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37512 Bankside Drive, Cathedral City, CA 92234

$685K3bd · 2ba · 1,284 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•101d on market•MLS# PS-26853955

Property Description

The ONE to see in Cathedral City Cove! Furnished and ready to enjoy, this 3 bedroom, 2 bath home delivers the resort-style outdoor living today's buyers are chasing. A gorgeous saltwater pool and spa, mountain views, outdoor barbecue kitchen, bocce court, fire pit, and KoolFog misting system set the stage for unforgettable weekends. An established vacation rental history adds to the appeal. Light-filled living spaces continue the theme inside. The open-concept living and dining areas connect beautifully with the updated kitchen featuring a newer range, microwave, and dishwasher. The ensuite primary bedroom includes a comfortable sitting area, while Guest Bedrooms Two and Three share a bath. A separate laundry room adds everyday convenience. The backyard, designed by the team at Melos Pools, centers around the saltwater pool with a tanning shelf, sitting bench, and six-person spa. The entire pool system is controlled through the Pentair app, along with convenient in-home controls for the pool lights, spa heat, jets, and the KoolFog high-pressure misting system. Fun fact: KoolFog also supplies misting systems for Universal Studios Hollywood. Gather around the sensational fire pit for mountain views and colorful sunsets, enjoy bar seating at the outdoor barbecue kitchen, or challenge family and friends to a game of bocce. Water-wise landscaping, including attractive low-maintenance turf, keeps the setting beautiful with minimal upkeep, while landscape lighting creates a magical evening ambiance. Additional highlights include a freshly painted exterior, plus a two-year-old air conditioner and water heater. All this in a fantastic Cathedral City Cove location, ideally positioned between the best of South Palm Springs and Rancho Mirage.

Features & Amenities

Cathedral City CoveFeeBuilt 1969

Property Details

Subdivision
Cathedral City Cove
Land Type
Fee
Year Built
1969
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Forced Air
Cooling
Central Air
View
Mountain(s), Panoramic
Flooring
Carpet
Roof
Shingle, Tile
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byUnknown Office, Brady Sandahl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,463.73
Principal & Interest
Loan Amount
$548,000
Total Interest
$698,944
Total Payment Over 30 Years
$1,246,944
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

Affordable Tier · 5 active · 5 closed

37512 Bankside Drive, Cathedral City, CA 92234

Cathedral City Cove · Cathedral City · Single Family Residence

$685K
Affordable Tier
Beds
3
Baths
2
Sqft
1,284
Lot
8,276 sqft
Year
1969
$/Sqft
$533
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 31.7% above the median closed sale of $520,000. Price per sqft ($533) is a 14% premium to closed comps ($467). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $685K· $533/sqft
Total list price
Closed comps
vs closed median $520K
+$165K (+31.7%)
Active comps
vs active median $729K
−$44K (−6.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $505
+$28 (+5.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
39080 Bel Air DriveCathedral City1965321,3438,276$543$729,000692
39140 Paradise WayCathedral City1962321,3507,841$463$624,9951087
39162 Karen StreetCathedral City1961321,3507,405$581$785,0003887
68698 E StreetCathedral City1940329116,970$471$429,0003178
37369 Bankside DriveCathedral City1977321,6659,148$465$775,00041775
Total: 5 · Average3.02.01,323.87,928$504.6$668,599100.4
Median1,350$729,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
39120 ParadiseCathedral City196108/26/2026321,35011,761$764,900$764,900$5671.00088
68832 E StreetCathedral City195906/16/2026221,2089,583$400,000$447,000$3701.123388
68253 GrandviewCathedral City195809/01/2026221,2976,970$550,000$520,000$4010.9410687
39370 Marietta CircleCathedral City196710/07/2026221,1007,405$499,000$499,000$4541.002886
39401 Bel Air DriveCathedral City196708/05/2026221,1008,276$605,000$595,000$5410.987286
Total: 5 · Average2.22.01,2118,799$565,180$565,180$466.6—47.8
Median1,208$520,000$520,000

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.