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766 E Spencer Drive

Palm Springs, CA 92262

5 beds
3 baths
2,621 sqft
10,454 sqft lot
$525 per sqft
1959 build
– on site

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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!

Listed By CRMLS_CA / Paul Fisher / Compass

Last checked: Checking… • Last updated Sep 5, 2024 •

MLS# 24399259 —

The Building

Year Built:

1959
New Construction:

No
Construction Materials:

Stucco
Architectural Style:

Mid Century Modern
Roof:

Foam
Foundation:

Slab
Stories Total:

1

Interior

Features:

Ceiling Fan(s), Furnished, Recessed Lighting, Wet Bar
Levels:

One
Entry Location:

Ground Level - no steps
Eating Area:

Dining Room
Window Features:

Skylight(s), Blinds, Tinted Windows
Room Type:

Entry, Living Room, Primary Bathroom
Fireplace:

Yes
Fireplace:

Bath, Two Way, Dining Room, Primary Bedroom
Laundry:

Washer Included, Dryer Included, Individual Room
Laundry:

1

Room Dimensions

Living Area:

2621.00

Location

Directions:

E Racquet Club Rd., - Right on N Via Miraleste - Left on E Spencer Dr., Use google Maps!
Latitude:

33.85162600
Longitude:

-116.53887500

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Property Condition:

Updated/Remodeled
Zoning:

R1C
Lot Size Area:

10454.0000
Lot Size Dimensions:

100x100
Lot Size Acres:

0.2400
Lot Size SqFt:

10454.00
View:

1
View:

Mountain(s)
Sprinklers:

Yes
Security Features:

Smoke Detector(s), Card/Code Access, Carbon Monoxide Detector(s), Gated Community
Land Lease:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

5

Baths

Total Baths:

3
Bathroom Features:

Jetted Tub
Full & Three Quarter Baths:

3
Full Baths:

2
Three Quarter Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

501121025

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air, Gas, Heat Pump

Utilities

Water Source:

Public

Appliances

Appliances:

Barbecue, Dishwasher, Disposal, Refrigerator, Range Hood
Included:

Yes

The Community

Subdivision:

Racquet Club East
Subdivision:

Racquet Club East
Senior Community:

No
Pool:

Heated
Spa:

1
Spa Features:

In Ground
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

RV Gated, RV Potential, RV Access/Parking, Garage - Two Door
Parking Spaces:

5.00
Attached Garage:

Yes
Garage Spaces:

2.00
Uncovered Spaces:

3.00
RV Parking:

10 x 40

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$187/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
7/5/24 Jul 5, 2024	Listed / Active	BRIDGE
6/28/24 Jun 28, 2024	Price Changed	CRMLS_CA	$1,389,000	-6.7%
6/6/24 Jun 6, 2024	Listed / Active	CRMLS_CA	$1,489,000	25.1% (8.5% / YR)

House Sold on 9/3/2024

$1,377,777

Listing provided by broker:

Paul Fisher

Compass

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Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 05:36 on Nov 05.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

766 E Spencer Drive

Palm Springs, CA 92262