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67433 N Chimayo Drive, Cathedral City, California 92234, Cathedral City, 92234 - 1 bed, 2 bath

67433 N Chimayo Drive, Cathedral City, California 92234 home-pic-0
ACTIVE$244,000
67433 N Chimayo Drive, Cathedral City, California 92234
1Bed
2Baths
851Sqft
1,307Lot
Year Built
1985
Close
-
List price
$244K
Original List price
$244K
Price/Sqft
$287
HOA
$954
Days on market
-
Sold On
-
MLS number
219130318DA
Home ConditionFair
Features
Excellent View: Golf Course, Panoramic
Patio
ViewGolf Course,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $244.0K(16th), sqft - 851(11th), beds - 1(16th), baths - 2(50th).

Western Mountain View you can enjoy living in this fabulous 1 bedroom, 2 full bath condo. Located at The Desert Princess Country Club! With a fabulous Western Mountain view, Close to the pool.. Updated appliances, all tile flooring! Just steps away, you can splash into the pool or unwind in the spa! Location is Fabulous and the neighbors are even better!. Extended Land Lease to 2069, a $10,000 savings to buyer! Stackable washer/dryer and single car detached garage... Would make an excellent seasonal rental... Monthly ground rent is low . The 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 Museums, Theaters, Acrisure Arena and the Street Fair! Easy to show

Nearby schools

6/10
Rio Vista Elementary School
Public,•K-5•0.6mi
5/10
Landau Elementary School
Public,•K-5•1.2mi
4/10
Agua Caliente Elementary School
Public,•K-5•1.5mi
5/10
James Workman Middle School
Public,•6-8•2.7mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi
6/10
Cathedral City High School
Public,•9-12•3.5mi
Condition Rating
Fair
The property, built in 1985, is well-maintained and move-in ready with consistent tile flooring throughout and some updated kitchen appliances (refrigerator, microwave, dishwasher). However, the kitchen cabinets, countertops, and the electric range appear dated, and the kitchen lighting is older. While functional, the overall style and some components show their age, indicating occasional updates rather than a comprehensive recent renovation. This aligns with the 'Fair' category, where the home is aged but maintained, and major components are functional but show signs of being outdated.
Pros & Cons

Pros

Golf Course & Country Club Amenities: Located within The Desert Princess Country Club, offering an affordable 27-hole PGA Championship golf course with no tee-time lotteries or initiation fees, rated among the best in the valley.
Prime Location & Accessibility: Situated in a quiet community, yet minutes away from Palm Springs' attractions including restaurants, shopping, casinos, an international airport, and entertainment venues.
Extended Land Lease & Low Ground Rent: Features an extended land lease until 2069, representing a significant savings for the buyer, coupled with low monthly ground rent, enhancing affordability.
Excellent Rental Potential: The property is explicitly noted as an 'excellent seasonal rental,' appealing to investors seeking income-generating opportunities.
Direct Access to Community Amenities: Conveniently located just steps away from the community pool and spa, offering immediate access to leisure and relaxation.

Cons

Land Lease Property: Despite the extended term, the property is on a land lease, which can be a deterrent for some buyers who prefer fee simple ownership and may impact financing options.
Compact Living Space: With 1 bedroom and 851 sqft, the unit offers limited living area, potentially restricting its appeal to individuals or couples rather than families.
Age of Building: Built in 1985, the property is nearly 40 years old. While interior updates are mentioned, potential buyers may have concerns about the age of the building's core infrastructure and systems.

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