67039 San Jose Dr, Cathedral City, CA 92234

BACK ON THE MARKET DUE TO PREVIOUS BUYER NOT SECURING THEIR LOAN!! Welcome to this stunning, HUGE half acre lot property in Cathedral City! This 3 bedroom, 2 bathroom freshly remodeled home has completely new walk-in showers and sinks, kitchen appliances, A/C and heating system, and desert exterior landscaping. You'll fall in love with this family home when you see the beautiful laminate flooring, open concept living room and kitchen, granite countertops, stainless steel appliances, sliding doors, and the natural sunlight the home brings in. Retreat to the primary bedroom, complete with an upgraded ensuite bathroom and a generously sized walk-in closet. Each bedroom is equipped with mounted ceiling fans for added comfort during warmer months. Outside, the possibilities are endless with a backyard oasis featuring a covered patio with rolling sunshades, perfect for alfresco dining or relaxing in the shade. The backyard was redesigned with a gravel stone with a walkway, new trees and foliage, and new drip irrigation that will drastically lower your water bill. The home features a home generator if the power is to ever go out, plenty of storage sheds for gardening tools, and a closed off electric gate for perfect privacy! The additional large lot can be utilized in various ways - RV/car parking, basketball/tennis courts, or your dream resort backyard. You can also build an oversized ADU on the other side of the lot. If your'e a savvy investor, you can split the lot in two with California's SB9 law and build an additional home and ADU on the split lot. Maximize this lot for a total of four cash flowing structures! Rents are high in the area, with the main house leasing for $2,925/mo this past year. This property is located in prime location, with big box retail stores and food within a two minute drive (Home Depot, Walmart, Marshalls, Panera Bread, Raising Canes, etc). and Downtown Palm Springs within a five minute drive (museums, live events, high-end restaurants). Plus, Cathedral City is currently building out "Dream Homes Park," a $8.5M new park initiative within walking distance of the property. The "Dream Homes Park" is slated to open in 2025, and will feature a soccer/multi-use field, soccer field, futsal field with lighting, two basketball courts with lighting, and much more. No HOA, no land lease. There's so much potential for the property and the surrounding area, and it's competitively priced - both homeowners and investors alike!