68355 Espada Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath

68355 Espada Road, Cathedral City, California 92234 home-pic-0
ACTIVE$533,000
68355 Espada Road, Cathedral City, California 92234
3Beds
2Baths
1,352Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($176,250.545) is $356,749.455 (66%) lower than the list price ($533,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 7841, living area = 1352.
Top Cons:
Lack of Central Air Conditioning: While mini-splits are present in bedrooms, the absence of a central air conditioning system for the entire home could be a significant drawback, especially in the desert climate, potentially impacting overall comfort and resale value for some buyers.

Compared to the nearby listings

Price:$533.0K vs avg $550.0K ($-17,000)45%
Size:1,352 sqft vs avg 1,789 sqft16%
Price/sqft:$394 vs avg $30989%

More Insights

Built in 1986 (39 years old).
Condition: This property, built in 1986, has undergone an extensive and recent interior remodel, making it move-in ready. The kitchen features recently replaced cabinet faces, hardware, countertops, and backsplash, along with stainless steel appliances, presenting a modern and functional space. Bathrooms have also been updated with new vanities, toilets, and plumbing fixtures, and tiled showers. The entire interior benefits from new paint, recessed lighting, sealed windows and doors, and updated flooring. While these renovations are comprehensive and bring the visible elements to a high standard, the property lacks central air conditioning, relying instead on mini-splits in the bedrooms. This, combined with the underlying age of the home's major systems (not explicitly stated as fully replaced), prevents it from achieving an 'Excellent' rating, which implies all components are virtually new and meet current quality standards without compromise.
Year Built
1986
Close
-
List price
$533K
Original List price
$533K
Price/Sqft
$394
HOA
-
Days on market
-
Sold On
-
MLS number
219130924PS
Home ConditionGood
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to a tastefully remodeled 3 bed/2 bath on a low trafficked street in Panorama Community. As you enter on a newly sealed driveway and walkways, you see a freshly landscaped front yard and Koi Pond, and find a bright, light-filled open floor plan. The interior has been fully repainted with all new recessed lighting, and sealed windows and doors throughout. Enjoy a cheerful living room with fireplace and kitchen with recently replaced cabinet faces and hardware, countertops, and backsplash. The light-filled bedrooms all feature mini splits and clean white finishes, and in the primary en suite and guest bathroom the vanities, toilets, and plumbing fixtures have been recently replaced. On the back yard are sweeping South and some West mountain views and a veritable orchard of trees and plants with new irrigation such as: lemon, tangelo, multiple citrus, mulberry and fig, pomegranate and almond, and blackberry bushes.In addition, there is an RV spot with separate gate and electrical and gas hookup. Take this opportunity to experience a move-in ready Panorama charmer.

Nearby schools

5/10
Landau Elementary School
Public,K-51.0mi
6/10
Rio Vista Elementary School
Public,K-51.1mi
6/10
Sunny Sands Elementary School
Public,K-51.4mi
5/10
James Workman Middle School
Public,6-81.7mi
5/10
Rancho Mirage High
Public,9-122.4mi
6/10
Cathedral City High School
Public,9-122.9mi
4/10
Desert Learning Academy
Public,K-123.5mi
Condition Rating
Good

This property, built in 1986, has undergone an extensive and recent interior remodel, making it move-in ready. The kitchen features recently replaced cabinet faces, hardware, countertops, and backsplash, along with stainless steel appliances, presenting a modern and functional space. Bathrooms have also been updated with new vanities, toilets, and plumbing fixtures, and tiled showers. The entire interior benefits from new paint, recessed lighting, sealed windows and doors, and updated flooring. While these renovations are comprehensive and bring the visible elements to a high standard, the property lacks central air conditioning, relying instead on mini-splits in the bedrooms. This, combined with the underlying age of the home's major systems (not explicitly stated as fully replaced), prevents it from achieving an 'Excellent' rating, which implies all components are virtually new and meet current quality standards without compromise.
Pros & Cons

Pros

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 = 7841, living area = 1352.
Extensive Modern Remodel: The property has undergone a tasteful and comprehensive remodel, including fresh paint, new recessed lighting, sealed windows/doors, updated kitchen (cabinet faces, hardware, countertops, backsplash), and replaced bathroom fixtures, making it move-in ready.
RV Parking with Full Hookups: A dedicated RV spot with a separate gate, electrical, and gas hookup is a significant and valuable amenity, appealing to RV owners or offering versatile utility.
Established Fruit Orchard & Landscaping: The backyard boasts a diverse orchard with various fruit trees and plants, along with new irrigation, offering aesthetic appeal, privacy, and a unique lifestyle benefit. The front yard is also freshly landscaped with a Koi Pond.
Mountain Views: The backyard offers sweeping South and West mountain views, enhancing the property's desirability and outdoor living experience.
Efficient Zone Cooling: Bedrooms are equipped with mini-split units, providing efficient and individualized cooling, a modern solution for comfort in specific areas.

Cons

Lack of Central Air Conditioning: While mini-splits are present in bedrooms, the absence of a central air conditioning system for the entire home could be a significant drawback, especially in the desert climate, potentially impacting overall comfort and resale value for some buyers.
Older Home Age: Built in 1986, the property is nearly 40 years old. While extensively remodeled, potential buyers may still have concerns about the age of underlying infrastructure (e.g., roof, main plumbing lines, electrical panel) not explicitly mentioned as replaced.
Smaller Interior Square Footage: At 1352 sqft, the interior living space is relatively modest for a 3-bedroom home, which might be a limiting factor for families or those desiring more expansive indoor areas.

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