
Cathedral City, California 92234
This Single Family Residence is a High-Potential Investment Opportunity, listed at $550,000—positioned well below the $562,896 Fair Market Value by 2%. This valuation gap offers $12,896 in Instant Equity. Featuring a Condition Rating of 3, the home includes a spa-style pool, panoramic mountain views, and an updated granite kitchen. Located in the historic Cathedral City Cove, this property balances lifestyle appeal with solid financial fundamentals. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68253 Grandview Subject | $550,000* List Price | 2 | 2 | 1,297 | $434 | - |
A 68067 Vista Del Valle Court Sold | $655,000 | 2 | 2 | 1,557 | $421 | 0.2 mi |
B 37445 Bankside Drive Sold | $675,000 | 3 | 3 | 1,446 | $467 | 0.6 mi |
C 37530 Melrose Drive Active Under Contract | $399,000 List Price | 3 | 2 | 1,328 | $300 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1958, the property has undergone significant renovations including an updated kitchen with granite/wood countertops and stainless steel appliances. The addition of dual-pane Low-E windows, skylights, and a well-maintained pool area indicates the home is functional and move-in ready, fitting the 5-15 year renovation profile.
The property features a spa-style pool with a waterfall, multiple covered patios, and ambient lighting, all designed to maximize the panoramic Santa Rosa Mountain views.
The home boasts an updated kitchen with a custom granite/wood island and stainless steel appliances, complemented by energy-efficient Low-E windows and multiple skylights.
Located in the secluded and historic Cathedral City Cove, the property offers a unique blend of privacy, artistic community vibes, and direct access to mountain trails.
The property is being sold in as-is condition, placing the burden of verification and potential immediate repair costs entirely on the buyer.
With under 1,300 square feet of living space and a 1958 build date, the interior layout may feel small or dated in configuration compared to more modern residential standards.
Tucked away in the hills of the desirable and historic Cove of Cathedral City, this private and secluded home offers exceptional outdoor living. The 2-bedroom, 2-bath residence with an additional office/den features a spa-style pool and multiple enclosed outdoor spaces designed for entertaining. Located in The Cove, an eclectic community known for its art, history, and desert surroundings, the property is bordered by mountains, trails, and natural open space. Native bighorn sheep are commonly seen in the area, with protected habitat at the top of the Cove preserving their environment. Panoramic views. Home offers strong potential with some deferred maintenance, Previous marketing photos used for reference; current condition may differ. Pool is currently drained. Sold As-Is. Buyer to verify condition.
No exterior & parking available.
Grades K-5 • 3.5 mi
Grades K-5 • 4.7 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,297 | 1,747.5 | 13% |
| Lot Size | 6,970 | 7,841 | 27% |
| Price | $550.0K | $552.5K | 50% |
| Price per sq ft | $424 | $316 | 90% |
| Built year | 1958 | 1990 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 168 | 1% |
May 16, 2026
$550,000
Initial Listing
Feb 27, 2017
$325,000
Public Record
Jan 19, 2006
$269,000
Public Record
Apr 15, 2005
$255,000
Public Record