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67263 S Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - bed, bath

67263 S Chimayo Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$795,000
67263 S Chimayo Drive, Cathedral City, California 92234
0Bed
0Bath
1,951Sqft
6,098Lot
Year Built
2019
Close
-
List price
$795K
Original List price
$850K
Price/Sqft
$407
HOA
$954
Days on market
-
Sold On
-
MLS number
PW25184373
Home ConditionExcellent
Features
Excellent View: Desert, Park/Greenbelt, Mountain(s), Panoramic, Pool, Rocks
Pool
Spa
Patio
ViewDesert, Park/Greenbelt, Mountain(s), Panoramic, Pool, Rocks

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $795.0K(93th), sqft - 1951(62th), beds - undefined(0th), baths - undefined(0th).

A Lucrative Investment Opportunity!! On a rare premium view lot! Come see this modern, desert-chic, 3 Bedroom | 2 1/2 Bathroom, Cathedral City retreat that screams sophistication and opportunity! Spacious, light-filled interiors with sleek finishes invite relaxation, while three inviting bedrooms and two spa-inspired bathrooms, offer comfort and style. Outside, a private oasis with mountain views beckons…. perfect for starlit evenings by the private salt-water pool and spa. Resort-style amenities are available to all Airbnb and VRBO guests: 34 sparkling community pools & spas, 27-hole PGA championship golf, tennis & pickleball courts, a renovated fitness center, spa & wellness center, and a vibrant clubhouse-elevate the lifestyle. With a Tesla charger and eco-friendly touches, it's turnkey for eco-conscious buyers. An investor's dream, this property shines as a high-demand Airbnb or VRBO, promising lucrative returns in the heart of Desert Princess Country Club's active, upscale community. Plus, your guests are just blocks away from the buzzing scene in Palm Springs. Prime, profitable, and picture-perfect-ready for its next savvy owner! Booking rate of 80% up until 4/2025. Please see attached Supplement. #PalmSprings #DesertPrincess #DesertPrincessCountryClub #AirbnbPalmSprings #VRBOPalmSprings

Price History

Date
Event
Price
11/24/25
Price Change
$795,000-3.6%
10/24/25
Price Change
$825,000-2.9%
08/15/25
Listing
$850,000
Condition Rating
Excellent
Built in 2019, this property is virtually new. The images showcase a modern, desert-chic aesthetic with sleek finishes throughout. The kitchen features dark, contemporary cabinetry, granite countertops, subway tile backsplash, and modern stainless steel appliances, including a unique Samsung Bespoke refrigerator. Bathrooms are spa-inspired with modern vanities, fixtures, large walk-in showers, and a freestanding tub. Flooring consists of stylish herringbone wood-look tile and large format tile, all in pristine condition. Light fixtures are modern, and the overall condition reflects a property with no deferred maintenance and high-quality, current standards.
Pros & Cons

Pros

Lucrative Investment Opportunity: Explicitly marketed as an 'investor's dream' with a high-demand Airbnb/VRBO potential, boasting an impressive 80% booking rate until April 2025, indicating strong income generation.
Modern Design & New Construction: Built in 2019, the property features a 'modern, desert-chic' aesthetic with 'sleek finishes' and 'spa-inspired bathrooms,' appealing to contemporary tastes and requiring minimal immediate updates.
Premium View Lot & Private Outdoor Oasis: Situated on a 'rare premium view lot' offering 'mountain views' and a 'private salt-water pool and spa,' creating an exclusive and desirable outdoor living experience.
Extensive Resort-Style Amenities: Access to 34 community pools & spas, a 27-hole PGA championship golf course, tennis & pickleball courts, a renovated fitness center, spa & wellness center, and a vibrant clubhouse, significantly enhancing lifestyle and rental appeal.
Eco-Friendly Features & Prime Location: Includes a Tesla charger and 'eco-friendly touches,' appealing to environmentally conscious buyers, and is conveniently located 'just blocks away from the buzzing scene in Palm Springs.'

Cons

High Association Fees: The property carries a significant association fee of $954.0, which could impact overall profitability for investors or increase the cost of ownership for residents.
Multiple Price Reductions: The listing has undergone several price reductions, from an original list price of $850,000 down to $795,000, which may suggest initial overpricing or a slower market response.
Reliance on Short-Term Rental Market: While a strength, the property's primary value proposition is heavily tied to its performance as a short-term rental, which can be susceptible to market fluctuations, regulatory changes, and increased competition in a popular tourist destination.

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