67640 Lagos Way, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath
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Cathedral City, California 92234
This Turnkey Condominium is a Strong Value Opportunity, listed at $205,000—positioned well below the $204,697 Fair Market Value by a negligible margin, reflecting a stable, fair-market price. Featuring a Condition Rating of 3, the unit offers meticulous maintenance and recent upgrades including a new HVAC system and updated appliances. With unobstructed golf course and lake views, this property provides a premium resort lifestyle within the Desert Princess community. It is an ideal acquisition for Buy-and-Hold Investors or seasonal residents seeking a move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67640 Lagos Way Subject | $205,000* List Price | 1 | 2 | 851 | $241 | - |
A 28621 E Portales Drive Sold | $215,000 | 2 | 2 | 984 | $218 | 0.4 mi |
B 67268 S Chimayo Drive Sold | $215,000 | 1 | 2 | 851 | $253 | 0.5 mi |
C 67507 Toltec Court Sold | $200,000 | 2 | 2 | 1,177 | $170 | 0.4 mi |
D 28640 W Natoma Drive Sold | $235,000 | 2 | 2 | 1,177 | $200 | 0.2 mi |
E 67364 Cumbres Court Active | $250,000 List Price | 1 | 2 | 851 | $294 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property is in meticulous condition with significant recent updates including a new HVAC system, new windows, and updated appliances. The interior is functional and turnkey ready, though some finishes like the bathroom tile and vanity remain dated.
The unit offers exceptional lakefront and golf course views from every room and the shaded patio, providing significant aesthetic value and a sense of tranquility.
Featuring recent upgrades including a new HVAC system, new windows, and updated appliances, the property is meticulously maintained and ready for immediate occupancy or rental income.
Located in the gated Desert Princess community, residents enjoy access to 35 pools, 27 holes of championship golf, tennis, pickleball, and a full-service fitness center and spa.
The association fee of $995 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and net ROI for investors.
With only 851 square feet and a single bedroom, the property offers limited interior space, which may restrict its appeal to individuals or couples rather than larger households.
Stunning lakefront/golf course views from all rooms and shaded patio make this unit one of the best values in Desert Princess. Updated interior design maintained in meticulous condition. Turnkey ready to occupy or bring in rental income. This unit has a strong rental history as either a seasonal or full-time rental. On-site management is available. Recent updates/improvements include new HVAC, new windows, updated appliances, front landscaping, rear desert scape and more.Desert Princess Palm Springs Resort is a full-service, gated community with 1200 homes, 35 pools and spas, 27 holes of PGA Championship golf, full clubhouse with bar, dining, pro shop and locker rooms. PGA professional golf instruction, full-service tennis and fitness center, full-service spa, pickle ball, walking trails and more. The Double Tree by Hilton resort is also on site.Just 10 minutes from Downtown Palm Springs and 20 minutes to Palm Desert El Paseo shopping. Stater Brothers grocery, Fed Ex Office, Post Office, Wal-Mart, Target, Trader Joe's and all major services are within 5-10 minutes.One of the most highly sought-after resort locations in the Coachella Valley Reduced off-season rates are available on many of our properties.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 851 | 1,194.5 |
| Lot Size | 1,307 | 1,307 |
| Price | $205.0K | $295.2K |
| Price per sq ft | $241 | $227 |
| Built year | 1986 | 1985 |
| HOA | $995.0 | $622 |
| Days on market | 15 | 98 |
Jul 7, 2026
$205,000
Initial Listing