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67162 W Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - 2 bed, 2 bath

67162 W Chimayo Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$299,000
67162 W Chimayo Drive, Cathedral City, California 92234
2Beds
2Baths
1,212Sqft
Lot
Year Built
1985
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
$247
HOA
$954
Days on market
-
Sold On
-
MLS number
219135848PS
Home ConditionFair
Features
Excellent View: Golf Course, Mountain(s), Pond, Pool
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Pond,Pool

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $299.0K(50th), sqft - 1212(50th), beds - 2(50th), baths - 2(50th).

Gorgeous Golf Course condo. ***TURNKEY FURNISHED!*** Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!

Nearby schools

6/10
Rio Vista Elementary School
Public,•K-5•0.8mi
5/10
Landau Elementary School
Public,•K-5•1.4mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.4mi
5/10
James Workman Middle School
Public,•6-8•3.0mi
4/10
Desert Learning Academy
Public,•K-12•2.6mi
6/10
Cathedral City High School
Public,•9-12•3.6mi

Price History

Date
Event
Price
09/25/25
Listing
$299,000
Condition Rating
Fair
The property was built in 1985, making it 39 years old. While described as 'TURNKEY FURNISHED' and appearing well-maintained, the images reveal that the kitchen and bathrooms largely retain their original or lightly updated 1980s/early 1990s aesthetic. The kitchen features older white appliances, and the bathrooms have dated tiled countertops, older light fixtures, and sliding glass shower doors. The presence of carpeting and wallpaper in bedrooms further indicates an outdated style. The home is functional but shows clear signs of being outdated and would benefit from minor updates to modernize its key areas.
Pros & Cons

Pros

Extensive Resort-Style Amenities: The Desert Princess Country Club offers an unparalleled array of amenities including a 27-hole PGA golf course, 35 pools/spas, fitness center, tennis, pickleball, full-service spa, and restaurant, all within a 24-hour guard-gated community.
Exceptional Multi-Directional Views: The condo boasts stunning views of the golf course, lake, pool, fountain, desert, and western mountains from nearly every room, the patio, and living areas, enhancing its aesthetic appeal.
Strong Investment & Rental Potential: Being turnkey furnished and permitting short-term vacation rentals with a proven rental history makes this an attractive investment property, a flexible desert getaway, or a full-time residence.
Privacy-Oriented Layout: The dual master bedrooms are strategically situated on opposite ends of the home, each with an ensuite bathroom and walk-in closet, providing excellent privacy for residents or guests.
Comprehensive HOA & Low Land Lease: The HOA covers a vast range of services and amenities, including social membership, cable/internet, exterior maintenance, and access to all facilities, complemented by a remarkably low land lease of $160.50/month until 2069.

Cons

Land Lease Structure: Despite being low, the property is subject to a land lease expiring in 2069, meaning the land is not owned outright, which can affect financing options, long-term appreciation, and appeal to certain buyers.
High Monthly HOA Fees: The association fee of $954.00 per month, while comprehensive in its inclusions, represents a substantial ongoing cost that could impact affordability and overall investment returns for some buyers.
Age of Unit (Potential for Updates): Built in 1985, the unit is nearly 40 years old. While well-maintained, the description does not explicitly mention recent interior renovations, suggesting potential for dated finishes that may require future updates to maximize value and appeal.

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