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67640 Lagos Way, Cathedral City, CA 92234

$205K1bd · 2ba · 851 sqft
Lot 1,307 sqft•HOA $1074/mo•Condominium•
Active
•96d on market•MLS# 219150037

Property Description

Stunning lakefront/golf course views from all rooms and shaded patio make this unit one of the best values in Desert Princess. Updated interior design maintained in meticulous condition. Turnkey ready to occupy or bring in rental income. This unit has a strong rental history as either a seasonal or full-time rental. On-site management is available. Recent updates/improvements include new HVAC, new windows, updated appliances, front landscaping, rear desert scape and more. Desert Princess Palm Springs Resort is a full-service, gated community with 1200 homes, 35 pools and spas, 27 holes of PGA Championship golf, full clubhouse with bar, dining, pro shop and locker rooms. PGA professional golf instruction, full-service tennis and fitness center, full-service spa, pickle ball, walking trails and more. The Double Tree by Hilton resort is also on site. Just 10 minutes from Downtown Palm Springs and 20 minutes to Palm Desert El Paseo shopping. Stater Brothers grocery, Fed Ex Office, Post Office, Wal-Mart, Target, Trader Joe's and all major services are within 5-10 minutes. One of the most highly sought-after resort locations in the Coachella Valley Reduced off-season rates are available on many of our properties.

Features & Amenities

Desert PrincessLeaseBuilt 1986

Property Details

Subdivision
Desert Princess
Land Type
Lease
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Air Conditioning, Central Air
View
Golf Course, Lake
Flooring
Tile
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byDesert Princess Palm Springs Real Estate/SmithREGroup, Randall Smith·888-281-5048

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,036.59
Principal & Interest
Loan Amount
$164,000
Total Interest
$209,173
Total Payment Over 30 Years
$373,173
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 · 5 active · 5 closed

67640 Lagos Way, Cathedral City, CA 92234

Desert Princess · Cathedral City · Condominium · Lease Land

$205K
Affordable Tier
Beds
1
Baths
2
Sqft
851
Lot
1,306 sqft
Year
1986
$/Sqft
$241
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 1-car✓

Listed 14.6% below the median closed sale of $240,000. Price per sqft ($241) is a 11% 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 $205K· $241/sqft
Total list price
Closed comps
vs closed median $240K
−$35K (−14.6%)
Active comps
vs active median $265K
−$60K (−22.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $282
−$41 (−14.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
32505 Candlewood DriveCathedral City1985228480$259$219,5002673
69130 Gerald Ford DriveCathedral City199022900947$249$224,0002971
31200 Landau BoulevardCathedral City198622934871$284$265,0007270
32505 Candlewood DriveCathedral City1985117720$348$269,0005669
35200 Cathedral Canyon DriveCathedral City1989121,080961$268$289,000269
Total: 5 · Average1.61.8906.8926.333$281.6$253,30037
Median900$265,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
31200 Landau BoulevardCathedral City198610/07/202622802802$249,000$219,000$2730.888171
31200 Landau BoulevardCathedral City198609/01/202622906906$259,000$259,000$2861.0024171
31200 Landau BoulevardCathedral City198609/18/2026229340$259,000$240,000$2570.9312271
31200 Landau BoulevardCathedral City198607/02/202622802871$219,000$205,000$2560.947970
31200 Landau BoulevardCathedral City198607/08/202622934934$267,000$258,000$2760.975170
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.