1055 E Racquet Club Road, Palm Springs, CA 92262

$1,449,000 Asking Price

4 beds
4 baths
2,749  sqft
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

Features & Amenities

Interior

General:
Recessed Lighting,Furnished
Flooring:
Tile
A/C:
Central Forced Air
Heating:
Zoned Areas,Fireplace,Forced Air Unit,Passive Solar,Other/Remarks, Natural Gas,Solar
Fireplace:
FP in Living Room,Fire Pit,Gas
Disability Feature:
None

Exterior

Pool:
Below Ground,Private,Heated Pool
Parking:
Carport,Driveway,Street, Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
R1C, 501162004
View:
Mountains/Hills,Pool,Trees/Woods

Utilities

Utilities:
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
The Agency, George Ouzounian

About Palm Springs, CA

Housing

Number of Units
36,960
Median Home Value
$441,728
Median Rent
$1,131

34.53% of housing units are renter occupied.

29.66% are vacant.

Commute

Car
48.98%
Public Transportation
0.92%
Walk to Work
1.21%
Work from Home
47.90%
Other
0.53%

The median travel time to work is 13 minutes.

People

Population
48,368
Median Age
52.50
Median Household Size
2.13

Education

High School
19.41%
Associate’s Degree
7.63%
Bachelor’s Degree
23.81%
Graduate Degree
17.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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