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$1,450,000

Beds
5
Baths
3.25
sq ft
2,664

1815 E Racquet Club Rd, Palm Springs, CA 92262

1815 E Racquet Club Rd

Palm Springs, CA 92262

  • 37 days on market
Discover endless possibilities with this move-in ready, fully renovated estate, ideal as a family compound, high-income rental, or ultimate entertainment venue. Set on almost a half an acre of gated, lushly hedged property, this estate offers multiple living spaces, premium amenities, and exceptional flexibility. Boasting newer fully owned SOLAR System and car charging station, the 1,500-square-foot main house offers 3 bedrooms and 2 bathrooms, all showcasing a beautifully remodeled, open-concept design with high vaulted, beamed ceilings and warm finishes. Stylish tile flooring throughout mimics the look of wood, adding elegance and durability. The gourmet kitchen is a chef's dream, equipped with sleek granite countertops, a spacious center island, Sub-Zero refrigerator, and a GE Monogram range and oven. A detached 700-square-foot guesthouseconveniently connected to the 5-car garage/game roomoffers 1 bedroom, 1 bathroom, a full kitchen, and direct access to the pool, perfect for guests or rental income. Additionally, there's a 464-square-foot studio casita, complete with 1 bedroom and a wet bar/kitchenette, ideal as an office, gym, or additional guest space. The backyard is a private oasis, designed for both relaxation and entertainment. Take in the breathtaking mountain views from various outdoor seating areas, including a cozy fire pit lounge, BBQ area, and tanning shelf within the sparkling pebble tec pool, which features Wi-Fi-controlled functions, a salt saline system, an electric cover, and heat pump. The pool is completed with Jets to allow the pool to double as a gigantic spa! Completing this entertainer's paradise is a finished, game room that doubles as a storage space or garage for up to four cars, plus a separate single-car garage. The property has dual gated driveways with parking for approximately 25 vehicles. Additional upgrades include smooth stucco exterior walls, dual- and quad-pane windows, French doors, wood plank exterior ceilings, and recessed lighting along the perimeter. With its blend of luxury, functionality, and privacy, this estate is truly one-of-a-kind, offering an extraordinary lifestyle for family gatherings, hosting, or income potential.

Details

Property type

Single Family Residence

Est. home value

$1,449,023

Property condition

Updated/Remodeled

Lot size

0.48 acres

Price per sq ft

$545

Year built

1979

HOA

No

Price History

11/15/2024
CLAW

CLAW #24463314

Listed
$1,450,000
+0.01%
11/08/2024
DesertArea

DesertArea #219118376

Removed
$1,449,900
10/16/2024
DesertArea

DesertArea #219118376

Listed
$1,449,900

Schools & Community

Neighborhood: 

Ranch Club

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$120,522
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$1,213,478
Cash to seller
$120,522

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$1,240,000

Est. remaining balance

$1,213,478

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Jeffrey Bryan Mahacek

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 5:50 PM

Listing updated: 12/05/2024 at 3:15 AM

Listed by: Marc Lange, Equity Union Phone #: (760) 621-0395

MLS: CLAW #24463314

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