68875 Minerva Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath

68875 Minerva Road, Cathedral City, California 92234 home-pic-0
ACTIVE$499,000$1,620/sqft
Est. Value: $491,034
-1%
FairlyEstimate
68875 Minerva Road, Cathedral City, California 92234
3Beds
2Baths
1,620Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($491,033.99) is $7,966.01 (1%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1620.
Top Cons:
Property Age & Potential System Updates: Constructed in 1986, the home may require updates to major systems (e.g., HVAC, plumbing, electrical, roof) that are not explicitly mentioned as renovated, potentially incurring future costs.

Compared to the nearby listings

Price:$499.0K vs avg $545.0K ($-46,000)36%
Size:1,620 sqft vs avg 1,789 sqft36%
Price/sqft:$308 vs avg $30850%

More Insights

Built in 1986 (40 years old).
Condition: Built in 1986, the property is well-maintained and move-in ready, but shows its age in several areas. The kitchen has been updated with granite countertops and stainless steel appliances, which is a positive. However, the bathrooms feature dated tile countertops, integrated sinks, and older fixtures, indicating they are largely original or were last updated 15-20+ years ago. Flooring is a mix of older tile, carpet, and some laminate, which are functional but not modern. While clean, the home would benefit from cosmetic updates to bring it to current styles.
Year Built
1986
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
25629389PS
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Pool
Spa
Patio
ViewMountain(s)

About this home

Set in the middle of the Coachella Valley's famous Candy Cane Lane is a perfect 3 bed, 2 bath split level home. The kitchen has granite countertops and stainless steel appliances. There's access to the large L-shaped pool and spa from the living room, upstairs bedroom deck and the master bedroom patio. The attached 2-car garage is actually big enough for storage on both sides. You'll be close enough to walk to Panorama Park for baseball, tennis and soccer. Panorama Park also has walking paths and a playground. Simply because you're on Candy Cane Lane, the street is highly desirable (within the city) due to its built-in sense of community and festive holiday spirit. This is a wonderful opportunity for first-time buyers, an investor, or anyone looking for a centrally located home in a friendly neighborhood.

J
Jonathan Johnson
Listing Agent

Nearby schools

6/10
Sunny Sands Elementary School
Public,K-50.9mi
5/10
Landau Elementary School
Public,K-51.0mi
6/10
Rio Vista Elementary School
Public,K-51.6mi
5/10
James Workman Middle School
Public,6-81.2mi
5/10
Rancho Mirage High
Public,9-121.9mi
6/10
Cathedral City High School
Public,9-122.4mi
4/10
Desert Learning Academy
Public,K-123.7mi

Price History

Date
Event
Price
11/14/11
Sold
$140,000
04/29/04
Sold
$288,000
03/07/02
Sold
$176,500
Condition Rating
Fair

Built in 1986, the property is well-maintained and move-in ready, but shows its age in several areas. The kitchen has been updated with granite countertops and stainless steel appliances, which is a positive. However, the bathrooms feature dated tile countertops, integrated sinks, and older fixtures, indicating they are largely original or were last updated 15-20+ years ago. Flooring is a mix of older tile, carpet, and some laminate, which are functional but not modern. While clean, the home would benefit from cosmetic updates to bring it to current styles.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1620.
Highly Desirable Location & Community: Situated on the renowned 'Candy Cane Lane,' fostering a strong sense of community and festive holiday spirit, enhancing neighborhood appeal.
Private Pool & Spa: Features a large L-shaped pool and spa with convenient access from multiple areas, providing excellent recreational and entertainment opportunities.
Modernized Kitchen: Boasts granite countertops and stainless steel appliances, offering a contemporary and functional culinary space.
Exceptional Park Proximity: Within walking distance to Panorama Park, offering extensive recreational facilities including sports fields, walking paths, and a playground.
Spacious Garage: An attached 2-car garage provides generous space, including extra room for storage on both sides.

Cons

Property Age & Potential System Updates: Constructed in 1986, the home may require updates to major systems (e.g., HVAC, plumbing, electrical, roof) that are not explicitly mentioned as renovated, potentially incurring future costs.
Split-Level Floor Plan: The split-level design, while functional, might not suit all buyer preferences, particularly those desiring single-level living or with mobility considerations.
Ongoing Pool & Spa Maintenance: The presence of a large pool and spa, while an attractive feature, necessitates regular maintenance and contributes to higher utility expenses.
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