775 W Racquet Club Road, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 5 bath

775 W Racquet Club Road
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 775 W Racquet Club Road, Palm Springs, California 92262 reveals a Prime Investment Opportunity with a current list price of $1,995,000—significantly undercutting the $2,075,135 Fair Market Value by 3%. This valuation gap indicates a +$80,135 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 775 W Racquet Club Road Subject | $1,995,000* List Price | 4 | 5 | 3,504 | $592 | - |
A 2379 N Leonard Road Sold | $1,950,000 | 4 | 4 | 2,874 | $678 | 0.0 mi |
B 483 W Via Escuela Sold | $1,600,000 | 5 | 4 | 3,427 | $467 | 0.4 mi |
C 371 W Stevens Road Sold | $2,100,000 | 4 | 5 | 2,899 | $724 | 0.7 mi |
D 700 W Racquet Club Road Sold | $1,520,000 | 4 | 4 | 2,642 | $575 | 0.1 mi |
E 527 W Santa Catalina Road Active | $1,788,000 List Price | 4 | 6 | 2,745 | $651 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1947, the property has been extensively reimagined, expanded, and fully renovated within the last few years. It features a high-end chef's kitchen with a 10-foot marble island and professional-grade appliances, all-new interior finishes, and modern ensuite bathrooms. The addition of a newly constructed pool, rooftop solar, and an EV-ready garage confirms that all major systems and components meet current luxury standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 17424, living area = 3504.
- Comprehensive Modern Renovation
Extensively reimagined and expanded, this home features high-end finishes, a chef's kitchen with a 10-foot marble island, and updated systems, offering a turnkey luxury experience.
- Resort-Style Outdoor Amenities
The estate-sized lot includes a 43-foot saltwater pool, a full outdoor kitchen, and a fire feature, all set against a dramatic backdrop of the San Jacinto Mountains.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Mixed School Ratings
The assigned middle and high schools have lower performance ratings (4/10), which may be a drawback for families prioritizing top-tier public education.
- Market Price Volatility
A recent price reduction from the original listing suggests the property is still adjusting to current market demands and luxury inventory competition.
About 775 W Racquet Club Road
Extensively reimagined and expanded in recent years, this property has been taken to an entirely new level with a comprehensive renovation that transformed the home inside and out. A newer kitchen and bathrooms were thoughtfully rebuilt with elevated design, complemented by all new interior finishes throughout, while additional square footage was added to enhance scale and livability. Outside, a newly constructed pool and spa anchor redesigned landscape and hardscape, creating a true indoor outdoor experience that feels both modern and resort inspired. Palm Springs reveals its most striking perspective from this Chino Canyon perch, where the San Jacinto Mountains and open desert create a backdrop of pure drama. This exceptional property delivers a rare blend of privacy, scale, and style, set on an estate-sized lot of more than seventeen thousand square feet. At the heart of the home is a chef's kitchen featuring a ten-foot marble island, professional-grade appliances, double ovens, and two dishwashers designed for effortless entertaining. Four ensuite bedrooms are thoughtfully arranged across two levels for ideal separation and flexibility, including a primary suite with soaking tub and private washer and dryer, while secondary suites open directly to the pool terrace. Outdoor living takes center stage with a forty-three-foot saltwater pool with Baja shelf and spa, multiple lounging areas, a fire feature, and a large grassy lawn. An outdoor kitchen with full refrigerator and dining area enhances the entertaining experience, while evenings come alive under custom lighting that highlights the surrounding desert landscape. Additional features include a second laundry area near the pool bath, an EV-ready garage within the gated motor court, rooftop solar, and the home is offered furnished, with select exclusions. The best of Uptown Palm Springs is just moments away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 17,424 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 1.4 mi
Raymond Cree Middle School
Grades 6-8 • 1.3 mi
Palm Springs High School
Grades 9-12 • 3.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 3,504 | 1,964 | 96% |
| Lot Size | 17,424 | 9,583 | 95% |
| Price | $2.00M | $900.0K | 89% |
| Price per sq ft | $569 | $478 | 66% |
| Built year | 1947 | 1989 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 179 | 3% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,995,000
$2,090,000
-5% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$2,090,000
Initial Listing
Sold
Jun 3, 2021
$863,500
Public Record















































