
Cathedral City, California 92234
This Private Lakefront Resort Residence is listed at $595,000, representing a high-utility acquisition within the prestigious Desert Princess Country Club. Positioned relative to its $532,842 Fair Market Value, the property offers significant long-term value through rare Fee-Simple Land ownership and a Complete Solar System that offsets energy costs. Boasting a Fair Condition Rating, the home includes a Private Pool and Spa with panoramic mountain views and comes turnkey furnished. Located near Landau Elementary School, this is an ideal match for Lifestyle-Focused Buyers or Short-Term Rental Investors seeking a move-in-ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67627 Cielo Court Subject | $595,000* List Price | 3 | 3 | 1,604 | $332 | - |
A 29839 Sandy Court Sold | $525,000 | 3 | 3 | 1,841 | $285 | 0.2 mi |
B 67665 S Natoma Drive Sold | $615,000 | 3 | 3 | 1,905 | $323 | 0.2 mi |
C 31285 Avenida La Gaviota Sold | $582,000 | 3 | 2 | 1,785 | $326 | 1.0 mi |
D 29597 E Trancas Drive Sold | $419,000 | 2 | 3 | 1,576 | $266 | 0.3 mi |
E 29741 W Laguna Drive Sold | $650,000 | 2 | 3 | 1,500 | $433 | 0.1 mi |
F 67925 Vega Road Sold | $584,000 | 3 | 2 | 1,971 | $296 | 0.5 mi |
G 67720 S Natoma Drive Active Under Contract | $474,900 List Price | 3 | 3 | 1,684 | $282 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this property is well-maintained and move-in ready but shows significant signs of being outdated. The kitchen features original light wood cabinetry and older black appliances, and the bathroom vanities also appear to be from the original construction. While there are some updates like newer flooring in the living areas and a solar system, the home has not undergone a comprehensive modern renovation in the last 15 years, placing it firmly in the fair category.
This property boasts a rare lakefront position with a private pool, spa, and panoramic mountain views, situated on a quiet street within the highly sought-after Desert Princess community.
Sold fully furnished with a complete solar system and a proven track record as a successful Airbnb, this fee-simple land property is ready for immediate rental income or resort-style living.
Residents enjoy access to world-class facilities, including a 27-hole PGA championship golf course, professional tennis and pickleball courts, and a fitness center, all within a secure development.
The $700 monthly HOA fee is a significant recurring expense that may impact the overall monthly carrying costs for some buyers.
A recent price reduction from the original listing suggests the property may have been initially overvalued or is facing competition in the current market segment.
Private Lakefront pool home with Fee-Simple land. One of the most desirable locations within Desert Princess Country club. Your own private pool and spa with lakefront views from the custom cobblestone patio. Light and open floorpan. 3 bedroom 3 bath completely furnished and set up to rent out or enjoy. Complete solar system to cover the energy bill. Large open kitchen with granite countertop, billiard room and more. This is a real nice set up.. .Located on a very private, quiet street within the development with Mountain View's and on your private green belts behind you. One of the best Airbnb developments. Comes turnkey furnished and ready to start leasing out with incredible amenities to enjoy; 27 hole PGA championship golf course, professional tennis courts, fitness center, Racquetball, World class Pickleball courts with private lessons and tournament play to get involved, How fun, Time to live the Palm Springs Life... Resort living currently a very active airbnb money maker
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 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 | 57% |
| Square foot | 1,604 | 1,766 | 37% |
| Lot Size | 6,098 | 7,841 | 18% |
| Price | $595.0K | $545.0K | 63% |
| Price per sq ft | $371 | $309 | 81% |
| Built year | 2000 | 1993 | 62% |
| HOA | $700.0 | $0 | 91% |
| Days on market | 38 | 184 | 1% |
Apr 15, 2026
$595,000
$629,000
-5% Price Drop
Initial Listing
Mar 15, 2026
$629,000
Initial Listing
Mar 31, 2021
$540,000
Public Record
Feb 27, 2014
$375,000
Public Record
Apr 18, 2012
$375,000
Public Record
Dec 1, 2006
$420,000
Public Record
Aug 22, 2003
$255,000
Public Record
Jun 25, 2001
$190,000
Public Record