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29879 E Trancas Drive, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 3 bath

29879 E Trancas Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$475,000
29879 E Trancas Drive, Cathedral City, California 92234
3Beds
3Baths
1,841Sqft
6,534Lot
Year Built
1990
Close
-
List price
$475K
Original List price
$495K
Price/Sqft
$258
HOA
$954
Days on market
-
Sold On
-
MLS number
219120514DA
Home ConditionFair
Features
Excellent View: Golf Course, Mountain(s)
Patio
ViewGolf Course,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $475.0K(23th), sqft - 1841(54th), beds - 3(50th), baths - 3(56th).

REDUCED! This sought after Buena Vista model, single-story home is the perfect sanctuary for families and guests seeking a luxurious escape in our breathtaking valley. Boasts stunning WEST mountains views, every moment spent here is an invitation to relax and entertain. Imagine evenings on the back patio (with newer pergola), laughter filling the air as you create memories with loved ones. Featuring three en-suite bedrooms and an updated kitchen with center island, updated cabinets and countertops, adorned with all-tile flooring throughout, this gem offers both comfort and style for your desert retreat.. Land lease expires in 2044 and The monthly ground rent is $201.82The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair.27 Holes of Championship Golf. Restaurant on site. Pamper yourself at our Wellness Spa, on site. Boasting 34 Community Pools and Spas-Make this your new address!

Nearby schools

5/10
Landau Elementary School
Public,•K-5•0.3mi
4/10
Agua Caliente Elementary School
Public,•K-5•0.9mi
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
Fair
Built in 1990, this property is well-maintained and move-in ready. The kitchen features updated cabinets and countertops, but the island cooktop and some light fixtures appear dated. Bathrooms show signs of older updates with dated light fixtures and tile work, suggesting renovations likely occurred 15-20 years ago rather than recently. While functional, the home's style reflects its age and previous updates, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Extensive Community Amenities: The Desert Princess community offers an impressive array of amenities, including an affordable 27-hole PGA Championship golf course with no tee-time lotteries or initiation fees, an on-site restaurant, a wellness spa, and 34 community pools and spas, providing a resort-like living experience.
Updated Interior & Functional Layout: The home features an updated kitchen with a center island, updated cabinets and countertops, and all-tile flooring throughout. The desirable layout includes three en-suite bedrooms, making it ideal for families or guests.
Desirable Views & Outdoor Space: The property boasts stunning West mountain views and a back patio with a newer pergola, creating an inviting outdoor space perfect for relaxation and entertaining.
Strategic Location: Located in a quiet community, the property offers tranquility while being just minutes away from the vibrant attractions of Palm Springs, including restaurants, shopping, casinos, the international airport, and cultural venues.
Recent Price Reduction: The property has recently been reduced in price from $495,000 to $475,000, indicating a motivated seller and potentially offering a more attractive value proposition to buyers.

Cons

Limited Land Lease Term: The property is subject to a land lease that expires in 2044, which is a relatively short remaining term. This can impact financing options, future appreciation, and resale value as the lease approaches its end.
High Monthly Costs: Buyers will incur significant ongoing monthly expenses due to the high association fee of $954, in addition to a monthly ground rent of $201.82, totaling over $1,150 per month before utilities and property taxes.
Age of Property: Built in 1990, the property is over 30 years old. While the interior has been updated, potential buyers may consider the age of the overall structure and major systems, which could require future maintenance or upgrades.

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