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516 Racquet Club Road
Palm Springs, CA 92262
Sold
516 Racquet Club Road
Palm Springs, CA 92262
Sold
Here is your opportunity to own a piece of Palm Springs History. This unique home is an ALEXANDER Construction Company build with an addition of over 2000 square feet and is ready to be brought back to its former glory. You can take it to the next level with the plans that are in place for a spectacular yard designed to maximize the glorious mountain views and includes a built-in barbecue and large inviting pool and spa. Priced at only $175 a square foot, this 7 bedroom 7 bath home would make an excellent luxury vacation rental with a projected gross income between $110k and $120k a year. (see attached projection from Vacation Palm Springs) Newer Berber carpeting and the roof was restored a few years ago. Located a short 1.5 miles to the shops and restaurants of beautiful Downtown Palm Springs. Property was formally a sober living home.
PROPERTY INFORMATION
| MLS # | 216033116DA | Lot Size | 10,890 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 568,000
Price Per SqFt: $ 175 |
DOM | 2974 Days |
| Address | 516 Racquet Club Road | Type | Residential |
| City | Palm Springs | Sq.Ft. | 3,244 Sq. Ft. |
| Postal Code | 92262 | Garage | 2 |
| County | Riverside | Year Built | 1959 |
| Bed / Bath | 7 / 7 | Parking | 10 |
| Built In | 1959 | Status | Closed |
| Sold Date | 2016-11-30 |
INTERIOR FEATURES
| Has Fireplace | Yes |
| Fireplace Information | Gas, Living Room, Primary Bedroom |
| Has Appliances | Yes |
| Kitchen Appliances | Refrigerator, Electric Cooktop |
| Has Heating | Yes |
| Heating Information | Forced Air |
| Has Cooling | Yes |
| Flooring Information | Carpet, Tile |
| Has Spa | No |
EXTERIOR FEATURES
| Has Pool | No |
| Has Fence | Yes |
| Fencing | Block, Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $606
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 12/01/2016 | Listed | $525,000 |
| 11/07/2016 | Listed | $568,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Susan Chrnalogar, Keller Williams Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
