68298 Descanso Circle, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 3 bath
68298 Descanso Circle
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 68298 Descanso Circle, Cathedral City, California 92234 reveals a property with a current list price of $675,000, which is 7% above the estimated $627,045 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 |
|---|---|---|---|---|---|---|
★ 68298 Descanso Circle Subject | $675,000* List Price | 3 | 3 | 1,967 | $319 | - |
A 68655 Durango Road Sold | $480,000 | 3 | 2 | 1,971 | $244 | 0.3 mi |
B 68405 30th Avenue Sold | $548,000 | 3 | 2 | 1,809 | $303 | 0.2 mi |
C 68148 Verano Road Sold | $700,000 | 4 | 3 | 1,883 | $372 | 0.2 mi |
D 68660 Concepcion Road Sold | $647,500 | 4 | 2 | 2,372 | $273 | 0.5 mi |
E 68200 Marina Road Sold | $650,000 | 4 | 3 | 2,315 | $281 | 0.4 mi |
F 30995 Avenida Del Yermo Sold | $525,000 | 3 | 2 | 1,788 | $294 | 0.7 mi |
G 67809 30th Avenue Active | $609,000 List Price | 3 | 3 | 1,943 | $313 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1988, is well-maintained and features a newly installed (2023) saltwater pool and spa, which is a significant exterior upgrade. However, the interior, particularly the kitchen and bathrooms, shows signs of being updated approximately 15-25 years ago rather than recently. The kitchen features white cabinets, dark speckled granite countertops, a subway tile backsplash, and stainless steel appliances, but also includes a dated fluorescent ceiling light panel. The bathrooms have similar granite countertops, traditional vanity light fixtures, and tiled showers. The terra cotta tile flooring throughout the home, while clean and durable, contributes to an aged aesthetic. While move-in ready, the interior's style and features are functional but outdated, suggesting that a buyer might desire minor to moderate updates to achieve a more contemporary look.
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 = 12632, living area = 1967.
- Prime Location & Fee Land
Located on fee land in the highly desirable Panorama Park neighborhood of Cathedral City, offering a stable and sought-after ownership type.
- Updated Outdoor Oasis
Features a new (2023) saltwater pool and spa with a beautiful Pebble Tec finish, set within a large, private backyard designed for desert living.
CONSRISKS & DEFICIENCIES
- Age of Interior & Potential for Updates
Built in 1988, the description highlights exterior updates (pool) and layout flexibility but is silent on interior renovations, suggesting potential for dated finishes or systems inside.
- Significant Price Increase from Previous Sales
The current list price of $675,000 represents a substantial increase from its last sale in 2017 ($310,000), which might require strong justification through recent comparable sales.
- Lack of Mention of Energy Efficiency/Cooling System Updates
In a desert climate like Cathedral City, the absence of details regarding HVAC system updates or energy-efficient features could be a concern for utility costs and comfort.
About 68298 Descanso Circle
Located on fee land in the highly desirable Panorama Park neighborhood of Cathedral City, this inviting 3-bed, 3-bath home + bonus room offers a flexible layout that includes a comfortable mother-in-law quarters ideal for extended family, guests, or a private retreat. Enjoy the outdoors in your new (2023) saltwater pool and spa featuring a beautiful Pebble Tec finish, all set within a large lot boasting a huge, private backyard with mountain views. The outdoor spaces are thoughtfully designed with low-maintenance desert landscaping in the front yard and lush grass surrounding the pool, creating a welcoming and relaxing environment. A two-car garage plus an additional driveway offers RV parking or space for extra vehicles, adding valuable convenience. With standout outdoor amenities and a prime location, this Panorama Park property captures the best of desert living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 12,632 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 0.4 mi
Sunny Sands Elementary School
Grades K-5 • 1.0 mi
Rio Vista Elementary School
Grades K-5 • 1.5 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 | 3.0 | 2.0 | 60% |
| Square foot | 1,967 | 1,753.5 | 67% |
| Lot Size | 12,632 | 7,841 | 94% |
| Price | $675.0K | $545.0K | 82% |
| Price per sq ft | $343 | $309 | 71% |
| Built year | 1988 | 1994 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 180 | 17% |
Pricing History
Listed for Sale
Nov 13, 2025
$675,000
Initial Listing
Sold
Dec 5, 2017
$310,000
Public Record
Sold
May 17, 2016
$265,000
Public Record
Sold
Jan 13, 2005
$375,000
Public Record