
Cathedral City, California 92234
This Turnkey Lakefront Condominium represents a High-Potential Investment Opportunity, currently listed at $559,000—positioned above the $487,701 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating and features a Complete Solar System, Private Pool and Spa, and Panoramic Golf Course Views. As a proven, active short-term rental, it provides immediate income potential in a premier resort community. This is an ideal acquisition for Buy-and-Hold Investors or Second-Home Buyers seeking a fully furnished, income-generating desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67627 Cielo Court Subject | $559,000* List Price | 3 | 3 | 1,604 | $304 | - |
A 67740 S Trancas Drive Active | $575,000 List Price | 3 | 2 | 1,640 | $351 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000, the property is well-maintained and move-in ready. It features several key updates including granite countertops, modern wood-look flooring, plantation shutters, and a complete solar system. The exterior pool and masonry appear in great condition, qualifying it as 'Good' despite the 24-year age.
Unlike many properties in the Coachella Valley situated on leased land, this home offers fee-simple ownership and includes a complete solar system to significantly offset desert energy costs.
The property is sold fully furnished and is located in a highly desirable, short-term rental friendly development, making it an immediate 'plug-and-play' income generator for investors.
This residence features a rare combination of a private pool and spa on a lakefront lot with panoramic mountain views, providing a high-end resort experience on a quiet, private street.
The monthly association fee of $995 is substantial, which may impact the overall return on investment and deter buyers sensitive to high fixed monthly expenses.
Despite having a private pool and lot, the property is classified as a condominium, which typically involves stricter HOA oversight and less autonomy over exterior maintenance compared to a detached single-family home.
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 | 2.0 | 78% |
| Baths | 3.0 | 2.0 | 90% |
| Square foot | 1,604 | 1,371 | 83% |
| Lot Size | 6,098 | 1,307 | 97% |
| Price | $559.0K | $290.0K | 94% |
| Price per sq ft | $349 | $234 | 99% |
| Built year | 2000 | 1985 | 99% |
| HOA | $995.0 | $593 | 80% |
| Days on market | 2 | 208 | 1% |
Jun 4, 2026
$559,000
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