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 home-pic-0

775 W Racquet Club Road

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,504Sq Ft
17,424Lot Size

Property Price

LIST PRICE$1,995,000
EST. MARKET VALUE
$2,075,135
3% BelowMARKET VALUE

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

$2,075,135 +$80,135 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
775 W Racquet Club Road
Subject
$1,995,000*
List Price
453,504$592-
A
2379 N Leonard Road
Sold
$1,950,000442,874$6780.0 mi
B
483 W Via Escuela
Sold
$1,600,000543,427$4670.4 mi
C
371 W Stevens Road
Sold
$2,100,000452,899$7240.7 mi
D
700 W Racquet Club Road
Sold
$1,520,000442,642$5750.1 mi
E
527 W Santa Catalina Road
Active
$1,788,000
List Price
462,745$6510.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

7/10

Raymond Cree Middle School

Grades 6-8 • 1.3 mi

4/10

Palm Springs High School

Grades 9-12 • 3.2 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
70%
Baths5.03.0
95%
Square foot3,5041,964
96%
Lot Size17,4249,583
95%
Price$2.00M$900.0K
89%
Price per sq ft$569$478
66%
Built year19471989
5%
HOA$0$0
50%
Days on market43179
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

Browse Properties by State Browse housing market trends by state