
Palm Springs, California 92262
This Renovated Hilltop Estate is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,112,172 Fair Market Value by 5%. This valuation gap provides $117,172 in Instant Equity. Boasting a Condition Rating of 2, the residence features panoramic 360-degree views, a chef’s kitchen with a marble waterfall island, and a resort-style saltwater pool and spa. With proven rental income and proximity to Katherine Finchy Elementary, it balances high-end lifestyle with fiscal performance. This is an ideal acquisition for Luxury Vacation Home Seekers or Short-Term Rental Investors.
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 | $603 | - |
A 2379 N Leonard Road Sold | $1,950,000 | 4 | 4 | 2,874 | $678 | 0.0 mi |
B 371 W Stevens Road Sold | $2,100,000 | 4 | 5 | 2,899 | $724 | 0.7 mi |
C 700 W Racquet Club Road Sold | $1,520,000 | 4 | 4 | 2,642 | $575 | 0.1 mi |
D 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.
Property is new construction or fully renovated.
This 1947 estate has undergone an extensive, high-end renovation within the last few years, bringing it to like-new condition. The interior features premium white Spanish porcelain flooring, a designer kitchen with a marble waterfall island and Thor stainless steel appliances, and modern en-suite bathrooms with porcelain tile. Major systems have been fully updated, including new plumbing, HVAC, solar, and EV charging, meeting the highest current quality standards with no deferred maintenance.
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.
The property boasts rare 360-degree views of the Palm Springs mountains, city lights, and Big Bear peaks from an elevated, private hilltop position.
This fully furnished estate features high-end finishes, including a marble waterfall island and Thor appliances, complemented by modern upgrades like solar and EV charging.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Local middle and high schools carry lower performance ratings, which may be a consideration for buyers prioritizing educational proximity for a primary residence.
The expansive 17,000+ sqft lot, mature landscaping, and large saltwater pool require significant ongoing upkeep and utility costs typical of a luxury desert estate.
An exceptional opportunity to own a 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. 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 pebble-tec saltwater 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 5.0 | 2.0 | 93% |
| Square foot | 3,504 | 1,914 | 94% |
| Lot Size | 17,424 | 9,583 | 95% |
| Price | $2.00M | $875.0K | 88% |
| Price per sq ft | $569 | $483 | 66% |
| Built year | 1947 | 1986 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 184 | 1% |
Apr 3, 2026
$1,995,000
Initial Listing
Jun 3, 2021
$863,500
Public Record