1055 East Racquet Club Road

Palm Springs, CA 92262

$1,449,000
Price
4
Beds
4
Baths
2,749 Sq. Ft.
$527 / Sq. Ft.
2,749
Sq. Ft.
$527
per Sq. Ft.

Description

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,...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!
  1. Listed by George Ouzounian • DRE #01948763 • Brokerage DRE #01904054 • The Agency • 818-900-4259
  2. Listed by Sevak Isayan • DRE #01837895 • Brokerage DRE #01904054 • The Agency

Property Details for 1055 East Racquet Club Road

Architectural Style
Mid Century Modern
View
Hills, Mountain(s), Pool, Trees/Woods
Parking Spaces Total
0
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor

Open Houses

Sunday, May 5th

2:00 PM - 5:00 PM

PublicView Details

Location

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Sevak Isayan, DRE #01837895
Add your commute
LISTING UPDATED: 04/30/2024 10:25 AM

Property Details for 1055 East Racquet Club Road

StatusActive
MLS #SR24046107
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1962
Lot Size0.32 AC / 13,939 SF
CountyRiverside County

Location

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Sevak Isayan, DRE #01837895
Add your commute

Building Information for 1055 East Racquet Club Road

Stories1Year Built1962Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$9,437 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,908

Property Taxes

$1,529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1055 East Racquet Club Road

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 2411
  • Tax Census Tract: 9413.00
  • CFD/Mello-Roos Fee: $268
  • Tax Lot: 4
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Golf, Hiking, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Barbecue, Dishwasher, Gas Oven, Gas Range, Refrigerator, Vented Exhaust Fan
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer, Gas Oven, Vented Exhaust Fan, Barbecue, Gas Range
  • Interior Features: Furnished, Open Floorplan, Quartz Counters, Recessed Lighting
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Room Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower in Tub, Double Sinks in Primary Bath, Remodeled, Soaking Tub, Vanity area, Walk-in shower
  • Room Kitchen Features: Kitchen Open to Family Room, Quartz Counters
  • Eating Area: Area, Breakfast Counter / Bar, In Family Room, Dining Room, In Kitchen
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Fireplace Features: Living Room, Gas, Fire Pit
  • Fireplace Rooms: Fire Pit, Gas, Living Room
  • Fireplace: FP in Living Room, Fire Pit, Gas
  • Cooling: Central Air
  • Heating Type: Central, Natural Gas, Other, Solar, Zoned
  • Heat Source: Natural Gas, Solar
  • Heating: Central, Fireplace(s), Natural Gas, See Remarks, Solar, Zoned
  • Heat Equipment: Zoned Areas, Fireplace, Forced Air Unit, Passive Solar, Other/Remarks
  • Floor Coverings: Tile
  • Flooring: Tile
Exterior Features
  • Window Features: Blinds, Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Exterior Features: Barbecue Private
  • Entry Location: 0
  • Foundation Details: Slab
  • Structure Type: House
  • Property Condition: Turnkey, Updated/Remodeled
  • View Description: Hills, Trees/Woods
  • Patio: Yes
  • Patio: Covered, Concrete, Patio, Patio Open
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open, Rear Porch
  • Pool Features: Private, Heated, In Ground
  • Pool Description: Heated, In Ground, Private
  • Pool: Below Ground, Private, Heated
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Park Nearby, Yard
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: Carport, Driveway, On street
  • Parking Non-Garage: Carport, Driveway, Street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Carport, Driveway, Street
Property / Structure Info
  • Builders Tract Name: Victoria Park/Vista Norte
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1055 East Racquet Club Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1055 East Racquet Club Road

Taxable ValueLand$75,000Additions$1,355,000Total$1,430,000
Tax Record2023$18,349 ($1,529 / month)
Home Facts
Beds4Baths3.2Total Finished SqFt2,749 SqFtAbove Grade Finished SqFt2,749 SqFtStories1Lot Size13,939 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1995ZoningR1CCountyRIVERSIDEAPN501-162-004Fireplace TypeHas Fireplace

Schools near 1055 East Racquet Club Road

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Vista Del Monte Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Desert Learning Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1055 East Racquet Club Road is a single family home for sale in Palm Springs, CA 92262. This property was listed for sale on March 28, 2024 by The Agency, it's currently listed at $1,449,000. It has been on the market for a total of 36 days and was last sold on July 27, 2022. This listing's school district is Palm Springs Unified School District. Nearby schools include Vista Del Monte Elementary School, Raymond Cree Middle School and Palm Springs High School. 1055 East Racquet Club Road is a 4-bed, 4-bath, 2,749 sqft single family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Sevak Isayan, DRE #01837895

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.