1055 E Racquet Club Road, Palm Springs, CA 92262

  • $1,549,000
1055 E Racquet Club Road, Palm Springs, CA 92262
For Sale

1055 E Racquet Club Road, Palm Springs, CA 92262

1055 E Racquet Club Road, Palm Springs, CA 92262
  • $1,549,000


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!

Listing Provided By:
The Agency

  • Address 1055 E Racquet Club Road, Palm Springs, CA
  • City Palm Springs
  • State/county California
  • Zip/Postal Code 92262
  • Area 331 - North End Palm Springs


Updated on April 23, 2024 at 1:42 am
  • Property ID: SR24046107
  • Price: $1,549,000
  • Property Size: 2749 sqft
  • Land Area: 13939 sqft
  • Bedrooms: 4
  • Bathrooms: 4
  • Year Built: 1962
  • Property Type: Single Family Home
  • Property Status: For Sale

Additional details

  • Garage Spaces: 0.00
  • Full Bathrooms: 4
  • Original Price: 1549000.00
  • Cooling: Central Air
  • Fireplace: 1
  • Fireplace Features: Living Room,Gas,Fire Pit
  • Heating: Central,Fireplace(s),Natural Gas,See Remarks,Solar,Zoned
  • Interior Features: Furnished,Open Floorplan,Quartz Counters,Recessed Lighting
  • Kitchen Appliances: Kitchen Open to Family Room,Quartz Counters
  • Exterior Features: Barbecue Private
  • Parking: Carport,Driveway,Street
  • Pool Y/N: 1
  • Property Style: Mid Century Modern
  • Sewer: Public Sewer
  • Stories: 1
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • View: Hills,Mountain(s),Pool,Trees/Woods
  • Water: Public

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Sarah Polley
  • Sarah Polley