Active

1055 E Racquet Club RD

PALM SPRINGS CA, 92262

$1,549,000


$563.48 per sqft

Active

4 Beds

4 Baths

2,749 sqft

Residential

Built in 1962

Welcome to the Sputnik House a captivating mid-century gem that epitomizes the Palm Springs lifestyle! Built in 1962 and extensively upgraded with $100,000 in investments, this pristine 4-bedroom, 4-bath home offers a seamless blend of modern luxury and timeless charm. Step into a stunning open-concept living area, adorned with a fireplace and anchored by a meticulously designed modern kitchen. The kitchen boasts stainless appliances, a tasteful tile backsplash, a waterfall-edge quartz countertop, and ample storage, creating a perfect hub for culinary delights. Each of the 4 bedrooms and baths has been tastefully updated, ensuring a comfortable retreat for both homeowners and guests. The spacious primary bedroom stands out with its spa-like bathroom, featuring a dual vanity, free-standing tub, and an oversized walk-in shower. Outdoors, indulge in the epitome of relaxation with a sparkling pool that provides breathtaking western mountain views. An outdoor kitchen, a covered patio, and a fire feature complete the enchanting space, offering a haven for outdoor entertainment. The property has new landscaping with color-changing automated lighting and solar panels. The Sputnik House is not just a dream home it's an investment opportunity. Boasting a track record as a successful short-term rental, the property is fully booked for March and April, generating a lucrative $14,000 each month. With smart home automation, upgraded pool equipment, and a complete set of brand-new furnishings, TVs, and appliances (just one-year-old), this turnkey property offers a hassle-free investment experience. Furthermore, the Sputnik House sits on FEE land, meaning there's no land lease you own the land. Plus, there's no HOA, providing flexibility and freedom for the homeowner. Situated just minutes from downtown. Don't miss your chance to own a piece of Palm Springs paradise and an investment that promises both luxury living and substantial returns. This is the Sputnik House where mid-century elegance meets modern sophistication!

SR24046107MR

MLS ID

March 28, 2024

Listed

April 12, 2024

Updated

Map

1055 E Racquet Club RD
PALM SPRINGS CA, 92262

Interior Features

Total Stories

1


Bedrooms

4 Beds


Bathrooms

4 Baths


Appliances

Barbeque, Dishwasher, Dryer, Dryer Included, Refrigerator, Vented Exhaust Fan, Washer, Washer Included


Laundry Description

Dryer, Dryer Included, Washer, Washer Included


Fireplace

Yes


Fireplace Description

Fire Pit, Gas, Living Room


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central, Natural Gas, Other, Solar, Zoned

Exterior/Building Features

Lot Size

0.32 Acres


Sewer

Public Sewer

School Information

School District

Palm Springs Unified

Other Property Details

Area Name

Palm Springs North End


Days on Market

13


Garage

No


Parking

Carport, Driveway, On street


Parking Total

0


View

Yes


View Description

Hills, Trees/Woods


County

Riverside


Water Source

Public


Pool

Yes


Pool Features

Heated, In Ground, Private


Zoning

R1C

Listed by George Ouzounian with The Agency
Listing Contact: 818-900-4259 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor CalNative Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/12/2024

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