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Closed
- Listed price
- $568,000
- Listed Nov 8, 2016 · $175/sq ft
- Sold price
- $525,000
- Sold Nov 30, 2016
7 beds|7 ba|3,244 sqft|10,890 sqft lot|1959 Built|13 MLS days on market
516 E Racquet Club Rd, Palm Springs, CA 92262
Property Description
Here is your opportunity to own a piece of Palm Springs History. This unique home is an ALEXANDER Construction Company build with an addition of over 2000 square feet and is ready to be brought back to its former glory. You can take it to the next level with the plans that are in place for a spectacular yard designed to maximize the glorious mountain views and includes a built-in barbecue and large inviting pool and spa. Priced at only $175 a square foot, this 7 bedroom 7 bath home would make an excellent luxury vacation rental with a projected gross income between $110k and $120k a year. (see attached projection from Vacation Palm Springs) Newer Berber carpeting and the roof was restored a few years ago. Located a short 1.5 miles to the shops and restaurants of beautiful Downtown Palm Springs. Property was formally a sober living home.
Listing agent: Susan ChrnalogarDRE #01865683susanc518@hotmail.com, Listing office: Keller Williams Realty
MLS data updated 10/31/2026, 9:18:55 AM PT
Source: CRMLSMLS #: 216033116DA
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$525,000
Nov 30, 2016
Available records22016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92262 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.