
Cathedral City, California 92234
This Single Family Residence represents a Strong Value Opportunity, listed at $399,000—positioned well below the $400,182 Fair Market Value by 0.3%. Featuring a paid-off solar system and a private backyard, the property maintains a Fair Condition Rating with potential for cosmetic updates. Its location in the Cathedral City Cove offers proximity to Palm Springs and local entertainment. This asset balances energy efficiency with entry-level pricing, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable, value-add home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68577 C Subject | $399,000* List Price | 3 | 2 | 1,280 | $315 | - |
A 68596 D Street Active Under Contract | $375,000 List Price | 3 | 2 | 1,516 | $247 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is now 21 years old, placing it in the 'Fair' category. While the home is functional and includes paid-off solar, the interior features dated builder-grade tile and finishes. The presence of a portable AC unit in the bedroom suggests the central HVAC may need servicing or struggle with efficiency, and the unlandscaped backyard and 'as-is' sale terms indicate a need for minor repairs and cosmetic updates.
The property features a fully paid-off solar system, offering significant utility savings and added value in the high-heat desert climate.
Situated in the desirable Cathedral City Cove, the home is just 10 minutes from Palm Springs and within walking distance to the Agua Caliente Casino.
Listed at $399,000, the property is priced below its 2022 sale price of $429,000, representing a strong value opportunity in the current market.
At 1,280 square feet for a three-bedroom home, the interior layout may feel tight for buyers seeking more spacious common areas or larger bedrooms.
The 4,792 square foot lot is relatively modest, which may limit options for significant outdoor expansions or extensive private landscaping.
Let’s be honest—you’re not reading this to hear about “natural light” or “open floor plans.” You saw the photos. You know it’s a great deal. But wait—there’s more! This 3-bedroom, 2-bathroom home not only has four walls and a roof (included as is at no extra cost!), but also features a backyard that isn’t shared with strangers. Did I mention that is has solar? Talk about savings! Located in the Cathedral City Cove neighborhood and about a 10-minute drive from Palm Springs. The Aguas Caliente casino is a brisk 12-minute walk or a quick 4-minute drive. Enjoy a spacious backyard perfect for barbecues, dog zoomies, or quietly judging your neighbors. Act now and you’ll also get a fully functional kitchen and some appliances—all for one low monthly mortgage payment! Call today—operators (aka, me) are standing by! So quit overanalyzing and come see it. You’ll probably love it. SELLER WILLING TO INSTALL BRAND NEW AC CONDENSER UNIT BY CLOSE OF ESCROW!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,280 | 1,810.5 |
| Lot Size | 4,792 | 8,276 |
| Price | $399.0K | $565.6K |
| Price per sq ft | $312 | $308 |
| Built year | 2005 | 1999 |
| HOA | $0 | $261 |
| Days on market | 36 | 67 |
Jun 16, 2026
$399,000
Initial Listing
Mar 2, 2022
$429,000
Public Record
Jun 29, 2007
$300,000
Public Record
Oct 15, 2002
$1,081,000
Public Record