
Cathedral City, California 92234
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $566,948 Fair Market Value by 7%. This valuation gap provides $41,948 in Instant Equity for a property in Excellent Condition. Built in 2021, the home features a chef-inspired kitchen, mountain views, and an expansive lot with significant pool potential. Located near Rio Vista Elementary, it balances contemporary luxury with immediate financial upside. This is an ideal acquisition for Owner-Occupants or Lifestyle Buyers seeking a nearly new, high-equity sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67561 Rio Largo Road Subject | $525,000* List Price | 3 | 3 | 1,924 | $287 | - |
A 67413 Lakota Court Sold | $682,000 | 3 | 3 | 1,951 | $350 | 1.0 mi |
B 67350 Medano Road Sold | $485,750 | 3 | 2 | 1,647 | $295 | 0.3 mi |
C 67810 Ontina Sold | $625,000 | 4 | 3 | 1,980 | $316 | 0.3 mi |
D 67265 Rango Road Sold | $545,000 | 3 | 2 | 1,766 | $309 | 0.5 mi |
E 67413 Rio Naches Road Sold | $475,000 | 2 | 2 | 1,811 | $262 | 0.1 mi |
F 27650 Avenida Terrazo Sold | $533,000 | 3 | 3 | 1,836 | $290 | 0.5 mi |
G 67462 Rio Naches Road Active Under Contract | $499,000 List Price | 3 | 2 | 1,924 | $259 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is only 3 years old, placing it firmly in the excellent category. The home features modern wood-look tile flooring, recessed lighting, and contemporary finishes throughout. Systems like HVAC and electric are nearly new, and the kitchen/baths are in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1924.
Built in 2021, this home features a contemporary open-concept floor plan with an oversized living area and a chef-inspired kitchen, offering the benefits of nearly new construction.
As one of the largest lots in the Verano development, the 7,841 sqft parcel provides a rare amount of outdoor space with ample room to install a private pool while maintaining a lawn.
The $210 monthly association fee adds a consistent carrying cost that may impact the overall affordability for budget-conscious buyers.
While the local elementary school is conveniently close, the surrounding middle and high schools have average ratings (4-6), which may be a consideration for families prioritizing top-tier education.
IF YOU'RE LOOKING FOR THAT WOW HOME THIS IS IT. THIS 3 BEDROOM, 2 BATH HOME HAS ONE OF THE MOST FANTASTIC LAYOUTS FOR EVERYDAY LIVING. THE PROPER ENTRY LEADS YOU TO AN OVERSIZED LIVING ROOM AND A DINING ROOM THAT IS RIGHT OFF THE KITCHEN MAKING THAT A GREAT SIZED AREA WITH A LARGE ISLAND, PANTRY AND WONDERFUL COUNTER SPACE. YOU GO DOWN THE WIDE HALLWAY TO AN ALCOVE WHERE THE FULL SIZED BATHROOM SEPARATES THE TWO BEDROOMS. THEN DOWN THE HALLWAY TO THE PRIMARY BEDROOM WHICH IS OVERSIZED AND HAS A LARGE PRIMARY BATHROOM WITH A WALK IN CLOSET. THIS IS ONE OF THE LARGEST LOTS IN THE DEVELOPMENT WITH A GREAT LAWN AREA THAT COULD EASILY HAVE A POOL AND STILL LOTS OF SPACE.HOA INCLUDES A CLUBHOUSE, CAN BE RENTED, FULL GYM, 2 POOLS, JACUZZI, BOCCE BALL COURT, PICKLE BALL COURT, LARGE KIDS PARK, SIDE WALKS ALL OVER AND A COUPLE OF DOG AREAS.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 2.8 mi
Grades K-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,924 | 1,759 | 65% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $525.0K | $552.5K | 41% |
| Price per sq ft | $273 | $316 | 25% |
| Built year | 2021 | 1990 | 91% |
| HOA | $210.0 | $0 | 73% |
| Days on market | 36 | 168 | 2% |
May 1, 2026
$525,000
Initial Listing
Sep 30, 2021
$382,000
Public Record
Aug 4, 2020
$2,246,500
Public Record
Aug 4, 2020
$5,120,500
Public Record