spa! Location is Fabulous and the neighbors are even better!. Extended Land Lease to 2069, a $30,000 savings to buyer! Stackable washer/dryer and single car detached garage... Would make an excellent seasonal rental... Monthly ground rent is low . The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena and the Street Fair! Easy to show
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $995.0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Rio Vista Elementary School
Grades K-5 • 0.6 mi
Landau Elementary School
Grades K-5 • 1.2 mi
Agua Caliente Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 16% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 851 | 1,180 | 11% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $229.0K | $290.0K | 11% |
| Price per sq ft | $269 | $243 | 75% |
| Built year | 1985 | 1985 | 50% |
| HOA | $995.0 | $570 | 84% |
| Days on market | 157 | 171 | 47% |
Pricing History
Listed for Sale
Dec 10, 2025
$229,000
$244,000
-6% Price Drop
Initial Listing
Price Change
Oct 1, 2025
$244,000
Initial Listing