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$1,449,900

Beds
5
Baths
4.0
sq ft
2,700

1815 E Racquet Club Rd, Palm Springs, CA 92262

1815 E Racquet Club Rd

Palm Springs, CA 92262

  • 158 days on market
    • Price drop $50,000↓
This spectacular compound is nothing short of fabulous! Located in the heart of Palm Springs sits this stunning property on half an acre with 3 separate living quarters, ideal for the entertainer, investor, or buyer looking for some privacy! The main property features 3-bedrooms, 2-bathrooms, and 1,500 SF., with gorgeous quartz slab counters, tile flooring, and white shakers throughout. The kitchen is light and bright with GE Monogram double ovens, warming rack, Sub-Zero fridge, and a large island. The vaulted ceilings provide an open feel. The casita is about 500 SF., with its own bathroom and laundry room attached, a perfect office or gym! You will love the guest apartment which is about 700 SF., but feels much larger with a kitchen, bedroom, bath, closet and living room! The 4-car garage is converted to a massive entertainment room with lovely French doors but could be converted back as the garage door openers are still in place, and you still have an additional single car garage. As you drive up to this unique property you will find an electric gate that opens to an enormous driveway you could fit near 20 cars. A walled courtyard offers privacy when entering the compound. Outback is a total oasis with a saltwater pool that also has a heater and jets with option to be one large spa, shower, and island with BBQ, fridge, sink, and smoker! Solar panels, fee-simple land, and no HOA! Take in those mountain views and pick some fruit from your many citrus trees! The life!

Details

Property type

Single Family Residence

Est. home value

$1,449,023

Lot size

Unknown

Price per sq ft

$537

Year built

1979

Price History

05/22/2024
DesertArea

DesertArea #219110450

Price change
$1,449,900
-3.33%
04/23/2024
DesertArea

DesertArea #219110450

Listed
$1,499,900
-3.23%
03/31/2023
CLAW

CLAW #23243115

Sold
$1,550,000
+384.38%

Schools & Community

Neighborhood: 

Ranch Club

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$116,464
Asking price
$1,449,900
Closing costs (~8% of asking)
-$115,992
Est. remaining loan balance
-$1,217,444
Cash to seller
$116,464

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

$1,217,444

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?

Status: Active

Tomo last checked: 09/27/2024 at 5:30 PM

Listing updated: 08/11/2024 at 7:13 PM

Listed by: Jolie Leydekkers, Windermere Real Estate Phone #: (760) 660-6444

MLS: DesertArea #219110450

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