516 E Racquet Club Rd Palm Springs, CA 92262

$525,000 Sold Price as of 11/30/2016

6 Beds
5 Baths
3,175 Sq.Ft.

Off Market

$525,000 Sold Price as of 11/30/2016 Refinance Your Mortgage

Property Overview: 516 E Racquet Club Rd Palm Springs, CA has 6 bedrooms, 5 bathrooms, 3,175 living square feet and 10,890 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

516 E Racquet Club Rd is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $789,999. The median price per/sqft for Palm Springs is $474. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $158,000 for the down payment and will need roughly $15,800 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $38,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 516 E Racquet Club Rd

Last sold for $525,000 on November 30th, 2016

December, 2023
Dec 18, 2023

Date

Expired

CRMLS: 219101366DA

$2,495,000

Price
Oct 16, 2023

Date

Active

CRMLS: 219101366DA

$2,495,000

Price
Listing provided courtesy of CRMLS

Palm Springs Jewel! Rare Alexander Home Perfect Mid-Century Modern Design Pristine Condition! OWNER FINANCING, under prime rate available for Qualified Buyer. Fully Renovated. This property includes: - Turnkey - Fully Furnished - 6 bedrooms - 6 bathrooms - Completely renovated - Open concept living and dining areas - 3 kitchen areas - 2 refrigerators - 3 dishwashers - Wall oven and gas range - 4 sinks - Full home water filtration system - Fireplace - Limitless entertainment options - Outdoor grill (natural gas) - Pool (oversized, custom design) - Pool tanning shelf - Spa (tiled) - Firepit (natural gas) - Mountain views from the raised patio deck. - Over 4000 sq. ft. of combined indoor/outdoor living space - 5 private patios (off of bedrooms) - Solar Power - 21KW solar power system (owned) - 12 tons of efficient HVAC - 7 HVAC zones: each bedroom has its own smart thermostat - Media & internet technology throughout - Smart TVs - USB charging ports - 5.1 home theater audio - High speed Internet, full coverage throughout. 1 Minute walk to Victoria Park - great dog park!Must be seen to be appreciated... great for entertaining or for a family home! Seller is related to listing agent. (Property is eligible for Palm Springs Junior Vacation Rental Permit.)

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May, 2023
May 20, 2023

Date

Expired

CRMLS: 219093734DA

$2,490,000

Price
Apr 16, 2023

Date

Active

CRMLS: 219093734DA

$2,490,000

Price
Listing provided courtesy of CRMLS

Palm Springs Jewel!Rare Alexander HomePerfect Mid-Century Modern DesignPristine Condition!Fully RenovatedThis property includes:- Turnkey - Fully Furnished- 6 bedrooms- 6 bathrooms- Completely renovated- Open concept living and dining areas- 3 kitchen areas- 2 refrigerators- 3 dishwashers- Wall oven and gas range- 4 sinks- Full home water filtration system- Fireplace- Limitless entertainment options- Outdoor grill (natural gas)- Pool (oversized, custom design)- Pool tanning shelf- Spa (tiled)- Firepit (natural gas)- Mountain views from the raised patio deck.- Over 4000 sq. ft. of combined indoor/outdoor living space- 5 private patios (off of bedrooms)- Solar Power - 21KW solar power system (owned)- 12 tons of efficient HVAC- 7 HVAC zones: each bedroom has its own smart thermostat- Media & internet technology throughout- Smart TVs- USB charging ports- 5.1 home theater audio- High speed Internet a'' full coverage throughout- 1 Minute walk to Victoria Park!- OWNER FINANCING available for Qualified Buyer (under prime rate for qualified buyers only.)Call or Text today to schedule an appointmentMust be seen to be appreciated... perfect for entertaining or for a family home!Seller is related to listing agent.

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March, 2023
Mar 6, 2023

Date

Expired

CRMLS: 219090772DA

$2,590,000

Price
Feb 11, 2023

Date

Active

CRMLS: 219090772DA

$2,590,000

Price
Listing provided courtesy of CRMLS

Palm Springs Jewel!Rare Alexander HomePerfect Mid-Century Modern DesignPristine Condition!Fully RenovatedThis property includes:- Turnkey - Fully Furnished- 6 bedrooms- 6 bathrooms- Completely renovated- Open concept living and dining areas- 3 kitchen areas- 2 refrigerators- 3 dishwashers- Wall oven and gas range- 4 sinks- Full home water filtration system- Fireplace- Limitless entertainment options- Outdoor grill (natural gas)- Pool (oversized, custom design)- Pool tanning shelf- Spa (tiled)- Firepit (natural gas)- Mountain views from the raised patio deck.- Over 4000 sq. ft. of combined indoor/outdoor living space- 5 private patios (off of bedrooms)- Solar Power - 21KW solar power system (owned)- 12 tons of efficient HVAC- 7 HVAC zones: each bedroom has its own smart thermostat- Media & internet technology throughout- Smart TVs- USB charging ports- 5.1 home theater audio- High speed Internet a" full coverage throughout- 1 Minute walk to Victoria Park!- OWNER FINANCING available for Qualified BuyerCall or Text today to schedule an appointmentMust be seen to be appreciated... a perfect for entertaining or for family home!Seller is related to listing agent.

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October, 2022
Oct 27, 2022

Date

Canceled

CRMLS: 219084954PS

$2,895,000

Price
Sep 26, 2022

Date

Active

CRMLS: 219084954PS

$2,895,000

Price
Listing provided courtesy of CRMLS

Owner Financing to Qualified Buyer. Currently used as a successful vacation rental! Turnkey (fully furnished.) Beautifully renovated. Rare 6 bedroom Mid-Century Alexander - in high demand (at present, only 2.5% of VR properties in PS are 6 bdrms.) Strong rental income history. Potential for property manager to remain. Careful screening, combined with impeccable customer service has made this property a 5-Star Vacation Rental - over 60 AirBnB 5-star reviews. This property is a one-of-a-kind, 1959, Mid-Century Modern home: 6 bedrooms, 6 en-suite bathrooms, open concept living/dining/kitchen, pool/spa, outdoor kitchen & more! Over 4000 sq. ft. of combined indoor/outdoor living space. Limitless options to entertain with 3 kitchen areas, incl. 4 sinks, 3 dishwashers, 2 refrigerators, wall oven & gas range. The private outdoor spaces include covered living and dining areas with natural gas grill, 5 private patios, and natural gas fire pit. This beautiful home also includes a custom, oversized pool with tanning shelf and a tiled SPA. Enjoy sunny days and mountain views from the raised patio deck with multiple lounge chairs. This green home is powered by a 21KW (owned) solar power system, 12 tons of efficient HVAC (7 HVAC zones: each bdrm has its own smart thermostat.) Media & internet technology throughout: smart TVs, USB charging ports, 5.1 home theater audio system and full high speed internet coverage. 2-car garage + 4-onsite parking spaces. Must be seen to be appreciated!

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May, 2022
May 26, 2022

Date

Canceled

CRMLS: 219078094PS

$3,199,000

Price
May 2, 2022

Date

Active

CRMLS: 219078094PS

$3,199,000

Price
Listing provided courtesy of CRMLS

Property has been placed on 'Hold' during the Summer off-season. Home to be re-listed in the Fall. Please call listing agent only for showing requests, info and questions. Newly renovated and expanded, Rare 1959 Mid-Century Modern home. Perfectly restored while maintaining the architectural integrity of Alexander's and Krisel's original vision. Six generously sized en-suite bedrooms, expansive open concept living/dining/kitchen, pool/spa, outdoor kitchen and more! Over 4000 sq. ft. of combined indoor/outdoor living space. This luxurious, Designer Alexander home is one of the largest Mid-Century homes of its kind in the Racquet Club Estates enclave. Limitless options to entertain with 3 kitchens, including 4 sinks, 3 dishwashers, 2 refrigerators, KitchenAid 5 burner gas range, convection wall oven, microwave, plus a wide array of complementary small appliances & cooking tools. The private outdoor spaces include living and dining areas, kitchen w/gas grill, 5 private patios, cozy fire pit and ample seating for all. Splash in the pool with tanning shelf or take a relaxing soak in the tiled 6-person spa. Enjoy stunning mountain views, and our glorious sunshine from the raised patio deck with multiple lounge chairs. This green home is powered by a 21KW (owned) solar system, 12 tons of efficient heating/air (7 zones; incl. each bedroom w/Ecobee smart thermostats), plus state-of-the-art LED lighting throughout.

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December, 2016
Dec 2, 2016

Date

Sold

CRMLS: 216033116DA

$525,000

Price
Nov 21, 2016

Date

Pending

CRMLS: 216033116DA

$568,000

Price
Nov 8, 2016

Date

Active

CRMLS: 216033116DA

$568,000

Price
Listing provided courtesy of CRMLS

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.

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November, 2016
Nov 30, 2016

Date

Sold (Public Records)

Public Records

$525,000

Price
April, 2016
Apr 20, 2016

Date

Price Change

CRMLS: 216013144DA

$4,000

Price
Listing provided courtesy of CRMLS

Perfect for a large family, possible board and care. Move in ready. Newer Berber carpet. Also available for purchase. MLS 216012662

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April, 2016
Apr 15, 2016

Date

Price Change

CRMLS: 216012662DA

$598,000

Price
Listing provided courtesy of CRMLS

The main house is an Alexander Construction Company home, just waiting to be restored to it's former glory. The possibilities are endless. Luxury Vacation Rental or Board and Care are just a couple of options. Newer Berber carpeting and the roof was restored a few years ago. Located a short distance of 1.5 miles to Downtown Palm Springs. Estimated gross income as a Vacation Rental 110k to 120k with pool and spa. See attached estimate from Vacation Palm Springs.

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January, 2016
Jan 30, 2016

Date

Price Change

CRMLS: 216003809DA

$648,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to restore this Alexander Construction Company home located across the street from screen star Debbie Renyold's house. The possibilities are endless. Luxury Vacation Rental, Board and Care are just a couple of possibilities. A short distance of 1.5 miles to Downtown Palm Springs.

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November, 2015
Nov 13, 2015

Date

Sold (Public Records)

Public Records

$502,500

Price
October, 2015
Oct 7, 2015

Date

Price Change

CRMLS: 215029162DA

$599,000

Price
Listing provided courtesy of CRMLS

This spacious 7 bedroom/7 bath single story home is perfect for a multigenerational family or possible board and care? Recently restored with new berber carpeting, tile flooring and repainted. Fireplaces in Master bdrm, fam room and living room. New window coverings. Roof restored, new 3.5 ton A/c for 4 bedrooms, 5 ton A/C only 4 years old, (2) large Water Heaters, Water Softener, Swamp Cooler, sump-pump, plenty of outside storage, rain gutters, RV parking and two car garage with drive thru access. Kitchen has new dishwasher, garbage disposal and glass front cabinets. The desert landscape and sprinkler system is new. There is extensive outside security lighting and gates for privacy. The mountain views from this home is beautiful! Don't miss out on this opportunity... this makes the perfect home for a large family. Close to transportation, shopping, parks and schools..It is ideal for the right family..Have a look today..call Holly for appointment to see..

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Tax History for 516 E Racquet Club Rd

Assessed Value (2021): $600,993

Year	Land Value	Improved Value	Assessed Value
2021	$167,140	$433,853	$600,993

About 516 E Racquet Club Rd

Detailed summary of property

516 E Racquet Club Rd is a single family home in Palm Springs, CA 92262 and last sold on November 30, 2016 for $525,000. This house has 6 bedrooms, 5 bathrooms, roughly 3,175 living square feet, and sits on an approximately 10,890 square foot lot. Homes in Palm Springs are selling for a median price of $775,000 and a median price per square foot of $455. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 32.26% lower than the current median priced home. 516 E Racquet Club Rd was last sold on November 30, 2016 for $525,000. The average home in Palm Springs, CA is selling in 108 days. There are currently 895 homes for sale in the Palm Springs real estate market and 453 of them are single family homes while 426 of them are condos and 16 are townhomes. If you are the homeowner and looking to sell the home at 516 E Racquet Club Rd Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 516 E Racquet Club Rd

Public county record property details

Beds: 6
Baths: 5
Year built: 2019
Sq. Ft.: 3,175
Lot Size: 10,890
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 69
APN: 501-061-032

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$839,900

Median List Price/Sq.Ft.

$496

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

498

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (15.6%), FHA (2.75%), VA (1.83%), Cash (38.53%), Other (14.68%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote