775 W Racquet Club Rd, Palm Springs, CA 92262
What's special
An exceptional opportunity to own a highly SUCCESSFUL short term vacation rental, TURNKEY fully furnished renovated HILLTOP estate in Chino Canyon with jaw-dropping 360 views, resort-style amenities, and proven vacation rental income! This gorgeous retreat captures truly breathtaking panoramic views, stretching across the iconic Palm Springs mountains, sparkling city lights, and even snow-capped peaks of Big Bear. From sunrise to sunset, every angle of this property is designed to showcase the beauty of the desert from an elevated, private vantage point. This home has undergone a complete transformation featuring a brand new saltwater pebble tec pool, additional permitted square footage, 36 inch Spanish square tile throughout, new kitchen, bathrooms, plumbing, electrical and much more (full list of improvements available). Spanning over 3,500 square feet and situated on an oversized lot of more than 17,000 square feet, this completely remodeled home offers both space and privacy in a truly spectacular setting. All four bedrooms are en-suite and each with its own walk-in closet. Two bedrooms are located upstairs and two downstairs with both levels offering direct access to the backyard, creating an ideal layout for seamless indoor-outdoor living and guest privacy. The primary suite is a true retreat, complete with a soaking tub and a private laundry area conveniently located within the walk in closet. The immense kitchen is both stunning and functional, featuring quartz countertops, a striking marble waterfall island, stainless steel appliances including a Thor double oven, soft-close cabinetry, and a walk-in pantry. Designed for both relaxation and entertaining, the outdoor spaces are truly resort-inspired. Enjoy the massive sparkling pool with new equipment and heater, a built-in gas firepit, and a fully equipped outdoor kitchen complete with BBQ, sink, and refrigerator, all set against a dramatic backdrop of mountain views and windmill vistas. Lush grass, mature ficus, and natural rock and boulder landscaping enhance the sense of privacy and tranquility. Inside, the home features white Spanish porcelain flooring, beautifully finished bathrooms with porcelain tile showers, and a gas fireplace that welcomes you at the entry. A separate outdoor laundry room and pool bathroom add convenience for guests and effortless entertaining. Additional highlights include a motorized gated entry, security system, solar system, new plumbing (hot and cold supply), updated downstairs HVAC, EV charging in the covered two car garage, and fully permitted improvements throughout. This property is not only a stunning primary or second home, but also a highly successful vacation rental. Located in a neighborhood where short-term rental permits are still available (buyer to verify), it presents an exceptional investment opportunity with strong income potential. Here is your chance to own a meticulously upgraded desert sanctuary with unmatched views, privacy, income potential, and lifestyle amenities just minutes from the heart of Palm Springs.
- 76 days |
- 675 |
- 51 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Sarah & James Pearce & Associates DRE # 02111942 760-219-6765,
Coldwell Banker Realty 760-325-4500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 3/4 bathrooms: 1
Rooms
- Room types: Family Room, Breakfast Bar, Living Room, Pantry, Patio Covered, Patio Enclosed, Dining Room, Den, Dining Area, Walk-In Closet, Walk-In Pantry
Bedroom
- Features: Walk-In Closet(s)
Bathroom
- Features: Tile, Remodeled, Shower and Tub
Kitchen
- Features: Remodeled, Marble Counters, Gourmet Kitchen, Kitchen Island, Pantry
Heating
- Natural Gas
Cooling
- Air Conditioning, Ceiling Fan(s), Central Air
Appliances
- Included: Microwave, Oven, Indoor Grill, Gas Cooktop, Freezer, Range/Oven, Refrigerator, Barbeque, Ice Maker, Washer, Dishwasher, Dryer
- Laundry: Laundry Closet, Inside, Outside, Laundry Room
Features
- 2 Staircases, Recessed Lighting, Built-in Features, Turnkey, Open Floorplan, Built-Ins, Ceiling Fan(s), Dining Area
- Flooring: Porcelain
- Number of fireplaces: 2
- Fireplace features: Fire Pit, Den, Gas
- Furnished: Yes
- Common walls with other units/homes: Detached/No Common Walls
Interior area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
Property
Parking
- Total spaces: 6
- Parking features: Private, Private Garage, Garage - 2 Car, Gated, Driveway
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Multi/Split
- Stories: 2
- Entry location: Ground Level w/steps
- Patio & porch: Rock/Stone, Covered, Enclosed
- Exterior features: Barbecue
- Has private pool: Yes
- Pool features: Salt Water, In Ground, Heated, Private
- Has spa: Yes
- Spa features: Private, In Ground, Hot Tub
- Fencing: Electric
- Has view: Yes
- View description: Mountain(s), Rocks, Panoramic, Valley, City, Pool
- Has water view: Yes
Lot
- Size: 0.4 Acres
- Features: Yard, Back Yard, Hilltop
Details
- Additional structures: None
- Parcel number: 504181015
- Zoning: R1B
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern
- Property subtype: Residential, Single Family Residence
Condition
- Updated/Remodeled
- Year built: 1947
Utilities & green energy
- Sewer: Septic Tank
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: 24 Hour Security
HOA
- Has HOA: No
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $555/sqft
- Tax assessed value: $1,061,614
- Date on market: 7/1/2026
- Inclusions: Turnkey, Fully Furnished.
- Exclusions: Seller Exclusion List.
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $1,945,000$555/sqft |
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| 6/30/2026 | Listing removed | $1,945,000$555/sqft |
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| 4/21/2026 | Price change | $1,945,000-2.5%$555/sqft |
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| 4/3/2026 | Listed for sale | $1,995,000$569/sqft |
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| 3/21/2026 | Listing removed | $1,995,000$569/sqft |
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| 2/27/2026 | Price change | $1,995,000-4.5%$569/sqft |
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| 1/23/2026 | Listed for sale | $2,090,000-2.8%$596/sqft |
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| 12/23/2025 | Listing removed | $2,150,000$614/sqft |
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| 12/5/2025 | Price change | $2,150,000-2.3%$614/sqft |
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| 10/17/2025 | Listed for sale | $2,200,000+154.8%$628/sqft |
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| 11/26/2024 | Listed for rent | $12,000+20%$3/sqft |
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| 6/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/7/2023 | Listed for rent | $10,000-33.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/13/2022 | Price change | $15,000-40%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/21/2022 | Listed for rent | $25,000+66.7%$7/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/11/2022 | Price change | $15,000-25%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/9/2022 | Price change | $20,000-33.3%$6/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/6/2022 | Listed for rent | $30,000$9/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/3/2021 | Sold | $863,500+103.2%$246/sqft |
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| 3/12/2004 | Sold | $425,000$121/sqft |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,061,614 +2% |
| 2025 | $12,103 -2.7% | $1,040,799 +2% |
| 2024 | $12,436 -1.9% | $1,020,392 +2% |
| 2023 | $12,677 -0.1% | $1,000,385 +2% |
| 2022 | $12,693 +67.2% | $980,770 +65.3% |
| 2021 | $7,592 +4.9% | $593,498 +1% |
| 2020 | $7,241 +1.8% | $587,414 +2% |
| 2019 | $7,111 +2% | $575,897 +2% |
| 2018 | $6,972 +1.6% | $564,606 +2% |
| 2017 | $6,865 | $553,537 +2% |
| 2016 | $6,865 +7.2% | $542,685 +1.5% |
| 2015 | $6,406 +0.8% | $534,536 +2% |
| 2014 | $6,353 | $524,068 +0.5% |
| 2013 | -- | $521,701 +12.2% |
| 2012 | -- | $465,000 +11.8% |
| 2011 | -- | $416,000 +11.8% |
| 2010 | -- | $372,000 -12.9% |
| 2009 | -- | $427,000 -9.7% |
| 2008 | -- | $473,119 +6.2% |
| 2007 | -- | $445,706 +2% |
| 2006 | -- | $436,968 +2% |
| 2005 | -- | $428,400 +402.3% |
| 2003 | -- | $85,291 +2% |
| 2002 | -- | $83,620 +2% |
| 2001 | $1,261 +2.4% | $81,981 +2% |
| 2000 | $1,232 | $80,374 |
Find assessor info on the county website
Monthly payment
Estimated market value
$1,815,000
$1.72M - $1.91M
$7,845/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.