68473 Calle Toledo, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This Turnkey Condominium represents a Strong Value Opportunity, listed at $298,000—positioned slightly above the $296,237 Fair Market Value. While priced at market, the property offers a Condition Rating of 3, featuring a move-in-ready interior and an Extended Land Lease through 2061. Residents enjoy a resort-style lifestyle with 18-hole golf, tennis, pools, and spas. Its end-unit privacy and private patios make it a premier choice for Buy-and-Hold Investors or vacation home buyers seeking a stable, low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68473 Calle Toledo Subject | $280,000* List Price | 2 | 2 | 1,029 | $253 | - |
A 68509 Paseo Soria Sold | $329,000 | 2 | 2 | 1,037 | $317 | 0.1 mi |
B 68383 Paseo Real Sold | $340,000 | 2 | 2 | 1,371 | $248 | 0.1 mi |
C 68516 Calle Alcazar Sold | $279,000 | 2 | 2 | 1,371 | $204 | 0.3 mi |
D 68513 Calle Alcazar Sold | $290,000 | 2 | 2 | 1,406 | $206 | 0.3 mi |
E 68443 Paseo Real Sold | $275,000 | 2 | 2 | 1,371 | $201 | 0.1 mi |
F 35200 Cathedral Canyon Drive S149 Sold | $255,000 | 1 | 2 | 1,080 | $236 | 0.5 mi |
G 68390 Calle Barcelona Active | $358,000 List Price | 2 | 2 | 1,371 | $261 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1976, the property is well-maintained and described as move-in ready and turnkey. Interior images show updated tile flooring, neutral paint, and modern fixtures suggesting a renovation within the 5-15 year range. It lacks the dated appearance of a 'Fair' property and shows no signs of the structural or safety defects associated with 'Poor' condition.
As a single-story end unit with no neighbors above and private patios off every room, this property offers a level of privacy and quietude that is highly sought after in condo living.
The home is offered turnkey furnished and move-in ready, making it an ideal immediate solution for vacation home buyers or investors looking to avoid the cost and effort of furnishing.
The BIA land lease has been renewed until 2061, providing long-term security and significantly better financing eligibility compared to other desert properties with shorter lease terms.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With 128 days on the market and multiple price reductions, the property may face a 'stale' listing perception, potentially leading to more aggressive negotiations from buyers.
The $600 monthly HOA fee is a significant recurring expense that may impact the debt-to-income ratio for some buyers and reduce the overall net yield for rental investors.
Price Improvement - Welcome to your own beautiful, bright, peaceful home in the desert. This property is in the wonderful Cathedral Canyon Country Club with an 18 hole golf course and tennis. This move-in-ready 2 bedroom, 2 bathroom is an end unit condo, a single story with no one above. It has great separation of the bedrooms, a walk in closet, open floorplan with living/dining room. If you love outdoor living this home has patios off of every room, including a front entry courtyard, wonderful for entertaining or just relaxing. The attached 2 car garage has ample storage and laundry. The location of this property is perfect, within this large complex tucked away in a quiet cul-du-sac not far from the entry gate, pool, spa, and all the amenities the HOA has to offer. The HOA includes all common area and building maintenance, pools/spas, golf, tennis, and security gates. This community is centrally located for shopping, restaurants, casino, etc. Great opportunity for a primary residence, vacation get-away or an investment property. Turnkey furnished! The BIA Land Lease has been renewed to 2061.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,029 | 1,194.5 |
| Lot Size | 1,307 | 1,307 |
| Price | $280.0K | $295.2K |
| Price per sq ft | $272 | $227 |
| Built year | 1976 | 1985 |
| HOA | $600.0 | $622 |
| Days on market | 195 | 98 |
Jul 3, 2026
$280,000
$298,000
-6% Price Drop
Initial Listing
May 16, 2026
$298,000
$315,000
-5% Price Drop
Initial Listing
Feb 27, 2026
$315,000
$318,000
-1% Price Drop
Initial Listing
Jan 8, 2026
$318,000
Initial Listing