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38207 Paradise Way, Cathedral City, CA, 92234

3beds
2baths
1,341sqft
$579,000
$432price/sqft
$4,565/moest. monthly cost
$182,600/yrincome needed

About This Home

Beautifully updated 3-bedroom, 2-bath mid-century ranch style home located in the highly desirable Upper Cathedral City Cove. This move-in-ready property offers the perfect blend of comfort, style, and desert living. At first glance you will notice fresh interior and exterior paint throughout the home and garage, new LED ceiling lighting, and brand-new carpet in the living area and two of the three bedrooms. Major upgrades include a recently installed tankless water heater and updated electrical panels for the home and garage. You can also enjoy outdoor living at its finest with a private pool and spa, built-in BBQ and an upper viewing deck showcasing stunning valley floor and mountain views. Whether entertaining guests or relaxing under the stars, this home is designed for the ultimate desert lifestyle. This is a fantastic opportunity to own a beautiful home with a detached 2 car garage in one of Cathedral City's most sought-after neighborhoods. Cathedral City is centrally located near both Palm Springs and Rancho Mirage and offers great opportunities for ease of living with great options for entertainment including casinos, theaters, dining and shopping. No HOA's here!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

4/10

Construction

Condition

  • Year built: 1958

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Gas Cooktop,Microwave,Refrigerator,Vented Exhaust Fan
  • Laundry features: Laundry Closet,Outside

Bathroom

  • Features: Low Flow Plumbing Fixtures,Separate Shower,Tile Counters

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Breakfast Bar,Cathedral Ceiling(s),Separate/Formal Dining Room,All Bedrooms Down
  • Door features: Double Door Entry
  • Flooring: Carpet,Tile
  • Fireplace features: Living Room,Masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s),Natural Gas
  • Cooling features: Evaporative Cooling

Interior Area

  • Total interior livable area: 1,341 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island

Property

Details

  • Parcel number: 686163016
  • Special condition: Standard

Features

  • Private pool: Yes
  • Pool features: Gunite,In Ground
  • Spa features: Gunite,In Ground,Private
  • Fencing: Privacy,See Remarks
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 9,148 sqft

Parking

  • Total spaces: 4
  • Parking features: Driveway,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,927$35,124
Home Insurance *$162$1,944
Property Taxes $1,078$12,936
Electricity $398$4,786
Total$4,565$54,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,514/yr
40% on housing$136,950/yr
45% on housing$121,733/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$432This listing

vs Other Active Listings

Avg $/sqft

ZIP 92234$200
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92234$306
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$579,000
2026-04-07Contingent$599,000
2026-04-02Price change$599,000
2026-03-19Price change$639,000
2026-02-26Listed for sale$669,000
2003-05-12Sold$280,000

For Sale by Agent

AgentErin Driscoll
BrokerageBennion Deville Homes

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