
Cathedral City, California 92234
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $575,000—positioned well below the $600,118 Fair Market Value by 4%. This valuation gap offers $25,118 in Instant Equity. Featuring an Extensive 2021 Renovation, Resort-Style Pool and Spa, and Mountain Views, the property maintains a Condition Rating of 2. Its versatile layout and proximity to Palm Springs make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68725 Tachevah Drive Subject | $575,000* List Price | 3 | 2 | 1,822 | $325 | - |
A 28670 Avenida Maravilla Sold | $485,000 | 3 | 2 | 1,698 | $286 | 0.3 mi |
B 68940 Concepcion Sold | $495,000 | 3 | 2 | 1,588 | $312 | 0.2 mi |
C 68954 Durango Road Sold | $477,000 | 3 | 3 | 2,053 | $232 | 0.4 mi |
D 68385 Tortuga Road Sold | $625,000 | 4 | 3 | 2,148 | $291 | 0.4 mi |
E 68189 Seville Court Sold | $610,000 | 3 | 3 | 1,740 | $351 | 0.9 mi |
F 68220 Risueno Road Sold | $469,000 | 3 | 2 | 1,350 | $347 | 0.6 mi |
G 68320 Durango Road Sold | $555,000 | 3 | 2 | 1,894 | $293 | 0.5 mi |
H 68515 Risueno Road Sold | $625,000 | 3 | 3 | 2,160 | $289 | 0.3 mi |
I 68635 Panorama Road Pending | $584,900 List Price | 3 | 2 | 1,935 | $302 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2021 (less than 5 years ago), including a modern kitchen with new appliances, updated bathrooms, and critical system upgrades such as a new HVAC system and ductwork.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1822.
The property underwent significant updates in 2021, including a stylish interior redesign, a new HVAC system, new ductwork, and a water softening system, ensuring modern efficiency and move-in readiness.
The sprawling backyard serves as a private oasis featuring an oversized pool, spa, fire pit, and mature landscaping with mountain views, making it ideal for entertaining or a high-end vacation rental.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Despite the 2021 aesthetic and system updates, the 1988 build date may mean some original structural or plumbing elements remain, which could require maintenance compared to newer constructions.
The assigned public schools for this address have ratings ranging from 4 to 6, which may be a consideration for families prioritizing top-tier educational districts.
Welcome to this beautifully renovated Panorama home, ideally located just minutes from Downtown Palm Springs. Extensively updated in 2021, this stylish and thoughtfully designed home combines modern comforts with a relaxed desert aesthetic, creating an inviting space for both everyday living and entertaining. Inside, multiple light-filled living areas provide plenty of room to gather and unwind, while the updated kitchen features modern appliances, generous counter space, and dining areas overlooking the backyard. The seamless indoor-outdoor flow makes it easy to enjoy the best of desert living year-round. The sprawling resort-style backyard is a true standout, featuring an oversized pool, spa, fire pit, and multiple lounge areas surrounded by mature landscaping. Whether hosting friends, enjoying sunny afternoons by the pool, or relaxing under the stars, this private outdoor oasis offers the perfect setting. Additional improvements completed in 2021 include a new HVAC system and ductwork, as well as a water softening system for enhanced comfort and efficiency. Conveniently located near Palm Springs' renowned dining, shopping, golf, and entertainment, this exceptional property presents an outstanding opportunity as a primary residence, second home, or investment property.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,822 | 1,810.5 |
| Lot Size | 8,712 | 8,276 |
| Price | $575.0K | $565.6K |
| Price per sq ft | $316 | $308 |
| Built year | 1988 | 1999 |
| HOA | $0 | $261 |
| Days on market | 34 | 67 |
Jun 18, 2026
$575,000
Initial Listing
May 21, 2020
$335,000
Public Record