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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$229,000
67433 N Chimayo Drive, Cathedral City, California 92234
1Bed
2Baths
851Sqft
1,307Lot
Year Built
1985
Close
-
List price
$229K
Original List price
$244K
Price/Sqft
$269
HOA
$995
Days on market
-
Sold On
-
MLS number
219136127DA
Home ConditionFair
Features
Good View: Golf Course, Panoramic
Patio
ViewGolf Course,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $229.0K(11th), 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

Price History

Date
Event
Price
12/10/25
Price Change
$229,000-6.1%
10/01/25
Listing
$244,000
Condition Rating
Fair
The property, built in 1985, is well-maintained with consistent tile flooring throughout and updated stainless steel kitchen appliances. However, the kitchen cabinets and countertops, along with the bathroom vanities and fixtures, exhibit an older, dated style. While functional and clean, these areas would benefit from cosmetic updates to meet current design standards, aligning with a 'Fair' condition where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Exceptional Community 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, plus immediate access to a pool and spa.
Desirable Views: The property boasts fabulous Western Mountain, Golf Course, and Panoramic views, enhancing its aesthetic appeal and living experience.
Strong Rental Potential: Explicitly identified as an 'excellent seasonal rental,' suggesting strong income-generating possibilities for investors.
Extended Land Lease & Savings: An extended land lease until 2069 provides long-term tenure security and offers a significant $10,000 savings to the buyer.
Prime Location & Accessibility: Situated in a quiet community, yet conveniently minutes away from Palm Springs attractions including diverse restaurants, shopping, casinos, an international airport, and entertainment venues.

Cons

Land Lease Structure: Despite being extended, the property is subject to a land lease, meaning the buyer does not own the land outright, which can impact financing options and long-term appreciation compared to fee simple ownership.
High Monthly Association Fee: A substantial monthly association fee of $995.0 adds a significant recurring cost to ownership, potentially affecting affordability for some buyers.
Compact Size: With only 1 bedroom and 851 sqft, the condo offers limited living space, which may restrict its appeal to individuals or couples and may not suit those requiring more expansive accommodations.

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