68401 Rodeo Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
68401 Rodeo Road
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 68401 Rodeo Road, Cathedral City, California 92234 reveals a Fairly Priced Property with a current list price of $879,000 aligned with the estimated $879,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 68401 Rodeo Road Subject | $879,000* List Price | 3 | 2 | 1,925 | $457 | - |
A 68159 Mountain View Road Sold | $900,000 | 4 | 2 | 2,008 | $448 | 0.4 mi |
B 67931 Valley Vista Drive Sold | $965,000 | 3 | 2 | 2,479 | $389 | 0.8 mi |
C 38855 Paradise Way Sold | $840,000 | 4 | 3 | 1,777 | $473 | 0.6 mi |
D 39390 Marietta Circle Sold | $700,000 | 3 | 2 | 1,525 | $459 | 0.9 mi |
E 37755 Melrose Drive Pending | $875,000 List Price | 3 | 4 | 1,959 | $447 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1955 Mid-Century home has undergone an extensive and tasteful renovation within the last 5 years, bringing it up to modern quality standards. The kitchen and bathrooms are fully modernized with contemporary cabinetry, stone countertops, and updated fixtures. The property features consistent high-end flooring, recessed lighting, and a well-maintained outdoor oasis including a pool, spa, and a large screened-in entertainment room, showing no signs of deferred maintenance.
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 = 14375, living area = 1925.
- Exceptional Views and Lot Position
Situated on an elevated 1/3-acre corner lot in the Cathedral City Cove, the property offers rare and unobstructed 360-degree mountain and city light views.
- Premier Outdoor Living
The home features a massive 675 sqft screened-in entertainment room, a private pool, and a spa, providing an expansive and versatile space for desert living.
CONSRISKS & DEFICIENCIES
- Market Stagnation
The property has undergone multiple price reductions from its original $999,000 listing, suggesting potential challenges in aligning the asking price with current market expectations.
- Leased Solar Obligation
The solar system is leased rather than owned, which requires the buyer to assume a long-term contract and may complicate the financing or appraisal process.
About 68401 Rodeo Road
Fantastic single level 3-bedroom 2-bathroom remodeled Mid-Century home on an elevated 1/3-acre corner lot with truly unsurpassed all-around mountain views plus city lights views. This fabulous and spacious home has been carefully and tastefully remodeled plus in addition it offers leased solar, a wonderful front yard walled in patio and a spectacular 675 sq ft screened in entertainment room in the back yard which deserves a visit to take a look at. The serenity rating is 9.8, there is an indoor laundry area off the kitchen, a great 2 car garage and the back yard is gorgeous with an inviting pool and spa as well as many different seating areas to enjoy!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 14,375 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Cathedral City Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 3.5 mi
Cahuilla Elementary School
Grades K-5 • 4.7 mi
Nellie N. Coffman Middle School
Grades 6-8 • 1.9 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,925 | 1,753.5 | 65% |
| Lot Size | 14,375 | 7,841 | 97% |
| Price | $879.0K | $545.0K | 95% |
| Price per sq ft | $457 | $309 | 97% |
| Built year | 1955 | 1994 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 179 | 28% |
Pricing History
Listed for Sale
Feb 23, 2026
$879,000
$899,000
-2% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$899,000
$949,000
-5% Price Drop
Initial Listing
Price Change
Nov 27, 2025
$949,000
$999,000
-5% Price Drop
Initial Listing
Price Change
Oct 17, 2025
$999,000
Initial Listing