1055 Racquet Club Road, Palm Springs

Active Fee Land

$1,549,000

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4

Beds

4

Baths

2,749

Square feet

0.32

Acres

Listing Agent
George Ouzounian - The Agency

About 1055 Racquet Club Road

Welcome to the Sputnik House – a captivating mid-century gem that epitomizes the Palm Springs lifestyle! Built in 1962 and extensively upgraded with $100,000 in investments, this pristine 4-bedroom, 4-bath home offers a seamless blend of modern luxury and timeless charm. Step into a stunning open-concept living area, adorned with a fireplace and anchored by a meticulously designed modern kitchen. The kitchen boasts stainless appliances, a tasteful tile backsplash, a waterfall-edge quartz countertop, and ample storage, creating a perfect hub for culinary delights. Each of the 4 bedrooms and baths has been tastefully updated, ensuring a comfortable retreat for both homeowners and guests. The spacious primary bedroom stands out with its spa-like bathroom, featuring a dual vanity, free-standing tub, and an oversized walk-in shower. Outdoors, indulge in the epitome of relaxation with a sparkling pool that provides breathtaking western mountain views. An outdoor kitchen, a covered patio, and a fire feature complete the enchanting space, offering a haven for outdoor entertainment. The property has new landscaping with color-changing automated lighting and solar panels. The Sputnik House is not just a dream home – it's an investment opportunity. Boasting a track record as a successful short-term rental, the property is fully booked for March and April, generating a lucrative $14,000 each month. With smart home automation, upgraded pool equipment, and a complete set of brand-new furnishings, TVs, and appliances (just one-year-old), this turnkey property offers a hassle-free investment experience. Furthermore, the Sputnik House sits on FEE land, meaning there's no land lease – you own the land. Plus, there's no HOA, providing flexibility and freedom for the homeowner. Situated just minutes from downtown. Don't miss your chance to own a piece of Palm Springs paradise and an investment that promises both luxury living and substantial returns. This is the Sputnik House – where mid-century elegance meets modern sophistication!

1055 Racquet Club Road is a Residential property for sale. This Residential property is on Fee land and the current price is $1,549,000. This property has 4 bedrooms and 4.00 bathrooms and it was built in 1962. 331 - North End Palm Springs property has been listed on www.geoffreymoore.com for 30 days.

Features of 1055 Racquet Club Road

MLS® # SR24046107
Price $1,549,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 2,749
Acres 0.32
Year Built 1962
Type Residential
Sub-Type Single Family Residence
Style Mid-Century Modern
Status Active

Community Information

Address 1055 Racquet Club Road
Area 331 - North End Palm Springs
Subdivision Vista Norte
City Palm Springs
County Riverside
Zip Code 92262

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Parking Carport, Driveway, On Street
Garages Carport, Driveway, On Street
View Hills, Mountain(s), Pool, Trees/Woods
Is Waterfront No
Has Pool Yes
Pool Heated, In Ground, Private

Interior

Interior Tile
Interior Features Furnished, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite
Appliances Barbecue, Dishwasher, Gas Oven, Gas Range, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Heating Central, Fireplace(s), Natural Gas, See Remarks, Zoned, Solar
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Gas, Living Room
# of Stories 1
Stories One

Exterior

Exterior Features Barbecue, Fire Pit
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Near Park, Yard
Windows Blinds, Double Pane Windows
Foundation Slab

School Information

District Palm Springs Unified

Additional Information

Date Listed March 28th, 2024
Days on Market 30
Zoning R1C
Foreclosure No
Short Sale No
RE / Bank Owned No
Land Type Fee

Listing Details

AgentGeorge Ouzounian
OfficeThe Agency

Listing Map

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