
Cathedral City, California 92234
This Refined Panorama Residence is a Prime Investment Opportunity, listed at $677,000—positioned well below the $695,000 Fair Market Value by 2%. This valuation gap provides $18,000 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the home features a remodeled kitchen, vaulted ceilings, and a private pool and spa with scenic mountain views. Located near Rio Vista Elementary and Landau Elementary, it balances immediate lifestyle luxury with long-term financial stability. This is an ideal match for Owner-Occupants or Lifestyle Buyers seeking a polished desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68755 Raposa Road Subject | $677,000* List Price | 4 | 3 | 2,480 | $280 | - |
A 68790 Minerva Road Sold | $535,000 | 4 | 2 | 2,216 | $241 | 0.4 mi |
B 68450 Durango Road Sold | $665,000 | 3 | 2 | 2,391 | $278 | 0.7 mi |
C 68240 Concepcion Road Sold | $623,000 | 3 | 3 | 2,298 | $271 | 0.7 mi |
D 68320 Durango Road Sold | $555,000 | 3 | 2 | 1,894 | $293 | 0.8 mi |
E 68200 Durango Road Sold | $545,000 | 4 | 3 | 2,641 | $206 | 0.9 mi |
F 68320 Encinitas Road Active | $676,900 List Price | 4 | 4 | 2,388 | $283 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a recently remodeled kitchen with modern cabinetry, stone countertops, and stainless steel appliances. While the home was built in 1989 and some elements like the bathrooms and wet bar show older styles, the overall maintenance is excellent, and the interior has been updated with a mix of contemporary tile and laminate flooring.
The home features a recently remodeled kitchen and vaulted ceilings, providing a contemporary feel and immediate move-in readiness for the primary living spaces.
A private pool and spa with multiple lounging and dining areas make this property an ideal desert retreat for relaxation and entertaining.
Perfectly positioned between Palm Springs and Palm Desert, the residence offers convenient access to the Coachella Valley's premier dining, shopping, and cultural attractions.
With 56 days on the market and two recent price reductions, the property may be facing challenges in buyer perception or initial valuation.
Built in 1989, the home may soon require capital improvements to major systems such as the roof or HVAC, which are not highlighted as recently updated.
Experience refined desert living in this well appointed single story residence located in the desirable Panorama neighborhood of Cathedral City. Offering approximately 2,480 square feet, the home features four bedrooms, three bathrooms, and an attached three car garage. Highlights include a recently remodeled kitchen, vaulted ceilings, a formal living room with fireplace, and a separate family room with a built in wet bar. The spacious primary suite features double door entry, while the fourth bedroom is currently configured as an office. Outdoors, enjoy a private pool and spa with multiple areas for dining and relaxation. Ideally situated between Palm Springs and Palm Desert, this well maintained home provides convenient access to the Coachella Valley's cultural and dining amenities. This home is waiting for you!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,480 | 1,771.5 | 93% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $677.0K | $545.0K | 84% |
| Price per sq ft | $273 | $308 | 28% |
| Built year | 1989 | 1992 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 184 | 7% |
Apr 17, 2026
$677,000
$679,995
+0% Price Increase
Initial Listing
Mar 21, 2026
$679,995
$695,000
-2% Price Drop
Initial Listing
Feb 20, 2026
$695,000
Initial Listing
Nov 12, 2013
$295,000
Public Record