67640 Lagos Way, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath
67640 Lagos Way
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 67640 Lagos Way, Cathedral City, California 92234 is currently available with a list price of $259,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cathedral City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1986, is exceptionally clean and meticulously maintained, with recent functional updates like new kitchen appliances and a new stackable washer/dryer. However, the kitchen cabinetry, countertops, and both bathrooms (vanities, tiled counters, and lighting) exhibit significantly dated styles, likely from an older renovation or original to the build. While move-in ready and functional, these areas show signs of being outdated and would require cosmetic updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Scenic Views
Situated on Lagos #3 with views of lakes, mountains, and fairways, offering a desirable golf course setting within the Desert Princess Country Club.
- Extensive Resort-Style Amenities
The HOA provides a wealth of amenities including a 27-hole PGA Championship golf course (no tee-time lotteries/initiation fees), 34 pools/spas, tennis, pickleball, racquetball, fitness center, and clubhouse dining.
- Immaculate & Turnkey Condition
The condo is super clean, meticulously maintained, turnkey furnished, and features recent upgrades like new appliances and a stackable washer/dryer, making it move-in ready.
CONSRISKS & DEFICIENCIES
- Land Leasehold Property
The property is subject to a land lease that expires in 2069, which can impact financing options, long-term appreciation, and ownership structure.
- High Monthly Association Fees
The association fee of $995.00 per month is substantial and could be a significant ongoing cost for potential buyers, despite the extensive amenities included.
- Older Construction Year
Built in 1986, while well-maintained, the property's age may raise concerns about potential future maintenance or system updates not explicitly mentioned as recently replaced.
About 67640 Lagos Way
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $995.0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Landau Elementary School
Grades K-5 • 0.7 mi
Rio Vista Elementary School
Grades K-5 • 1.0 mi
Agua Caliente Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 16% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 851 | 1,180 | 11% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $259.0K | $290.0K | 29% |
| Price per sq ft | $304 | $243 | 91% |
| Built year | 1986 | 1985 | 53% |
| HOA | $995.0 | $570 | 84% |
| Days on market | 68 | 171 | 5% |
Pricing History
Listed for Sale
Jan 21, 2026
$259,000
$279,000
-7% Price Drop
Initial Listing
Price Change
Dec 29, 2025
$279,000
Initial Listing