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68369 Hilltop Lane, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 1 bath

68369 Hilltop Lane, Cathedral City, California 92234 home-pic-0
ACTIVE$384,000$1,563/sqft
Est. Value: $389,000
1%
FairlyEstimate
68369 Hilltop Lane, Cathedral City, California 92234
2Beds
1Bath
1,563Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($389,000) is $5,000 (1%) lower than the list price ($384,000). 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 = 8712, living area = 1563.
Top Cons:
Sold 'As-Is' Condition: The property is explicitly sold 'as-is' with no repairs or credits from the seller, indicating that the buyer will be responsible for all necessary updates and potential deferred maintenance.

Compared to the nearby listings

Price:$384.0K vs avg $545.0K ($-161,000)5%
Size:1,563 sqft vs avg 1,789 sqft33%
Price/sqft:$246 vs avg $30812%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955 and sold 'as-is,' this property requires substantial repairs and rehabilitation. The kitchen features very dated cabinets, laminate countertops, and older appliances, while the bathroom has original pink tiles and an outdated vanity, both necessitating full renovations. The presence of mini-split AC units suggests the primary HVAC system is either old or insufficient, and other major systems (electrical, plumbing) are likely original or very old, requiring significant investment to meet modern standards. It's a 'blank canvas' for a reason.
Year Built
1955
Close
-
List price
$384K
Original List price
$389K
Price/Sqft
$246
HOA
-
Days on market
-
Sold On
-
MLS number
25629785PS
Home ConditionPoor
Features
Good View: Mountain(s), Trees/Woods
Patio
ViewMountain(s), Trees/Woods

About this home

Rare Opportunity in Cathedral City Cove - Discover exceptional potential in the highly desirable Cathedral City Cove - a centrally located neighborhood known for its charm, mountain views, and proximity to everything the desert has to offer. Situated on a generous 8,700+ sq ft corner lot, this one-of-a-kind single-family home presents a standout opportunity for homeowners, renovators, or investors alike. Offering over 1,500 sq ft of living space, the home features two bedrooms, one bath, a den or formal dining area, and a spacious eat-in kitchen ready to be reimagined. With ample pantry and laundry space and a skylight bringing in natural light, the layout provides an excellent foundation for customization and value creation. The expansive lot, mountain views, and NO HOA make this property a compelling alternative to condo living, while the attached one-car garage opens the door to creative possibilities - potentially a future primary suite or expanded living space (buyer to verify). Priced as the lowest single-family home in the area, this property offers strong upside and a rare chance to build equity in a sought-after location. Enjoy easy access to shopping, dining, and groceries, with Highway 111 just minutes away - providing quick connectivity to downtown Palm Springs and the Palm Springs International Airport. This home is being sold as-is, with no repairs to be made by the seller - making it a true blank canvas for your vision. Review the floorplan and imagine the possibilities - this is an opportunity you won't want to miss. Sold AS-IS. Seller will entertain no credits or repairs.

T
The Morgner Group
Listing Agent

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•3.4mi
4/10
Cahuilla Elementary School
Public,•K-5•4.8mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•2.4mi
6/10
Cathedral City High School
Public,•9-12•2.7mi
4/10
Desert Learning Academy
Public,•K-12•4.5mi
6/10
Palm Springs High School
Public,•9-12•4.6mi
Condition Rating
Poor
Built in 1955 and sold 'as-is,' this property requires substantial repairs and rehabilitation. The kitchen features very dated cabinets, laminate countertops, and older appliances, while the bathroom has original pink tiles and an outdated vanity, both necessitating full renovations. The presence of mini-split AC units suggests the primary HVAC system is either old or insufficient, and other major systems (electrical, plumbing) are likely original or very old, requiring significant investment to meet modern standards. It's a 'blank canvas' for a reason.
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 = 8712, living area = 1563.
Highly Desirable Location: Situated in the sought-after Cathedral City Cove, known for its charm, mountain views, central location, and excellent proximity to shopping, dining, and major transportation routes like Highway 111.
Generous Corner Lot: The property boasts an expansive 8,700+ sq ft corner lot, offering ample space, potential for outdoor enhancements, and increased privacy compared to interior lots.
No Homeowners Association (HOA): Absence of an HOA provides significant financial savings by eliminating monthly fees and offers greater flexibility for property modifications and usage.
Significant Renovation & Investment Potential: Described as a 'blank canvas' and the 'lowest priced single-family home in the area,' it presents a strong opportunity for renovators or investors to build equity and customize to their vision.
Flexible Layout & Natural Light: The home offers over 1,500 sq ft with a den/formal dining area, ample pantry/laundry space, and a skylight, providing a versatile foundation for customization and value creation.

Cons

Sold 'As-Is' Condition: The property is explicitly sold 'as-is' with no repairs or credits from the seller, indicating that the buyer will be responsible for all necessary updates and potential deferred maintenance.
Age of Property: Built in 1955, the home is likely to have original systems (electrical, plumbing, HVAC) and finishes that may require substantial modernization and investment to meet current standards and preferences.
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom for over 1,500 sq ft, the property's layout may not suit larger families or those desiring additional private spaces, potentially limiting its market appeal.
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