Listing Agent: Michael Smith Broker/Office: Vacaystay Real Estate
2099 Racquet Club Road E Palm Springs CA 92262
Listing ID
#219153587DA
Status
Active
Property Type
Single Family Residence
County
Riverside
Neighborhood
Desert Park Estates
Year Built
1978
Days on website
12
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.
Fireplace Features:
Gas
Flooring:
Tile, Vinyl
Heating:
Central
Interior Features:
Furnished
Levels:
One
Parking Features:
Driveway, Garage
Pool Features:
Private
Senior Community YN:
false
Spa Features:
Heated
MLS Area Major:
331 - North End Palm Springs
City:
Palm Springs
Senior Community YN:
false
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Listed By:
Michael Smith
Vacaystay Real Estate
CA Lic#
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