68115 Peladora Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
68115 Peladora Road
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 68115 Peladora Road, Cathedral City, California 92234 reveals a property with a current list price of $649,000, which is 6% above the estimated $606,384 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68115 Peladora Road Subject | $649,000* List Price | 3 | 2 | 1,975 | $307 | - |
A 68650 30th Avenue Sold | $468,000 | 3 | 2 | 1,814 | $258 | 0.9 mi |
B 68405 30th Avenue Sold | $548,000 | 3 | 2 | 1,809 | $303 | 0.8 mi |
C 68655 Durango Road Sold | $480,000 | 3 | 2 | 1,971 | $244 | 0.7 mi |
D 67860 Ontina Road Sold | $560,000 | 3 | 2 | 1,718 | $326 | 0.8 mi |
E 68420 Riviera Road Sold | $469,000 | 3 | 2 | 1,680 | $279 | 0.5 mi |
F 67755 Ontina Road Sold | $535,000 | 4 | 2 | 1,847 | $290 | 0.8 mi |
G 68261 Riviera Road Active | $519,900 List Price | 3 | 3 | 1,740 | $299 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2002, this home is well-maintained with functional systems and desirable features like paid solar, a private pool, and updated bedroom flooring. However, the kitchen and master bathroom, while clean and functional, largely retain their original early 2000s aesthetic with granite countertops and tile finishes that are now considered dated, requiring minor updates to modernize.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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 = 1975.
- Paid-for Solar System
The property includes a paid-for solar system, offering significant energy savings and environmental benefits, which is a highly attractive feature.
- Private Pool and Spa
The backyard features a private pool and spa, ideal for year-round relaxation and entertaining, a key amenity for desert living.
CONSRISKS & DEFICIENCIES
- Aggressive Pricing Relative to Recent Sales
The current list price of $649,000 is a substantial increase from the $550,000 sale in February 2022, which may require strong justification through unstated upgrades or a very robust market to attract buyers.
- Lack of Explicit Central Cooling System Details
In a desert climate, the absence of specific mention of a modern or efficient central air conditioning system could be a concern for potential buyers regarding comfort and energy costs.
- Potential for Aging Systems
Built in 2002, the property is over 20 years old, meaning major systems (HVAC, water heater, roof) may be original or nearing the end of their expected lifespan, potentially leading to future replacement costs for the buyer.
About 68115 Peladora Road
Welcome to this well-maintained 3-bedroom, 2-bathroom home located in the desirable Panorama Park neighborhood of Cathedral City. Inside, you'll find an open and functional layout with a spacious bonus room, ideal for a home office or extra living space. The kitchen features granite countertops and plenty of cabinet storage, blending style and practicality.Step through the grand front entry door and enjoy the warm, inviting feel throughout. Outside, the backyard is designed for desert living -- complete with a private pool and spa, perfect for entertaining or relaxing year-round. The property also includes paid-for solar for energy savings and RV parking, providing both convenience and flexibility.Set in a quiet residential area close to Panorama park, shopping, and dining, this home offers comfort, value, and the best of desert living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Landau Elementary School
Grades K-5 • 0.9 mi
Rio Vista Elementary School
Grades K-5 • 0.9 mi
Sunny Sands Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,975 | 1,753.5 | 68% |
| Lot Size | 8,276 | 7,841 | 55% |
| Price | $649.0K | $545.0K | 78% |
| Price per sq ft | $329 | $309 | 62% |
| Built year | 2002 | 1994 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 179 | 4% |
Pricing History
Listed for Sale
Jan 16, 2026
$649,000
Initial Listing
Sold
Feb 14, 2022
$550,000
Public Record
Sold
Aug 31, 2021
$548,000
Public Record
Sold
Dec 11, 2017
$335,000
Public Record