
Cathedral City, California 92234
This Resort-Style Desert Residence is a Strong Value Opportunity, listed at $713,900—positioned well below the $728,360 Fair Market Value by 2%. This valuation gap provides $14,460 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the home features a versatile dual-primary suite layout, owned solar, and a tiled pool and spa with mountain views. Located near Rio Vista Elementary School with no HOA, it balances energy efficiency with luxury. This is an ideal sanctuary for Multi-Generational Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68320 Encinitas Road Subject | $624,900* List Price | 4 | 4 | 2,388 | $262 | - |
A 68375 Espada Road Sold | $620,000 | 4 | 2 | 2,232 | $278 | 0.2 mi |
B 28285 Avenida Primavera Sold | $615,000 | 4 | 3 | 2,514 | $245 | 0.4 mi |
C 68726 Risueno Road Sold | $675,000 | 4 | 4 | 2,155 | $313 | 0.8 mi |
D 68947 Risueno Road Sold | $660,000 | 4 | 3 | 2,371 | $278 | 0.9 mi |
E 67810 Ontina Sold | $625,000 | 4 | 3 | 1,980 | $316 | 0.8 mi |
F 68385 Tortuga Road Sold | $625,000 | 4 | 3 | 2,148 | $291 | 0.5 mi |
G 68755 Raposa Road Active Under Contract | $589,000 List Price | 4 | 3 | 2,480 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent refreshes, including new luxury vinyl laminate flooring, updated light fixtures, and freshly painted kitchen cabinets with new hardware. Major systems are in excellent shape with owned solar, a newer AC unit (3 years old), and brand-new pool equipment and appliances (dishwasher, washer/dryer). While the 1988 construction and original bathroom finishes prevent an 'excellent' score, the extensive maintenance and modern cosmetic updates firmly place it in the 'good' category.
The backyard is a resort-style retreat featuring a fully tiled pool and spa with all-new equipment, a custom gazebo with a gas grill and firepit, and mature fruit trees, all set against scenic mountain views.
The home offers significant value through an owned solar system, newer HVAC components, a new water softener, and dual Nest thermostats, ensuring lower utility costs and reduced immediate maintenance.
The flexible 4-bedroom floor plan includes two primary suites—one on each level—making it an ideal configuration for multi-generational living, high-end guest accommodations, or a dedicated home office.
While one A/C unit was replaced three years ago, the second unit is older and only regularly serviced, which may lead to future capital expenditure for the buyer.
Although the home features new luxury vinyl flooring and refreshed kitchen cabinets, the bathrooms were excluded from the flooring upgrades, potentially creating a stylistic disconnect in those areas.
Exceptional value in Panorama! This spacious 4-bedroom, 4-bath pool home offers 2,388 sq ft of flexible living space with no HOA, dual primary suites, and major system improvements already completed. Designed for comfortable everyday living, entertaining, and multi-generational flexibility, the floor plan features a private upstairs primary suite with balcony and mountain views plus a main-level primary suite ideal for guests or extended family.The resort-style backyard is built for year-round desert living with a fully tiled pool and spa, custom gazebo with built-in gas grill, lighting, gas firepit, mature citrus trees, and a dedicated dog run with convenient doggy door access. Multiple sliding glass doors create seamless indoor-outdoor living throughout the main living areas.Major improvements include newer luxury vinyl flooring, refreshed kitchen cabinetry and hardware, dual Nest thermostats, newer pool heater, pump and filter, one newer A/C system, newer furnace, newer water heater, water softener, newer garage door and opener, Tesla EV charging station, and solar featuring one owned system plus one leased system (approximately $108/month). Brand new washer, dryer, and four mounted TVs are included.Pre-inspection completed for buyer convenience. Offering an exceptional opportunity to personalize cosmetic finishes while enjoying a spacious floor plan, updated systems, resort-style outdoor living, and one of Panorama's most desirable layouts. Conveniently located near shopping, dining, parks, and downtown Palm Springs
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,388 | 1,810.5 |
| Lot Size | 7,841 | 8,276 |
| Price | $624.9K | $565.6K |
| Price per sq ft | $262 | $308 |
| Built year | 1988 | 1999 |
| HOA | $0 | $261 |
| Days on market | 156 | 67 |
Jun 28, 2026
$624,900
$649,900
-4% Price Drop
Initial Listing
May 23, 2026
$649,900
$674,500
-4% Price Drop
Initial Listing
May 13, 2026
$674,500
$676,900
+0% Price Increase
Initial Listing
Apr 15, 2026
$676,900
$694,500
-3% Price Drop
Initial Listing
Mar 17, 2026
$694,500
$713,900
-3% Price Drop
Initial Listing
Mar 6, 2026
$713,900
$734,000
-3% Price Drop
Initial Listing
Feb 16, 2026
$734,000
Initial Listing
Feb 7, 2022
$575,000
Public Record