tomo logo

$1,099,000

Beds
3
Baths
2.0
sq ft
1,816

502 E Molino Rd, Palm Springs, CA 92262

502 E Molino Rd

Palm Springs, CA 92262

  • <1 day on market
Welcome to your private Palm Springs retreat! This Turnkey Furnished 3-bed, 2-bath home in the historic Racquet Club neighborhood offers the perfect blend of privacy and resort-style living. With over 1,800 sq. ft., this stunning residence features an indoor movie theater with stadium seating, a projector, and a screen—ideal for ultimate entertainment. Step outside to your backyard oasis, complete with an expansive private pool, Tiki Palapa bar, fire pit, and breathtaking Mountain Views. The chef's kitchen boasts granite countertops, an island, stainless steel appliances, and a double-door fridge. The primary suite offers direct pool access—perfect for a late-night swim under the stars. Additional highlights include an interior laundry room, attached 2-car garage, and front courtyard patio. Whether you're seeking a full-time residence, vacation escape, or an investment property, this home is STVR/seasonal rental-ready for immediate income potential. Enjoy proximity to shopping, dining, downtown Palm Springs, and easy I-10 access. Your desert paradise awaits!

Details

Property type

Single Family Residence

Est. home value

$1,077,847

Lot size

Unknown

Price per sq ft

$606

Year built

1963

Price History

02/22/2025
DesertArea

DesertArea #219125243

Listed
$1,099,000
02/07/2025
DesertArea

DesertArea #219119418

Removed
$1,099,000
12/16/2024
DesertArea

DesertArea #219119418

Price change
$1,099,000
-3.6%

Schools & Community

Neighborhood: 

Racquet Club Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Palm Springs

High school district: 

Palm Springs Unified

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

$501,537
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$509,543
Cash to seller
$501,537

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2021

Original loan amount

$550,000

Est. remaining balance

$509,543

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Joseph Golian and Alan Golian

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: 02/22/2025 at 1:25 PM

Listing updated: 02/22/2025 at 6:31 AM

Listed by: Michelle Anselmo, Anselmo Real Estate Phone #: (760) 861-9701

MLS: DesertArea #219125243

DesertArea logo

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