
Cathedral City, California 92234
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $740,000—positioned well below the $816,310 Fair Market Value by 9%. This valuation gap offers $76,310 in Instant Equity for the buyer. Featuring a remodeled chef’s kitchen, resort-style pool, and an Excellent Condition Rating, this property offers a sophisticated lifestyle. Located in the Palm Springs Unified district, it is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors looking for a high-end, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68775 Raposa Road Subject | $740,000* List Price | 5 | 4 | 2,641 | $309 | - |
A 68385 Tortuga Road Sold | $625,000 | 4 | 3 | 2,148 | $291 | 0.6 mi |
B 68290 Hermosillo Sold | $565,000 | 3 | 3 | 1,875 | $301 | 0.7 mi |
C 28325 Avenida Condesa Active | $799,999 List Price | 5 | 3 | 2,615 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 1989 but features a comprehensive recent renovation (likely <5 years) including a remodeled chef's kitchen with granite and stainless appliances, upgraded bathrooms with marble-style tile and jetted tubs, modern glass railings, and updated flooring throughout. The property is in mint, move-in ready condition with high-end contemporary finishes.
The interior boasts high-end modern finishes, including a remodeled chef’s kitchen, glass-enclosed showers, and vaulted ceilings that create a sophisticated, move-in-ready atmosphere.
The resort-style backyard is a standout feature, offering a private pool, a comprehensive built-in outdoor kitchen, and a large covered patio designed for year-round Southern California living.
With five bedrooms, including a rare first-floor bedroom and full guest bath, the layout provides excellent flexibility for multi-generational families or remote work needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The local schools carry average ratings (4-6), which may be a concern for families prioritizing high-ranking educational institutions.
The 7,841 sqft lot is heavily utilized by the home's footprint and extensive hardscaping, resulting in limited natural green space or garden area.
Beautifully updated contemporary house featuring a modern double-door entryway & glass railing staircase with high vaulted ceilings, recessed lighting and more. The remodeled chef’s kitchen features extensive white cabinetry, granite counter and stainless steel appliances. Brightened by recessed lighting, the layout flows into a spacious dining and family room. Oversized windows, large sliding glass doors open directly to the backyard and pool. The main floor also includes a private first-floor bedroom & a separate guest restroom with a shower. The Prime bedroom offers wood-style flooring, recessed lighting, neutral paint tones, & a clean contemporary feel with a bright & open layout. The bathroom has been upgraded with large marble-style tile flooring and walls, a double-sink vanity w/ dark granite countertops, modern square sinks, updated cabinetry, and a spacious glass-enclosed shower. There is also a separate jetted soaking tub surrounded by matching stone finishes, adding a spa-like touch. Large windows provide natural light throughout the space. Another smaller bedroom includes a skylight, light-toned flooring, recessed lighting. Another bedroom with sliding doors open directly to a private balcony that spans across the rear of the home, adding architectural character - a spacious private balcony with metal railing, stucco finishes, & Spanish-style clay tile roofing. The upper level showcases a mix of modern rectangular and arched windows with vertical blinds, bringing in natural light while adding architectural character. Below the balcony is a covered patio area with recessed lighting and an outdoor ceiling fan. Additional features include spacious hallways, modern lighting fixtures, a separate laundry room with built-in cabinetry, sink, and additional storage, plus an attached multi-car garage offering ample parking and functionality. The resort-style backyard is designed for year-round entertaining and relaxation, featuring an expansive covered patio overlooking the pool area, multiple lounge and dining spaces, ceiling fans, mounted TV setup, and a built-in outdoor kitchen complete with BBQ grill, sink, serving counter, and prep area. Mature landscaping, privacy hedges, and spacious hardscape areas create a private and inviting setting ideal for entertaining, and enjoying Southern California living. Close to Agua Caliente Casino Cathedral City & it is also a short drive to Agua Caliente Resort Casino Spa in Rancho Mirage
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 | 5.0 | 3.0 | 96% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,641 | 1,759 | 95% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $740.0K | $555.0K | 88% |
| Price per sq ft | $280 | $316 | 26% |
| Built year | 1989 | 1990 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 168 | 1% |
May 18, 2026
$740,000
Initial Listing
Oct 12, 2023
$700,000
Public Record
Jan 14, 2022
$550,000
Public Record
Nov 13, 2020
$550,000
Public Record
Jun 25, 2019
$440,000
Public Record
Aug 3, 2017
$395,000
Public Record
Oct 6, 2016
$265,000
Public Record
Jul 9, 2008
$280,000
Public Record