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1055 E Racquet Club, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

1055 E Racquet Club, Palm Springs, California 92262 home-pic-0
ACTIVE$1,360,000
1055 E Racquet Club, Palm Springs, California 92262
4Beds
4Baths
2,749Sqft
11,325Lot

Price Vs. Estimate

The estimated value ($1,360,000) is $0 (0%) lower than the list price ($1,360,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11325, living area = 2749.
Top Cons:
Property Age & Unspecified Infrastructure Updates: Built in 1962, while cosmetically updated, the description lacks details on major infrastructure updates (e.g., plumbing, electrical, roof), which could lead to future maintenance concerns.

Compared to the nearby listings

Price:$1.36M vs avg $925.0K (+$435,000)76%
Size:2,749 sqft vs avg 2,100 sqft79%
Price/sqft:$495 vs avg $49152%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this property has undergone a comprehensive and recent modern renovation. The kitchen features sleek, contemporary cabinetry, stainless steel appliances, quartz countertops, and modern lighting. Both bathrooms are tastefully remodeled with exquisite tile work and modern fixtures. The flooring throughout is new tile or wood-look, and all visible components appear virtually new, meeting current quality standards with no deferred maintenance. The overall aesthetic is cohesive and high-end, indicating an extensive renovation within the last 5 years.
Year Built
1962
Close
-
List price
$1.36M
Original List price
$1.44M
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
GD25229180
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Resort-Style Living in Beautiful Palm Springs, CA Welcome to your private oasis in the heart of Palm Springs—where modern design meets resort-style comfort. Step through a custom front door into a beautifully updated home featuring a sleek, contemporary kitchen complete with stainless steel appliances, eye-catching backsplash, recessed lighting, and tile flooring that flows seamlessly through the kitchen, dining, and living areas. The living room boasts a grand fireplace and custom paintwork with elegant accent walls that bring warmth and personality to the space. Both bathrooms are tastefully remodeled with exquisite tile work, modern fixtures, and separate temperature controls for your comfort. French doors open to your stunning backyard retreat, perfect for entertaining or relaxing in style. Enjoy a sparkling pool with loungers, swaying palm trees, a mini-golf area, covered patio, built-in BBQ, and cozy fire pit—everything you need to live the ultimate desert lifestyle. This home’s modern, sleek design must be seen in person to be fully appreciated. Don’t miss your chance to own a slice of paradise in Palm Springs!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.4mi
4/10
Raymond Cree Middle School
Public,•6-8•0.5mi
6/10
Palm Springs High School
Public,•9-12•2.5mi
4/10
Desert Learning Academy
Public,•K-12•2.6mi
Condition Rating
Excellent
Despite being built in 1962, this property has undergone a comprehensive and recent modern renovation. The kitchen features sleek, contemporary cabinetry, stainless steel appliances, quartz countertops, and modern lighting. Both bathrooms are tastefully remodeled with exquisite tile work and modern fixtures. The flooring throughout is new tile or wood-look, and all visible components appear virtually new, meeting current quality standards with no deferred maintenance. The overall aesthetic is cohesive and high-end, indicating an extensive renovation within the last 5 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11325, living area = 2749.
Comprehensive Modern Renovation: The property boasts a sleek, contemporary kitchen with stainless steel appliances and tastefully remodeled bathrooms, offering a move-in ready modern living experience.
Exceptional Resort-Style Outdoor Oasis: The backyard is a private retreat featuring a sparkling pool, mini-golf area, covered patio, built-in BBQ, and fire pit, ideal for entertainment and embodying the ultimate desert lifestyle.
Prime Palm Springs Location with Mountain Views: Situated in the desirable Victoria Park subdivision, the home offers a private setting with picturesque mountain views, enhancing its appeal and value in a sought-after destination.
Cohesive Modern Design & Aesthetics: The home showcases a consistent modern design throughout, from the custom front door and seamless tile flooring to the grand fireplace and elegant accent walls.
Strong School District Ratings: Proximity to well-rated schools (Elementary 6, High School 6) adds significant appeal for families, contributing to long-term value and desirability.

Cons

Property Age & Unspecified Infrastructure Updates: Built in 1962, while cosmetically updated, the description lacks details on major infrastructure updates (e.g., plumbing, electrical, roof), which could lead to future maintenance concerns.
Recent Price Adjustment: A recent price reduction from $1.435M to $1.36M may raise questions about initial pricing strategy or market demand, potentially influencing buyer perception.
HVAC System Details Omission: In a desert climate like Palm Springs, the absence of specific information regarding the age or efficiency of the main HVAC system is a notable omission, crucial for buyer comfort and energy cost assessment.

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