• 1055 E Racquet Club Road Palm Springs, CA 92262

  • $1,449,000
  • 4
    Bed(s)
  • 4
    Baths
  • 2,749
    Sq Ft
  • 13939
    Sqft
  • Listed By: George Ouzounian, The Agency, DRE #01948763
  • Source: CRMLS

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!

Property Type :

Residential

County :

Riverside

Style :

Residential

Sell a home like this and save $86,441 Find Out How

Property Details

  • 05/05 5 PM-8 PM
 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 4

Full Baths: 4

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Exterior Property Features : Barbecue,Fire Pit

Interior Features: Furnished,Open Floorplan,Quartz Counters,Recessed Lighting,Primary Suite

Windows: Blinds,Double Pane Windows

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

Fireplace: Gas,Living Room

Flooring: Tile

Cooling Features

Central Air

Air Conditioning

Heating Source

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

Has Heating

Fireplace

Fireplace Features: Gas,Living Room

Has Fireplace: 1

Building Information

Year Built: 1962

Exterior Features

Barbecue,Fire Pit

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)

Accessibility Features

None

Pool Features

Heated,In Ground,Private

Patio And Porch

Rear Porch,Concrete,Covered,Open,Patio

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.32

Lot Size Source: Assessor

Lot Size Square Feet: 13939

Listing Price Information

Original List Price: 1,449,000

Listing Contract Date: 2024-03-28

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 501162004

Garage and Parking

Garage Description: Carport,Driveway,On Street

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 331 - North End Palm Springs

Postal Code Plus 4: 2313

Directions: N Avenida Caballeros at E Racquet Club Rd

Zoning: R1C

Source Property Type: Residential

Area: 331 - North End Palm Springs

Property SubType: Single Family Residence

Building and Construction

Property Age: 62

Common Walls: No Common Walls

Property Condition: Updated/Remodeled,Turnkey

Structure Type: Single Family Residence

Year Built Source: Public Records

Total Square Feet Living: 2749

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Santa Rosa, Palm Springs, CA,92262 $2,000,000 -- -- -- 68389 Sqft
979 Las Palmas Estates .., Palm Springs, CA,92262 $4,195,000 4 5 3,400 14810 Sqft
840 N Prescott Drive, Palm Springs, CA,92262 $3,750,000 5 3 4,867 23087 Sqft
LOT 99 Overture Drive, Palm Springs, CA,92262 $75,900 -- -- -- 7405 Sqft
999 W Panorama Road, Palm Springs, CA,92262 $1,150,000 -- -- -- 25700 Sqft
Alpine Way, Palm Springs, CA,92262 $65,900 -- -- -- 7841 Sqft
977 Las Palmas Estates .., Palm Springs, CA,92262 $3,975,000 3 4 2,680 11326 Sqft
3402 Ambassador Drive #.., Palm Springs, CA,92262 $1,065,070 3 1 2,330 6534 Sqft
363 Palladium Boulevard.., Palm Springs, CA,92262 $1,422,266 3 1 3,215 6970 Sqft
20th And I-10, Palm Springs, CA,92262 $577,605 -- -- -- 67954 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/04/2024 @ 09:57

MLS: SR24046107
LISTED BY: George Ouzounian, The Agency
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $86,441 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion