1055 E Racquet Club Road Palm Springs, CA $ 1,449,000
1055 E Racquet Club Road
$ 1,449,000
Open House 5/5 2pm - 5pm
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1055 E Racquet Club Road

Palm Springs, CA, 92262
$ 1,449,000
Bedrooms4 Baths4.0 Sq 2,749

Monthly Estimate*

$ 10,122

Listed by The Agency
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Single Family Home for sale in Palm Springs, CA

for $1,449,000 with 4 bedrooms and 4 full baths. This 2,749 square foot home was built in 1962 on a lot size of 0.32.

Welcome to the Sputnik House – a captivating mid-century gem that epitomizes the Palm Springs lifestyle! Built in 1962 and extensively upgraded with $100,000 in investments, this pristine 4-bedroom, 4-bath home offers a seamless blend of modern luxury and timeless charm. Step into a stunning open-concept living area, adorned with a fireplace and anchored by a meticulously designed modern kitchen. The kitchen boasts stainless appliances, a tasteful tile backsplash, a waterfall-edge quartz countertop, and ample storage, creating a perfect hub for culinary delights. Each of the 4 bedrooms and baths has been tastefully updated, ensuring a comfortable retreat for both homeowners and guests. The spacious primary bedroom stands out with its spa-like bathroom, featuring a dual vanity, free-standing tub, and an oversized walk-in shower. Outdoors, indulge in the epitome of relaxation with a sparkling pool that provides breathtaking western mountain views. An outdoor kitchen, a covered patio, and a fire feature complete the enchanting space, offering a haven for outdoor entertainment. The property has new landscaping with color-changing automated lighting and solar panels. The Sputnik House is not just a dream home – it's an investment opportunity. Boasting a track record as a successful short-term rental, the property is fully booked for March and April, generating a lucrative $14,000 each month. With smart home automation, upgraded pool equipment, and a complete set of brand-new furnishings, TVs, and appliances (just one-year-old), this turnkey property offers a hassle-free investment experience. Furthermore, the Sputnik House sits on FEE land, meaning there's no land lease – you own the land. Plus, there's no HOA, providing flexibility and freedom for the homeowner. Situated just minutes from downtown. Don't miss your chance to own a piece of Palm Springs paradise and an investment that promises both luxury living and substantial returns. This is the Sputnik House – where mid-century elegance meets modern sophistication!

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Open House

5/5/2024 2:00 PM - 5:00 PM
1055 E Racquet Club Road Palm Springs, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,449,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 0

Style

MidCenturyModern

Lot Size

0.32

Year Built

1962

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

SR24046107

Days on Market

35

Features
General
Interior Features Furnished OpenFloorplan QuartzCounters RecessedLighting PrimarySuite
Sewer PublicSewer
Heating Central Fireplaces NaturalGas Solar SeeRemarks Zoned
Cooling CentralAir
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable PhoneAvailable SewerAvailable WaterAvailable
Appliances Barbecue Dishwasher GasOven GasRange Refrigerator VentedExhaustFan Dryer Washer
Exterior Features Barbecue FirePit
Zoning R1C
HOA 0.0
Garage Spaces 0.0
Patio/Porch Features RearPorch Concrete Covered Open Patio
Architectural Style MidCenturyModern
Pool Features Heated InGround Private
Security Features CarbonMonoxideDetectors SmokeDetectors
Year Built 1962
View Hills Mountains Pool TreesWoods
Stories 1
Levels One
Property SubType SingleFamilyResidence
Community Features Biking Golf Hiking StreetLights Sidewalks Park
Accessibility None
County Riverside
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Vista Norte
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions N Avenida Caballeros at E Racquet Club Rd
City Palm Springs
Entry Location 0
View Y/N Y
Senior Community Y/N N
High School District Palm Springs Unified
Total Units 1
MLS Area 331 - North End Palm Springs
Lot Size Square Feet 13939.0
Private Pool Y
Waterfront Y/N N
Carport Y/N Y
Street Name Racquet Club
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled Turnkey
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 33
Structure Type House
Standard Status Active
Occupancy Description Vacant
Year Built Source PublicRecords
Tax Lot 4
Property Sub Type Additional SingleFamilyResidence
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Interior
Flooring Tile
Fireplace Features Gas LivingRoom
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds DoublePaneWindows
Fireplace Y/N Y
Full Baths 4
Street Suffix Road
Total Bedrooms 4
Entry Level 0
Electric On Property Y/N N
Main Level Bedrooms 4
Main Level Bathrooms 4
Total Baths 4
Living Area Units SquareFeet
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Exterior
Parking Features Carport Driveway OnStreet
Lot Features Item01UnitAcre BackYard FrontYard Landscaped NearPark Yard
Water Source Public
Total Parking 0.0
Inclusions All furniture fixtures TVs and appliances
Lot Size Area 13939.0
Foundation Details Slab
Spa N
Lot Size Acres 0.32
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1055
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* Excluded Features
List By
The Agency

Broker

(818) 900-4259

Phone

Affordability Calculator

$10,122
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,122
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
267355 Elementary School
270815 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$1,449,000 -6.46% Price Down
3/28/2024$1,549,000 Listed Price

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1055 E Racquet Club Road, Palm Springs, CA, 92262 is a Single Family Home for sale at $1,449,000 with 2,749 sqft and a lot size of 0.32. 1055 E Racquet Club Road has 4 bedrooms, 4.0 baths, and was built in 1962. The property's zip code is 92262 which is in Palm Springs, CA