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38700 Paradise Way, Cathedral City, CA 92234

$900K5bd · 3ba · 2,330 sqft
Lot 9,148 sqft•Single Family Residence•
Active
•59d 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
$4,550.88
Principal & Interest
Loan Amount
$719,999
Total Interest
$918,319
Total Payment Over 30 Years
$1,638,318
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

$944K
Residential Tier
Beds
5
Baths
4
Sqft
2,330
Lot
9,148 sqft
Year
1983
$/Sqft
$405
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 5.0% above the median closed sale of $899,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $944K· $405/sqft
Total list price
Closed comps
vs closed median $899K
+$45K (+5.0%)
Active comps
vs active median $920K
+$24K (+2.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $354
+$51 (+14.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
38633 Charlesworth DriveCathedral City1989432,2939,147$392$899,000293
38895 Paradise WayCathedral City1976543,09714,810$306$949,0003584
36 Calle MeridaRancho Mirage1980342,4917,979$351$875,0002458
48 Calle ListaRancho Mirage1980442,5846,457$360$930,0007258
47 Mission Palms DriveRancho Mirage1991342,53710,019$363$920,0002457
Total: 5 · Average3.83.82,600.49,682.4$354.4$914,60031.4
Median2,537$920,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
68670 Sharpless RoadCathedral City198505/22/2026432,21110,454$899,000$855,000$3870.957686
38855 Paradise WayCathedral City196501/14/2026431,7779,583$865,000$840,000$4730.979680
68159 Mountain View RoadCathedral City195802/06/2026422,0088,712$949,000$900,000$4480.955779
67931 Valley Vista DriveCathedral City197002/03/2026322,47913,939$995,000$965,000$3890.9710976
37810 Melrose DriveCathedral City196305/26/2026322,10612,197$899,000$899,000$4271.004275
Total: 5 · Average3.62.42,116.210,977$891,800$891,800$424.8—76
Median2,106$899,000$899,000

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.