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