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68173 Lakeland, Cathedral City, CA 92234

$267K2bd · 2ba · 1,197 sqft
HOA $467/mo•Condominium•
Active
•17d on market•MLS# PW-26209558

Property Description

Resort Living, Investment Potential, or Weekend Sanctuary. Discover this turnkey 2-bed, 2-bath residence in the heart of Cathedral Canyon Country Club. This condo offers an expansive open floor plan, soaring ceilings, and a private covered patio with stunning San Jacinto Mountain views. Why this is a premier opportunity: * Financeable Leasehold: Unlike neighboring units with restrictive leases, this Master Land Lease is extended through 2061 (35 years remaining). It fully qualifies for standard 30-year fixed conventional financing—a rare find for this price point. * Turnkey Value: Features a modernized floor plan, dual primary suites, and in-unit laundry. An ideal, zero-hassle asset for full-time living, seasonal getaways, or warmer winter stays. * Unmatched Resort Amenities: Enjoy an 18-hole golf course, 10 tennis/pickleball courts, multiple sparkling pools/spas, 24/7 guard-gated security, and an on-site clubhouse restaurant. * Carefree Ownership: HOA covers cable TV, high-speed internet, trash/recycling, lush landscaping, roof/building maintenance, and gated security—truly a "lock-and-leave" lifestyle. Perfect Location: Minutes from Palm Springs International Airport and downtown dining. An accessible entry point into Southern California resort living. Buyer to verify all sqft/HOA details.

Features & Amenities

Property Details

Subdivision
Cathedral Canyon Country Club
Land Type
Lease
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Courtyard, Pool
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byStanford Raffles Commercial, Jivesh Sabnani

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,350.10
Principal & Interest
Loan Amount
$213,600
Total Interest
$272,435
Total Payment Over 30 Years
$486,035
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Cathedral Canyon Country Club

This property is located in Cathedral Canyon Country Club, a community in Cathedral City. Explore more listings in this neighborhood to compare options and pricing.

View Cathedral Canyon Country Club Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

68173 Lakeland, Cathedral City, CA 92234

Cathedral Canyon Country Club · Cathedral City · Condominium · Lease Land

$267K
Affordable Tier
Beds
2
Baths
2
Sqft
1,197
Lot
0 sqft
Year
1990
$/Sqft
$223
Pool: Yes✓
View: golf✓

Listed 4.7% above the median closed sale of $255,000. Price per sqft ($223) is a 14% discount to closed comps ($260). Closed comps sold at 77% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 128 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $267K· $223/sqft
Total list price
Closed comps
vs closed median $255K
+$12K (+4.7%)
Active comps
vs active median $286K
−$19K (−6.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $260
−$37 (−14.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
31200 Landau BoulevardCathedral City1987321,200973$238$285,5001075
32505 Candlewood DriveCathedral City1988221,0201,307$270$275,0006274
35200 Cathedral Canyon DriveCathedral City1989121,080961$268$289,000372
35200 Cathedral Canyon DriveCathedral City1989121,080957$276$298,0005372
69130 Gerald Ford DriveCathedral City199022900947$249$224,0003072
Total: 5 · Average1.82.01,0561,029$260.2$274,30031.6
Median1,080$285,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
67252 Chimayo DriveCathedral City198509/21/2026221,1771$350,000$325,000$2760.9311678
31200 Landau BoulevardCathedral City198808/03/2026221,1600$259,000$255,000$2200.9814477
31200 Landau BoulevardCathedral City198609/18/2026229340$259,000$240,000$2570.9312271
31200 Landau BoulevardCathedral City198609/01/202622906906$259,000$259,000$2861.0024170
67687 Duchess RoadCathedral City200809/25/2026221,4781,496$375,000$360$00.001563
Total: 5 · Average2.02.01,131801$215,872$215,872$259.75—127.6
Median1,160$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.