Views of the pond and Lagos 9 golf course.
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29086 Desert Princess Drive, Cathedral City, CA 92234

$385K3bd · 2ba · 1,285 sqft
HOA $995/mo•Condominium•
Active
•25d on market•MLS# SB-26198453

Property Description

Experience the best of the Palm Springs lifestyle at Desert Princess, a gated resort community just minutes from downtown Palm Springs. This beautifully updated 3-bedroom, 2-bath condo combines sweeping golf course, lagoon and mountain views with an exceptional location and the flexibility to enjoy as a personal desert retreat, seasonal residence or short-term rental investment. Offered comfortably furnished and ready to enjoy, the home features an inviting open layout, updated interiors, in-unit laundry and tranquil views that immediately set the tone for relaxed desert living. Step outside and take in the expansive golf and water setting, or head to the nearby community pool for an afternoon in the sun. Desert Princess is known for its extensive resort-style amenities, including 27 holes of golf across three 9-hole courses, 35 community pools, 12 pickleball courts, 7 tennis courts, fitness facilities, bocce ball, clubhouse dining and beautifully maintained grounds. With so much available within the community, every stay can feel like a resort vacation. The location is equally impressive. Downtown Palm Springs is just minutes away, with acclaimed restaurants, shopping, casinos and entertainment close at hand. The property also offers convenient access to many of the Coachella Valley's signature events and attractions, including world-class golf and tennis, music festivals and year-round outdoor recreation. Adding to its appeal, short-term rentals are permitted, giving owners the opportunity to enjoy the property themselves while retaining the flexibility to generate rental income when not in residence. Whether you're searching for a turnkey desert getaway, a lock-and-leave seasonal home or an investment property in a sought-after resort community, this Desert Princess condo offers the combination of views, amenities, location and rental flexibility that makes the Palm Springs area such a compelling place to own.

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
Central Air
View
Golf Course, Pond
Flooring
Tile
Roof
Foam
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byBayside, Amanda Jacobellis

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,946.77
Principal & Interest
Loan Amount
$308,000
Total Interest
$392,837
Total Payment Over 30 Years
$700,837
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 · 3 closed

29086 Desert Princess Drive, Cathedral City, CA 92234

Desert Princess · Cathedral City · Condominium · Lease Land

$385K
Affordable Tier
Beds
3
Baths
2
Sqft
1,285
Lot
0 sqft
Year
1986
$/Sqft
$300
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 1-car✓

Listed 51.0% above the median closed sale of $255,000. Price per sqft ($300) is a 21% premium to closed comps ($248). Closed comps sold at 64% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $385K· $300/sqft
Total list price
Closed comps
vs closed median $255K
+$130K (+51.0%)
Active comps
vs active median $286K
+$100K (+34.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $253
+$47 (+18.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
31200 Landau BoulevardCathedral City1987321,200973$238$285,5001075
31200 Landau BoulevardCathedral City1986321,098871$254$279,0002675
32200 Cathedral Canyon DriveCathedral City1985321,1951,266$249$298,0002674
31200 Landau BoulevardCathedral City1987321,2000$254$305,00021072
32505 Candlewood DriveCathedral City1988221,0201,307$270$275,0006267
Total: 5 · Average2.82.01,142.61,104.25$253$288,50066.8
Median1,195$285,500

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
67252 Chimayo DriveCathedral City198509/21/2026221,1771$350,000$325,000$2760.9311690
31200 Landau BoulevardCathedral City198808/03/2026221,1600$259,000$255,000$2200.9814470
67687 Duchess RoadCathedral City200809/25/2026221,4781,496$375,000$360$00.001562
Total: 3 · Average2.02.01,271.667748.5$193,453.333$193,453.333$248—91.66666666666667
Median1,177$255,000$255,000

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.