
Cathedral City, California 92234
This Desert Princess Resort Condo is a strategic Value-Add Asset listed at $249,000, reflecting the stability of its $232,586 Fair Market Value. Currently holding a Condition Rating of 4, the interior presents a prime opportunity for cosmetic modernization to drive forced appreciation. The property boasts unobstructed Golf Course and Mountain Views, a private patio, and access to 35 Pools and Spas within a guard-gated community. Benefiting from an Extended 2069 Land Lease and proximity to Rio Vista Elementary School, this is an ideal entry point for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67507 Toltec Court Subject | $249,000* List Price | 2 | 2 | 1,177 | $198 | - |
A 67451 Toltec Court Sold | $228,000 | 3 | 2 | 1,285 | $177 | 0.1 mi |
B 28764 Taos Court Sold | $310,000 | 2 | 2 | 1,177 | $263 | 0.3 mi |
C 67388 S Chimayo Drive Sold | $250,000 | 2 | 2 | 1,177 | $212 | 0.2 mi |
D 67216 S Chimayo Sold | $255,000 | 3 | 2 | 1,285 | $198 | 0.3 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 | 0.4 mi |
G 28780 Desert Princess Drive Active | $289,500 List Price | 2 | 2 | 1,212 | $239 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is mostly in original condition and shows signs of being outdated. The kitchen features older white appliances and dated tile countertops, while the bathrooms and flooring reflect the home's age without significant modern renovations. It is well-maintained and functional but requires cosmetic updates to meet current market standards.
Welcome to 67507 Toltec Court, a fantastic vacation or income property located in the desirable Desert Princess community of Cathedral City. LOCATION, location, location!! This private, end unit, 2-bedroom, 2-bathroom condo spans 1,177 square feet and has expansive views to the south looking over the beautiful green fairways across to the mountains! The community offers an impressive array of amenities, including gym, golf, pickleball, and tennis courts, 35 pools and spas, and a clubhouse complete with a pro shop, grill, and lounge! Enjoy the peace of mind provided by the 24-hour guard-gated security. With the allowance for short-term rentals, this property is perfect for generating rental income. BONUS - the land lease has been extended to the year 2069 and is only $2243/year. Whether you're looking to invest or create a vacation getaway, this condo is brimming with potential. Make it your next successful venture in this vibrant community!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 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 | 1,177 | 1,212 | 43% |
| Lot Size | - | 1,307 | 19% |
| Price | $249.0K | $287.0K | 22% |
| Price per sq ft | $212 | $238 | 24% |
| Built year | 1985 | 1985 | 50% |
| HOA | $954.0 | $575 | 69% |
| Days on market | 181 | 181 | 53% |
Mar 5, 2026
$249,000
$259,000
-4% Price Drop
Initial Listing
Jan 7, 2026
$259,000
$289,000
-10% Price Drop
Initial Listing
Oct 23, 2025
$289,000
Initial Listing