1055 E Racquet Club Road
Palm Springs, CA 92262

  • 4 beds
  • 4 baths
  • 2,749 sqft
  • 13,939 sqft lot
  • $563 per sqft
  • 1962 build
  • on site

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!

California Regional MLS logo Listed By CRMLS_CA / George Ouzounian / The Agency / 818-900-4259

Last checked: Checking… • Last updated Apr 10, 2024 •

MLS# SR24046107 —

This home is listed in more than one place. See it here.

Monthly cost estimate

1055 E Racquet Club Road

Asking price

$1,549,000

Expense Monthly cost
Mortgage

$8,294

Taxes N/A
Insurance $425
Utilities $348 See report
Total $9,067/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
3/28/24
Listed / Active CRMLS_CA $1,549,000 8.3% (5.0% / YR)
7/27/22
CRMLS_CA $1,430,000 -3.7%
6/27/22
CRMLS_CA $1,485,000

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George Ouzounian

The Agency

818-900-4259

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This house located in Racquet Club Estates, Palm Springs, CA 92262 is currently for sale for $1,549,000. 1055 E Racquet Club Road is a 2,749 square foot house with 4 beds and 4 baths that has been on Estately for 29 days. 1055 E Racquet Club Road is in the Racquet Club Estates neighborhood of Palm Springs and has a WalkScore® of 33, making it car-dependent. This house is in the attendance area of Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and The Agency. Based on information from California Regional Multiple Listing Service, Inc. as of 19:58 on Apr 26.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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