2099 E Racquet Club Road E, Palm Springs, CA 92262

$1,475,000
4
BD
2
BA
2,459
SqFt

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List Price
$1,475,000
Status
ACTIVE
Days on Market
5
MLS#
219153587DA
Subtype
Residential
Year Built
1978
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,459
Lot Size
22,651
Acres
0.52
Subdivision
Desert Park Estates
Neighborhood
Desert Park Estates
MLS Area Major
North End Palm Springs (331)

Property Description

Rare 1/2 acre Palm Springs Estate blending distinctive desert architecture, resort-style living, exceptional privacy, and an established investment track record with over $600,000 in total rental bookings the past few years (currently no waitlist for an STR permit). This stylish four-bedroom residence sits on expansive estate-sized grounds designed for effortless indoor-outdoor living and entertaining, featuring a resort-style pool, generous recreation and gathering spaces, and a full-size regulation-style private pickleball court - one of a select few of its kind in downtown Palm Springs. Inside, elevated desert style meets modern functionality with an expansive chef's kitchen featuring newly upgraded appliances, generous entertaining spaces, and a 625 sq. ft. climate-controlled game room. The estate is offered fully furnished and turnkey, with paid-off solar adding significant value (about $800/month in savings on electricity) and efficiency. For buyers seeking an investment property, this is an established, turnkey short-term rental with currently no waitlist for an STR license. The estate is situated on fee-simple land- you own the land with no land lease- and no HOA. Ideal for a sophisticated primary residence, luxury second home, potential 1031 exchange replacement property, expansion of an existing STR portfolio, or acquisition of an established high-income-producing vacation rental in one of Southern California's most iconic resort markets. A distinctive Palm Springs estate combining architecture, acreage, privacy, resort-caliber amenities, turnkey convenience, and established rental performance.

Additional Information

Interior Features
Furnished
Flooring
Tile, Vinyl
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool
Yes
Pool Type
In Ground, Private
Parking Features
Driveway, Garage, Garage Door Opener, On Street
Garage Spaces
2
View
Mountain(s)

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Michael Smith (mikesmith2141@gmail.com) from Listing Office: Vacaystay Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.