68295 Modalo, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
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Cathedral City, California 92234
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $504,000—positioned slightly above the $499,221 Fair Market Value. While not a discount buy, the property offers significant upside through its 8,276 square foot lot, which provides excellent ADU & Expansion Potential. With a Fair Condition Rating, the home is a prime candidate for cosmetic updates to drive appreciation. Located near Landau Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Cathedral City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68295 Modalo Subject | $504,000* List Price | 3 | 2 | 1,738 | $287 | - |
A 30356 Avenida Juarez Sold | $505,000 | 3 | 2 | 1,666 | $303 | 0.4 mi |
B 30608 Avenida Maravilla Sold | $473,000 | 3 | 2 | 1,600 | $296 | 0.2 mi |
C 30805 Avenida Alvera Sold | $539,000 | 3 | 2 | 1,665 | $324 | 0.4 mi |
D 68225 Marina Road Sold | $475,000 | 3 | 2 | 1,760 | $270 | 0.6 mi |
E 67875 Reed Circle Sold | $585,000 | 3 | 3 | 1,734 | $337 | 0.4 mi |
F 68420 Durango Sold | $495,000 | 3 | 3 | 1,864 | $266 | 0.4 mi |
G 30320 Travis Avenue Sold | $490,000 | 3 | 2 | 1,523 | $322 | 0.4 mi |
H 28670 Avenida Maravilla Sold | $485,000 | 3 | 2 | 1,698 | $286 | 0.9 mi |
I 68405 Tortuga Road Active Under Contract | $525,000 List Price | 3 | 2 | 1,690 | $311 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 33-year-old property is functional and well-maintained but remains largely dated. The interior features original-style checkered tile and cabinetry, and the listing does not mention recent major renovations to the kitchen, bathrooms, or core systems. It meets the criteria for 'Fair' as it is over 20 years old and requires cosmetic updates to meet modern standards.
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 = 1738.
The generous 8,276 square foot lot provides significant opportunity for future expansion, specifically the addition of an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
Situated in the desirable Upper Outpost area, the home offers excellent proximity to downtown Palm Springs, local parks, and is within walking distance (0.32 miles) to Landau Elementary School.
The property is listed as having no specific views, which may be a disadvantage in a desert market where mountain or panoramic vistas are highly sought after by buyers.
While the home is conveniently located near several educational facilities, the assigned schools carry average ratings (ranging from 4 to 6), which may be a concern for education-focused families.
Welcome to this charming Cathedral City residence offering comfort, convenience, and exciting possibilities. This single-story home features approximately 1,738 square feet of living space with three bedrooms, two bathrooms, an inviting floor plan, and a spacious lot that provides room to enjoy the best of desert living. A standout feature of this property is the generous lot size, offering potential opportunities for future expansion, including the possibility of an ADU (Accessory Dwelling Unit), subject to buyer verification with applicable agencies. Whether envisioned as additional rental income or a flexible space for multi-generational living, the possibilities are worth exploring. The outdoor space is designed for relaxation and enjoyment, featuring a lovely gazebo that creates the perfect setting for morning coffee, evening gatherings, entertaining guests, or simply taking in the peaceful desert surroundings. The expansive yard provides ample room for customization and creating your own private oasis. Located in desirable Cathedral City, this home offers convenient access to shopping, dining, entertainment, parks, golf courses, and outdoor recreation throughout the Coachella Valley. Enjoy easy proximity to downtown Palm Springs, world-class restaurants, resorts, spas, hiking trails, cultural events, and year-round desert attractions. Whether you are looking for a full-time residence, seasonal getaway, investment opportunity, or a property with room to grow, 68295 Modalo Road offers a rare combination of location, lifestyle, and future potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,738 | 1,810.5 |
| Lot Size | 8,276 | 8,276 |
| Price | $504.0K | $565.6K |
| Price per sq ft | $290 | $308 |
| Built year | 1991 | 1999 |
| HOA | $0 | $261 |
| Days on market | 7 | 67 |
Jul 15, 2026
$504,000
Initial Listing
Apr 2, 2015
$238,500
Public Record
Sep 29, 2009
$146,000
Public Record
Mar 13, 2007
$323,000
Public Record
Mar 28, 2002
$163,000
Public Record