Golden-Hour Desert Luxury Backyard
1 / 76

2099 E Racquet Club Road E, Palm Springs, CA 92262

$1.48M4bd · 2ba · 2,459 sqft
Lot 22,651 sqft•Single Family Residence•
Active
•32d on market•MLS# 219153587

Property Description

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.

Features & Amenities

Desert Park EstatesFeeBuilt 1978

Property Details

Subdivision
Desert Park Estates
Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
2
Heating
Central
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Vinyl, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byVacaystay Real Estate, Michael R Smith·805-750-3800

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,458.40
Principal & Interest
Loan Amount
$1,180,000
Total Interest
$1,505,025
Total Payment Over 30 Years
$2,685,025
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Desert Park Estates

This property is located in Desert Park Estates, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Desert Park Estates Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

2099 E Racquet Club Road E, Palm Springs, CA 92262

Desert Park Estates · Palm Springs · Single Family Residence

$1.48M
Residential Tier
Beds
4
Baths
2
Sqft
2,459
Lot
22,651 sqft
Year
1978
$/Sqft
$600
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 3.9% above the median closed sale of $1,420,000. Price per sqft ($600) is a 17% premium to closed comps ($511).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.48M· $600/sqft
Total list price
Closed comps
vs closed median $1.42M
+$55K (+3.9%)
Active comps
vs active median $1.40M
+$75K (+5.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $511
+$89 (+17.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2090 Nicola RoadPalm Springs2002432,33912,197$599$1.40M5787
2280 Desert Park AvenuePalm Springs2005453,02817,860$512$1.55M4182
2100 Sahara RoadPalm Springs2023342,90717,860$535$1.55M20280
1450 Lorena WayPalm Springs2004442,78411,326$490$1.36M2471
1622 Julia CourtPalm Springs2006553,0569,583$417$1.27M1759
Total: 5 · Average4.04.22,822.813,765.2$510.6$1.43M68.2
Median2,907$1.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1441 Amelia WayPalm Springs200410/02/2026442,78410,454$1.40M$1.36M$4900.985470
1615 Savvy CourtPalm Springs200606/09/2026453,0569,583$1.29M$1.27M$4170.9814466
1045 Deepak RoadPalm Springs198712/30/2025342,69212,632$1.60M$1.55M$5760.9713564
1228 VerdugoPalm Springs200010/28/2026343,44015,246$1.50M$1.43M$4170.966863
2653 Kitty Hawk DrivePalm Springs196104/14/2026442,16310,019$1.50M$1.42M$6560.952662
Total: 5 · Average3.64.22,82711,586.8$1.41M$1.41M$511.2—85.4
Median2,784$1.42M$1.42M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.