Active

1055 E Racquet Club Road

Palm Springs CA, 92262

$1,549,000


$563.48 per sqft

Active

4 Beds

4 Baths

2,749 sqft

Residential

Built in 1962

Listed by George Ouzounian with The Agency 424-230-3700

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!

SR24046107

MLS ID

March 28, 2024

Listed

April 12, 2024

Updated

Map

1055 E Racquet Club Road
Palm Springs CA, 92262

Interior Features

Total Stories

1


Bedrooms

4 Beds


Bathrooms

4 Baths


Interior Features

Furnished, Open Floorplan, Quartz Counters, Recessed Lighting, Primary Suite


Appliances

Barbecue, Dishwasher, Gas Oven, Gas Range, Refrigerator, Vented Exhaust Fan, Dryer, Washer


Floor Description

Tile


Fireplace

Yes


Fireplace Description

Gas, Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Fireplace(s), Natural Gas, Solar, See Remarks, Zoned

Exterior/Building Features

Lot Size

0.32 Acres


Exterior Features

Barbecue, Fire Pit


Lot Features

0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Near Park, Yard


Architectual Style

Mid-Century Modern


Sewer

Public Sewer

School Information

School District

Palm Springs Unified

Other Property Details

Area Name

331 - North End Palm Springs


Days on Market

13


Garage

No


Parking

Carport, Driveway, On Street


Parking Total

0


View

Yes


View Description

Hills, Mountain(s), Pool, Trees/Woods


County

Riverside


Water Source

Public


Pool

Yes


Pool Features

Heated, In Ground, Private


Zoning

R1C


Buyer Agency Compensation

2.5%

Listing Contact: 424-230-3700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/12/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/12/2024 at 7:47 PM UTC

 

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