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68900 Tortuga Road, Cathedral City, CA 92234

$390K2bd · 2ba · 960 sqft
Lot 8,712 sqft•Single Family Residence•
Active
•89d on market•MLS# 219150270

Property Description

Incredible value-add opportunity with an inground spa! Located in the Palm Springs Panorama 2 neighborhood of Cathedral City, this single-story detached property sits on a massive 8,712 square foot lot, offering rare outdoor space and expansive mountain view potential. The backyard serves as your own private desert retreat, complete with a built-in inground spa and plenty of room to design an outdoor entertainment oasis. It also has a Lime, Lemon and Fig Trees. Inside, the 960-square-foot floor plan features 2 bedrooms, 2 bathrooms, a central living area, and an attached 1-car garage. Energy efficiency is supported by a leased solar system. Maintained in its original 1985 condition, this home is the perfect blank canvas for an investor, flipper, or savvy buyer looking to customize a property and build instant sweat equity. Enjoy ownership on fee-simple land with no HOA dues or restrictions. Bring your vision and schedule a walkthrough today, properties with this footprint and premium outdoor features at this price point do not last!

Features & Amenities

PanoramaFeeBuilt 1985

Property Details

Subdivision
Panorama
Land Type
Fee
Year Built
1985
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
1
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Flooring
Laminate, Tile
Roof
Shingle
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byThe Agency, Benjamin Melendez Nogueras·562-846-6912

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,972.05
Principal & Interest
Loan Amount
$312,000
Total Interest
$397,939
Total Payment Over 30 Years
$709,939
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Panorama

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

View Panorama Listings

Comparative Market Analysis

Affordable Tier · 5 active · 3 closed

68900 Tortuga Road, Cathedral City, CA 92234

Panorama · Cathedral City · Single Family Residence

$390K
Affordable Tier
Beds
2
Baths
2
Sqft
960
Lot
8,712 sqft
Year
1985
$/Sqft
$406
Pool: No✓
Spa: Yes✓
View: mountain✓
Garage: 1-car✓

Listed 19.6% below the median closed sale of $485,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $390K· $406/sqft
Total list price
Closed comps
vs closed median $485K
−$95K (−19.6%)
Active comps
vs active median $375K
+$15K (+4.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $359
+$47 (+13.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
68698 E StreetCathedral City1940329116,970$471$429,0003170
31621 El Toro RoadCathedral City1959321,1647,405$430$499,9991567
30157 San Diego DriveCathedral City1960321,2489,148$300$375,0007062
31273 San Antonio DriveCathedral City1958319846,970$356$350,00031361
67070 San MateoCathedral City1959321,24812,197$240$299,9957960
Total: 5 · Average3.01.81,1118,538$359.4$390,798.8101.6
Median1,164$375,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
68155 Bella VistaCathedral City198507/06/2026221,0128,276$365,000$365,000$3611.006695
68155 Bella Vista RoadCathedral City198509/18/2026231,0128,276$479,900$485,000$4791.013593
29815 Avenida MaravillaCathedral City198809/04/2026321,2399,148$498,500$505,000$4081.013285
Total: 3 · Average2.32.31,087.6678,566.667$451,666.667$451,666.667$416—44.333333333333336
Median1,012$485,000$485,000

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.