2099 E Racquet Club Road E

Palm Springs, CA 92262

About this property

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.

About this property

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.

Features and Additional Information

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$1,475,000 Active
4 Bed(s)
2
Baths
2,459 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Vacaystay Real Estate
1-760-777-6622
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Area Information

331 North End Palm Springs | Riverside County | Desert Park Estates

$ 1,475,000
This listing is play_arrow 136.0% higher than the average in the area
$ 625,000 in the area
2,459 SqFt
This listing is play_arrow 30.1% larger than the average in the area
1,890 SqFt in the area
$ 600 $/SqFt
This listing is play_arrow 81.4% more than the average in the area
$ 331 $/SqFt in the area
32 days on site
This listing is play_arrow 30.4% below the average in the area
46 days on site in the area

Schools in the Area

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Listed By Michael Smith
Brokerage: Vacaystay Real Estate

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