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500 W Racquet Club Road, Palm Springs, CA 92262

Property · 2 recorded sales since 2015

500 W Racquet Club Road, Palm Springs, CA 92262 Sold March 2020 CRMLS
$770,000Sold March 2020

Listing Agent: Brandon Lane (DRE #01976516) · Listing Office: Coldwell Banker Realty · Contact: (760) 325-4500 · Bought with: David Housley · Keller Williams Realty · MLS #219036273PS · Source: CRMLS

0
Bathrooms
12,925 sqft
Lot Size
1958
Year Built
Property
Type
1
Stories
0
Garage
Yes
Pool
CentralAir, Zoned
Cooling
Central, NaturalGas, Zoned
Heating
Mountains
View

About this property

This mid-century modern, multi-family gem is located just outside of downtown Palm Springs and the historic Racquet Club! Ultra-private compound located in Chino Canyon with amazing mountain views adjacent to Little Tuscany. The property offers nine bedrooms, five baths, three full kitchens (two common), two laundry rooms, pebble tech pool, approximately 3,740 square feet of living space, which sits on an oversized corner lot just under 1/3 of an acre. It is currently being used as a sober living facility. Other uses include: assisted living, boutique hotel or vacation rental (buyer to confirm)--there is incredible upside potential for this property! The Palm Springs market is booming and development is inevitably moving northward. This property is in close proximity to future proposed developments such as The Racquet Club Hotel; Crescendo and Boulders communities; and Art Colony development project. Jump on this North Palm Springs multi-unit opportunity before it's too late! Appointment Only. Drive By Only. Do Not Disturb Tenants.

Listing description from the March 2020 sale, as reported to CRMLS.

Sale history

$770,000
Sold March 2020 · listed $775,000, on market January 2020 · MLS #219036273PS · Source: CRMLS
Listing Agent: Brandon Lane · Listing Office: Coldwell Banker Realty · Contact: (760) 325-4500 · Bought with: David Housley · Keller Williams Realty
$600,000
Sold December 2015 · listed $775,000, orig. $875,000, on market August 2014 · MLS #214028652DA · Source: CRMLS
Listing Agent: Maria Bradfield · Listing Office: Keller Williams Realty · Contact: (760) 969-1000 · Bought with: Michael Malloch · Keller Williams Realty
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