68375 Espada Road, Cathedral City, California 92234, Cathedral City, 92234 - 4 bed, 2 bath
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Cathedral City, California 92234
This Spacious Panorama Pool Home is a Prime Investment Opportunity, listed at $619,000—positioned well below the $649,406 Fair Market Value by 4%. This valuation gap offers $30,406 in Instant Equity for incoming buyers. Boasting a Good Condition Rating, the residence features an updated kitchen, energy-efficient solar, and a rare 70-foot RV parking area. The outdoor retreat offers a sparkling pool and mountain views near Landau Elementary. This is an ideal acquisition for Owner-Occupants building wealth or Buy-and-Hold Investors seeking a high-utility desert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68375 Espada Road Subject | $619,000* List Price | 4 | 2 | 2,232 | $291 | - |
A 68385 Tortuga Road Sold | $625,000 | 4 | 3 | 2,148 | $291 | 0.4 mi |
B 30275 Avenida Alvera Sold | $710,000 | 4 | 2 | 2,090 | $340 | 0.9 mi |
C 30059 Amy Circle Sold | $759,000 | 4 | 3 | 2,133 | $356 | 1.0 mi |
D 68790 Minerva Road Sold | $535,000 | 4 | 2 | 2,216 | $241 | 0.4 mi |
E 68320 Durango Road Sold | $555,000 | 3 | 2 | 1,894 | $293 | 0.6 mi |
F 68450 Durango Road Sold | $665,000 | 3 | 2 | 2,391 | $278 | 0.5 mi |
G 68210 Bella Vista Road Active Under Contract | $689,000 List Price | 4 | 2 | 2,202 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (20 years old), the property features a clearly updated kitchen with modern shaker cabinetry, quartz countertops, and stainless steel appliances. The home is well-maintained and move-in ready, featuring energy-efficient solar and a functional outdoor pool area that aligns with the 10-20 year age bracket for well-maintained residences.
The property features a sparkling pool, Alumawood-covered patio, and stunning mountain views, perfectly capturing the sought-after indoor/outdoor desert lifestyle.
Boasts a rare 70-foot RV parking area and ample storage space, providing significant value for owners with multiple vehicles or recreational equipment.
Equipped with a solar system for reduced utility costs and an updated kitchen that flows into the living areas, offering both sustainability and contemporary appeal.
With four bedrooms but only two bathrooms, the home's layout may feel underserved during peak hours for larger families or when hosting guests.
Assigned local schools carry ratings between 4 and 6, which may be a drawback for buyers prioritizing top-tier educational districts.
Just Listed! Fabulous Pool View Home in Panorama!Spanning over 2,200 sq. ft., this spacious residence offers 4 bedrooms and 2 bathrooms designed for comfortable living and effortless entertaining.Enjoy an updated kitchen that opens seamlessly to the family room, creating a true gathering space that flows directly to the Alumawood-covered patio and sparkling pool--perfect for indoor/outdoor desert living.The oversized primary suite is a true retreat, featuring French doors that open directly to the pool area, where you'll take in stunning mountain views--an ideal setting for morning coffee or evening relaxation.The property also includes an impressive 70-foot RV parking area, a solar system for energy efficiency, and ample space for all your toys and additional storage needs.Located just blocks from Panorama Park, offering incredible amenities including a ball field, basketball court, BBQ stand, dog park, free parking, restrooms, shade structures, tennis court, tot lot, volleyball court, walking path, and WiFi.This is a rare opportunity to own a versatile, entertainment-ready home with space, style, and functionality in a prime Panorama location.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,232 | 1,759 | 82% |
| Lot Size | 8,276 | 7,841 | 53% |
| Price | $619.0K | $555.0K | 67% |
| Price per sq ft | $277 | $316 | 25% |
| Built year | 2004 | 1990 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 168 | 4% |
Apr 18, 2026
$619,000
Initial Listing
Jul 28, 2016
$349,000
Public Record
Feb 16, 2012
$215,000
Public Record
Apr 29, 2005
$431,000
Public Record
Apr 12, 2004
$319,500
Public Record