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766 E Spencer DR Palm Springs, CA 92262
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Key Details
Sold Price $1,377,777
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,621 sqft
Price per Sqft $525
Subdivision Racquet Club East
MLS Listing ID 24399259
Bedrooms 5
Full Baths 2
Three Quarter Bath 1
Year Built 1959
Lot Size 10,454 Sqft
Property Description
Rare Mid-Century Butterfly Roof Alexander expanded to a spacious 5 Bedrooms & 3 Bathroom masterpiece. This legendary design has been tastefully updated with a new pebble finish pool, pool equipment, fencing, landscaping, flooring and completely repainted. The commanding double entry door leads to the expansive open concept kitchen, living room, multiple dining areas plus a separate wet bar & fireplace. An entertainment dream! Large double sliding doors lead to the outdoor dining area, pool, fire pit, BBQ, and hot tub seamlessly connecting the indoor and outdoor spaces with the mesmerizing views of the snow-capped San Jacinto mountains. The primary suite offers a luxurious soaking tub, double fireplace, and private outdoor space. The 4 other bedrooms are generous and tastefully furnished! An oversized garage is ready to accommodate multiple vehicles and storage needs, and a large, gated side yard provides ample space for additional parking, an RV, or outdoor games. Located about a mile from renowned dining, shopping, and the good vibes of Downtown Palm Springs! Previously a very successful vacation rental with over 200k per year in gross income with several notable guests and companies leasing the property. The home comes completely furnished - ready to move in or start leasing! Whether you are looking for an investment property, weekend getaway, warm escape or roomy family compound this extremely rare Alexander checks all the boxes! No HOA! No land Lease! Junior Vacation Rental Permits Allowed! Massive solar array leased for $279/Month results in very low electric bill!
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R1C
Interior
Heating Central
Cooling Central Air, Gas, Heat Pump
Fireplaces Type Bath, Dining Room, Primary Bedroom, Multi-Sided
Laundry Laundry Room
Exterior
Garage Door-Multi, Garage, RV Potential, RV Gated, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Pool Heated
Community Features Gated
View Y/N Yes
View Mountain(s)
Roof Type Foam
Building
Story 1
Foundation Slab
Water Public
New Construction No
Others
Special Listing Condition Standard
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Bought with John Murasky • Bennion Deville Homes