38895ParadiseWay-79
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38895 Paradise Way, Cathedral City, CA 92234

$949K5bd · 4ba · 3,097 sqft
Lot 14,810 sqft•Single Family Residence•
Active
•14d on market•MLS# 219153323

Property Description

Perched high in the desirable Cathedral City Cove, this unique property offers exceptional privacy, sweeping mountain and Coachella Valley views, and incredible potential. Situated on approximately one-third of an acre, the home features owned solar, a private pool and spa, a detached two-room casita with a full kitchen, and a spacious three-car garage. A large circular driveway and impressive porte-cochère provide plenty of parking and create a grand entrance--perfect for hosting family and friends. The main residence includes four bedrooms, three bathrooms, and a generously sized living area. The open kitchen is designed for entertaining, featuring a large center island and an easy flow into the surrounding living spaces. The expansive primary suite occupies its own wing of the home and includes a spa-inspired bathroom with a large soaking tub, an oversized dual-head shower, dual sinks, and granite countertops. At the center of the property, the pool and spa offer a private setting for relaxing and entertaining. Stairs lead to the elevated rear portion of the property, where the three-car garage and casita overlook the pool area. The casita's private patio captures panoramic views across the Coachella Valley, creating an ideal space for guests, extended family, a home office, or a private retreat. With its elevated setting, flexible layout, generous lot, and impressive amenities, this one-of-a-kind property has all the ingredients to become an entertainer's dream. Bring your vision and discover the incredible possibilities this Cathedral City Cove home has to offer.

Features & Amenities

Cathedral City CoveFeeBuilt 1976

Property Details

Subdivision
Cathedral City Cove
Land Type
Fee
Year Built
1976
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Wall/Window Unit(s)
View
Desert, Mountain(s), Panoramic, Pool
Flooring
Ceramic Tile
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byWindermere Real Estate, Billy Meraz·760-333-1884

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,798.66
Principal & Interest
Loan Amount
$759,200
Total Interest
$968,318
Total Payment Over 30 Years
$1,727,518
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

Luxury Tier · 5 active · 5 closed

38895 Paradise Way, Cathedral City, CA 92234

Cathedral City Cove · Cathedral City · Single Family Residence

$949K
Luxury Tier
Beds
5
Baths
4
Sqft
3,097
Lot
14,810 sqft
Year
1976
$/Sqft
$306
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 3-car✓

Listed 32.7% above the median closed sale of $715,000. Expect a longer timeline — comps averaged 130 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $949K· $306/sqft
Total list price
Closed comps
vs closed median $715K
+$234K (+32.7%)
Active comps
vs active median $769K
+$180K (+23.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $296
+$10 (+3.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
68756 Durango RoadCathedral City1988432,6419,583$278$734,9003160
67105 Mission DriveCathedral City2023753,00021,344$333$999,00022257
32100 Whispering Palms TrailCathedral City2005443,40013,939$226$769,0003353
36238 Artisan WayCathedral City2003543,38811,326$344$1.17M11152
67797 Via SeguroCathedral City2004332,2835,227$297$679,0006950
Total: 5 · Average4.63.82,942.412,283.8$295.6$869,38093.2
Median3,000$769,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
30512 Avenida Del PadreCathedral City200408/31/2026442,6989,583$617,000$620,000$2301.005450
229 Via GenovaCathedral City202610/01/2026542,9298,141$743,101$715,000$2440.966749
36066 Da Vinci DriveCathedral City200307/21/2026452,67912,197$1.29M$1.23M$4590.9510149
227 Via GenovaCathedral City202608/31/2026542,9297,973$727,490$734,666$2511.0112149
67472 Rio Madre DriveCathedral City202009/23/2026643,1056,534$660,000$667,500$2151.0130847
Total: 5 · Average4.84.22,8688,885.6$793,483.2$793,483.2$279.8—130.2
Median2,929$715,000$715,000

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.