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38700 Paradise Way, Cathedral City, CA 92234

$944K5bd · 3ba · 2,330 sqft
Lot 9,148 sqft•Single Family Residence•
Active
•37d on market•MLS# 219151454

Property Description

Welcome to this beautifully updated property featuring a spacious 3-bedroom, 2-bath main home plus a separate 2-bedroom, 2-bath ADU, offering exceptional flexibility for extended family, guests, rental income, or a private home office. The 1,428-square-foot main residence is bright, inviting, and thoughtfully updated throughout. The open kitchen features stainless steel appliances, granite solid-surface countertops, and ample storage, complemented by a convenient walk-in pantry and separate laundry room. The home also includes an attached garage and comfortable living spaces filled with natural light. Step outside to a gated and fenced property surrounded by mature, high trees, creating a peaceful and private setting. The backyard features low-maintenance artificial turf, providing an ideal space for relaxing or entertaining. A solar system adds energy-conscious efficiency to both residences. The 845-square-foot ADU offers its own independent living space with 2 bedrooms, 2 bathroom, and a dedicated laundry room. The open-concept kitchen features stainless steel appliances, a stylish backsplash, and a distinctive wood-plank ceiling accent that adds warmth and character. The bathroom showcases colorful tile for a fun and contemporary touch. Both residences feature light-toned laminate flooring, creating a cohesive, bright, and modern feel throughout. With two separate living spaces, private outdoor surroundings, solar system, and numerous updates, this property offers a rare combination of comfort, versatility, and functionality.

Features & Amenities

Cathedral City CoveFeeBuilt 1983

Property Details

Subdivision
Cathedral City Cove
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Flooring
Laminate
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byBennion Deville Homes, Jordan C Gugino·714-394-0543

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,771.36
Principal & Interest
Loan Amount
$754,880
Total Interest
$962,808
Total Payment Over 30 Years
$1,717,688
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Cathedral City Cove

This property is located in Cathedral City Cove, a community in Cathedral City. Explore more listings in this neighborhood to compare options and pricing.

View Cathedral City Cove Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

38700 Paradise Way, Cathedral City, CA 92234

Cathedral City Cove · Cathedral City · Single Family Residence

$994K
Residential Tier
Beds
5
Baths
4
Sqft
2,273
Lot
9,148 sqft
Year
1983
$/Sqft
$437
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 19.0% above the median closed sale of $835,000. Expect a longer timeline — comps averaged 125 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $994K· $437/sqft
Total list price
Closed comps
vs closed median $835K
+$159K (+19.0%)
Active comps
vs active median $635K
+$359K (+56.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $310
+$127 (+40.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
68795 Minerva RoadCathedral City1987432,2168,276$257$570,000972
29360 Avenida LaCathedral City1990431,9937,405$314$625,000567
67886 Jane LaneCathedral City1988431,9907,841$339$675,0001367
68740 San Felipe RoadCathedral City1989422,1808,276$291$634,9002667
31795 Avenida Del YermoCathedral City1998431,9947,841$351$700,000366
Total: 5 · Average4.02.82,074.67,927.8$310.4$640,98011.2
Median1,994$634,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
68670 Sharpless RoadCathedral City198505/22/2026432,21110,454$899,000$855,000$3870.957590
39091 Paradise WayCathedral City196207/17/2026541,80610,019$799,000$770,000$4260.9625186
68554 J StreetCathedral City196506/30/2026322,0998,712$749,000$749,000$3571.003080
37810 Melrose DriveCathedral City196305/26/2026322,10612,197$899,000$899,000$4271.004175
68401 Rodeo RoadCathedral City195506/03/2026321,92514,375$859,000$835,000$4340.9722768
Total: 5 · Average3.62.62,029.411,151.4$821,600$821,600$406.2—124.8
Median2,099$835,000$835,000

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.