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
MLS#
219153587DA
Year Built
1978
Bedrooms
4
Bathrooms
2
Living Sq. Ft
2,459
Lot Size
22,651
Acres
0.52
Lot Location
Drip Irrigation/Bubblers, Sprinkler System
Days on Market
0
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Desert Park Estates

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

Pool
Yes
Pool Description
In Ground, Private
Fireplace Description
Gas, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Garage Spaces Total
2
Interior Features
Furnished
Attached Structure
Detached

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

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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.