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67162 W Chimayo Drive, Cathedral City, CA 92234

$249K2bd · 2ba · 1,212 sqft
Lot 1,732 sqft•HOA $1074/mo•Condominium•
Active
•73d on market•MLS# 219150864

Property Description

REDUCED! Experience desert living in this turnkey furnished condo with dual master bedrooms for ultimate privacy. Nestled within the gates of the stunning Desert Princess Country Club, you're just minutes from vibrant Downtown Palm Springs. Enjoy views from every room, including your spacious ensuite bedrooms with dual sinks and walk-in closets. Relax on your patio with serene lake, golf course, and desert views, or take a dip in the adjacent heated pool and spa, which feels like your own private resort. This home also features an in-unit washer and dryer, and a detached private garage. With short-term vacation rentals permitted and a strong rental history, this condo is not just a home--it's an investment. Don't miss the chance to own a piece of paradise! Offered furnished per seller's inventory. Land Lease extended to 2069, Monthly Ground rent is $186.94. HOA DUES INCLUDE: 2 DVR or HD Cable boxes and service, High Speed Internet, grounds maintained to your door by HOA ground maintenance crew, outside pest control when requested, outside water, (you pay only for inside water). Gated community with 24 hour guard gate access, membership to Health and Fitness Center, Tennis, Bocce Ball, Pickleball. Discounts and preferred tee-times for owners at the Desert Princess 27-hole PGA Championship golf course, 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 Museum, Theaters, and the Street Fair.

Features & Amenities

Desert PrincessLeaseBuilt 1985

Property Details

Subdivision
Desert Princess
Land Type
Lease
Year Built
1985
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Heat Pump, Electric
Cooling
Central Air
View
Golf Course, Pool
Flooring
Carpet, Ceramic Tile
Roof
Foam
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byHolly's Homes Desert Princess, Inc., Holly Tait Markas·760-885-2800

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,259.08
Principal & Interest
Loan Amount
$199,200
Total Interest
$254,069
Total Payment Over 30 Years
$453,269
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Desert Princess

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

View Desert Princess Listings

Comparative Market Analysis

Affordable Tier · 0 active · 5 closed

67162 W Chimayo Drive, Cathedral City, CA 92234

Desert Princess · Cathedral City · Condominium · Lease Land

$249K
Affordable Tier
Beds
2
Baths
2
Sqft
1,212
Lot
1,742 sqft
Year
1985
$/Sqft
$205
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 1-car✓

Listed 3.8% above the median closed sale of $240,000. Price per sqft ($205) is a 25% discount to closed comps ($273). Closed comps sold at 75% of list — buyers have negotiating leverage.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $249K· $205/sqft
Total list price
Closed comps
vs closed median $240K
+$9K (+3.8%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
67252 Chimayo DriveCathedral City198509/21/2026221,1771$350,000$325,000$2760.9311688
31200 Landau BoulevardCathedral City198609/18/2026229340$259,000$240,000$2570.9312269
31200 Landau BoulevardCathedral City198609/01/202622906906$259,000$259,000$2861.0024167
31200 Landau BoulevardCathedral City198610/07/202622802802$249,000$219,000$2730.888165
67687 Duchess RoadCathedral City200809/25/2026221,4781,496$375,000$360$00.001564
Total: 5 · Average2.02.01,059.4801.25$208,672$208,672$273—115
Median934$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.