
Cathedral City, California 92234
This Resort-Style Condominium is listed at $208,000, offering a stable acquisition price aligned with its $203,696 Fair Market Value. Featuring a Condition Rating of 4, the interior is well-maintained with updated appliances and durable tile flooring. The property provides exceptional value through an Extended Land Lease to 2069 and premium Western Mountain and Golf Course Views. Located within the Palm Springs Unified District near Rio Vista Elementary, the unit offers access to world-class PGA golf and 35 pools. This is an ideal opportunity for Buy-and-Hold Investors or seasonal residents seeking a turnkey desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67433 N Chimayo Drive Subject | $208,000* List Price | 1 | 2 | 851 | $239 | - |
A 67268 S Chimayo Drive Sold | $215,000 | 1 | 2 | 851 | $253 | 0.2 mi |
B 28346 Desert Princess Drive Sold | $202,000 | 1 | 2 | 851 | $237 | 0.3 mi |
C 67366 S Chimayo Drive Sold | $225,000 | 1 | 2 | 851 | $264 | 0.2 mi |
D 67388 S Chimayo Drive Sold | $250,000 | 2 | 2 | 1,177 | $212 | 0.2 mi |
E 67438 67438 Toltec Active | $214,900 List Price | 1 | 2 | 851 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 10% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 851 | 1,212 | 10% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $208.0K | $287.0K | 4% |
| Price per sq ft | $244 | $239 | 57% |
| Built year | 1985 | 1985 | 50% |
| HOA | $995.0 | $575 | 79% |
| Days on market | 203 | 181 | 68% |
Mar 29, 2026
$208,000
$229,000
-9% Price Drop
Initial Listing
Dec 10, 2025
$229,000
$244,000
-6% Price Drop
Initial Listing
Oct 1, 2025
$244,000
Initial Listing