68900 Tortuga Road, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath
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Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $390,000—positioned well above the $353,507 Fair Market Value by 10%. While the price reflects a premium, the 8,712 square foot lot and inground spa provide significant value-add potential. Currently in a Condition Rating of 5, the home serves as a blank canvas for renovation. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the expansive lot and mountain view potential in Cathedral City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68900 Tortuga Road Subject | $390,000* List Price | 2 | 2 | 960 | $368 | - |
A 68155 Bella Vista Sold | $365,000 | 2 | 2 | 1,012 | $361 | 0.8 mi |
B 30525 Avenida Maravilla Sold | $360,000 | 3 | 2 | 1,120 | $321 | 0.6 mi |
C 68065 Vista Chino Sold | $410,000 | 3 | 2 | 1,332 | $308 | 1.0 mi |
D 69204 Kemper Court Active | $485,000 List Price | 2 | 2 | 1,272 | $381 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 and explicitly described as being in 'original 1985 condition,' this property is marketed as a 'blank canvas' for investors and flippers. At nearly 40 years old without updates to the kitchen, baths, or major systems, it requires a full rehab to meet modern standards.
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 = 960.
The property sits on a massive 8,712 square foot lot featuring an inground spa and mountain view potential, offering rare outdoor space for a home of this size.
Located on fee-simple land with no HOA dues or restrictions, providing the owner with full autonomy and lower monthly carrying costs compared to neighboring communities.
The home has been maintained in its original 1985 state, requiring a comprehensive remodel of the kitchen, bathrooms, and living areas to meet modern market standards.
The property is equipped with a leased solar system that the buyer must assume, which may complicate the financing process or represent an ongoing fixed expense.
Incredible value-add opportunity with an inground spa! Located in the Palm Springs Panorama 2 neighborhood of Cathedral City, this single-story detached property sits on a massive 8,712 square foot lot, offering rare outdoor space and expansive mountain view potential. The backyard serves as your own private desert retreat, complete with a built-in inground spa and plenty of room to design an outdoor entertainment oasis. Inside, the 960-square-foot floor plan features 2 bedrooms, 2 bathrooms, a central living area, and an attached 1-car garage. Energy efficiency is supported by a leased solar system (buyer to assume contract).Maintained in its original 1985 condition, this home is the perfect blank canvas for an investor, flipper, or savvy buyer looking to customize a property and build instant sweat equity. Enjoy ownership on fee-simple land with no HOA dues or restrictions. Bring your vision and schedule a walkthrough today, properties with this footprint and premium outdoor features at this price point do not last!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 960 | 1,810.5 |
| Lot Size | 8,712 | 8,276 |
| Price | $390.0K | $565.6K |
| Price per sq ft | $406 | $308 |
| Built year | 1985 | 1999 |
| HOA | $0 | $261 |
| Days on market | 8 | 67 |
Jul 14, 2026
$390,000
Initial Listing
Nov 7, 2003
$177,500
Public Record
Jun 1, 1998
$75,000
Public Record