WOW*****Incredible opportunity! Price SLASHED below recent appraisal for immediate sale! Don't miss this one!! Stunning Mediterranean inspired one level home is located in the highly sought-after Cathedral City Cove. The exterior boasts beautiful landscaping, while the interior has been meticulously designed. Upon entry, you'll find marble tile flooring throughout the open floor plan. The spacious living room seamlessly flows into the dining area and a separate family room, featuring a cozy fireplace and beautiful wooden ceiling beams. This room connects to the kitchen and a covered outdoor patio. The kitchen offers ample cabinet space and striking wood accents. Additional highlights include an office, an expansive master bedroom--with a fireplace, wood flooring, a walk-in closet, a beautiful master bathroom with walk-in shower, and access to the covered patio. There are two additional beautifully appointed bedrooms, a separate bathroom, and a convenient individual laundry room. Enjoy your private oasis with a pool, jacuzzi, and an outdoor bathroom. The home includes a 3-car garage and additional parking for up to 5 vehicles, totaling 8 parking spots--perfect for car enthusiasts or as an ideal Airbnb. No HOA! Estimated income potential of $90K+ per year, based on rental analysis!! Located just minutes from downtown Palm Springs, Agua Caliente Casino, El Paseo Shopping Center, movie theaters, restaurants, and grocery stores. Don't miss this rare opportunity!