2099 E Racquet Club Rd E , Palm Springs, CA 92262
$1,475,000
Est. Payment: $7,653.46/mo
4 Bed
2 Bath
2459 Sqft
0.52 Acres
Status: active | Days on site: 13
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House 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.

Highlights

Listed by Michael Smith , (805) 750-3800 Vacaystay Real Estate , (760) 777-6622. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.52

Year Built

1978

County

Riverside

Area

331 - North End Palm Springs

Neighborhood

Desert Park Estates

Listing ID

219153587DA

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central Air
Fireplaces:Gas,Living Room
Floor:Tile,Vinyl
Other:
  • ▪ Additional:Furnished

Exterior Features

Lot:Drip Irrigation/Bubblers,Sprinkler System,No Land Lease
Garage Capacity:8
Parking Features:Driveway,Garage,Garage Door Opener,On Street
Principal Interest
$7,653
Taxes
$940

Home Price

$1,475,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$295,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,653.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,653.46 $940.31 $0.00 $8,593.77
Yearly $91,841.49 $11,283.75 $0.00 $103,125.24
Total $2,755,244.71 $338,512.50 $0.00 $3,093,757.21

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Palm Springs, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T01:30:46.000Z

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