859 E Grace Circle, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Mid-Century Modern Architectural Masterpiece is a Strong Value Opportunity, listed at $859,000—positioned well below the $919,566 Fair Market Value by 6%. This valuation gap offers $60,566 in Instant Equity. Featuring a Condition Rating of 2, this turnkey home boasts a renovated quartz kitchen, panoramic mountain views, and a private kidney-shaped pool. Located on fee land in the iconic Racquet Club Estates, it is an ideal acquisition for Owner-Occupants seeking a lifestyle sanctuary or design-focused investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 859 E Grace Circle Subject | $859,000* List Price | 3 | 2 | 1,225 | $751 | - |
A 600 E Alexander Way Sold | $825,000 | 3 | 2 | 1,225 | $673 | 0.3 mi |
B 2550 N Kitty Hawk Drive Sold | $965,000 | 3 | 2 | 1,225 | $788 | 0.1 mi |
C 406 E Desert Holly Circle Sold | $1,075,000 | 3 | 2 | 1,225 | $878 | 0.3 mi |
D 2164 N Milben Circle Sold | $1,047,500 | 3 | 2 | 1,200 | $873 | 0.4 mi |
E 859 E Grace Circle Sold | $775,000 | 3 | 2 | 1,225 | $633 | 0.0 mi |
F 888 E Janet Circle Sold | $915,000 | 3 | 2 | 1,225 | $747 | 0.1 mi |
G 805 E Garden Road Sold | $1,060,000 | 3 | 2 | 1,557 | $681 | 0.1 mi |
H 2272 N Starr Road Sold | $750,000 | 3 | 2 | 1,416 | $530 | 0.3 mi |
I 2695 N Mccarn Road Active | $985,000 List Price | 3 | 2 | 1,225 | $804 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive contemporary renovation within the last 5 years. Key updates include a high-end kitchen with quartz waterfall countertops and new stainless appliances, an updated electrical panel, fresh interior/exterior paint, and modern flooring throughout. The home is in mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1225.
Designed by William Krisel and built by the Alexander Construction Company, this home represents a highly sought-after piece of mid-century modern history in the prestigious Racquet Club Estates.
The property is located on fee land, meaning you own the land outright with no monthly land lease payments, a significant financial advantage in the Palm Springs market.
The property was recently sold within the past year on 2026-02-20. The sold price is $775,000.00.
With only 1,225 square feet distributed across three bedrooms, the interior living spaces and individual room sizes may feel compact for some buyers.
The use of virtual staging in listing photos may mask the actual scale or current condition of the interior, potentially leading to mismatched expectations during physical tours.
Located on a quiet cul de sac in the highly sought after Racquet Club Estates, and right next door to the iconic Steve McQueen House, this exceptional William Krisel designed home, built by the renowned Alexander Construction Company, perfectly blends timeless mid-century modern architecture with thoughtful contemporary updates. Freshly painted inside and out, the home has been enhanced by the removal of the acoustic ceilings to reveal the original tongue and groove ceilings, complemented by exposed wood beams and signature clerestory windows that fill the home with abundant natural light. Soaring ceilings and an open concept floor plan create an airy, inviting atmosphere ideal for everyday living and entertaining.The beautifully updated kitchen features stunning quartz countertops, a custom island, and stainless steel appliances, all flowing seamlessly into the spacious living area. A cozy wood burning fireplace anchors the space, while walls of glass frame magnificent panoramic west facing mountain views.Step outside to your own private desert retreat featuring a classic kidney shaped pool, an expansive backyard, and plenty of space to relax, entertain, or simply enjoy the breathtaking San Jacinto Mountain backdrop. The private primary suite offers direct access to the backyard and pool, creating the perfect indoor-outdoor lifestyle Palm Springs is known for.Additional improvements include an updated electrical panel, fresh interior and exterior paint, and numerous modern upgrades while preserving the home's architectural integrity.Situated on fee land (you own the land) with no land lease, this remarkable property offers the perfect combination of iconic mid century design, privacy, and modern convenience. Just minutes from downtown Palm Springs, you'll enjoy easy access to world-class dining, shopping, entertainment, golf, and all the vibrant amenities that make Palm Springs one of the most desirable destinations in the desert.Whether you're searching for a full-time residence, weekend getaway, or an iconic piece of Palm Springs architectural history, this beautifully updated Krisel masterpiece is not to be missed.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,225 | 2,076 |
| Lot Size | 10,019 | 10,454 |
| Price | $859.0K | $1.04M |
| Price per sq ft | $701 | $525 |
| Built year | 1960 | 1977 |
| HOA | $0 | $332 |
| Days on market | 15 | 75 |
Jul 7, 2026
$859,000
Initial Listing
Feb 20, 2026
$775,000
Public Record