Cathedral City Homes under $1 million

Cathedral City Homes under $1 million

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Newest Cathedral City Homes under $1 million

43240 Bacino Court, Indio
$999,900
3 Beds ⋅ 2 Baths ⋅ 219153793 MLS
A rare opportunity to acquire a proven, high-performing lakefront short-term rental in Terra Lago--positioned for the investor who understands that the best STR acquisitions combine documented revenue, differentiated amenities, a strong depreciation basis, and the ability to perform from day one. This fully established 3-bedroom, 3-bath, 2,157-square-foot lakefront retreat generated $131,000 in verified gross rental revenue in 2025 and is currently on pace to exceed that performance in 2026. Unlike a speculative STR purchase where the buyer must renovate, furnish, build reviews and establish a rental history, this property already has the amenities and proven performance guests are looking for. The outdoor space is the centerpiece: a private saltwater pool and spa, expansive lake and mountain views, commercial-grade misters, lakeside fire pit, built-in BBQ, covered outdoor TV lounge and multiple entertaining areas create a true resort-style guest experience. Inside, the property features an open entertaining layout, custom bar, upgraded finishes, custom TV wall and a private primary-suite balcony overlooking the water. An arcade/game-room component further enhances the property's appeal to vacation-rental guests. The home accommodates up to 10 guests and has been thoughtfully positioned to compete in Indio's event-driven STR market. For investors focused on tax efficiency, the numbers become even more compelling. Public tax records currently allocate approximately $302,757 to land and $706,429 to improvements, meaning roughly 70% of the current assessed value is attributed to improvements rather than non-depreciable land. A buyer should have their CPA and cost-segregation specialist establish the appropriate allocation at acquisition, but the property's substantial building and amenity basis--including the pool, spa, outdoor improvements, furnishings and qualifying components--could make it an attractive candidate for a cost-segregation study and accelerated depreciation, subject to the buyer's individual tax situation. Compass For a 1031 exchange buyer, this is an opportunity to move equity into an established income-producing vacation rental rather than starting from scratch. For the hybrid buyer, it offers something equally compelling: a lakefront desert residence that can be personally enjoyed while producing meaningful rental income when not in use. And for an investor looking to enter the STR market, the property provides a documented operating history and an established guest-oriented amenity package. Located within gated Terra Lago, adjacent to the golf course and minutes from the attractions and major events that drive Coachella Valley tourism, this is more than a furnished vacation home--it's an opportunity to acquire a proven hospitality asset with six-figure gross revenue, significant depreciable improvements, and continued upside.

43240 Bacino Court, Indio

78750 Nolan Circle, La Quinta
$125,000
4 Beds ⋅ 3 Baths ⋅ 219153787 MLS
New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Desert Mirage sits on a quiet residential street in La Quinta, within walking distance of the Indian Wells Tennis Garden and minutes from the PGA West golf courses that define this part of the Coachella Valley. The single-level stucco exterior is low and understated, with a two-car garage and a gated entry that gives little sense of the private backyard beyond. The open plan living and dining areas have vaulted ceilings and light hardwood floors, with large double doors that open the full width of the main living space to the backyard. The kitchen has gray cabinetry, a peninsula with breakfast bar seating and pendant lighting above. The primary bedroom has its own en suite bath and direct access to the outdoors. Three additional bedrooms each with private baths complete the layout. The heated pool with tanning shelf, hot tub and water feature sits at the center of the backyard, surrounded by floral hedge walls and palm trees that give the space a genuinely private, resort-like quality. A pergola-covered patio with outdoor lounge seating and a dining area extends the living spaces into the desert air. The Indian Wells Tennis Garden hosts the BNP Paribas Open each spring, one of the largest tennis tournaments in the world, and PGA West's championship courses are minutes away. Desert Mirage is professionally designed, appointed and managed by Pacaso. Owners arrive to find everything ready, with nothing left to arrange before the stay begins.

78750 Nolan Circle, La Quinta

73437 Foxtail Lane, Palm Desert
$439,000
2 Beds ⋅ 3 Baths ⋅ 219153437 MLS
Desert Living with Mountain Views Discover a fresh take on desert living in this inviting two-story residence located within Ironwood Country Club. Filled with personality and warmth, this 2-bedroom, 3-bath home blends relaxed Boho style with comfortable indoor-outdoor living and beautiful mountain views. The main level features an open, airy floor plan with 24-inch tile flooring, a spacious great room, and a kitchen with stainless steel appliances that flows easily into the living and dining areas--perfect for casual entertaining. A convenient main-level bath is ideal for guests. Upstairs, both bedrooms offer a sense of privacy along with access to balconies where dramatic mountain views create the perfect backdrop for morning coffee or an evening glass of wine. Outside, the private courtyard becomes your own desert retreat, with space for dining and lounging plus a relaxing Jacuzzi--an inviting spot to unwind beneath the desert sky. A two-car garage provides additional convenience and storage. Whether you're searching for a seasonal escape, full-time desert residence, or an easy lock-and-leave getaway, this home offers a wonderful opportunity to enjoy the Ironwood lifestyle. Ironwood Country Club is one of the Coachella Valley's premier private communities, offering two championship golf courses, a beautifully updated clubhouse, tennis, pickleball, Pilates, fitness facilities, dining, and a vibrant social atmosphere. Membership opportunities are available separately

73437 Foxtail Lane, Palm Desert

81620 Avenue 49 118a, Indio
$89,000
1 Beds ⋅ 1 Baths ⋅ PS-26996623 MLS
Turnkey Park Model in Beautiful Desert Aire RV Resort. Welcome to your perfect seasonal getaway at Desert Aire RV Resort! This charming 1-bedroom, 1-bath, 400 sq. ft. park model home offers a comfortable retreat in a beautiful resort setting, complete with greenbelt and water views from both of its private patios. Enjoy your morning coffee, evening cocktails, or al fresco dining from either outdoor space. One patio is covered for year-round enjoyment, while the elevated, uncovered patio provides additional space to relax and take in the peaceful surroundings. Inside, you'll find a comfortable and well-maintained home featuring newer dual pane LR slider, laminate flooring throughout, tinted windows with black out shades, a newer queen-size bed, full-size propane range, microwave, newer refrigerator, and a newer heat pump to keep you comfortable on those chilly winter nights. There's also plenty of interior storage plus an exterior storage shed. Home is also equipped with a dual propane gas tank. Best of all, this home is being sold turnkey furnished, making it easy to settle in and start enjoying everything Desert Aire has to offer. Desert Aire is a vibrant 55+ community with an impressive selection of amenities and activities, including: large clubhouse swimming pool and lounge area plus two satellite pools, pickleball courts, bocce ball, shuffleboard, putting greens (Pitch & Putt course). The community clubhouse during the season offers outdoor dinners and concerts, organized trips and outings, arts and crafts...And much more! Primarily enjoyed by snowbirds, the resort operates as a seasonal community from September through May and does not permit full-time residency. The community is also pet-free. HOA fees include water, sewer, trash, wifi & cable TV. If you're looking for a comfortable, turnkey seasonal retreat in a fun and active community, this Desert Aire park model is worth a look! For more information about the resort and its amenities, visit www.desertaireresort.com.

81620 Avenue 49 118a, Indio

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