$1,399,000
For Sale

1055 E Racquet Club Road

Palm Springs, CA 92262
2749 sqft | 4 beds | 3.75 baths | 0.32 acres | #24456951
Listing OfficeThe Agency
Browse 41 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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. With smart home automation, upgraded pool equipment, and a complete set of brand-new furnishings, TVs, and appliances, 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 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 Details
      • SubdivisionVictoria Park/Vista Norte
      • Property SubtypeSingleFamilyResidence
      • Original List Price$1,399,000
      • ViewMountains
      • CountyRiverside
      • Property TypePurchase
      • MLS #24456951
      • MLS #24456951
      • Exterior MaterialsFirePit
      • Cost1399000
      • Bathrooms3.75
      • Acres0.32
      • Square Feet2749
      • Year Built1962
      • Bedrooms4
      • Full Baths3
      • 3/4 Baths1
      • Stories1

Location

Rami ElminoufiReal Estate Group
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Down Payment

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20.0%

Interest Rate

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5.0%

Tax Rate

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1.3%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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