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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
    : 
    $9,805/mo
    Get pre-qualified
    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
    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.
    24 days
    477
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Smith DRE #02119749 805-750-3800,

    Vacaystay Real Estate

    Source: CRMLS,MLS#: 219153587DAMLS LogoOriginating 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

        DateEventPrice
        10/1/2026Listed for sale$1,475,000-0.3%$600/sqft
        Source: Greater Palm Springs Realtors #219153587 Report a problem
        9/29/2026Listing removed$12,000$5/sqft
        Source: Zillow Rentals Report a problem
        9/7/2026Price change$12,000+14.3%$5/sqft
        Source: Zillow Rentals Report a problem
        8/29/2026Listing removed$1,480,000$602/sqft
        Source: Greater Palm Springs Realtors #219149524 Report a problem
        8/14/2026Price change$10,500+10.5%$4/sqft
        Source: Zillow Rentals Report a problem
        6/23/2026Listed for sale$1,480,000+0.3%$602/sqft
        Source: Greater Palm Springs Realtors #219149524 Report a problem
        6/12/2026Price change$9,500-9.5%$4/sqft
        Source: Zillow Rentals Report a problem
        5/18/2026Price change$10,500+23.5%$4/sqft
        Source: Zillow Rentals Report a problem
        4/22/2026Price change$8,500-5.6%$3/sqft
        Source: Zillow Rentals Report a problem
        4/14/2026Price change$9,000-13.9%$4/sqft
        Source: Zillow Rentals Report a problem
        4/9/2026Price change$10,450-30.3%$4/sqft
        Source: Zillow Rentals Report a problem
        4/2/2026Price change$15,000+11.1%$6/sqft
        Source: Zillow Rentals Report a problem
        2/13/2026Listed for rent$13,500$5/sqft
        Source: Zillow Rentals Report a problem
        2/13/2026Listing removed$1,475,000$600/sqft
        Source: Greater Palm Springs Realtors #219136680 Report a problem
        12/31/2025Listing removed$13,500$5/sqft
        Source: Zillow Rentals Report a problem
        12/25/2025Price change$13,500+59.8%$5/sqft
        Source: Zillow Rentals Report a problem
        10/9/2025Listed for sale$1,475,000+23.9%$600/sqft
        Source: Greater Palm Springs Realtors #219136680 Report a problem
        9/11/2025Listed for rent$8,450$3/sqft
        Source: Zillow Rentals Report a problem
        9/2/2025Listing removed$8,450$3/sqft
        Source: Zillow Rentals Report a problem
        7/9/2025Price change$8,450+13.4%$3/sqft
        Source: Zillow Rentals Report a problem
        5/23/2025Price change$7,450-5.7%$3/sqft
        Source: Zillow Rentals Report a problem
        4/8/2025Price change$7,900-6.5%$3/sqft
        Source: Zillow Rentals Report a problem
        4/2/2025Listed for rent$8,450-15.5%$3/sqft
        Source: Zillow Rentals Report a problem
        3/17/2025Listing removed$10,000$4/sqft
        Source: Zillow Rentals Report a problem
        3/4/2025Listed for rent$10,000$4/sqft
        Source: Zillow Rentals Report a problem
        11/12/2021Sold$1,190,000+88.9%$484/sqft
        Source: CDAR/ Desert Area MLS #219067990 Report a problem
        8/18/2020Sold$630,000+292.5%$256/sqft
        Source: CDAR/ Desert Area MLS #219039333 Report a problem
        8/1/2002Sold$160,500+91.3%$65/sqft
        Source: Public Record Report a problem
        7/23/1999Sold$83,878$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Climate risks

        Neighborhood: Ranch Club

        Getting around

        50 / 100
        Somewhat Walkable
        29 / 100
        Some Transit

        Nearby schools

        GreatSchools rating

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