
Cathedral City, California 92234
This Value-Add Residential Asset is the lowest-priced single-family residence in Cathedral City, listed at $449,000. Marketed as a "blank canvas" with a Condition Rating of 5, the property requires a comprehensive renovation to realize its full potential. The oversized 8,276 SqFt Lot provides Mountain Views and space for a pool, while the Fee-Simple Land, Solar Panels, and No HOA status minimize monthly overhead. Located in the Panorama neighborhood near Rio Vista Elementary, this is a high-upside acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68110 Empalmo Road Subject | $449,000* List Price | 3 | 2 | 1,477 | $226 | - |
A 68120 Empalmo Road Sold | $460,000 | 3 | 2 | 1,573 | $292 | 0.0 mi |
B 68600 Risueno Road Sold | $378,000 | 3 | 2 | 1,348 | $280 | 0.8 mi |
C 68875 Minerva Road Sold | $479,000 | 3 | 2 | 1,620 | $296 | 0.8 mi |
D 27133 Shadowcrest Sold | $440,000 | 3 | 2 | 1,549 | $284 | 0.9 mi |
E 27874 Valencia Street Sold | $525,000 | 4 | 2 | 1,571 | $334 | 0.3 mi |
F 68605 Hermosillo Road Active | $489,000 List Price | 3 | 2 | 1,456 | $336 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer' and 'blank canvas' requiring substantial renovation and rehabilitation. Built in 1989 (35 years ago) with no recorded updates, the listing highlights immediate livability constraints and the need for significant capital investment to modernize the kitchen, bathrooms, and interior systems. It is positioned as the lowest-priced home in the area due to its distressed condition.
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 = 1477.
As the lowest-priced single-family residence in Cathedral City, this property presents a rare high-equity opportunity for investors and buyers looking to enter the market at a basement price point.
The property features fee-simple land (no lease), no HOA fees, and existing solar panels, which collectively minimize monthly carrying costs and long-term ownership expenses.
Marketed as a 'fixer' and 'blank canvas,' the home requires a substantial capital investment and project management to address its current condition and modernize the space.
Due to its status as a fixer-upper, the property is likely not move-in ready, which may limit financing options and exclude buyers who cannot fund immediate, major repairs.
Lowest Priced Single Family Residence in Cathedral City | No HOA | Solar | No Lease Land | Fixer with Large Lot & Pool PotentialAs of the time of this listing, 68110 Empalmo Road is the lowest priced single family residence in all of Cathedral City creating a rare opportunity for both investors and homebuyers to enter the market at an exceptional price point.Located in the desirable Panorama neighborhood, known for its established homes and central convenience, this 3 bedroom, 2 bath residence offers approximately 1,477 square feet of living space on an oversized 8,000+ square foot lot.This fixer presents a blank canvas ready for your vision. Whether you're an investor seeking a value-add project or a homebuyer looking to personalize and build sweat equity, the functional layout, natural light, spacious living area, and 2 car garage provide a solid starting point.The expansive backyard offers ample room for a pool, outdoor entertaining space, or future enhancements- perfect for creating your own private desert retreat.Conveniently located near shopping, dining, schools, and commuter routes, this property combines location, lot size, and opportunity in one compelling package.Fixer. Blank canvas. Equity potential. Room to grow.Bring your ideas and make it your own!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.7 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 | 1,477 | 1,766 | 26% |
| Lot Size | 8,276 | 7,841 | 54% |
| Price | $449.0K | $545.0K | 16% |
| Price per sq ft | $304 | $308 | 45% |
| Built year | 1989 | 1992 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 184 | 4% |
Feb 28, 2026
$449,000
Initial Listing
Dec 29, 1995
$71,000
Public Record