
Cathedral City, California 92234
This Modernized Panorama Residence is a High-Potential Investment Opportunity listed at $519,000—positioned well below the $525,000 Fair Market Value by 1%. This valuation gap provides $6,000 in Instant Equity. Boasting a Move-in Ready Condition Rating, the home features a Granite Kitchen, Solar Panels, and a Pebble Tec Pool with Mountain Views. The permitted 411 sq ft Bonus Room with city-approved ADU Plans offers immediate value-add potential near Sunny Sands Elementary. This is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68954 Durango Road Subject | $449,000* List Price | 3 | 3 | 2,053 | $256 | - |
A 68650 30th Avenue Sold | $468,000 | 3 | 2 | 1,814 | $258 | 0.3 mi |
B 68790 Minerva Road Sold | $535,000 | 4 | 2 | 2,216 | $241 | 0.4 mi |
C 68655 Durango Road Sold | $480,000 | 3 | 2 | 1,971 | $244 | 0.3 mi |
D 29903 Calle Tampico Sold | $540,000 | 4 | 2 | 2,232 | $242 | 1.0 mi |
E 68635 Panorama Sold | $450,000 | 3 | 2 | 1,935 | $233 | 0.8 mi |
F 67954 S Trancas Drive Sold | $500,000 | 3 | 4 | 2,117 | $236 | 0.9 mi |
G 68420 Durango Pending | $519,000 List Price | 3 | 3 | 1,864 | $278 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates that elevate it above its 1988 build date. The kitchen is modernized with granite countertops, walnut cabinetry, and stainless steel appliances, while the living areas benefit from high ceilings, recessed lighting, and tile flooring. Additional high-value features like the Pebble Tec pool, solar panels, and a permitted bonus room indicate consistent maintenance and periodic renovation within the last 5 to 15 years.
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 = 2053.
The property features a permitted 411 sq ft bonus room with city-approved ADU plans, providing a turnkey opportunity for rental income or a private guest suite.
Equipped with solar panels to offset desert cooling costs, the home also boasts a private Pebble Tec pool and gated RV access, catering to high-demand lifestyle needs.
The presence of carpeted bedrooms alongside tile flooring may be seen as a drawback for buyers seeking a uniform, modern hard-surface aesthetic throughout the home.
Built in 1988, the property faces competition from newer builds in the area, as evidenced by a recent price reduction to align with current market expectations.
Attention Buyers - Opportunity with ADU Potential!Located in the desirable Panorama neighborhood, this two-story 3-bedroom, 2.5-bath home offers approximately 1,700 sq ft of interior living space plus a permitted 411 sq ft bonus room, for a combined total of 2,111 sq ft of functional space. The permitted bonus room provides a unique opportunity for additional living space, home office, gym, workshop, or potential ADU conversion for extended family or rental income. Cathedral City has approved ADU plans ready for you. Inside, the home features tile flooring in the main living areas and carpeted bedrooms, with a kitchen offering granite countertops, walnut cabinetry, and stainless-steel appliances that open to a spacious living area with high ceilings, recessed lighting, a wet bar, and fireplace, creating a comfortable space for everyday living and entertaining. Additional highlights include gated RV access, wood blinds throughout most windows, and a primary bedroom with decorative accent wall. The private backyard features mature hedges and trees, green lawn, and a Pebble Tec pool, offering a welcoming space for outdoor relaxation or gatherings. The home is also equipped with solar panels to help reduce electricity costs and is located in a well established neighborhood close to local amenities. With flexible space and ADU possibilities, this property presents a great opportunity for buyers looking to create additional value and make the home their own.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,053 | 1,771.5 | 73% |
| Lot Size | 8,276 | 7,841 | 54% |
| Price | $449.0K | $545.0K | 16% |
| Price per sq ft | $219 | $308 | 5% |
| Built year | 1988 | 1992 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 184 | 11% |
Mar 29, 2026
$449,000
$519,000
-13% Price Drop
Initial Listing
Mar 16, 2026
$519,000
$525,000
-1% Price Drop
Initial Listing
Feb 4, 2026
$525,000
Initial Listing
Dec 27, 2018
$344,000
Public Record
Jun 30, 2000
$147,500
Public Record