68980 Via Eytel, Cathedral City, CA 92234
- $2,895,000
- List Price
- $2,895,000
- Status
- ACTIVE
- MLS#
- SB26082359
- Year Built
- 2022
- Lot Size
- 27,878
- Acres
- 0.64
- Lot Location
- 2-5 Units/Acre, Back Yard, Cul-De-Sac, Desert Back, Desert Front, Drip Irrigation/Bubblers, Front Yard, Landscaped, Rectangular Lot, Sprinklers Timer, Street Level, Yard
- Days on Market
- 14
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
Five Modern 4 Years New Detached Single Family Homes in Cathedral City - Exceptional Opportunity Zone Investment Rare opportunity to own five detached two-story homes, all built just four years ago, in one of Cathedral City's most desirable residential communities. Located within a Qualified Opportunity Zone, this property may offer significant federal tax advantages, including the potential to eliminate federal capital gains tax on appreciation if ownership and all IRS Qualified Opportunity Zone requirements are satisfied. (Buyers should consult their tax advisor regarding eligibility and tax benefits.) Designed with true pride of ownership, this modern multifamily development offers an exceptional resort-style living experience. Residents enjoy a sparkling community swimming pool, while each home features its own attached two-car garage, front yard, and fenced backyard, all situated along a private cul-de-sac drive for added privacy and appeal. Ideally located just off Date Palm Drive, the property is within walking distance of shopping, restaurants, banking, entertainment and the nearby Agua Caliente casino. Residents also enjoy everything that makes Cathedral City living so desirable, including year-round sunshine, beautiful mountain views, convenient access to Palm Springs and the entire Coachella Valley, championship golf, hiking, festivals, and an outstanding desert lifestyle. This is a rare opportunity to acquire a newer, low-maintenance investment property that combines strong rental appeal, modern construction, and a prime Cathedral City location with potential long-term tax benefits.
Additional Information
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Pool Description
- Community, In Ground
- Heat
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Mountain(s)
- Exterior Construction
- Stucco, Copper Plumbing
- Roof
- Flat
- Garage Spaces Total
- 10
- Sewer
- Sewer Tap Paid
- Water
- Public
- Interior Features
- Block Walls, Ceiling Fan(s), Granite Counters, Unfurnished, All Bedrooms Up
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $181,080
- Operating Expense
- 82231
Listing courtesy of Listing Agent: Steven Simonetti (remaxnexusca@gmail.com) from Listing Office: RE/MAX Nexus.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.