Active
1055 E Racquet Club RD
PALM SPRINGS CA, 92262
$1,549,000
$563.48 per sqft
Active
4 Beds
4 Baths
2,749 sqft
Residential
Built in 1962
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!
SR24046107MR
MLSⓇ ID
March 28, 2024
Listed
April 12, 2024
Updated
Map
1055 E Racquet Club RD
PALM SPRINGS CA, 92262
Interior Features
Total Stories
1
Bedrooms
4 Beds
Bathrooms
4 Baths
Appliances
Barbeque, Dishwasher, Dryer, Dryer Included, Refrigerator, Vented Exhaust Fan, Washer, Washer Included
Laundry Description
Dryer, Dryer Included, Washer, Washer Included
Fireplace
Yes
Fireplace Description
Fire Pit, Gas, Living Room
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central, Natural Gas, Other, Solar, Zoned
Exterior/Building Features
Lot Size
0.32 Acres
Sewer
Public Sewer
School Information
School District
Palm Springs Unified
Other Property Details
Area Name
Palm Springs North End
Days on Market
13
Garage
No
Parking
Carport, Driveway, On street
Parking Total
0
View
Yes
View Description
Hills, Trees/Woods
County
Riverside
Water Source
Public
Pool
Yes
Pool Features
Heated, In Ground, Private
Zoning
R1C
Listed by George Ouzounian with The Agency
Listing Contact: 818-900-4259
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Black Label Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/12/2024