Rare Mid-Century Butterfly Roof Alexander expanded to a spacious 5 Bedrooms & 3 Bathroom masterpiece. This legendary design has been tastefully updated with a new pebble finish pool, pool equipment, fencing, landscaping, flooring and completely repainted. The commanding double entry door leads to the expansive open concept kitchen, living room, multiple dining areas plus a separate wet bar & fireplace. An entertainment dream! Large double sliding doors lead to the outdoor dining area, pool, fire pit, BBQ, and hot tub seamlessly connecting the indoor and outdoor spaces with the mesmerizing views of the snow-capped San Jacinto mountains. The primary suite offers a luxurious soaking tub, double fireplace, and private outdoor space. The 4 other bedrooms are generous and tastefully furnished! An oversized garage is ready to accommodate multiple vehicles and storage needs, and a large, gated side yard provides ample space for additional parking, an RV, or outdoor games. Located about a mile from renowned dining, shopping, and the good vibes of Downtown Palm Springs! Previously a very successful vacation rental with over 200k per year in gross income with several notable guests and companies leasing the property. The home comes completely furnished - ready to move in or start leasing! Whether you are looking for an investment property, weekend getaway, warm escape or roomy family compound this extremely rare Alexander checks all the boxes! No HOA! No land Lease! Junior Vacation Rental Permits Allowed! Massive solar array leased for $279/Month results in very low electric bill!
Sold for $1,377,777
$1,377,777
766 E Spencer Dr, Palm Springs, CA 92262
5beds
2,621sqft
Residential
Built in 1959
10,454 Square Feet Lot
$1,338,400 Zestimate®
$526/sqft
$5,898 Estimated rent
Home value
$1,338,400
$1.22M - $1.47M
$5,898/mo
Zestimate® history
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$8,743/mo
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Zillow last checked:
Listing updated:
Listed by:
Paul Fisher DRE # 02018310 808-366-1680,
Compass 310-437-7500,
Brian Gonzalez DRE # 02124526,
COMPASS
Bought with:
John Murasky, DRE # 01941754
Bennion Deville Homes
Source: CLAW,MLS#: 24-399259
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Rooms
- Room types: Dining Room, Entry, Living Room
Heating
- Central
Cooling
- Air Conditioning, Central Air, Gas, Zoned, Heat Pump
Appliances
- Included: Built-In Gas, Built-In Electric, Range Hood, Disposal, Freezer, Dryer, Dishwasher, Barbeque, Refrigerator, Range/Oven, Recirculated Exhaust Fan, Washer, Gas Water Heater
- Laundry: Laundry Room
Features
- Recessed Lighting, Wet Bar, Turnkey, Ceiling Fan(s), Kitchen Island, Dining Area
- Flooring: Mixed
- Windows: Skylight(s), Blinds, Tinted Windows
- Number of fireplaces: 2
- Fireplace features: Bath, Double Sided, Dining Room
- Furnished: Yes
Interior area
- Total structure area: 2,621
- Total interior livable area: 2,621 sqft
Property
Parking
- Total spaces: 5
- Parking features: Attached, RV Gated, RV Possible, RV Access/Parking, Garage - 2 Car
- Attached garage spaces: 2
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Ground Level - no steps
- Pool features: Heated, Heated And Filtered
- Has spa: Yes
- Spa features: Heated with Gas, In Ground, Hot Tub, Tub With Jets
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,454 Square Feet
- Dimensions: 100 x 100
Details
- Additional structures: None
- Parcel number: 501121025
- Zoning: R1C
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century
- Property subtype: Residential
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Foam
Condition
- Updated/Remodeled
- Year built: 1959
Utilities & green energy
- Water: District
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: Security Lights, Smoke Detector(s), Other, Card/Code Access, Carbon Monoxide Detector(s), Gated
HOA
- Has HOA: No
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $526/sqft
- Tax assessed value: $1,376,774
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2024 | Sold | $1,377,777+15.8%$526/sqft |
Source:  CLAW #24-399259 Report a problem | ||
| 6/22/2021 | Sold | $1,190,000+365.8%$454/sqft |
Source:  Greater Palm Springs Realtors #219059785 Report a problem | ||
| 8/3/2020 | Sold | $255,500-62.1%$97/sqft |
Source: Public Record Report a problem | ||
| 8/13/2018 | Sold | $675,000+22.7%$258/sqft |
Source: Public Record Report a problem | ||
| 10/6/2015 | Sold | $550,000+7.8%$210/sqft |
Source: Public Record Report a problem | ||
| 3/28/2007 | Sold | $510,000+423.1%$195/sqft |
Source: Public Record Report a problem | ||
| 9/30/1999 | Sold | $97,500-0.5%$37/sqft |
Source: Public Record Report a problem | ||
| 12/10/1993 | Sold | $98,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,376,774 +2% |
| 2025 | $15,847 -6.2% | $1,349,780 +7.2% |
| 2024 | $16,888 -0.9% | $1,259,504 +2% |
| 2023 | $17,034 +2% | $1,234,809 +1.7% |
| 2022 | $16,695 +81.4% | $1,213,800 +75.2% |
| 2021 | $9,203 +4.3% | $692,816 +0.6% |
| 2020 | $8,824 | $688,500 +2% |
| 2019 | -- | $675,000 +15.3% |
| 2018 | $7,560 +3.8% | $585,480 +4.4% |
| 2017 | $7,286 | $561,000 +2% |
| 2016 | $7,286 +2.4% | $550,000 -3.3% |
| 2015 | $7,118 +6.4% | $568,525 +7.5% |
| 2014 | $6,691 | $529,000 +3.7% |
| 2013 | -- | $510,000 +17.8% |
| 2012 | -- | $433,000 +44.3% |
| 2011 | -- | $300,000 +6.4% |
| 2010 | -- | $282,000 -30.5% |
| 2009 | -- | $406,000 +2.5% |
| 2008 | -- | $396,000 -22.4% |
| 2007 | -- | $510,000 +365.1% |
| 2006 | -- | $109,653 +2% |
| 2005 | -- | $107,503 +3.9% |
| 2003 | -- | $103,467 +2% |
| 2002 | -- | $101,439 +2% |
| 2001 | $1,263 +2.2% | $99,450 +2% |
| 2000 | $1,235 | $97,500 |
Find assessor info on the county website
Neighborhood: Racquet Club Estates
Nearby homes
- $912,9003 bd2 ba1.6k sqft792 E Spencer Dr, Palm Springs, CA 92262Off Market
- $919,0003 bd2 ba1.2k sqft795 E Racquet Club Rd, Palm Springs, CA 92262For Sale
- $1,095,0004 bd3 ba2k sqft724 E Spencer Dr, Palm Springs, CA 92262Sold
- $928,9003 bd2 ba1.2k sqft757 E Racquet Club Rd, Palm Springs, CA 92262Off Market
- $1,007,5003 bd3 ba1.6k sqft805 E Racquet Club Rd, Palm Springs, CA 92262Off Market
- $947,9004 bd2 ba1.2k sqft797 E Spencer Dr, Palm Springs, CA 92262Off Market
- $687,0003 bd2 ba1.2k sqft810 E Spencer Dr, Palm Springs, CA 92262Off Market
- $719,2003 bd2 ba1.7k sqft703 E Racquet Club Rd, Palm Springs, CA 92262Off Market
Nearby schools
GreatSchools rating
- 3/10Vista Del Monte Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$1,338,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,338,400
- California
- Riverside County
- Palm Springs
- 92262
- Racquet Club Estates
- 766 E Spencer Dr
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