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33040 Rancho Vista Dr, Cathedral City, CA, 92234

58beds
34baths
27,435sqft
$15,885,000
$579price/sqft
$101,660/moest. monthly cost
$4,066,400/yrincome needed

About This Home

Newly Built Gated Luxury Townhome Community with Solar, Pool, Private Yards & Large Floor Plans Mountain View Villas - Brand-New 17-Unit Luxury Townhome Community in Cathedral City An exceptional opportunity to acquire Mountain View Villas, a newly built, gated 17-unit townhome community located in Cathedral City, California. This modern, energy-efficient multifamily asset offers new construction, large floor plans, private outdoor space, rental appeal, and utility savings for tenants. The community features spacious 3- and 4-bedroom townhomes with bright open-concept living areas, bonus loft space, private backyards, dedicated laundry rooms, stainless steel appliances, induction cooktops, quartz countertops, and all-electric systems. All 4-bedroom homes include 2-car garages plus 2 additional private parking spaces, providing a parking ratio rare for comparable rentals. Built with energy efficiency in mind, Mountain View Villas is designed to offer residents substantial monthly savings, with no gas bills and greatly reduced or potentially no electricity bills depending on usage and solar production. This creates a leasing advantage and helps position the property as one of Cathedral City’s best values for spacious, modern, low-utility-cost living. The gated community includes high-tech gated entry, swimming pool, BBQ and outdoor gathering areas, security patrol, private backyards, and desert mountain views. The property is pet-friendly, further expanding the tenant pool. Conveniently located within walking distance to the high school, library, and post office, and minutes from downtown Cathedral City, Agua Caliente Casino, shopping, dining, and entertainment, Mountain View Villas is well positioned to attract tenants, families, professionals, and corporate renters seeking larger modern homes in the Coachella Valley. Mountain View Villas is located in a Federal Opportunity Zone, creating an additional investment advantage for qualified buyers and investors. Buyers should consult tax, legal, and financial advisors regarding eligibility and structure. Mountain View Villas is also positioned near Interstate 10 and the expanding Desert Hot Springs / North Palm Springs industrial corridor, including Amazon’s new facility, TradeWay Logistics, the approved Snider Logistic Center, and other logistics developments that may support long-term housing demand.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 58
  • Bathrooms: 34

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 27,435
  • Total interior livable area: 27,435 sqft

Property

Details

  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: Community

Lot

  • Lot size: 1.58 Acres
  • Features: Back Yard,Street Level

Parking

  • Total spaces: 34
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 34
  • Covered spaces: 34

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

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
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 $80,323$963,876
Home Insurance *$4,467$53,604
Property Taxes $10,987$131,844
Electricity $5,883$70,596
Total$101,660$1,219,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,485,485/yr
40% on housing$3,049,800/yr
45% on housing$2,710,933/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

$579This listing

vs Other Active Listings

Avg $/sqft

ZIP 92234$198
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)

No zestimate history available

Price History

DateEventPrice
2026-07-08Listed for sale$15,885,000

New Construction

AgentCarl Wuestehube
BrokerageTri-Star Realty

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