68947 Risueno Road, Cathedral City, California 92234, Cathedral City, 92234 - 4 bed, 3 bath

68947 Risueno Road, Cathedral City, California 92234 home-pic-0

68947 Risueno Road

Cathedral City, California 92234

ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,371Sq Ft
8,276Lot Size

Property Price

LIST PRICE$599,000
EST. MARKET VALUE
$602,813

SUMMARY

Estimated Market Value

$602,813
Based on Realkey algorithm analyzing recent comparable sales in Cathedral City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
68947 Risueno Road
Subject
$599,000*
List Price
432,371$254-
A
68790 Minerva Road
Sold
$535,000422,216$2410.4 mi
B
68744 Durango Road
Sold
$524,000432,547$2060.2 mi
C
68650 30th Avenue
Sold
$468,000321,814$2580.3 mi
D
68200 Durango Road
Sold
$545,000432,641$2060.7 mi
E
68660 Concepcion Road
Sold
$647,500422,372$2730.4 mi
F
68655 Durango Road
Sold
$480,000321,971$2440.3 mi
G
68920 Minerva Road
Active
$635,000
List Price
432,216$2870.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1990, this property is described as a 'diamond in the rough' and a 'blank canvas' requiring cosmetic updates such as new flooring and paint. While the pool has been recently resurfaced and the home is functional, the interior features and systems are over 30 years old without significant recent renovations, placing it firmly in the fair category.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Outdoor Oasis

    The property features a large 8,276 sq. ft. lot with a freshly gunited pool and spa, built-in gas BBQ, and mature fruit trees, perfectly capturing the desert's indoor/outdoor lifestyle.

  • Versatile Floor Plan

    This 2,371 sq. ft. tri-level home includes four sizable bedrooms, including a highly desirable bedroom and full bathroom on the ground floor, ideal for guests or multi-generational living.

  • Significant Value-Add Potential

    Described as a 'diamond in the rough' with 'good bones,' the home offers a prime opportunity for buyers to build equity through personalized cosmetic renovations like new flooring and paint.

CONSRISKS & DEFICIENCIES

  • Cosmetic Condition

    The interior is in need of updating, specifically flooring and paint, which may require immediate additional capital investment from the buyer upon move-in.

  • Fixed Solar Lease Cost

    The solar system is leased at $225 monthly, representing a mandatory recurring expense that must be assumed by the buyer, impacting monthly debt-to-income ratios.

  • Tri-Level Layout

    The tri-level architectural design involves multiple sets of stairs, which may be a drawback for buyers seeking high accessibility or a traditional single-story desert ranch layout.

About 68947 Risueno Road

''Your Private Desert Oasis Awaits: A Blank Canvas in Cathedral City''Please note: some photos virtually staged.Discover the potential of this spacious 4-sizable bedroom( 1 bedroom downstairs) 3-FULL bathrooms tri-level home, a true diamond in the rough with an unparalleled PRIVATE outdoor living space. Situated on a generous 8,276 sq. ft. lot in a quiet neighborhood, this property is the perfect canvas for those dreaming of customizing their Palm Springs-area retreat.The SOLAR (leased $225 monthly) home offers a substantial 2,371 sq. ft. of living space with good-sized bedrooms and a functional layout, providing the ''good bones'' for a stunning renovation. Home is also move in ready but you may want to paint and add new flooring that's all...The huge, private backyard, featuring a freshly gunited pool and spa, a covered seating area, a gas BBQ, and mature fruit trees. This space is a haven for relaxation and entertaining, epitomizing the highly desirable indoor/outdoor desert lifestyle.Conveniently located just minutes from local amenities, dining options, and casinos, combining a secluded feel with easy access to all the desert has to offer!Come on by and see for yourself!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
8,276 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Cathedral City Unified Schools

Sunny Sands Elementary School

Grades K-5 • 0.7 mi

6/10

Landau Elementary School

Grades K-5 • 0.9 mi

5/10

Rio Vista Elementary School

Grades K-5 • 1.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
68%
Baths3.02.0
60%
Square foot2,3711,753.5
85%
Lot Size8,2767,841
55%
Price$599.0K$545.0K
66%
Price per sq ft$253$309
16%
Built year19901994
46%
HOA$0$0
50%
Days on market65180
5%

Pricing History

Listed for Sale

Mar 2, 2026

$599,000

$625,000

-4% Price Drop

Initial Listing

Price Change

Jan 22, 2026

$625,000

$650,000

-4% Price Drop

Initial Listing

Price Change

Jan 2, 2026

$650,000

Initial Listing

Sold

Mar 14, 1996

$159,500

Public Record

Browse Properties by State Browse housing market trends by state