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775 West Racquet Club Road, Palm Springs, CA 92262

$1.95M4bd · 5ba · 3,504 sqft
Lot 17,424 sqft•Single Family Residence•
Active
•103d on market•MLS# PS-26854507

Property Description

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.

Features & Amenities

Chino CanyonFeeBuilt 1947

Property Details

Subdivision
Chino Canyon
Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Cooling
Central Air
View
City Lights, Mountain(s), Panoramic
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byColdwell Banker Realty, Sarah & James Pearce & As...

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,834.98
Principal & Interest
Loan Amount
$1,556,000
Total Interest
$1,984,592
Total Payment Over 30 Years
$3,540,592
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Chino Canyon

This property is located in Chino Canyon, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Chino Canyon Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

775 West Racquet Club Road, Palm Springs, CA 92262

Chino Canyon · Palm Springs · Single Family Residence

$1.95M
Luxury Tier
Beds
4
Baths
5
Sqft
3,504
Lot
17,424 sqft
Year
1947
$/Sqft
$555
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 9.5% below the median closed sale of $2,150,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.95M· $555/sqft
Total list price
Closed comps
vs closed median $2.15M
−$205K (−9.5%)
Active comps
vs active median $2.55M
−$604K (−23.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $857
−$302 (−35.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
775 Cabrillo RoadPalm Springs2026342,7719,148$920$2.55M11378
979 Las Palmas Estates DrivePalm Springs—453,40017,860$1,618$5.50M20871
18 Cahuilla Hills DrivePalm Springs1996343,25417,424$613$2.00M27161
2489 Tuscany Heights DrivePalm Springs2007344,05518,295$727$2.95M17159
567 Flamingo BoulevardPalm Springs2026442,8126,991$409$1.15M13357
Total: 5 · Average3.44.23,258.413,943.6$857.4$2.83M179.2
Median3,254$2.55M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
337 Mustang LanePalm Springs202508/03/2026442,8307,841$963,000$892,625$3150.937559
601 Stevens RoadPalm Springs198207/30/2026232,96316,553$2.45M$2.15M$7260.888356
333 Lautner LanePalm Springs201308/31/2026454,00014,375$3.00M$2.83M$7060.949554
1925 Joshua Tree PlacePalm Springs197808/03/2026333,02812,632$2.25M$2.16M$7150.966654
1120 Calle De MariaPalm Springs195307/27/2026453,29910,454$1.88M$1.88M$5681.002454
Total: 5 · Average3.44.03,22412,371$1.98M$1.98M$606—68.6
Median3,028$2.15M$2.15M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.