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.
Single-familyProperty Type
1978Year Built
0.52 acresLot Size
$600Price/Sq.Ft.
2 garage spacesParking
Listed by Michael Smith•DRE #02119749• Vacaystay Real Estate
Racquet Club South, located between N Indian Canyon Dr and N Palm Canyon Dr, is a residential and resort-style Palm Springs neighborhood with midcentury-modern streetscapes and mountain-view backdrops. The neighborhood’s character concentrates around the Palm Springs Visitor Center at N Palm Canyon Dr and E Tramview Rd, where desert landscaping, design-minded stops, and steady road-trip energy set the tone. Architectural lines lean low-slung and modern, with palms, gravel gardens, and breezeways shaping the streets. The Palm Springs Air Museum adds hangar-scale history nearby, while the Palm Springs Aerial Tramway frames the north-end horizon. Ruth Hardy Park brings open lawns and courts into the weekly rhythm. Desert drives and bike routes trace the base of the San Jacinto Mountains.
Provided by Walk Score and Local Logic
Offer insights
2099 E Racquet Club Rd E · $1,475,000
$1.5M and above
75% chance or better to win
Why $1.5M+ is a strong offer
DAYS ON MARKET
11 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Turnkey furnished
Gas fireplace in the living room (1 total)
Bathrooms
2 full bathrooms
Flooring
Vinyl flooring
Tile flooring
Heating & cooling
Central heating
Central air conditioning
Ceiling fans
Exterior features
Private in-ground pool
In-ground heated spa (gas heated)
Sprinkler and drip irrigation systems
Mountain views
Fire alarm
Sprinkler system for fire safety
Home design
Detached single-family home
One story (ground level)
Parking
Attached 2-car garage with garage door opener
On-street parking and driveway
Total of 8 parking spaces (6 uncovered/assigned)
RV parking area approximately 15 x 30
Security
Fire alarm
Property has sprinklers
Construction
Property recorded as one story
Year built (source: appraiser)
Utilities
Sewer: in street on bond
PUD: No
HOA & community
No monthly association fee
Financial info
Short-term rentals allowed
Listing terms include Conventional, 1031 Exchange, FHA, Cash to New Loan, Cash
Other
Fee simple land
Electricity and solar
View estimated energy costs and solar savings for this home
Established to provide a variety of low-density housing types and neighborhoods. Development standards are designed to provide protection and enhancement of the natural and urban setting consistent with the goals of the general plan.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Other
May 12, 2026 • Final
Building (residential) - single family dwelling - additions/alterations
Convert an existing office into a bedroom by relocating an interior drywall partition. Install a new bedroom closet that meets code requirements.
Addition
Dec 3, 2025 • Final
Building (residential) - single family dwelling - additions/alterations
Convert an existing office into a bedroom by relocating an interior drywall partition. Install a new bedroom closet that meets code requirements.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
3/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Palm Springs, CA • 92262
Average low and high temperatures (°F)
66
50
73
55
79
60
79
60
86
66
96
75
101
80
101
80
91
74
87
68
72
56
71
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 21% for direct sun exposure in Palm Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2099 E Racquet Club Rd E
$1,433,971
$41K under list price of $1.48M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $700K to $1.4M.