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68261 Riviera Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 3 bath

68261 Riviera Road, Cathedral City, California 92234 home-pic-0
ACTIVE$539,000
68261 Riviera Road, Cathedral City, California 92234
3Beds
3Baths
1,740Sqft
8,276Lot
Year Built
2001
Close
-
List price
$539K
Original List price
$540K
Price/Sqft
$310
HOA
$49.2
Days on market
-
Sold On
-
MLS number
PW25023859
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $539.0K(47th), sqft - 1740(47th), beds - 3(50th), baths - 3(56th).

GREAT OPPORTUNITY FOR INVESTORS OR FIRST TIME HOME BUYERS TO OWN THIS SPACIOUS 3 BEDROOM, 2.5 BATH HOME LOCATED IN ONE OF CATHEDRAL CITY'S MOST DESIRABLE NEIGHBORHOODS – LA PASADA, THIS HOME FEATURES AN OPEN FLOOR PLAN WITH VAULTED CEILINGS, A ROOMY KITCHEN WITH PLENTY OF STORAGE, COMPLETE WITH TILE COUNTERS, TILE CENTER ISLAND THAT CONNECTS TO THE DINING ROOM. REAL OPEN AND NICE. GREAT SEPARATION OF BEDROOMS, MASTER AND 2 OTHER BEDROOMS, TRIPLE GARAGE FOR EXTRA VEHICLES OR STORAGE SPACE. THE LOCATION IS SPECTACULAR, WITH DOWNTOWN PALM SPRINGS, PALM SPRINGS AIRPORT, AND DOWNTOWN CATHEDRAL CITY VERY CLOSE BY. PERFECT FOR A STARTER FAMILY OR RENTAL WITH LOW MAINTENANCE. SELLERS ARE VERY MOTIVATED!!!

Nearby schools

6/10
Rio Vista Elementary School
Public,•K-5•0.6mi
5/10
James Workman Middle School
Public,•6-8•2.0mi
6/10
Cathedral City High School
Public,•9-12•3.3mi
4/10
Desert Learning Academy
Public,•K-12•3.6mi
Condition Rating
Fair
The property, built in 2001, is well-maintained with recent cosmetic updates such as fresh paint and modern-looking LVP flooring in the main living areas. However, the kitchen features outdated tile countertops and a tile island, and the bathrooms also show signs of being dated with tile counters and older light fixtures. While functional and move-in ready, these areas would likely require updates for a buyer seeking a contemporary aesthetic, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location: Situated in La Pasada, one of Cathedral City's most desirable neighborhoods, offering excellent proximity to Downtown Palm Springs, Palm Springs Airport, and Downtown Cathedral City.
Versatile Appeal & Investment Potential: An ideal opportunity for both first-time home buyers and investors, suitable as a starter family home or a low-maintenance rental property.
Spacious & Functional Interior: Features a spacious 3-bedroom, 3-bathroom layout with an open floor plan, vaulted ceilings, a roomy kitchen with ample storage, and good separation of bedrooms for privacy.
Triple Garage: Includes a valuable triple garage, providing significant space for multiple vehicles or extensive storage, a highly sought-after amenity.
Mountain Views & Low HOA: Boasts desirable mountain views and benefits from a very low monthly association fee of $49.20, enhancing its overall value and appeal.

Cons

Dated Kitchen Finishes: The kitchen features tile counters and a tile center island, which may be considered dated by some buyers and could necessitate future upgrades to align with modern aesthetic preferences.
Lack of Highlighted Outdoor Amenities: Despite a generous lot size, the property description does not specify developed outdoor living features such as a pool, spa, or extensive landscaping, which are often highly desired in this climate.
Potential for System Updates: Built in 2001, the property's major systems (e.g., HVAC, roof) may be original and nearing the end of their typical lifespan, potentially requiring future investment for replacement or upgrades.

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