68585 Panorama Rd, Cathedral City, California 92234, Cathedral City, 92234 - 6 bed, 3 bath
ACTIVE$734,999$2,887/sqft
Est. Value: $804,055
9%
BelowEstimate
68585 Panorama Rd, Cathedral City, California 92234
6Beds
3Baths
2,887Sqft
10,018Lot
Price Vs. Estimate
The estimated value ($804,055.215) is $69,056.215 (9%) higher than the list price ($734,999). This property may be underpriced.
Key pros and cons
Top Pros:
Energy Efficiency & Savings: The property boasts 41 fully paid solar panels and a brand new tankless water heater, significantly reducing utility costs and enhancing environmental sustainability.
Top Cons:
Potential for Older Core Systems: While specific features are updated, the 1990 build year suggests other major systems (e.g., HVAC, roof, windows) may be original or older, potentially requiring future investment.
Compared to the nearby listings
Price:$735.0K vs avg $545.0K (+$189,999)90%
Size:2,887 sqft vs avg 1,795.5 sqft97%
Price/sqft:$255 vs avg $30814%
More Insights
Built in 1990 (36 years old).
Condition: The property, built in 1990, has undergone significant recent updates including 41 fully paid solar panels, a brand new tankless water heater, a replastered pool and spa with new systems in 2021, and a fully remodeled primary bathroom. These extensive renovations within the last 5 years, particularly the modern primary bath, align with 'Good' criteria. However, the kitchen features older tile countertops and a mix of appliance ages (some newer, some older built-in ovens), and the secondary bathrooms retain an older style with tile counters and basic fixtures. While move-in ready and well-maintained, these areas prevent an 'Excellent' rating, as not all components are 'virtually new' or meet current quality standards throughout.
Year Built
1990
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$255
HOA
-
Days on market
-
Sold On
-
MLS number
2600953SD
Home ConditionGood
Features
Good View:
Pool
Spa
Patio
View-
About this home
This beautifully updated property features 41 fully paid solar panels, offering energy efficiency and savings. Brand new Tankless water heater. Relax in the heated pool and spa, all replastered and equipped with new systems in 2021. The primary bath has been fully remodeled for a luxurious experience. With a huge lot, RV/boat parking, and a 600 sqft garage, there’s plenty of room for all your needs. An extra 7th room for an office adds versatility to this spacious home. Located just minutes away from a variety of unique and exciting local attractions, this home offers the perfect balance of relaxation and adventure. Don’t miss the opportunity to own this incredible property with endless possibilities!
M
Michael Boyd
Listing Agent
Nearby schools
6/10
Rio Vista Elementary School
Public,•K-5•1.1mi
5/10
Landau Elementary School
Public,•K-5•1.2mi
6/10
Sunny Sands Elementary School
Public,•K-5•1.5mi
5/10
James Workman Middle School
Public,•6-8•1.6mi
5/10
Rancho Mirage High
Public,•9-12•2.4mi
6/10
Cathedral City High School
Public,•9-12•3.0mi
4/10
Desert Learning Academy
Public,•K-12•3.8mi
Price History
Date
Event
Price
03/13/20
Sold
$500,000
05/28/15
Sold
$350,000
Condition Rating
Good
The property, built in 1990, has undergone significant recent updates including 41 fully paid solar panels, a brand new tankless water heater, a replastered pool and spa with new systems in 2021, and a fully remodeled primary bathroom. These extensive renovations within the last 5 years, particularly the modern primary bath, align with 'Good' criteria. However, the kitchen features older tile countertops and a mix of appliance ages (some newer, some older built-in ovens), and the secondary bathrooms retain an older style with tile counters and basic fixtures. While move-in ready and well-maintained, these areas prevent an 'Excellent' rating, as not all components are 'virtually new' or meet current quality standards throughout.
Pros & Cons
Pros
Energy Efficiency & Savings: The property boasts 41 fully paid solar panels and a brand new tankless water heater, significantly reducing utility costs and enhancing environmental sustainability.
Updated Outdoor Amenities: The heated pool and spa were replastered and equipped with new systems in 2021, offering a modern, well-maintained recreational space.
Ample Parking & Storage: A huge lot provides dedicated RV/boat parking, complemented by an oversized 600 sqft garage, offering exceptional utility for vehicles, hobbies, or storage needs.
Modern Interior & Versatility: The primary bath has been fully remodeled for a luxurious experience, and an extra 7th room adds valuable versatility, ideal for an office or den.
Desirable Location & Lot Size: Situated on a huge lot, the home is minutes away from a variety of unique local attractions, balancing relaxation with convenience and offering extensive outdoor space.
Cons
Potential for Older Core Systems: While specific features are updated, the 1990 build year suggests other major systems (e.g., HVAC, roof, windows) may be original or older, potentially requiring future investment.
High Maintenance for Amenities: The large lot, heated pool, and spa, while highly desirable, will require significant ongoing maintenance, time, and financial commitment from the homeowner.
Lack of Specific HVAC Details: In a desert climate like Cathedral City, the absence of explicit mention of an updated or efficient cooling system could be a concern for comfort and energy costs, suggesting it might be an older unit or not a recent upgrade.