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Backup Offers

38851 Paradise Way, Cathedral City, CA, 92234

$530,000

Home List Price

$6,294*

Closing Credit

1 Bedroom
1 Full Bath
758 SqFt
$699/SqFt
House

Location

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38851 Paradise Way, Cathedral City$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Guest, On Street
Year Built1955
HeatingCentral
CoolingWall/Window Unit(s)
ViewCity Lights, Mountain(s), Panoramic
MLS #219120712DA
Lot Size0.44 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 38851 Paradise Way

This is a rare opportunity to own this nearly 1/2 ACRE property with a vintage mid-century artist's bungalow high in the Cathedral City Cove. Step outside to the expansive, fully fenced property and experience a tranquil oasis with desert landscaping, lush hedges, and breathtaking valley views, city light views, & panoramic mountain views. The covered patio offers a perfect retreat for relaxing evenings, with ample space. Imagine a resort-like pool, a raised bed herb garden, or a serene Zen garden - this is the perfect canvas for your personal touches. The quiet, walkable neighborhood is ideal for strolls and dog walking. Inside, you'll find classic midcentury lines and a layout brimming with potential. This artist's retreat oozes charm, serenity, and character throughout, featuring natural wood beams, tongue & groove wood ceilings, a classic kitchen, a cozy space with great flow & views from every room. It's the perfect home to enjoy your morning coffee while watching the sunrise & admiring the natural beauty of the desert-landscaped grounds. This is truly a property to be admired and to create your personal PARADISE & don't forget it is located on PARADISE Way. (This is one of the original homes built in the upper Cove and is situated on one of the premium estate-like lots). The Cove is a highly desirable area surrounded by the Santa Rosa Mountains and is adjacent to Palm Springs and Rancho Mirage. All information deemed accurate, Buyer to verify. Welcome to the Cove!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 1
  • Living Area: 758 SqFt

Listing Office:

  • Office Name: Windermere Real Estate
  • Office Phone: (760) 660-6444
  • Listing Agent: Kara Robinson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood
  • Flooring Type: Tile
  • Interior: Beamed Ceilings, Separate/Formal Dining Room, All Bedrooms Down

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s), Panoramic

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Driveway, Guest, On Street

Lot Features

Lot Information:

  • Lot: Front Yard, Paved, Sprinklers
  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From Cathedral Canyon, Right on Terrace, Left on Paradise and home is up on the right. Cross Street: Grandview/Valley Vista.

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $699/SqFt

Tax Information:

  • Annual Amount: $3,439
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cathedral City, CA.

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Cathedral City, CA

City

Med. Sold Price

$504.9K

Med. Price/SqFt

$298

Avg. Days On Market

63

# of Sold Homes

27

38851 Paradise Way vs Cathedral City

17 DAYS ON ROCKET

-46 Days

$530,000

+$25K More

$699/SqFt

+$401 More

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $401/SqFt more than other homes in Cathedral City, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219120712DA

Listing Office:

  • Office Name: Windermere Real Estate
  • Office Phone: (760) 660-6444
  • Listing Agent: Kara Robinson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 31, 2011Home Sold
$125,500
Jul 07, 2009Home Sold
$152,000
Nov 28, 2006Home Sold
$310,000
Oct 08, 2004Home Sold
$270,000
Jan 22, 2004Home Sold
$231,000
Dec 18, 1998Home Sold
$73,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,439$148,530
2020$3,438$147,008
2018$3,329$141,302
2017$3,224$138,532

History based on county public records data.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4338858
5
/10

  • Cathedral City Elementary School

  • 69300 Converse Rd

  • 2.16 miles

  • Public District Grades KG-5

school-card-donut-4338859
7
/10

  • Rancho Mirage Elementary School

  • 42-985 Indian Trail Rd

  • 3.57 miles

  • Public District Grades KG-5

school-card-donut-4338860
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 4.13 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,833. Most Cathedral City, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38851 Paradise Way

What is the listing price of this property?

The listing price of 38851 Paradise Way property is $530,000.

What type of property is this?

The property 38851 Paradise Way is a house located in Cathedral City, California, 92234.

Is this property for sale now?

Accepting Backup Offers: 38851 Paradise Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,439 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 31, 2011 for $125,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 38851 Paradise Way has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 38851 Paradise Way is 758 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 38851 Paradise Way is 1955.

Rocket Homes›California›Riverside County›Cathedral City›92234›38851 Paradise Way

This home is located at 38851 Paradise Way in Cathedral City, CA and zip code 92234 in the Cove neighborhood. This 758 square foot home, which was built in 1955, sits on a 0.44 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $530,000.

Cathedral City, CA housing market in November 2024 saw over 5 listings sold above listed price, more than 8 sold at listed price and over 14 sold below. The number of homes for sale in Cathedral City, CA increased by 10.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $504,999, while the average time on the real estate market was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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