
Palm Springs, California 92262
This Turnkey Hilltop Estate represents a Strong Value Opportunity, listed at $1,945,000—positioned well below the $2,175,612 Fair Market Value by 10%. This valuation gap offers $230,612 in Instant Equity. Boasting an Excellent Condition Rating, the property features a new saltwater pool, chef’s kitchen, and panoramic 360-degree views. With proven short-term rental income and a prime Chino Canyon location, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 775 W Racquet Club Road Subject | $1,945,000* List Price | 4 | 5 | 3,504 | $621 | - |
A 2379 N Leonard Road Sold | $1,950,000 | 4 | 4 | 2,874 | $678 | 0.0 mi |
B 2170 N Via Monte Active | $1,999,000 List Price | 5 | 5 | 3,331 | $600 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1947, the property has undergone a complete high-end transformation within the last 5 years. It features a brand-new kitchen with marble waterfall islands and Thor appliances, updated en-suite bathrooms with porcelain tile, and full replacement of critical systems including plumbing, electrical, and HVAC. The mint, turnkey condition and modern amenities like solar and EV charging meet the highest standard of the Excellent rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 3504.
Perched on a hilltop in Chino Canyon, the property offers rare 360-degree views of the San Jacinto Mountains, city lights, and desert vistas, significantly increasing its luxury appeal and market value.
Sold fully furnished and renovated, this property is a proven successful short-term rental located in a neighborhood where STR permits are currently available, offering immediate cash flow potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3504, other record living area = 3721.
The assigned public schools, including Raymond Cree Middle and Palm Springs High, have average to lower ratings (4-6), which may impact appeal for primary-residence families.
Situated in the North End's Chino Canyon, the property is located in a known wind-prone area of Palm Springs, which can occasionally affect the comfort of outdoor resort-style living.
An exceptional opportunity to own a highly SUCCESSFUL short term vacation rental, TURNKEY fully furnished renovated HILLTOP estate in Chino Canyon with jaw-dropping 360 views, resort-style amenities, and proven vacation rental income! This gorgeous retreat captures truly breathtaking panoramic views, stretching across the iconic Palm Springs mountains, sparkling city lights, and even snow-capped peaks of Big Bear. From sunrise to sunset, every angle of this property is designed to showcase the beauty of the desert from an elevated, private vantage point. This home has undergone a complete transformation featuring a brand new saltwater pebble tec pool, additional permitted square footage, 36 inch Spanish square tile throughout, new kitchen, bathrooms, plumbing, electrical and much more (full list of improvements available). Spanning over 3,500 square feet and situated on an oversized lot of more than 17,000 square feet, this completely remodeled home offers both space and privacy in a truly spectacular setting. All four bedrooms are en-suite and each with its own walk-in closet. Two bedrooms are located upstairs and two downstairs with both levels offering direct access to the backyard, creating an ideal layout for seamless indoor-outdoor living and guest privacy. The primary suite is a true retreat, complete with a soaking tub and a private laundry area conveniently located within the walk in closet. The immense kitchen is both stunning and functional, featuring quartz countertops, a striking marble waterfall island, stainless steel appliances including a Thor double oven, soft-close cabinetry, and a walk-in pantry. Designed for both relaxation and entertaining, the outdoor spaces are truly resort-inspired. Enjoy the massive sparkling pool with new equipment and heater, a built-in gas firepit, and a fully equipped outdoor kitchen complete with BBQ, sink, and refrigerator, all set against a dramatic backdrop of mountain views and windmill vistas. Lush grass, mature ficus, and natural rock and boulder landscaping enhance the sense of privacy and tranquility. Inside, the home features white Spanish porcelain flooring, beautifully finished bathrooms with porcelain tile showers, and a gas fireplace that welcomes you at the entry. A separate outdoor laundry room and pool bathroom add convenience for guests and effortless entertaining. Additional highlights include a motorized gated entry, security system, solar system, new plumbing (hot and cold supply), updated downstairs HVAC, EV charging in the covered two car garage, and fully permitted improvements throughout. This property is not only a stunning primary or second home, but also a highly successful vacation rental. Located in a neighborhood where short-term rental permits are still available (buyer to verify), it presents an exceptional investment opportunity with strong income potential. Here is your chance to own a meticulously upgraded desert sanctuary with unmatched views, privacy, income potential, and lifestyle amenities just minutes from the heart of Palm Springs.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,504 | 2,076 |
| Lot Size | 17,424 | 10,454 |
| Price | $1.95M | $1.04M |
| Price per sq ft | $555 | $525 |
| Built year | 1947 | 1977 |
| HOA | $0 | $332 |
| Days on market | 21 | 75 |
Jul 1, 2026
$1,945,000
Initial Listing
Jun 3, 2021
$863,500
Public Record