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67640 Lagos Way, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath

67640 Lagos Way, Cathedral City, California 92234 home-pic-0
ACTIVE$279,000$851/sqft
67640 Lagos Way, Cathedral City, California 92234
1Bed
2Baths
851Sqft
1,307Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Views & Golf Course Frontage: Direct views of lakes, mountains, and fairways from Lagos #3, offering a desirable golf course lifestyle with access to a highly-rated 27-hole PGA Championship course.
Top Cons:
Land Lease Structure: The property is subject to a land lease that expires in 2069, which can impact financing options, long-term appreciation, and future resale value as the lease term diminishes.

Compared to the nearby listings

Price:$279.0K vs avg $294.0K ($-15,000)41%
Size:851 sqft vs avg 1,200 sqft12%
Price/sqft:$328 vs avg $24792%

More Insights

Built in 1986 (40 years old).
Condition: The property, built in 1986, is well-maintained and described as 'super clean' and 'immaculate' with 'new appliances' and a 'new stackable washer/dryer'. While these are positive updates, the kitchen features dated wood-trimmed white cabinets and older countertops, and the bathrooms also show dated tiled countertops and Hollywood strip lighting. The overall aesthetic, despite being clean and functional, indicates that major cosmetic renovations have not occurred recently, aligning with the 'aged but maintained' and 'major components are functional but show signs of being outdated' criteria for a 'Fair' rating. It is move-in ready but would benefit from minor updates to modernize the kitchen and bathrooms.
Year Built
1986
Close
-
List price
$279K
Original List price
$279K
Price/Sqft
$328
HOA
$995
Days on market
-
Sold On
-
MLS number
219140416DA
Home ConditionFair
Features
Excellent View: Golf Course, Panoramic
Patio
ViewGolf Course,Panoramic

About this home

Fabulous Location.. View of the lakes, mountains & fairways, located on Lagos#3, you can enjoy living in this beautiful, super clean 1 bedroom, 2 full bath condo. Owners are meticulous in maintaining this condo. Super nice Tile thru-out, Shutters, Ceiling Fans, New Appliance, turnkey furnished. Has Glass Storm Drain front door, Extended back patio area.. Close to a pool/spa perfect to unwind. Single electric garage, New stackable washer/dryer in unit. This condo is Immaculate with excellent rental history.. Located at The Desert Princess Country Club! The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. HOA includes Highspeed wifi, cable TV, Tennis Courts, Pickleball courts, Racquetball courts, Indoor fitness Center, Ping Pong, Bocce Ball & basketball.. 34 pools/spas thru-out our community! The club house offers fabulous food.. Great ambience! This quiet community is away from the noise yet minutes from everything that is in Palm Springs,, restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, hiking trails and the Street Fair! Easy to showLand lease expires 2069. Please read private remarks.

T
Tammy Stevens
Listing Agent

Nearby schools

5/10
Landau Elementary School
Public,•K-5•0.7mi
6/10
Rio Vista Elementary School
Public,•K-5•1.0mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.1mi
5/10
James Workman Middle School
Public,•6-8•2.4mi
4/10
Desert Learning Academy
Public,•K-12•2.7mi
6/10
Cathedral City High School
Public,•9-12•3.0mi
Condition Rating
Fair
The property, built in 1986, is well-maintained and described as 'super clean' and 'immaculate' with 'new appliances' and a 'new stackable washer/dryer'. While these are positive updates, the kitchen features dated wood-trimmed white cabinets and older countertops, and the bathrooms also show dated tiled countertops and Hollywood strip lighting. The overall aesthetic, despite being clean and functional, indicates that major cosmetic renovations have not occurred recently, aligning with the 'aged but maintained' and 'major components are functional but show signs of being outdated' criteria for a 'Fair' rating. It is move-in ready but would benefit from minor updates to modernize the kitchen and bathrooms.
Pros & Cons

Pros

Exceptional Views & Golf Course Frontage: Direct views of lakes, mountains, and fairways from Lagos #3, offering a desirable golf course lifestyle with access to a highly-rated 27-hole PGA Championship course.
Extensive Resort-Style Amenities: HOA includes high-speed WiFi, cable TV, tennis, pickleball, racquetball, fitness center, ping pong, bocce ball, basketball, and access to 34 pools/spas, providing a comprehensive recreational experience.
Immaculate & Turnkey Condition: Meticulously maintained, super clean, and turnkey furnished with new appliances and a stackable washer/dryer, allowing for immediate occupancy or rental.
Proven Rental Income Potential: The property boasts an excellent rental history, making it an attractive option for investors seeking consistent income.
Prime Location with Accessibility: Situated in a quiet community yet minutes from Palm Springs' vibrant attractions, including restaurants, shopping, casinos, airport, and entertainment venues.

Cons

Land Lease Structure: The property is subject to a land lease that expires in 2069, which can impact financing options, long-term appreciation, and future resale value as the lease term diminishes.
High Monthly Association Fees: A significant monthly association fee of $995, while covering extensive amenities, adds a substantial recurring cost to ownership.
Compact 1-Bedroom Layout: As a 1-bedroom, 2-bath unit with 851 sqft, its smaller footprint may limit appeal to buyers requiring more living space or additional bedrooms.
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