Welcome to this stunning, expansive property on a HUGE almost half-acre lot (Great opportunity to split the lot and build a new home and ADU with amazing views of the mountains!)in the Dream Homes neighborhood of Cathedral City! This beautifully remodeled 3-bedroom, 2-bathroom home boasts modern upgrades throughout, including walk-in showers, sinks, kitchen appliances, and an updated A/C and heating system. The desert exterior landscaping enhances the home's curb appeal and complements the scenic surroundings. Step inside to discover beautiful laminate flooring and an open concept living room and kitchen, featuring granite countertops and stainless steel appliances. The space is filled with natural sunlight, accentuated by sliding doors that lead to the backyard. Retreat to the primary bedroom, featuring an upgraded ensuite bathroom and a spacious walk-in closet. Every bedroom is equipped with mounted ceiling fans, providing added comfort during warmer months. Outside, the backyard oasis offers endless possibilities with a covered patio, complete with rolling sunshades—perfect for alfresco dining or relaxing in the shade. Additional features include a home generator for power outages, ample storage sheds for gardening tools, and a closed-off electric gate that ensures perfect privacy. The generous lot provides versatile options: create RV/car parking, establish basketball or tennis courts, or design your dream resort-style backyard. You even have the opportunity to build an oversized ADU on the other side of the lot. For savvy investors, California's SB9 law allows for the lot to be split in two, enabling the construction of an additional home and ADU on the new lot—maximizing the potential for four cash-flowing structures. This property is ideally located just minutes from major retail stores and dining options, including Home Depot, Walmart, Marshalls, Panera Bread, and Raising Cane's. Downtown Palm Springs, renowned for its museums, live events, and high-end restaurants, is only a five-minute drive away. Exciting developments in Cathedral City include the new Esperanza Park which sits on 7.5 acres in the Dream Homes community with facilities for kids and adults. There's playground equipment, a fitness area, soccer fields, additional grass space, a dog park and more. With NO HOA and NO land lease, this competitively priced property offers immense potential for both homeowners and investors alike. Don’t miss the chance to own a slice of paradise in a vibrant and growing community! Investors and anyone with a capital gain? This property is in an Opportunity Zone! Talk to your CPA if you are unaware of the benefits. Great opportunity to split the lot and build a new home and ADU with amazing views of the mountains!
Days on market: 3
Listing updated: July 24, 2025 - 08:06:07
Listed by: Ryan Dick DRE #01951618 858-345-4514, Compass - Pacific Southwest
Source: Pacific Southwest, MLS#: 87869 Originating MLS: CRMLS
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