
Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $549,900—positioned well above the $353,731 Fair Market Value by -55%. While the current list price exceeds market valuation, the 2,400 sqft layout and large lot offer significant upside for those capable of addressing the Fair/Poor Condition Rating. The non-functional pool and spa require immediate capital expenditure, but the location near Panorama Park provides long-term appeal. This is a complex value-add asset ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68180 30th Avenue Subject | $549,900* List Price | 3 | 3 | 2,400 | $147 | - |
A 68947 Risueno Road Sold | $660,000 | 4 | 3 | 2,371 | $278 | 0.7 mi |
B 68420 Durango Sold | $495,000 | 3 | 3 | 1,864 | $266 | 0.3 mi |
C 67925 Vega Road Sold | $584,000 | 3 | 2 | 1,971 | $296 | 0.4 mi |
D 68077 Marina Road Sold | $599,000 | 3 | 3 | 2,641 | $227 | 0.4 mi |
E 68790 Minerva Road Sold | $535,000 | 4 | 2 | 2,216 | $241 | 0.7 mi |
F 68655 Durango Road Sold | $480,000 | 3 | 2 | 1,971 | $244 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old), the property falls into the poor category due to the need for significant rehab. While there are some cosmetic updates like laminate flooring and a stone backsplash, the kitchen cabinets are dated originals that have been painted, and the listing explicitly states the pool and jacuzzi are non-functional, indicating major system/amenity failure.
Situated in the sought-after Panorama neighborhood near Panorama Park and minutes from Palm Springs, offering excellent lifestyle appeal and convenience.
Boasting 2,400 square feet of interior space plus a flexible floor plan, this home provides significant room for customization and comfortable living.
The large lot and existing pool/spa infrastructure offer a prime opportunity for investors or homeowners to add substantial value through renovation.
The pool and jacuzzi are currently not functioning, requiring immediate capital expenditure and repair work upon purchase.
The property is positioned as a project needing a 'personal touch,' suggesting that updates and repairs are necessary to modernize the 1988-built home.
Welcome to this spacious home located in the highly desirable Panorama neighborhood of Cathedral City! Featuring 3 bedrooms plus additional flexible living space and 3 bathrooms, this property offers endless potential for the right buyer looking to create their perfect desert retreat.Situated on a huge lot, there is plenty of space for entertaining, or future outdoor projects. The property also includes a pool and Jacuzzi that are currently not functioning, offering a great opportunity for customization and added value.Inside, you'll find a comfortable layout filled with natural light and plenty of room to make it your own. Conveniently located near Panorama Park, shopping, dining, schools, and just minutes from vibrant Palm Springs, this home is full of possibilities and ready for your personal touch. Don't miss this incredible opportunity in one of Cathedral City's most desirable neighborhoods!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,400 | 1,755 | 87% |
| Lot Size | 8,276 | 7,841 | 53% |
| Price | $549.9K | $555.0K | 49% |
| Price per sq ft | $229 | $316 | 6% |
| Built year | 1988 | 1990 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 167 | 0% |
May 16, 2026
$549,900
Initial Listing
Aug 18, 2004
$360,000
Public Record