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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 UNDER CONTRACT$325,000
29649 E Trancas Drive, Cathedral City, California 92234
2Beds
2Baths
1,461Sqft
6,534Lot
Year Built
1990
Close
-
List price
$325K
Original List price
$375K
Price/Sqft
$222
HOA
$954
Days on market
-
Sold On
-
MLS number
219135148PS
Home ConditionFair
Features
Good View: Golf Course, Mountain(s)
Patio
ViewGolf Course,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $325.0K(2th), sqft - 1461(21th), beds - 2(10th), baths - 2(50th).

Discover the perfect blend of elegance, comfort, and resort living in this beautifully updated villa at Desert Princess Country Club--offering one of the BEST VALUES in the community and one of the lowest land leases at just $172/month through 2044! Enjoy nearly 20 years of low payments surrounded by golf, tennis, and breathtaking mountain views.This home features 2 bedrooms, 2 bathrooms, open-concept living, and a private patio with a custom pergola overlooking lush fairways--perfect for morning coffee, afternoon lounging, or sunset cocktails with friends.For buyers seeking long-term stability, the lease can be extended to 2069 for approximately $10,000, with a new monthly lease around $500. This gives you the flexibility to maximize savings now or secure a 30-year lease for future peace of mind.Offered fully furnished and move-in ready, this home is ideal as a primary residence, seasonal getaway, or income-producing investment with professional on-site rental management.Residents of Desert Princess Country Club enjoy world-class amenities including 27 holes of championship golf, a vibrant clubhouse with dining and bar, a full-service spa, tennis and pickleball courts, a newly remodeled fitness center, and 35 sparkling pools and spas scattered throughout the community. HOA dues include Spectrum CATV, high-speed internet, and 24-hour gated security--providing unmatched value and peace of mind.Located just 10 minutes from Downtown Palm Springs, this home captures the very essence of desert luxury and resort lifestyle. Don't miss this opportunity to own in one of the Coachella Valley's most sought-after communities--this is more than a home, it's a destination.

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

Price History

Date
Event
Price
10/10/25
Price Change
$325,000-13.3%
09/10/25
Listing
$375,000
Condition Rating
Fair
Built in 1990, this property is well-maintained and move-in ready, but the 'beautifully updated' description refers to cosmetic changes rather than a full, recent renovation. The kitchen features white appliances and granite countertops, which are functional but not modern. Bathrooms have updated vanities but dated light fixtures and a specific aesthetic. The mirrored walls in the bedroom and carpet throughout also indicate an older style, suggesting the property is aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Exceptional Value & Low Land Lease: The property is highlighted as 'one of the BEST VALUES in the community' with a remarkably low land lease of just $172/month through 2044, offering significant savings on carrying costs for nearly two decades.
World-Class Resort Amenities: Residents gain access to an extensive array of luxury amenities including 27 holes of championship golf, a full-service spa, 35 pools/spas, tennis/pickleball courts, and a remodeled fitness center, fostering a premium resort lifestyle.
Furnished & Turnkey Ready: Offered fully furnished and move-in ready, this home provides immediate utility for a primary residence, seasonal getaway, or an income-producing investment with professional on-site rental management.
Comprehensive HOA Inclusions & Security: HOA dues cover valuable services such as Spectrum CATV, high-speed internet, and 24-hour gated security, enhancing convenience, connectivity, and peace of mind for residents.
Prime Location with Scenic Views: Situated just 10 minutes from Downtown Palm Springs, the villa offers breathtaking mountain views and overlooks lush fairways from its private patio, combining natural beauty with convenient access to city attractions.

Cons

Land Lease Structure & Future Costs: The property is on a land lease, which, despite its current low rate, can be a deterrent for some buyers and may impact financing. The option to extend the lease to 2069 involves an additional $10,000 cost and a significant increase to approximately $500/month.
High Monthly Carrying Costs: The combined monthly expenses, including the $954.0 association fee and the land lease, represent a substantial recurring cost that potential buyers must factor into their budget.
Property Age & Potential for Updates: Built in 1990, the property is over three decades old. While described as 'beautifully updated,' the listing does not specify recent major system replacements, suggesting potential for future maintenance or renovation needs beyond cosmetic improvements.

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