401 E Glen S Circle, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This property presents a High-Potential Investment Opportunity with a List Price of $745,000—positioned well below the $684,680 Fair Market Value by -8%. Featuring a Poor Condition Rating, this 1959 Alexander-built home requires a full-scale restoration to unlock its value. The 10,454 sqft lot with a private pool provides a substantial canvas for value-add improvements. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the iconic Desert Modernism aesthetic in the Racquet Club Estates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 E Glen S Circle Subject | $745,000* List Price | 3 | 3 | 1,760 | $389 | - |
A 1043 E Via Escuela Sold | $675,000 | 3 | 2 | 1,830 | $369 | 0.4 mi |
B 1838 N Nogales Way Sold | $600,000 | 3 | 2 | 1,746 | $344 | 0.7 mi |
C 995 E Chia Road Sold | $725,000 | 3 | 3 | 1,521 | $477 | 0.7 mi |
D 1163 E El Cid Sold | $540,000 | 3 | 2 | 1,656 | $326 | 0.5 mi |
E 1120 E Via San Dimas Road Sold | $699,000 | 3 | 3 | 1,950 | $358 | 1.0 mi |
F 1106 E El Cid Sold | $599,000 | 3 | 2 | 1,452 | $413 | 0.5 mi |
G 2290 N Milben Circle Sold | $655,000 | 4 | 2 | 1,200 | $546 | 0.0 mi |
H 1166 Pasatiempo Road Pending | $785,000 List Price | 3 | 2 | 1,827 | $430 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and explicitly marketed as a restoration project rather than a turnkey home, this property shows significant age with a dated kitchen, older flooring, and likely original systems. It meets the criteria for poor condition as it requires a full rehab to address over 60 years of wear and lack of modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1760.
Built by the renowned Alexander Construction Company in 1959, this home represents the quintessential Desert Modernism style that is highly coveted by collectors and enthusiasts in Racquet Club Estates.
Priced strategically below the value of renovated area homes, this property offers a rare opportunity for investors or homeowners to build substantial equity through a custom restoration.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is explicitly sold in non-turnkey condition, requiring a buyer with the vision and capital to undertake a full-scale restoration and modernization project.
The listing indicates no significant views, which may be a competitive disadvantage in a market like Palm Springs where dramatic mountain vistas often command a premium.
Built in 1959 by The Alexander Construction Company, Racquet Club Estates defines this golden age of Desert Modernism and the California lifestyle. Situated on a spacious lot on a quiet interior street this home offers a chance to restore, reimagine and create something truly special. Whether looking to create a stylish mid-century retreat, a full-time residence or an investment property the potential is undeniable. The home offers both a garage and a carport. Priced with its condition in mind, this is not a turnkey home, but rather an opportunity to purchase well below the price of many renovated homes in Racquet Club Estates.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,760 | 2,076 |
| Lot Size | 10,454 | 10,454 |
| Price | $745.0K | $1.04M |
| Price per sq ft | $423 | $525 |
| Built year | 1959 | 1977 |
| HOA | $0 | $332 |
| Days on market | 47 | 75 |
Jun 5, 2026
$745,000
Initial Listing
Jul 28, 1994
$120,000
Public Record