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67356 S Chimayo Drive, Cathedral City, CA 92234

$289K2bd · 2ba · 1,212 sqft
Lot 1,307 sqft•HOA $1074/mo•Condominium•
Active
•215d on market•MLS# 219130913

Property Description

REDUCED AND READY TO SELL! LAND LEASE EXTENDED! Welcome to your updated home in the heart of Desert Princess, located on the Logos 5 green! This updated 2-ensuite condo is designed for those who crave the desert lifestyle. Imagine sipping your morning coffee while soaking in the breathtaking views from both the front and back patios. With all-tile flooring, a remodeled kitchen, and a built-in wine fridge, you'll feel right at home whipping up gourmet meals in style. The striking remodeled bathrooms and nice furnishings add the perfect touch of comfort to your living space. HVAC is 3 years old and is a 3.5 ton. Hot water tank is 8 months old. Plus, located just across from the Arroyo's homes, you'll have easy access to the sparkling pool and scenic walking path, making it perfect for an active, serene lifestyle. And let's not forget the convenience of a single-car detached garage! Don't miss out on this incredible opportunity to live in a community that embraces comfort and everything Palm Springs!! The home has a 3-month Jan-Mar renter. Ask for details! Land lease extended through 2069; monthly ground rent is $186.54. The Desert Princess has an affordable 27-hole PGA Championship golf course with no Tee-time lotteries and no initiation fees, rated among the best in the valley by GOLF DIGEST. Bocce Ball, tennis, and pickleball- we have it all! This quiet community is away from the noise yet minutes from everything that is in Palm Springs.

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
Forced Air, Electric
Cooling
Central Air
View
Golf Course, Mountain(s), Peek-A-Boo
Flooring
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
$1,461.34
Principal & Interest
Loan Amount
$231,200
Total Interest
$294,883
Total Payment Over 30 Years
$526,083
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

67356 S Chimayo Drive, Cathedral City, CA 92234

Desert Princess · Cathedral City · Condominium · Lease Land

$289K
Affordable Tier
Beds
2
Baths
2
Sqft
1,212
Lot
1,307 sqft
Year
1985
$/Sqft
$238
Pool: Yes✓
Spa: No✓
View: golf✓
Garage: 1-car✓

Listed 5.1% above the median closed sale of $275,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 196 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $289K· $238/sqft
Total list price
Closed comps
vs closed median $275K
+$14K (+5.1%)
Active comps
vs active median $295K
−$6K (−2.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $241
−$3 (−1.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
67387 Toltec CourtCathedral City1985221,2121,742$236$286,5006095
67256 Cumbres CourtCathedral City1985221,1771,742$229$269,500494
67368 Toltec CourtCathedral City1985221,2121,703$243$295,0002693
67431 Toltec CourtCathedral City1985221,2121,742$247$299,9005293
67591 PortalesCathedral City1985221,2120$248$300,000192
Total: 5 · Average2.02.01,2051,732.25$240.6$290,18028.6
Median1,212$295,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28570 Natoma DriveCathedral City198510/26/2026221,1770$265,000$249,000$2120.949394
67527 Portales DriveCathedral City198506/30/2026221,2121,307$269,000$269,000$2221.0034793
28667 Taos CourtCathedral City198606/29/2026221,2121,742$335,000$296,500$2450.8921791
28979 Desert Princess DriveCathedral City198607/31/2026221,1771,090$295,000$275,000$2340.939390
29020 Isleta CourtCathedral City198807/20/2026221,1771,307$299,000$275,000$2340.9222890
Total: 5 · Average2.02.01,1911,361.5$272,900$272,900$229.4—195.6
Median1,177$275,000$275,000

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.