A rare Palm Springs Estate situated on a 1/2-acre lot - about double the lot size of a typical Palm Springs residence - spanning an expansive 22,651 sq. ft. and blending distinctive desert architecture, resort-style living, exceptional privacy, and an established investment track record with over $600,000 in total rental bookings over the past few years. (currently no waitlist for an STR permit). This stylish four-bedroom residence sits on expansive estate-sized grounds designed for effortless indoor-outdoor living and entertaining, featuring a resort-style pool, generous recreation and gathering spaces, and a full-size regulation-style private pickleball court - one of a select few of its kind in downtown Palm Springs. Inside, elevated desert style meets modern functionality with an expansive chef's kitchen featuring newly upgraded appliances, generous entertaining spaces, and a 625 sq. ft. climate-controlled game room. The estate is offered fully furnished and turnkey, with paid-off solar adding significant value (about $800/month in savings on electricity) and efficiency. For buyers seeking an investment property, this is an established, turnkey short-term rental with currently no waitlist for an STR license. The estate is situated on fee-simple land- you own the land with no land lease- and no HOA. Ideal for a sophisticated primary residence, luxury second home, potential 1031 exchange replacement property, expansion of an existing STR portfolio, or acquisition of an established high-income-producing vacation rental in one of Southern California's most iconic resort markets. A distinctive Palm Springs estate combining architecture, acreage, privacy, resort-caliber amenities, turnkey convenience, and established rental performance.
For sale
Listed by: Vacaystay Real Estate • Michael Smith • 805-750-3800
$1,475,000
2099 E Racquet Club Rd, Palm Springs, CA 92262
4beds
2,459sqft
Single Family Residence
Built in 1978
0.52 Acres Lot
$1,413,100 Zestimate®
$600/sqft
$-- HOA
What's special
Stylish four-bedroom residenceResort-style poolDistinctive desert architectureGenerous entertaining spaces
- 24 days
- 477
- 24
Zillow last checked:
Listing updated:
Listed by:
Michael Smith DRE #02119749 805-750-3800,
Vacaystay Real Estate
Source: CRMLS,MLS#: 219153587DA
Originating MLS: California Desert AOR & Palm Springs AOR
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Game Room, Living Room
Heating
- Central
Cooling
- Central Air
Features
- Furnished
- Flooring: Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Furnished: Yes
Interior area
- Total interior livable area: 2,459 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Garage, Garage Door Opener, On Street
- Attached garage spaces: 2
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground, Private
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.52 Acres
- Features: Drip Irrigation/Bubblers, Sprinkler System
Details
- Parcel number: 501291005
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1978
Community & HOA
Community
- Security: Fire Detection System, Smoke Detector(s)
- Subdivision: Desert Park Estates
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $1,288,093
- Date on market: 10/1/2026
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
- Inclusions: all Furnishings included
Estimated market value
$1,413,100
$1.34M - $1.48M
$4,897/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $1,475,000-0.3%$600/sqft |
Source: | ||
| 9/29/2026 | Listing removed | $12,000$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2026 | Price change | $12,000+14.3%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2026 | Listing removed | $1,480,000$602/sqft |
Source: | ||
| 8/14/2026 | Price change | $10,500+10.5%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2026 | Listed for sale | $1,480,000+0.3%$602/sqft |
Source: | ||
| 6/12/2026 | Price change | $9,500-9.5%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2026 | Price change | $10,500+23.5%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/22/2026 | Price change | $8,500-5.6%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2026 | Price change | $9,000-13.9%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2026 | Price change | $10,450-30.3%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2026 | Price change | $15,000+11.1%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2026 | Listed for rent | $13,500$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2026 | Listing removed | $1,475,000$600/sqft |
Source: | ||
| 12/31/2025 | Listing removed | $13,500$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/25/2025 | Price change | $13,500+59.8%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2025 | Listed for sale | $1,475,000+23.9%$600/sqft |
Source: | ||
| 9/11/2025 | Listed for rent | $8,450$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/2/2025 | Listing removed | $8,450$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2025 | Price change | $8,450+13.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2025 | Price change | $7,450-5.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2025 | Price change | $7,900-6.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2025 | Listed for rent | $8,450-15.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2025 | Listing removed | $10,000$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2025 | Listed for rent | $10,000$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/12/2021 | Sold | $1,190,000+88.9%$484/sqft |
Source: | ||
| 8/18/2020 | Sold | $630,000+292.5%$256/sqft |
Source: | ||
| 8/1/2002 | Sold | $160,500+91.3%$65/sqft |
Source: Public Record Report a problem | ||
| 7/23/1999 | Sold | $83,878$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,288,093 +2% |
| 2025 | $14,919 -2.6% | $1,262,837 +2% |
| 2024 | $15,323 -1.9% | $1,238,076 +2% |
| 2023 | $15,615 -0.1% | $1,213,800 +2% |
| 2022 | $15,635 +17.6% | $1,190,000 +88.9% |
| 2021 | $13,295 +268.9% | $630,000 +128.7% |
| 2020 | $3,604 +1.7% | $275,447 +2% |
| 2019 | $3,542 -61.5% | $270,047 +2% |
| 2018 | $9,195 +0.6% | $264,753 +2% |
| 2017 | $9,143 | $259,563 +2% |
| 2016 | $9,143 +187.1% | $254,475 +1.5% |
| 2015 | $3,185 +1.6% | $250,655 +2% |
| 2014 | $3,135 | $245,747 +0.5% |
| 2013 | -- | $244,638 +15.9% |
| 2012 | -- | $211,000 -10.3% |
| 2011 | -- | $235,140 +15.3% |
| 2010 | -- | $204,000 -12.8% |
| 2009 | -- | $233,941 +2% |
| 2008 | -- | $229,355 +2% |
| 2007 | -- | $224,859 +2% |
| 2006 | -- | $220,451 +32.3% |
| 2005 | -- | $166,660 +3.9% |
| 2003 | -- | $160,400 +53.9% |
| 2002 | -- | $104,222 +2% |
| 2001 | $1,294 +9% | $102,179 +2% |
| 2000 | $1,187 | $100,177 |
Find assessor info on the county website
Monthly payment
Est. payment





