Listing cover photo
1 / 1

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

$1.48M4bd · 2ba · 2,459 sqft
Lot 22,651 sqft•Single Family Residence•
Active
•10d on market•MLS# 219153587

Property Description

Rare 1/2 acre Palm Springs Estate blending distinctive desert architecture, resort-style living, exceptional privacy, and an established investment track record with over $600,000 in total rental bookings 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 · 4 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 41.5% above the median closed sale of $1,042,250. Price per sqft ($600) is a 37% premium to closed comps ($439).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.48M· $600/sqft
Total list price
Closed comps
vs closed median $1.10M
+$375K (+34.1%)
Active comps
vs active median $1.17M
+$309K (+26.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $502
+$98 (+19.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2306 Acacia RoadPalm Springs1979432,46112,197$447$1.10M2791
2090 Nicola RoadPalm Springs2002432,33912,197$599$1.40M3086
1820 Racquet ClubPalm Springs1991322,11418,295$454$959,0002281
2077 Nicola RoadPalm Springs2018442,60013,068$469$1.22M13781
2800 San Juan RoadPalm Springs1979452,15010,454$542$1.17M10181
Total: 5 · Average3.83.42,332.813,242.2$502.2$1.17M63.4
Median2,339$1.17M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2990 Farrell DrivePalm Springs201606/26/2026442,58114,375$1.22M$1.15M$4460.948481
2155 Nicola RoadPalm Springs195707/10/2026332,10810,454$999,500$984,500$4670.987980
3010 Farrell DrivePalm Springs201606/05/2026442,58112,632$1.10M$1.10M$4261.008372
2900 Cypress RoadPalm Springs200305/28/2026532,18910,454$935,000$915,000$4180.989671
Total: 4 · Average4.03.52,364.7511,978.75$1.04M$1.04M$439.25—85.5
Median2,581$1.10M$1.10M

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.