
Cathedral City, California 92234
This Spacious Panorama Residence is a Prime Investment Opportunity, listed at $599,000—positioned well below the $611,308 Fair Market Value by 2%. This valuation gap offers $12,308 in Instant Equity for the incoming buyer. The property maintains a Condition Rating of 3, featuring a Modernized Kitchen with granite countertops and a resort-style Outdoor Oasis with a pool, spa, and Mountain Views. Located within the Palm Springs Unified district near Rio Vista Elementary, this home combines functional split-level living with desert luxury. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68185 Berros Court Subject | $572,500* List Price | 3 | 2 | 2,194 | $261 | - |
A 68240 Concepcion Road Sold | $623,000 | 3 | 3 | 2,298 | $271 | 0.6 mi |
B 68450 Durango Road Sold | $665,000 | 3 | 2 | 2,391 | $278 | 0.8 mi |
C 68940 Concepcion Sold | $495,000 | 3 | 2 | 1,588 | $312 | 0.9 mi |
D 68420 Durango Sold | $495,000 | 3 | 3 | 1,864 | $266 | 0.8 mi |
E 68290 Hermosillo Sold | $565,000 | 3 | 3 | 1,875 | $301 | 0.7 mi |
F 68256 Pasada Road Sold | $589,500 | 3 | 2 | 1,865 | $316 | 0.2 mi |
G 68730 Panorama Road Active | $610,000 List Price | 3 | 2 | 2,097 | $291 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a modernized kitchen with granite countertops, contemporary cabinetry, and stainless steel appliances. Although built in 1987, the home has been well-maintained and updated with modern tile flooring, neutral paint, and updated fixtures. The outdoor pool and spa area are in good condition, and the overall aesthetic reflects a property that has undergone significant updates within the last 10-15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2194.
The property features an expansive backyard with a sparkling pool, spa, and a private balcony offering stunning mountain views, perfectly capturing the desert lifestyle.
A spacious 2,194 sqft split-level layout includes a large ground-floor bonus room and soaring cathedral ceilings, providing flexible options for a home office, gym, or media room.
Significant price reductions from the original $675,000 list price may suggest initial overvaluation or extended time on the market, which can affect buyer confidence.
The split-level architectural design, while offering character, may pose accessibility challenges for buyers seeking a traditional single-story desert residence.
Welcome to this stunning home located in the highly desirable Panorama neighborhood of Cathedral City. Situated at the end of a quiet cul-de-sac, this residence offers the perfect combination of privacy, comfort, and desert charm. From the moment you arrive, you'll be greeted by a custom-designed entry gate that sets the tone for the unique character of the property.Inside, the home features a spacious split-level floor plan with a large open great room, complete with soaring cathedral ceilings and a cozy fireplace that creates a warm and inviting atmosphere. Natural light pours in through expansive windows, highlighting the thoughtful design and providing a seamless flow between the indoor and outdoor living spaces. The updated kitchen is a true centerpiece, boasting sleek stainless steel appliances, granite countertops, modern cabinetry, and a convenient eating bar that makes entertaining and casual dining effortless. Just off the dining area, a private balcony offers breathtaking views of the surrounding mountains and overlooks the pool and backyard below, creating the perfect spot for morning coffee or evening relaxation.The ground level offers incredible versatility with a spacious bonus area that can serve as a recreation room, home office, media room, or anything else to fit your lifestyle. The possibilities are endless, whether you need a space to work from home, enjoy movie nights, or create a private retreat for hobbies and fitness. A laundry room is also conveniently located on the ground floor for easy access. Every room in the home is equipped with ceiling fans, ensuring comfort throughout the year.Step outside and discover your own backyard oasis. The expansive yard is designed for relaxation and entertainment, featuring a sparkling pool and spa surrounded by generous patio space. Whether you're hosting a large gathering, enjoying a summer BBQ with friends and family, or simply basking in the desert sun, this outdoor space is sure to impress. The layout provides plenty of room for lounging, dining, and creating the ultimate desert lifestyle experience.This home truly captures the essence of desert living--offering tranquility, privacy, and resort-style amenities, all while being close to shopping, dining, schools, and the vibrant energy of Cathedral City and nearby Palm Springs. Don't miss the opportunity to make this beautiful Panorama home your own and start enjoying the best of desert living today.
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 | 2,194 | 1,771.5 | 80% |
| Lot Size | 9,148 | 7,841 | 76% |
| Price | $572.5K | $545.0K | 58% |
| Price per sq ft | $261 | $308 | 20% |
| Built year | 1987 | 1992 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 184 | 22% |
Mar 16, 2026
$572,500
$599,000
-4% Price Drop
Initial Listing
Feb 21, 2026
$599,000
$619,000
-3% Price Drop
Initial Listing
Feb 3, 2026
$619,000
$675,000
-8% Price Drop
Initial Listing
Jan 9, 2026
$675,000
Initial Listing
Mar 17, 2014
$255,000
Public Record
Jun 3, 2005
$349,500
Public Record