
Palm Springs, California 92262
This Architecturally Significant Mid-Century Modern Home is a Strong Value Opportunity, listed at $999,500—positioned well below the $1,089,162 Fair Market Value by 8%. This valuation gap offers $89,662 in Instant Equity for the buyer. Featuring a Meticulous 2021 Renovation, a Pool, and Stunning Mountain Views, the property maintains an Excellent Condition Rating. With its iconic William Krisel design and turnkey status, this residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Palm Springs lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 E Racquet Club Road Subject | $999,500* List Price | 3 | 3 | 1,497 | $728 | - |
A 2146 N Blando Road Sold | $980,000 | 3 | 3 | 1,520 | $645 | 0.5 mi |
B 444 E Glen Circle Sold | $975,000 | 3 | 2 | 1,381 | $706 | 0.0 mi |
C 1022 E El Escudero Street Sold | $749,000 | 3 | 2 | 1,452 | $516 | 0.5 mi |
D 402 E Desert Willow Circle Sold | $1,160,000 | 3 | 2 | 1,567 | $740 | 0.1 mi |
E 2550 N Kitty Hawk Drive Sold | $965,000 | 3 | 2 | 1,225 | $788 | 0.4 mi |
F 1331 E Del Paso Way Sold | $1,062,500 | 3 | 2 | 1,407 | $755 | 0.7 mi |
G 805 E Garden Road Active | $1,124,000 List Price | 3 | 2 | 1,557 | $722 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a meticulous renovation in 2021 (less than 5 years ago), featuring a modern kitchen with quartz countertops and high-end appliances, updated bathrooms with contemporary finishes, and significant system upgrades including a new 5-ton AC and dual-pane windows.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1497.
Designed by the iconic William Krisel and built by the Alexander Construction Company, this home offers significant historical value and the quintessential mid-century modern aesthetic highly sought after in Palm Springs.
The property features a meticulous top-to-bottom renovation including a 5-ton AC system, dual-pane windows, high-end kitchen appliances, and an EV-ready garage, ensuring modern efficiency and turnkey readiness.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,497 square feet for a three-bedroom residence, the interior living spaces and guest rooms may feel compact compared to more modern luxury builds in the same price bracket.
The current list price of $999,500 is notably lower than its 2021 sale price of $1,125,000, which may reflect broader market volatility or a correction in the neighborhood's premium pricing.
Discover this architecturally significant Alexander mid-century modern home in Racquet Club Estates of Palm Springs. This 3 BR, 2.5 Bath residence was designed by William Krisel in 1959 and has been meticulously renovated in 2021. Upon entering, you step into a vibrant greeting room featuring a stylish martini bar, leading seamlessly to an open-concept living space adorned with vaulted wood beam ceilings and a fireplace with exposed concrete block. The remodeled kitchen features contemporary cabinetry, quartz countertops, high end stainless steel appliances, and ample storage. This home showcases oversized 30-inch tile flooring throughout, along with a primary bedroom offering outdoor access. An expanded laundry room is conveniently located off the kitchen. Guest bedrooms are both nicely sized with ample storage and comfort for visiting guests. The backyard is a true oasis, boasting a pool, multiple sitting areas, a fire pit, an outdoor shower, and a built-in BBQ, all against the stunning backdrop of the San Jacinto mountains. Additional features include a 2 car garage with epoxy flooring, built-in cabinetry and an electric car charging port, and outside there is additional RV parking to the side of the house. The house has dual pane windows and sliders and a 5 ton AC system. This property is the epitome of mid-century living with thoughtful expansions and renovations, and is a must-see to experience the finest of Palm Springs lifestyle
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,497 | 1,939.5 | 26% |
| Lot Size | 10,890 | 9,583 | 67% |
| Price | $999.5K | $890.0K | 57% |
| Price per sq ft | $668 | $488 | 76% |
| Built year | 1959 | 1986 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 180 | 2% |
May 12, 2026
$999,500
Initial Listing
Oct 28, 2021
$1,125,000
Public Record
Apr 30, 2021
$450,000
Public Record