2099 E Racquet Club E Road, 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#
219153587
Year Built
1978
Bedrooms
4
Bathrooms
2
Living Sq. Ft
2,459
Lot Size
22,651
Days on Market
0
Property Type
Single Family Residential
Stories
1
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

Land Lease Type
Fee
Pool
Yes
Pool Description
In Ground, Private
Spa
Yes
Fireplace Description
Gas, Living Room
Heat
Central
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Parking
On Street, Garage Door Opener, Driveway
Garage Spaces Total
2
Sewer
In Street on Bond

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Calculator source: Real Geeks

Listing courtesy of Vacaystay Real Estate.