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29751 E Trancas Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 4 bath

29751 E Trancas Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$679,000
29751 E Trancas Drive, Cathedral City, California 92234
3Beds
4Baths
2,117Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($679,000) is $0 (0%) lower than the list price ($679,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential: The property is explicitly approved for short-term rentals, offering significant income potential, which is highly desirable in the Palm Springs vacation market.
Top Cons:
High Monthly Association Fees: The association fee of $954.0 per month is substantial and could be a deterrent for buyers, adding a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$679.0K vs avg $550.0K (+$129,000)83%
Size:2,117 sqft vs avg 1,795 sqft74%
Price/sqft:$321 vs avg $30956%

More Insights

Built in 1990 (35 years old).
Condition: Despite being built in 1990, this property has undergone extensive and continuous upgrades, most recently in 2022. The description highlights new windows, custom lighting, remote-controlled draperies, solar panels, and a recently added custom pool and spa. Images confirm modern LVP flooring in living areas, a contemporary fireplace, updated white shaker kitchen cabinets with modern black appliances, and a striking staircase with integrated lighting. While the kitchen retains some older tile flooring, the overall impression is of a meticulously maintained and significantly modernized home that meets current quality standards, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1990
Close
-
List price
$679K
Original List price
$679K
Price/Sqft
$321
HOA
$954
Days on market
-
Sold On
-
MLS number
219129684DA
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Panoramic,Pool

About this home

Discover the Ultimate Palm Springs Lifestyle for such a great price. This highly sought-after country club vacation rental offers the perfect blend of luxury, convenience, and income potential. Short-term rentals are allowed. With a breathtaking view of the San Jacinto Mountains and the fairway, this property has been meticulously, continuously upgraded and improved. Most recently in 2022.***Modern amenities: Enjoy remote-controlled draperies and shades, new windows, and custom lighting features.*Spacious and comfortable:* Three luxurious bedroom suites and a recently added custom pool and spa.Energy-efficient:** Solar panels provide significant cost savings.Outdoor living:** A side courtyard with a built-in commercial-grade BBQ for alfresco dining.* **Additional features:** Living room with 2-story ceiling and fireplace, Laundry room, half bath, and a double garage with epoxy floor. Country Club Lifestyle:**Desert Princess: Is a full-service, year round country club with 27 holes of golf, a clubhouse, a fitness center, and many sports courts.Endless amenities: Too many to list here! Please be sure to get the info! (yes cable and Internet included!)Don't miss out on this incredible opportunity. Schedule a viewing today!

Nearby schools

5/10
Landau Elementary School
Public,•K-5•0.3mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.0mi
6/10
Rio Vista Elementary School
Public,•K-5•1.4mi
5/10
James Workman Middle School
Public,•6-8•2.0mi
6/10
Cathedral City High School
Public,•9-12•2.5mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi
Condition Rating
Excellent
Despite being built in 1990, this property has undergone extensive and continuous upgrades, most recently in 2022. The description highlights new windows, custom lighting, remote-controlled draperies, solar panels, and a recently added custom pool and spa. Images confirm modern LVP flooring in living areas, a contemporary fireplace, updated white shaker kitchen cabinets with modern black appliances, and a striking staircase with integrated lighting. While the kitchen retains some older tile flooring, the overall impression is of a meticulously maintained and significantly modernized home that meets current quality standards, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Income Potential: The property is explicitly approved for short-term rentals, offering significant income potential, which is highly desirable in the Palm Springs vacation market.
Extensive Upgrades & Modern Amenities: Meticulously and continuously upgraded, most recently in 2022, featuring modern amenities like remote-controlled draperies, new windows, and custom lighting, enhancing comfort and appeal.
Private Pool, Spa & Outdoor Living: Includes a recently added custom pool and spa, complemented by a side courtyard with a built-in commercial-grade BBQ, perfect for entertaining and enjoying the desert lifestyle.
Comprehensive Country Club Amenities: Located within Desert Princess, a full-service country club offering 27 holes of golf, a clubhouse, fitness center, and various sports courts, providing a luxurious and active lifestyle.
Energy Efficiency: Equipped with solar panels, which provide significant cost savings on utilities, a major benefit in the desert climate.

Cons

High Monthly Association Fees: The association fee of $954.0 per month is substantial and could be a deterrent for buyers, adding a significant recurring cost to homeownership.
Age of Property: Built in 1990, while extensively upgraded, the property is over 30 years old, which may imply potential for future maintenance on original systems not covered by recent renovations.
Modest Lot Size: With a lot size of 6,534 sqft, it is relatively modest for a single-family home, especially one with a private pool, potentially limiting additional outdoor space or expansion opportunities.

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