67527 N Portales Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This Turnkey Resort Condominium is listed at $299,000, representing a stable entry point at its $299,000 Fair Market Value. Following an extensive renovation, the property maintains an Excellent Condition Rating and features a modern kitchen, spa-inspired primary suite, and a covered patio with panoramic golf course and mountain views. Located within the amenity-rich Desert Princess community and served by the well-rated Rio Vista Elementary School, this residence offers a seamless transition into the desert lifestyle. It is an ideal match for seasonal residents or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67527 N Portales Drive Subject | $269,000* List Price | 2 | 2 | 1,212 | $222 | - |
A 67488 Toltec Court Sold | $320,000 | 2 | 2 | 1,285 | $249 | 0.1 mi |
B 28640 W Natoma Drive Sold | $235,000 | 2 | 2 | 1,177 | $200 | 0.3 mi |
C 67270 Cumbres Court Sold | $270,000 | 2 | 2 | 984 | $274 | 0.3 mi |
D 67825 N Portales Drive Sold | $275,000 | 2 | 2 | 1,212 | $227 | 0.3 mi |
E 29221 E Portales Drive Sold | $290,000 | 2 | 2 | 1,212 | $239 | 0.7 mi |
F 28738 W Natoma Drive Sold | $275,000 | 2 | 2 | 1,177 | $234 | 0.4 mi |
G 67591 N Portales Active | $339,900 List Price | 2 | 2 | 1,212 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1985, the property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features contemporary cabinetry, stone countertops, and stainless steel appliances, while the bathrooms have been updated with spa-inspired finishes and modern tiling. With new flooring throughout, updated light fixtures, and a recently replaced AC system, the home is in turnkey condition with no visible deferred maintenance.
The property is turnkey and short-term rental friendly, offering an immediate 'plug-and-play' opportunity for investors looking to capitalize on the high demand for resort-style vacation rentals.
Featuring a recently updated kitchen, a new AC system, and a spa-inspired primary suite, the home provides contemporary comfort and reduces the need for immediate capital expenditures.
Located in the Desert Princess community with direct golf course views, the property includes access to premium amenities such as tennis, pickleball, fitness facilities, and multiple pools.
The monthly association fee of $954 is relatively high, which may deter budget-conscious buyers and significantly impact the net cash flow for rental investors.
With multiple price reductions from an original list price of $349,900 down to $299,000, the property's market history may suggest initial overvaluation or difficulty in securing a buyer at previous price points.
Turnkey and short-term rental friendly, 67527 North Portales Drive is a prime investment opportunity in Desert Princess. This stylish 2BR/2BA home features high ceilings, modern kitchen, private courtyard entry, and a covered patio for effortless indoor-outdoor living. The spa-inspired primary suite, new AC, and in-unit laundry create year-round comfort. With golf, pickleball, tennis, pools, fitness facilities, and clubhouse dining, this residence delivers strong rental appeal in a premier resort setting.
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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,212 | 1,212 | 50% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $269.0K | $287.0K | 37% |
| Price per sq ft | $222 | $238 | 35% |
| Built year | 1985 | 1985 | 50% |
| HOA | $954.0 | $575 | 69% |
| Days on market | 278 | 181 | 79% |
Apr 15, 2026
$269,000
$299,000
-10% Price Drop
Initial Listing
Feb 6, 2026
$299,000
$329,999
-9% Price Drop
Initial Listing
Nov 14, 2025
$329,999
$349,900
-6% Price Drop
Initial Listing
Jul 18, 2025
$349,900
Initial Listing