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67440 S Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath

67440 S Chimayo Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$284,000
67440 S Chimayo Drive, Cathedral City, California 92234
1Bed
2Baths
851Sqft
0.03Lot
Year Built
1986
Close
-
List price
$284K
Original List price
$299K
Price/Sqft
$334
HOA
$954
Days on market
-
Sold On
-
MLS number
219125735DA
Home ConditionExcellent
Features
Excellent View: Golf Course
Patio
ViewGolf Course

About this home

We found 3 Cons,5 Pros. Rank: price - $284.0K(33th), sqft - 851(11th), beds - 1(16th), baths - 2(50th).

A Show Stopper, This one was redone Classey & Stunning, beautifully renovated bright end unit, 1 bedroom and 2 full bathrooms. Custom kitchen cabinets, quartz countertops, laminate beautifully done flooring in the living, kitchen & baths! Luxury carpet in the bedroom. Shutters throughout, Modern ceiling fans, new side & bathroom windows.. Stunning Golf Course View. End Unit for that privacy! All new lighting through-out. A must see classy, remodeled condo. It's perfect. Gated front entry for your fur baby's.. This property will be a great investment as a rental or second home... The newer HVAC heating and cooling system includes Nest climate control. Water heater is new.. Just all new! Lease extended to 2069!!! This location is perfect. 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. HOA includes 24 hr guard gate, gym, Tennis, pickle ball, racket ball, club house, cable TV including wifi. Easy to show... A beauty!!!

Nearby schools

6/10
Rio Vista Elementary School
Public,•K-5•0.8mi
5/10
Landau Elementary School
Public,•K-5•1.1mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.3mi
5/10
James Workman Middle School
Public,•6-8•2.6mi
4/10
Desert Learning Academy
Public,•K-12•2.7mi
6/10
Cathedral City High School
Public,•9-12•3.4mi
Condition Rating
Excellent
Despite being built in 1986, this property has undergone a comprehensive and high-quality renovation, as explicitly stated in the description ('redone Classey & Stunning,' 'Just all new!'). The kitchen features custom cabinets, quartz countertops, and new stainless steel appliances. Bathrooms are fully updated with modern vanities, fixtures, and stylish tiling. New laminate flooring and luxury carpet, modern lighting, new windows, and a newer HVAC system with Nest control, along with a new water heater, all contribute to a virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: The condo has undergone a comprehensive and high-quality renovation, featuring custom kitchen cabinets, quartz countertops, new flooring, shutters, modern ceiling fans, new windows, updated lighting, and a new HVAC system with Nest control and water heater.
Premium Community & Location: Situated in the Desert Princess community, offering an affordable 27-hole PGA golf course, extensive HOA amenities (24-hr guard gate, gym, tennis, pickleball, clubhouse, cable TV/wifi), and a quiet setting minutes from Palm Springs attractions.
Stunning Golf Course Views: Enjoy picturesque views of the golf course, enhancing the property's aesthetic appeal and desirability.
Enhanced Privacy (End Unit): As an end unit, the property benefits from increased privacy and natural light compared to interior units.
Long Lease Term & Investment Potential: The lease is extended until 2069, offering a long-term tenure, and the property is highlighted as a strong candidate for rental income or a second home.

Cons

High Monthly HOA Fees: The association fee of $954.00 per month is substantial and could impact affordability and long-term ownership costs.
Limited Living Space: With only 1 bedroom and 851 square feet, the property offers limited living space, which may not suit all buyer needs or family sizes.
Leasehold Ownership: The property is a leasehold, not fee simple, meaning the land is leased. While the lease is long (until 2069), this ownership structure can be a deterrent for some buyers and may affect financing options or future resale value.

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