67690 Peineta Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
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Cathedral City, California 92234
This Fixer-Upper Opportunity represents a high-potential Value-Add Asset listed at $439,000. Carrying a Condition Rating of 5, the residence requires a comprehensive interior overhaul but offers substantial upside for buyers looking to modernize a spacious 1,702 sqft floor plan. The property’s primary strength is its expansive 8,276 Sq. Ft. Lot featuring clear Mountain Views and ample space for a pool, spa, or ADU. Located within the Palm Springs Unified District near Rio Vista Elementary, this home combines a strategic location with significant equity-building potential. It is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67690 Peineta Road Subject | $439,000* List Price | 3 | 2 | 1,702 | $203 | - |
A 27133 Shadowcrest Sold | $440,000 | 3 | 2 | 1,549 | $284 | 0.4 mi |
B 67185 Ontina Road Sold | $400,000 | 3 | 2 | 1,549 | $258 | 0.6 mi |
C 68120 Empalmo Road Sold | $460,000 | 3 | 2 | 1,573 | $292 | 0.6 mi |
D 67860 Ontina Road Sold | $560,000 | 3 | 2 | 1,718 | $326 | 0.4 mi |
E 68261 Riviera Road Active | $505,500 List Price | 3 | 3 | 1,740 | $291 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer' requiring a 'complete overhaul' and 'substantial capital investment.' Built in 1984, the interior remains largely original with dated oak cabinetry, fluorescent light boxes, popcorn ceilings, and aged purple carpeting. While the structure appears intact, the kitchen and bathrooms require full modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1702.
Marketed as a fixer-upper with a motivated seller, this property offers substantial upside potential for investors or buyers looking to build equity through a custom renovation.
The generous 8,276 sqft lot features a fully enclosed backyard with block wall fencing, providing a versatile canvas for a pool, spa, or a potential ADU.
As a dedicated fixer opportunity, the property will require significant capital investment and labor to address necessary repairs and modernization.
Built in 1984 and requiring a complete overhaul, the home likely features aged systems and finishes that do not meet contemporary aesthetic or efficiency standards.
Motivated seller--don't miss this incredible fixer opportunity with strong upside potential. This 3-bedroom, 2-bath home offers approximately 1,702 sq ft of living space, featuring indoor laundry, an attached 2-car garage, and a versatile enclosed sunroom patio. Perfect for buyers looking to renovate, customize, and add value, the property sits on a generously sized lot with a fully enclosed backyard and block wall fencing. There's ample space to create your ideal outdoor retreat--whether that's a pool, spa, ADU (buyer to verify), or an entertainer's backyard.Conveniently located near shopping, dining, Palm Springs International Airport, Rio Vista Elementary School, minutes away to downtown Palm Springs, and with easy access to I-10 freeway. This home combines location, potential, and opportunity.Bring your vision and make it your own.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.5 mi
Grades K-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,702 | 1,785 | 44% |
| Lot Size | 8,276 | 7,841 | 54% |
| Price | $439.0K | $545.0K | 14% |
| Price per sq ft | $258 | $308 | 17% |
| Built year | 1984 | 1991 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 176 | 1% |
Apr 17, 2026
$439,000
Initial Listing