68980 Via Eytel, Cathedral City, CA 92234

$2,895,000

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List Agent Steven Simonetti () 310-621-5155 RE/MAX Nexus; CoList ()

List Price
$2,895,000
Status
ACTIVE
MLS#
SB26082359
Year Built
2022
Lot Size
27,878
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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.