69360 Vera Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
ACTIVE$530,000$1,600/sqft
Est. Value: $573,364
8%
BelowEstimate
69360 Vera Drive, Cathedral City, California 92234
3Beds
2Baths
1,600Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($573,363.845) is $43,363.845 (8%) higher than the list price ($530,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1600.
Top Cons:
Original Construction Year: Despite extensive remodeling, the home's original construction year of 1979 may raise concerns for some buyers regarding underlying infrastructure (e.g., plumbing, electrical, roof) that might not have been fully replaced.
Compared to the nearby listings
Price:$530.0K vs avg $545.0K ($-15,000)48%
Size:1,600 sqft vs avg 1,789 sqft35%
Price/sqft:$331 vs avg $30865%
More Insights
Built in 1979 (47 years old).
Condition: Despite being built in 1979, this property has undergone a comprehensive and high-quality modern renovation. The kitchen features new high-gloss cabinetry, quartz countertops, stainless steel appliances, and contemporary lighting. Bathrooms are spa-inspired with new vanities, vessel sinks, backlit mirrors, and modern tiled showers. All flooring is new tile, and the interior boasts fresh paint and modern fixtures throughout, indicating all components are virtually new and meet current quality standards.
Year Built
1979
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
$331
HOA
-
Days on market
-
Sold On
-
MLS number
219141620DA
Home ConditionExcellent
Features
Good View: Mountain(s), Peek-A-Boo
Patio
ViewMountain(s), Peek-A-Boo
About this home
Welcome to 69360 Vera Drive, a beautifully remodeled, modern retreat in the heart of Cathedral City and minutes from Palm Springs. This sleek, open-concept home features high-end finishes, a designer kitchen with quartz countertops and stainless-steel appliances, and spa-inspired bathrooms for effortless relaxation. Step outside to a private backyard oasis perfect for entertaining or enjoying warm desert evenings. Located in a well-established Cathedral City neighborhood near dining, shopping, parks, and top schools.
T
Thalia Ledezma
Listing Agent
Price History
Date
Event
Price
06/30/20
Sold
$285,000
Condition Rating
Excellent
Despite being built in 1979, this property has undergone a comprehensive and high-quality modern renovation. The kitchen features new high-gloss cabinetry, quartz countertops, stainless steel appliances, and contemporary lighting. Bathrooms are spa-inspired with new vanities, vessel sinks, backlit mirrors, and modern tiled showers. All flooring is new tile, and the interior boasts fresh paint and modern fixtures throughout, indicating all components are virtually new and meet current quality standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1600.
Comprehensive Modern Remodel: The property has undergone a beautiful and modern remodel, featuring an open-concept design and high-end finishes throughout, significantly enhancing its appeal and functionality.
Upgraded Kitchen & Bathrooms: Boasts a designer kitchen with quartz countertops and stainless-steel appliances, alongside spa-inspired bathrooms, offering luxurious and contemporary living spaces.
Private Outdoor Oasis: Features a private backyard oasis, ideal for entertaining and enjoying the warm desert evenings, adding significant lifestyle value.
Prime Location & Accessibility: Situated in a well-established Cathedral City neighborhood, offering convenient access to dining, shopping, parks, top schools, and is just minutes from Palm Springs.
Scenic Mountain Views: The property offers desirable mountain and peek-a-boo views, contributing to its aesthetic appeal and overall desirability.
Cons
Original Construction Year: Despite extensive remodeling, the home's original construction year of 1979 may raise concerns for some buyers regarding underlying infrastructure (e.g., plumbing, electrical, roof) that might not have been fully replaced.
Undefined Subdivision: The 'Not Applicable-1' subdivision name suggests the property may not be part of a recognized or amenity-rich community, potentially lacking the benefits or clear market comparables of a defined neighborhood.
Substantial Price Increase: The current list price of $530,000 represents a significant increase from its 2020 sale price of $285,000, which might lead to buyer scrutiny regarding market value and the extent of the remodel's justification.