Listing Agent: Michael Smith      Broker/Office: Vacaystay Real Estate
2099 Racquet Club Road E Palm Springs CA 92262
$ 1,475,000
  4   |    2   |    2459 Sq Feet

Listing ID

#219153587DA

Status

Active

Property Type

Single Family Residence

County

Riverside

Neighborhood

Desert Park Estates

Year Built

1978

Days on website

12

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.
Location
Financial Information
List Price:  $ 1475000
Property Features
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
Listed By:   Michael Smith   Vacaystay Real Estate 
CA Lic#