68980 Via Eytel, Cathedral City, California 92234, Cathedral City, 92234 - 0 bed, 0 bath
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Cathedral City, California 92234
Analysis of 68980 Via Eytel, Cathedral City, California 92234 is currently available with a list price of $2,895,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Cathedral City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and in mint condition. The interiors feature modern wood-look flooring, contemporary bathroom vanities with undermount sinks, and updated fixtures. As a newer construction, the HVAC and electrical systems are modern, and the property requires no immediate maintenance.
Situated in a Qualified Opportunity Zone, this property offers significant federal tax advantages, including the potential to eliminate capital gains tax on appreciation for long-term investors.
Built in 2022, these five detached homes feature contemporary designs and low-maintenance materials, significantly reducing the need for immediate capital expenditures or repairs.
The unique detached layout with private yards, two-car garages, and a community pool provides a high-end, resort-style living experience that commands superior rental demand and tenant retention.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8000, other record living area = 1594.
Managing five separate detached structures, individual yards, and a shared swimming pool involves higher maintenance coordination and property management overhead than a traditional multi-unit building.
The unconventional 'five-on-one-lot' detached residential setup may require specialized commercial financing, potentially limiting the pool of traditional residential buyers.
Five Modern 4 Years New Detached Single Family Homes in Cathedral City - Exceptional Opportunity Zone Investment Rare opportunity to own five detached two-story homes, all built just four years ago, in one of Cathedral City's most desirable residential communities. Located within a Qualified Opportunity Zone, this property may offer significant federal tax advantages, including the potential to eliminate federal capital gains tax on appreciation if ownership and all IRS Qualified Opportunity Zone requirements are satisfied. (Buyers should consult their tax advisor regarding eligibility and tax benefits.) Designed with true pride of ownership, this modern multifamily development offers an exceptional resort-style living experience. Residents enjoy a sparkling community swimming pool, while each home features its own attached two-car garage, front yard, and fenced backyard, all situated along a private cul-de-sac drive for added privacy and appeal. Ideally located just off Date Palm Drive, the property is within walking distance of shopping, restaurants, banking, entertainment and the nearby Agua Caliente casino. Residents also enjoy everything that makes Cathedral City living so desirable, including year-round sunshine, beautiful mountain views, convenient access to Palm Springs and the entire Coachella Valley, championship golf, hiking, festivals, and an outstanding desert lifestyle. This is a rare opportunity to acquire a newer, low-maintenance investment property that combines strong rental appeal, modern construction, and a prime Cathedral City location with potential long-term tax benefits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 8,000 | 1,810.5 |
| Lot Size | 27,878 | 8,276 |
| Price | $2.90M | $565.6K |
| Price per sq ft | $362 | $308 |
| Built year | 2022 | 1999 |
| HOA | $0 | $261 |
| Days on market | 7 | 67 |
Jul 15, 2026
$2,895,000
Initial Listing
Jan 14, 2022
$2,800,000
Public Record
Oct 17, 2019
$1,490,000
Public Record
Apr 13, 2015
$500,000
Public Record
Jan 20, 2006
$500,000
Public Record