
Cathedral City, California 92234
This Spacious Value-Add Condominium is listed at $248,888, representing a significant price correction from its original entry. While positioned slightly above the $231,346 Fair Market Value, the home’s Condition Rating of 4 signals a prime opportunity for forced appreciation through interior updates. Key architectural assets include Soaring Cathedral Ceilings, a Private Outdoor Patio, and a rare Attached Two-Car Garage. Located near Cathedral City High School, this property is a strategic entry point for Fix-and-Flip Investors or first-time buyers seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68893 Calle Monforte Subject | $239,500* List Price | 1 | 2 | 1,037 | $217 | - |
A 69130 Gerald Ford Drive 41 Sold | $215,000 | 2 | 2 | 900 | $239 | 0.3 mi |
B 35200 Cathedral Canyon Drive S149 Sold | $255,000 | 1 | 2 | 1,080 | $236 | 0.3 mi |
C 35200 Cathedral Canyon Drive Sold | $260,000 | 2 | 2 | 1,388 | $187 | 0.4 mi |
D 35200 Cathedral Canyon Drive 102 Sold | $275,000 | 2 | 2 | 1,384 | $199 | 0.4 mi |
E 35401 Calle Sonseca Sold | $271,000 | 2 | 2 | 1,406 | $193 | 0.3 mi |
F 35200 Cathedral Canyon Drive I71 Active | $289,000 List Price | 2 | 2 | 1,384 | $209 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is functional but shows significant signs of age with dated finishes. The kitchen features older white appliances and tile countertops, while the bathrooms and flooring (carpeting) appear original or from a previous decade. While the 'bones' and cathedral ceilings are attractive, the interior requires cosmetic modernization to meet current market standards.
The unit features soaring cathedral ceilings that create an airy, voluminous atmosphere, making the 1,037 square feet of living space feel exceptionally open.
Unlike many condominiums in this price bracket, the property includes an attached two-car garage, providing significant value for security and storage.
Ideally situated near the 111 freeway and Palm Springs, the home offers convenient access to premier golf courses, shopping, and dining destinations.
The monthly association fee of $600 is relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact investor cash flow.
The property requires cosmetic updating and modernization, necessitating an immediate additional capital investment upon purchase.
As a one-bedroom residence, the property has a narrower market appeal, specifically excluding families or buyers requiring a dedicated home office space.
Whether your starter, downsizer, or investor, this spacious 1-bedroom, 2-bath condo offers a fantastic opportunity. Featuring soaring cathedral ceilings, a private outdoor patio, and an attached two-car garage, the home delivers comfort, convenience, and great bones. It could use a bit of updating—perfect for those wanting to add personal touches. Located in a community with a pool and jacuzzi, this property combines lifestyle and potential. Conveniently located near community parks, shopping, golf courses, dining and just minutes from the 111 freeway and Palm Springs.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 3.0 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 10% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,037 | 1,212 | 21% |
| Lot Size | 1,742 | 1,307 | 66% |
| Price | $239.5K | $287.0K | 19% |
| Price per sq ft | $231 | $238 | 40% |
| Built year | 1981 | 1985 | 18% |
| HOA | $600.0 | $575 | 56% |
| Days on market | 314 | 181 | 84% |
Apr 20, 2026
$239,500
$248,888
-4% Price Drop
Initial Listing
Nov 22, 2025
$248,888
$260,000
-4% Price Drop
Initial Listing
Aug 27, 2025
$260,000
Initial Listing
Jun 12, 2025
$319,000
Initial Listing