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29649 E Trancas Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath

29649 E Trancas Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$375,000
29649 E Trancas Drive, Cathedral City, California 92234
2Beds
2Baths
1,461Sqft
6,534Lot
Year Built
1990
Close
-
List price
$375K
Original List price
$400K
Price/Sqft
$257
HOA
$954
Days on market
-
Sold On
-
MLS number
219125313DA
Home ConditionFair
Features
Excellent View: Golf Course, Mountain(s)
Patio
ViewGolf Course,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $375.0K(3th), sqft - 1461(21th), beds - 2(10th), baths - 2(50th).

PRICE REDUCED!! LOWEST PRICED VILLA IN DESERT PRINCESS PALM SPRINGS!!! WEST-FACING MOUNTAIN VIEW!! Great opportunity to own a Villa in Desert Princess Palm Springs. This pride of ownership home has been updated with granite in the kitchen and baths. If you are a golf enthusiast, you have a front row seat! The real bonus to this property is the amazing patio with custom pergola cover. If you are interested in generating rental income with your villa, on-site, full-service management is available. Sold furnished. DPPS is a wonderful resort with 27 holes of golf, country club with dining and bar, banquet facilities, fitness center (currently being remodeled), spa, tennis, pickle ball and more. There are 35 pools/spas in the resort available to all homeowners. HOA dues include country club membership, Spectrum CATV, internet and WiFi and 24-hour security. 10 minutes to Downtown Palm Springs, 15 minutes to El Paseo.

Nearby schools

5/10
Landau Elementary School
Public,•K-5•0.4mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.0mi
6/10
Rio Vista Elementary School
Public,•K-5•1.3mi
5/10
James Workman Middle School
Public,•6-8•2.0mi
6/10
Cathedral City High School
Public,•9-12•2.6mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi
Condition Rating
Fair
The property, built in 1990, is well-maintained and features updated granite countertops in the kitchen and bathrooms. However, the overall aesthetic, including the light green carpeting, traditional light fixtures, and white kitchen appliances, suggests that the updates are not recent enough to be considered modern. While functional and clean, the home shows signs of being aged and would benefit from further cosmetic updates to align with current styles.
Pros & Cons

Pros

Extensive Resort Amenities: The Desert Princess community offers a wealth of amenities including 27 holes of golf, a country club with dining, fitness center, spa, tennis, pickleball, and 35 pools/spas, providing a luxurious resort lifestyle.
Desirable Views: The property features west-facing mountain and golf course views, enhancing its aesthetic appeal and overall desirability.
Rental Income Opportunity: The availability of on-site, full-service management makes this property an attractive option for generating rental income.
Recent Interior Updates: The kitchen and baths have been updated with granite, reflecting a level of modernization and pride of ownership.
Turnkey Furnished Property: Being sold furnished offers a convenient, ready-to-move-in or immediate rental opportunity for buyers.

Cons

High Monthly HOA Dues: The significant monthly association fee of $954.0 could be a considerable ongoing expense for potential buyers.
Potential Overvaluation: The current listing price of $375,000 is substantially higher than the property's estimated value of $244,597, indicating a potential overvaluation in the market.
Age of Property: Built in 1990, the property is over three decades old, which may lead to concerns about the condition of original systems and components, despite recent cosmetic updates.

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