68585 Panorama Rd, Cathedral City, California 92234, Cathedral City, 92234 - 6 bed, 3 bath
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Cathedral City, California 92234
This Spacious Upgraded Residence is a Strong Value Opportunity, listed at $734,999—positioned well below the $785,989 Fair Market Value by 6%. This valuation gap offers $50,990 in Instant Equity. The property maintains a Good Condition Rating with high-value assets including 41 fully paid solar panels, a remodeled primary bath, and a 2021 renovated pool and spa. With six bedrooms, a dedicated office, and RV/boat parking, it provides unmatched utility. This is a premier choice for Owner-Occupants or Multi-generational Families seeking a turnkey, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68585 Panorama Rd Subject | $734,999* List Price | 6 | 3 | 2,887 | $255 | - |
A 68790 Minerva Road Sold | $535,000 | 4 | 2 | 2,216 | $241 | 0.5 mi |
B 68200 Durango Road Sold | $545,000 | 4 | 3 | 2,641 | $206 | 0.9 mi |
C 68660 Concepcion Road Sold | $647,500 | 4 | 2 | 2,372 | $273 | 0.5 mi |
D 68430 Concepcion Road Sold | $545,000 | 4 | 3 | 2,542 | $214 | 0.5 mi |
E 28131 Horizon Road Active | $749,999 List Price | 5 | 3 | 2,919 | $257 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant high-value upgrades that elevate it above its 1990 build year. Key improvements include a fully remodeled primary bathroom, a 2021 pool and spa renovation with new systems, 41 fully paid solar panels, and a brand-new tankless water heater. While the kitchen and some secondary areas maintain a more traditional style, the integration of modern energy-efficient systems, updated flooring, and well-maintained fixtures justifies a 'good' rating.
The inclusion of 41 fully paid solar panels and a brand-new tankless water heater provides significant long-term utility savings and modern infrastructure value.
With six bedrooms plus a dedicated office, a 600 sqft garage, and ample RV/boat parking on a large lot, this property offers rare flexibility for large families or specialized storage needs.
The heated pool and spa were fully replastered and upgraded with new systems in 2021, offering a turnkey, high-end outdoor living experience perfect for the desert climate.
The local public schools are rated between 4 and 6, which may be a concern for families prioritizing high-performing educational districts.
While the primary bath and pool systems are recently updated, the 1990 construction may necessitate further cosmetic or mechanical upgrades in other original areas of the 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!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,887 | 1,771.5 | 97% |
| Lot Size | 10,018 | 7,841 | 83% |
| Price | $735.0K | $545.0K | 90% |
| Price per sq ft | $255 | $308 | 16% |
| Built year | 1990 | 1992 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 184 | 19% |
Jan 14, 2026
$734,999
Initial Listing
Mar 13, 2020
$500,000
Public Record
May 28, 2015
$350,000
Public Record