68685 Hermosillo Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
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Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $504,508 Fair Market Value by 3%. This valuation gap offers $19,508 in Instant Equity for buyers willing to execute a comprehensive renovation. Featuring a Fair Condition Rating, the 2,100-square-foot layout includes a private pool and spa with mountain views. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the strong Panorama neighborhood demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68685 Hermosillo Road Subject | $485,000* List Price | 3 | 2 | 2,100 | $240 | - |
A 68225 Marina Road Sold | $475,000 | 3 | 2 | 1,760 | $270 | 0.5 mi |
B 30608 Avenida Maravilla Sold | $473,000 | 3 | 2 | 1,600 | $296 | 0.6 mi |
C 68790 Minerva Road Sold | $535,000 | 4 | 2 | 2,216 | $241 | 0.2 mi |
D 68420 Durango Sold | $495,000 | 3 | 3 | 1,864 | $266 | 0.2 mi |
E 31075 San Ardo Avenue Sold | $525,000 | 4 | 2 | 1,926 | $273 | 0.9 mi |
F 68875 Minerva Road Sold | $479,000 | 3 | 2 | 1,620 | $296 | 0.2 mi |
G 67925 Vega Road Sold | $584,000 | 3 | 2 | 1,971 | $296 | 0.9 mi |
H 68699 Pasada Sold | $500,000 | 3 | 2 | 1,680 | $298 | 0.8 mi |
I 29040 Avenida La Vista Active | $519,000 List Price | 3 | 2 | 2,100 | $247 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old) with mostly original features including oak cabinetry, popcorn ceilings, and dated bathroom fixtures. The listing explicitly targets renovators and mentions 'refurbishment potential,' signaling a need for a full rehab rather than minor repairs.
Situated in the highly desirable Panorama area, the property benefits from a quiet, family-friendly atmosphere, high homeownership rates, and close proximity to both Palm Springs and Interstate 10.
With 2,100 square feet of living space and an open floor plan, this home is priced to attract renovators looking to add value through a comprehensive refurbishment in a strong market.
The backyard features a private pool and spa complemented by scenic mountain views, offering a high-demand feature set for the Coachella Valley climate.
The property is explicitly marketed as a fixer-upper, implying that significant capital investment and construction work are necessary to make the home move-in ready.
Built in 1988 and requiring refurbishment, the home likely features original systems and finishes that may be nearing the end of their functional lifespan, potentially leading to unforeseen repair costs.
Calling all Renovators! Wowzah! Excellent refurbishment potential for this large 2,100-square-foot pool home in the coveted area of Panorama in affordable Cathedral City, CA. Property features 3 large bedrooms, 2 baths, an open floor plan, a large kitchen, a formal dining room and a fireplace, ample closet space, two car garage. Nice mountain views from the backyard pool & Spa. Panorama is a quiet, family-friendly residential neighborhood in the southeast part of Cathedral City, known for its scenic mountain views, well-kept homes, and strong sense of community. The neighborhood is thoughtfully laid out in a square pattern, with schools and commercial areas along the outer edges pstribune.com. It's positioned between the San Jacinto and Little San Bernardino Mountains, offering nearly panoramic views of the Coachella Valley Preserve. Its central location is close to Interstate 10, making commuting and travel convenient The neighborhood has a peaceful, residential vibe with mature landscaping and well-kept streets. It's home to generational families and has a high homeownership rate. Residents value community events, local festivals, and a friendly atmosphere, known as one of Cathedral City's friendliest neighborhoods, and just minutes to Palm Springs. Make this Gem your own,
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,100 | 1,810.5 |
| Lot Size | 7,841 | 8,276 |
| Price | $485.0K | $565.6K |
| Price per sq ft | $231 | $308 |
| Built year | 1988 | 1999 |
| HOA | $0 | $261 |
| Days on market | 5 | 67 |
Jul 17, 2026
$485,000
Initial Listing
Nov 13, 1996
$117,000
Public Record