1800 Paseo Raqueta, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Spacious Desert Condominium is a rare three-bedroom end-unit in the gated Sunrise Racquet Club, listed at $545,000. This pricing reflects the stability of the $526,797 Fair Market Value, driven by the community's high-demand 14-day rental allowance and resort amenities. With a Condition Rating of 4, the interior features vaulted ceilings and a private garage, offering significant Value-Add Potential for cosmetic modernization. Located near Top-Rated Katherine Finchy Elementary, the property provides a premium lifestyle with Pickleball and Heated Pools. It is perfectly suited for Owner-Occupants or Seasonal Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1800 Paseo Raqueta Subject | $545,000* List Price | 3 | 2 | 1,465 | $347 | - |
A 1991 Paseo Raqueta Sold | $569,900 | 3 | 2 | 1,465 | $389 | 0.2 mi |
B 1279 Trofeo Circle Sold | $415,000 | 2 | 2 | 1,252 | $331 | 0.2 mi |
C 1429 N Cerritos Drive Sold | $529,000 | 3 | 2 | 1,248 | $424 | 0.2 mi |
D 1861 Paseo Pelota Sold | $460,000 | 2 | 2 | 1,252 | $367 | 0.2 mi |
E 1878 E Chia Road Sold | $475,000 | 3 | 2 | 1,248 | $381 | 0.1 mi |
F 1971 Paseo Raqueta Sold | $562,000 | 2 | 2 | 1,252 | $449 | 0.2 mi |
G 1981 Paseo Raqueta Active | $449,000 List Price | 2 | 2 | 1,252 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 and held by the same family for over 40 years, the property is described as well-maintained but 'ready for personal touches.' Visuals confirm dated elements including popcorn ceilings and original bathroom cabinetry/lighting. While functional and move-in ready, the age (>20 years) and lack of recent renovations necessitate cosmetic updates.
The property features a rare HOA-approved 14-day rental policy and a proven vacation rental history, making it an exceptional opportunity for investors seeking short-term income in Palm Springs.
As a highly desirable end unit with vaulted ceilings, three bedrooms, and a private garage, this condo offers a spacious, light-filled interior that provides more privacy and functionality than standard units.
Located in the sought-after Sunrise Racquet Club, the property grants access to premium gated amenities including tennis, pickleball, heated pools, and a clubhouse, enhancing the desert lifestyle appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 2096.
Held by the same family for over forty years and described as 'ready for personal touches,' the unit likely requires a significant capital investment for modernizing finishes and appliances.
The monthly association fee of $769 is relatively high, which may impact the overall affordability for residential buyers and reduce the net cap rate for potential investors.
Rarely available, this clean and well-maintained three-bedroom, two-bath condo offers an exceptional opportunity to own in Sunrise Racquet Club, one of central Palm Springs' most sought-after gated communities. Lovingly held by the same family for more than forty years, this special property is ready for its next chapter--offering a unique chance for a new owner to bring their vision to life and make it their own. Spanning approximately 1,465 square feet, this highly desirable end unit features a spacious, light-filled interior with vaulted ceilings in the living room and sliding doors that open to a large, covered patio--perfect for relaxing or entertaining. Additional highlights include a private garage, in-unit laundry, and an ideal layout designed for comfortable desert living. Residents of Sunrise Racquet Club enjoy an impressive collection of amenities, including tennis, pickleball, heated pools, spas, and clubhouse. With a proven vacation rental history and HOA-approved 14-day rentals, this property also presents excellent income potential. All in a prime central location close to downtown Palm Springs, the casino, spa, restaurants, shopping, and nightlife. Whether you are seeking a full-time residence, seasonal retreat, or income-producing getaway, this condo and location truly have it all.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,465 | 1,139 | 80% |
| Lot Size | 1,742 | 436 | 80% |
| Price | $545.0K | $362.0K | 75% |
| Price per sq ft | $372 | $345 | 58% |
| Built year | 1979 | 1981 | 31% |
| HOA | $769.0 | $550 | 92% |
| Days on market | 37 | 160 | 2% |
May 1, 2026
$545,000
Initial Listing