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28984 Desert Princess Drive, Cathedral City, CA 92234

$169K1bd · 2ba · 851 sqft
Lot 1,307 sqft•HOA $995/mo•Condominium•
Active
•146d on market•MLS# IV-26103111

Property Description

***PRICE REDUCED***This beautiful condo is steps from the pool and overlooks the sprawling lush fairways of the prestigious Desert Princess community. You will love the surrounding peaceful views from this 1 bedroom, 2 bath prime corner lot. The Desert Princess Country Club is a 27-hole PGA Championship golf course boasting majestic views of serene nearby mountain ranges. The resort like HOA amenities are top notch and makes for pampered living, whether this is your vacation home or full time residence. The Desert Princess showcases a lap pool with 35 additional community pools and spas, 7 Plexi Pave US Open tennis courts, fitness facility, pickle ball, a full-service spa, a Social Membership to the country club with 20% off food, (no monthly minimums) and the list goes on. This unit also yields an excellent rental history! 10 minutes from the Palm Springs International Airport, minutes to Downtown Palm Springs, exquisite shopping, vintage boutiques, and renowned restaurants are just a handful of the attractions that are conveniently located nearby. Fully furnished...close escrow in time for the peak fall, winter, and spring seasons...

Features & Amenities

LeaseBuilt 1986

Property Details

Land Type
Lease
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Golf Course, Mountain(s), Panoramic, Pool
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byUnknown Office, JAMES MONKS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$854.56
Principal & Interest
Loan Amount
$135,200
Total Interest
$172,440
Total Payment Over 30 Years
$307,640
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

28984 Desert Princess Drive, Cathedral City, CA 92234

Cathedral City · Condominium · Lease Land

$169K
Affordable Tier
Beds
1
Baths
2
Sqft
851
Lot
1,307 sqft
Year
1986
$/Sqft
$199
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 1-car✓

Listed 29.6% below the median closed sale of $240,000. Price per sqft ($199) is a 26% discount to closed comps ($270). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $169K· $199/sqft
Total list price
Closed comps
vs closed median $240K
−$71K (−29.6%)
Active comps
vs active median $265K
−$96K (−36.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $299
−$100 (−33.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
32505 Candlewood DriveCathedral City1985228480$259$219,5002685
69130 Gerald Ford DriveCathedral City199022900947$249$224,0002982
32505 Candlewood DriveCathedral City1985117720$348$269,0005681
31200 Landau BoulevardCathedral City198622934871$284$265,0007280
31200 Landau BoulevardCathedral City1986228020$355$285,00020980
Total: 5 · Average1.81.8851.2909$299$252,50078.4
Median848$265,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
31200 Landau BoulevardCathedral City198609/18/2026229340$259,000$240,000$2570.9312283
31200 Landau BoulevardCathedral City198610/07/202622802802$249,000$219,000$2730.888182
31200 Landau BoulevardCathedral City198609/01/202622906906$259,000$259,000$2861.0024182
31200 Landau BoulevardCathedral City198607/02/202622802871$219,000$205,000$2560.947981
31200 Landau BoulevardCathedral City198607/08/202622934934$267,000$258,000$2760.975180
Total: 5 · Average2.02.0875.6878.25$236,200$236,200$269.6—114.8
Median906$240,000$240,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.