Main Image
2099 Racquet Club Road E Palm Springs CA 92262
Price $ 1,475,000
Listing ID 219153587DA
Status Active
Property Type Single Family Residence
County Riverside
Neighborhood Desert Park Estates
Beds 4
Baths 2
House Size 2459
Year Built 1978
Days on website 15
Description
A rare Palm Springs Estate situated on a 1/2-acre lot - about double the lot size of a typical Palm Springs residence - spanning an expansive 22,651 sq. ft. and blending distinctive desert architecture, resort-style living, exceptional privacy, and an established investment track record with over $600,000 in total rental bookings over 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
Senior Community YN: false
MLS Area Major: 331 - North End Palm Springs
City: Palm Springs
Listed By:   Michael Smith   Vacaystay Real Estate 
CA Lic#
Sunset Oasis Dream Home(1) Golden Hour Palm Springs Home 6-web-or-mls-DSC_70291- Golden Hour Backyard Retreat (1)