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For sale
    • Listed by: Anselmo Real Estate
    Price cut: $50K (6/1)
    $1,049,000

    502 E Molino Rd, Palm Springs, CA 92262

    3beds
    1,816sqft
    : 
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    Single Family Residence
    Built in 1963
    10,019 Square Feet Lot
    $1,044,700 Zestimate®
    $578/sqft
    $-- HOA

    What's special

    Backyard oasisFront courtyard patioStainless steel appliancesExpansive private poolDouble-door fridgeTiki palapa barInterior laundry room
    Welcome to your Private Palm Springs Tropical Resort! This Turnkey Furnished 3-bed, 2-bath home in the historic Racquet Club neighborhood offers the perfect blend of privacy and resort-style living. With over 1,800 sq. ft., this stunning residence features an indoor movie theater with stadium seating, ideal for ultimate entertainment. Step outside to your backyard oasis, complete with an expansive private pool, Tiki Palapa bar, fire pit, and breathtaking Mountain Views. The chef's kitchen boasts granite countertops, an island, stainless steel appliances, and a double-door fridge. The primary suite offers direct pool access--perfect for a late-night swim under the stars. Additional highlights include an interior laundry room, attached 2-car garage, and front courtyard patio. Whether you're seeking a full-time residence, vacation escape, or an investment property, this home is STVR/seasonal rental-ready for immediate income potential. Enjoy proximity to shopping, dining, downtown Palm Springs, and easy I-10 access. Your desert paradise awaits! Property is also available for Long Term Rental. Call for details.
    26 days
    |
    504
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Anselmo DRE #01350245 760-861-9701,

    Anselmo Real Estate,

    John Anselmo DRE #01230889 760-413-1329,

    Anselmo Real Estate

    Source: CRMLS,MLS#: 219148151DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Primary Bedroom, Media Room, Retreat, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Kitchen
      • Features: Granite Counters, Kitchen Island, Remodeled, Updated Kitchen
      Heating
      • Forced Air
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator
      Features
      • Breakfast Area, Separate/Formal Dining Room, Furnished, Primary Suite
      • Flooring: Laminate, Tile
      • Has fireplace: Yes
      • Fireplace features: Outside
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,816 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Concrete, Covered, Enclosed
      • Exterior features: Fire Pit
      • Has private pool: Yes
      • Pool features: In Ground, Private
      • Has view: Yes
      • View description: Mountain(s), Peek-A-Boo, Pool
      Lot
      • Size: 10,019 Square Feet
      • Features: Back Yard, Front Yard, Landscaped, Level, Sprinkler System
      Details
      • Additional structures: Gazebo
      • Parcel number: 501031022
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Racquet Club East
      Location
      • Region: Palm Springs

      Financial & listing details

      • Price per square foot: $578/sqft
      • Tax assessed value: $1,028,309
      • Annual tax amount: $12,918
      • Date on market: 6/1/2026
      • Listing terms: Cash,Cash to New Loan,1031 Exchange,VA Loan
      • Inclusions: Turnkey Furnished per inventory

        Estimated market value

        $1,044,700

        $992,000 - $1.10M

        $4,623/mo

        Price history

        DateEventPrice
        6/1/2026Price change$1,049,000-4.5%$578/sqft
        Source: CDAR/ Desert Area MLS #219148151 Report a problem
        8/16/2025Pending sale$1,099,000$605/sqft
        Source: CDAR/ Desert Area MLS #219125243 Report a problem
        2/22/2025Listed for sale$1,099,000$605/sqft
        Source: Greater Palm Springs Realtors #219125243 Report a problem
        2/8/2025Listing removed$1,099,000$605/sqft
        Source: Greater Palm Springs Realtors #219119418 Report a problem
        12/16/2024Price change$1,099,000-3.6%$605/sqft
        Source: CDAR/ Desert Area MLS #219119418 Report a problem
        11/6/2024Listed for sale$1,140,000$628/sqft
        Source: CDAR/ Desert Area MLS #219119418 Report a problem
        10/7/2024Listing removed$1,140,000$628/sqft
        Source: Greater Palm Springs Realtors #219115496 Report a problem
        10/7/2024Price change$1,140,000-0.9%$628/sqft
        Source: CDAR/ Desert Area MLS #219115496 Report a problem
        8/19/2024Listed for sale$1,150,000-4.2%$633/sqft
        Source: CDAR/ Desert Area MLS #219115496 Report a problem
        8/17/2024Listing removed--
        Source: Greater Palm Springs Realtors #219113953 Report a problem
        7/15/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/9/2024Listed for sale$1,200,000+23.8%$661/sqft
        Source: Greater Palm Springs Realtors #219113953 Report a problem
        6/10/2024Price change$3,950-12.2%$2/sqft
        Source: Zillow Rentals Report a problem
        6/9/2024Listed for rent$4,500$2/sqft
        Source: Zillow Rentals Report a problem
        11/30/2021Sold$969,000-2%$534/sqft
        Source: CLAW #21769828 Report a problem
        11/16/2021Pending sale$989,000$545/sqft
        Source: CLAW #21769828 Report a problem
        10/16/2021Contingent$989,000$545/sqft
        Source: CLAW #21769828 Report a problem
        8/19/2021Listed for sale$989,000+72%$545/sqft
        Source: CLAW #21769828 Report a problem
        10/13/2016Sold$575,000-2.4%$317/sqft
        Source: CDAR/ Desert Area MLS #216025020 Report a problem
        9/9/2016Pending sale$589,000$324/sqft
        Source: HomeSmart Professionals #216025020 Report a problem
        9/2/2016Listed for sale$589,000+806.2%$324/sqft
        Source: HomeSmart Professionals #216025020 Report a problem
        7/31/1997Sold$65,000$36/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,918 -2.2%$1,028,309 +2%
        2024$13,210 -2.8%$1,008,147 +2%
        2023$13,591 +6.3%$988,380 +2%
        2022$12,781 +55.5%$969,000 +57.2%
        2021$8,219 +4.7%$616,515 +1%
        2020$7,851 +1.7%$610,194 +2%
        2019$7,716 +1.9%$598,230 +2%
        2018$7,572 +1.5%$586,500 +2%
        2017$7,461 $575,000 +440.6%
        2016$7,461 +314%$106,367 +1.5%
        2015$1,802 -0.1%$104,771 +2%
        2014$1,804 $102,721 +0.5%
        2013-- $102,259 +2%
        2012-- $100,255 +2%
        2011-- $98,290 +0.8%
        2010-- $97,558 -0.2%
        2009-- $97,792 +2%
        2008-- $95,875 +2%
        2007-- $93,996 +2%
        2006-- $92,154 +2%
        2005-- $90,348 +3.9%
        2003-- $86,956 +23.8%
        2002-- $70,251 +2%
        2001$1,237 +2.1%$68,875 +2%
        2000$1,211 $67,526

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Racquet Club Estates

          Getting around

          18 / 100
          Car-Dependent
          22 / 100
          Minimal Transit
          45 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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