69895 Papaya Lane, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath
ACTIVE$546,900
69895 Papaya Lane, Cathedral City, California 92234
3Beds
2Baths
1,314Sqft
7,405Lot
Price Vs. Estimate
The estimated value ($504,169.93) is $42,730.07 (7%) lower than the list price ($546,900). This property may be overpriced.
Key pros and cons
Top Pros:
No HOA: The property benefits from having no Homeowners Association, which means lower monthly costs and fewer restrictions for the homeowner.
Top Cons:
Requires Cosmetic Enhancements: The interior is explicitly stated as 'ready for your cosmetic enhancements,' indicating that a buyer should budget for immediate updates and renovations.
Compared to the nearby listings
Price:$546.9K vs avg $550.0K ($-3,100)49%
Size:1,314 sqft vs avg 1,789 sqft12%
Price/sqft:$416 vs avg $30992%
More Insights
Built in 1961 (64 years old).
Condition: The property, built in 1961, is well-maintained but shows significant signs of age and outdated styles, particularly in the kitchen. The kitchen features dated tile countertops, older white appliances (except for a newer black refrigerator), and traditional light wood cabinets. While functional, it requires substantial cosmetic updates. The main bathroom appears to have been updated more recently with a modern vanity and tiled shower, but it's not a full high-end renovation. Flooring is a mix of hardwood/laminate, tile, and dated blue carpet. The exterior and backyard with a pool and spa are well-kept and a strong asset. The listing description itself notes it's 'ready for your cosmetic enhancements,' aligning with a 'Fair' condition score, indicating it's aged but maintained, requiring minor updates rather than major repairs.
Year Built
1961
Close
-
List price
$547K
Original List price
$547K
Price/Sqft
$416
HOA
-
Days on market
-
Sold On
-
MLS number
219130233DA
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)
About this home
Quaint mid century pool home with no HOA! This three bedroom, two bathroom Cathedral City home is Rancho Mirage adjacent located off DaVall. The spacious lot features lush green turf which offers low maintenance and a resort like backyard with fire pit, pool & spa, and covered patio with fireplace Inside you'll find a functional floor plan ready for your cosmetic enhancements! Great opportunity in a great location.
Condition Rating
Fair
The property, built in 1961, is well-maintained but shows significant signs of age and outdated styles, particularly in the kitchen. The kitchen features dated tile countertops, older white appliances (except for a newer black refrigerator), and traditional light wood cabinets. While functional, it requires substantial cosmetic updates. The main bathroom appears to have been updated more recently with a modern vanity and tiled shower, but it's not a full high-end renovation. Flooring is a mix of hardwood/laminate, tile, and dated blue carpet. The exterior and backyard with a pool and spa are well-kept and a strong asset. The listing description itself notes it's 'ready for your cosmetic enhancements,' aligning with a 'Fair' condition score, indicating it's aged but maintained, requiring minor updates rather than major repairs.
Pros & Cons
Pros
No HOA: The property benefits from having no Homeowners Association, which means lower monthly costs and fewer restrictions for the homeowner.
Resort-Style Backyard: The spacious lot features a resort-like backyard complete with a pool, spa, fire pit, and a covered patio with a fireplace, ideal for entertainment and relaxation.
Mid-Century Charm: Described as a 'Quaint mid century pool home,' it offers unique architectural character and appeal to buyers seeking a classic aesthetic.
Desirable Location: Located 'Rancho Mirage adjacent' and off DaVall, the property boasts a 'great location' offering convenience and potential for appreciation.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and overall living experience.
Cons
Requires Cosmetic Enhancements: The interior is explicitly stated as 'ready for your cosmetic enhancements,' indicating that a buyer should budget for immediate updates and renovations.
Age of Property: Built in 1961, the home's age, while offering charm, may imply older systems (e.g., plumbing, electrical, HVAC) that could require maintenance or upgrades in the near future.
Potentially Dated Floor Plan: While described as 'functional,' the floor plan of a 1961 home might not align with modern open-concept preferences, potentially limiting its appeal to some buyers without significant renovation.