303 E San Rafael Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

303 E San Rafael Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$899,999
303 E San Rafael Drive, Palm Springs, California 92262
3Beds
2Baths
1,844Sqft
12,197Lot
Year Built
1977
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$488
HOA
-
Days on market
-
Sold On
-
MLS number
SR25027098
Home ConditionGood
Features
Excellent View: Mountain(s), Neighborhood
Pool
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 51% below the list price. We found 3 Cons,6 Pros. Rank: price - $900.0K(48th), sqft - 1844(40th), beds - 3(50th), baths - 2(41th).

Short Term Rental Eligible as off January 29, 2026!!! Welcome to a true Palm Springs retreat nestled in the desirable Racquet Club Estates neighborhood! This iconic mid-century modern home embodies the quintessential desert lifestyle with classic architectural lines, bright interiors, and a private oasis in the backyard. This 3-bedroom, 2-bathroom home spans 1,844 square feet and has been thoughtfully updated to honor its mid-century charm while providing the comfort and convenience of modern living. As you enter, you’re greeted by open-concept living with soaring ceilings, expansive clerestory windows, and large sliding glass doors that allow natural light to flood the space and seamlessly connect the indoors to the outdoors. The sleek kitchen features stainless steel appliances, quartz countertops, and stylish cabinetry – perfect for cooking and entertaining. The primary suite is a sanctuary of relaxation with its own private access to the pool area, and the two additional bedrooms are designed for guests or a home office. Step outside to your own private desert paradise, complete with a sparkling pool, lounge area, and breathtaking mountain views. The backyard is ideal for relaxing under the sun, dining al fresco, or stargazing by the fire pit on cool desert evenings. Located just minutes from the lively downtown Palm Springs area, renowned dining, shopping, and entertainment, this home offers the perfect blend of seclusion and accessibility. Whether you’re seeking a primary residence, a vacation home, or an investment property, this is a rare find in the heart of Palm Springs. Make this classic mid-century masterpiece yours and enjoy the best of desert living!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.3mi
4/10
Raymond Cree Middle School
Public,6-81.1mi
6/10
Palm Springs High School
Public,9-123.1mi
4/10
Desert Learning Academy
Public,K-123.3mi
Condition Rating
Good

Built in 1977, this property has been 'thoughtfully updated' to offer 'modern living' while retaining its mid-century charm. The kitchen features sleek stainless steel appliances, quartz countertops, and stylish cabinetry, indicating a significant and high-quality renovation. The overall description suggests a move-in ready home with well-maintained systems and appealing aesthetics. While extensively updated, the listing does not explicitly state a full renovation within the last 5 years for all components to be considered 'new or virtually new,' which would qualify it for an 'Excellent' score. However, the quality of the updates, particularly in the kitchen, and the overall presentation align well with the 'Good' category, indicating an extensive renovation within the last 5 to 15 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 = 12197, living area = 1844.
Short-Term Rental Potential: Eligible for short-term rentals starting January 29, 2026, offering significant investment income potential in a high-demand market.
Iconic Mid-Century Modern Design: Preserves classic architectural lines with thoughtful modern updates, appealing to a broad range of buyers seeking the quintessential Palm Springs aesthetic.
Private Resort-Style Backyard: Features a sparkling pool, lounge area, fire pit, and breathtaking mountain views, creating an ideal outdoor oasis for relaxation and entertaining.
Prime Racquet Club Estates Location: Situated in a desirable neighborhood, minutes from downtown Palm Springs' dining, shopping, and entertainment, ensuring convenience and high demand.
Bright, Open, and Updated Interiors: Boasts open-concept living with soaring ceilings, expansive windows, and a sleek kitchen with stainless steel appliances and quartz countertops.

Cons

Significant Price Discrepancy: The listing price of $899,999 is more than double the estimated property value of $436,193, suggesting a potential overvaluation or a need for a detailed appraisal justification.
Delayed Short-Term Rental Income: Short-term rental eligibility does not commence until January 29, 2026, delaying immediate income generation for investors.
Age of Property: Built in 1977, despite updates, the property's age may imply potential for unseen maintenance or system upgrades compared to newer or fully rebuilt homes.

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