OPEN SAT 11AM - 2PM
$101K PRICE DROP
1102 E Adobe Way Palm Springs, CA 92262
Racquet Club Estates NeighborhoodEstimated payment $5,906/month
Total Views
2,304
3
Beds
2
Baths
1,359
Sq Ft
$625
Price per Sq Ft
Highlights
- Heated In Ground Pool
- Updated Kitchen
- Mountain View
- Palm Springs High School Rated A-
- Open Floorplan
- Modern Architecture
About This Home
Welcome to 1102 E Adobe Way, a beautifully reimagined mid-century modern Alexander home located in the highly coveted Racquet Club Estates of Palm Springs. This 3-bed, 2-bath retreat seamlessly blends modern amenities with timeless mid-century charm, offering the ultimate in style, comfort, and investment potential.Step inside and experience your own private retreat where indoor and outdoor living harmonize perfectly. The recently remodeled open kitchen, complete with quartz countertops, modern appliances, a center island, and built-in wine fridge, overlooks the spacious dining and living areas. Floor-to-ceiling walls of glass frame the resort-like backyard, bringing in natural light and offering breathtaking views of the lush landscape and sparkling heated pool. Whether you're entertaining or enjoying quiet moments, this space feels both open and comfy.The primary bedroom is a dream, featuring a stunning en-suite bathroom and private patio for morning coffee or evening relaxation. Outside, a fully fenced backyard oasis awaits, complete with a cozy raised firepit area, extensive seating, and enchanting mountain views. Multiple fruit trees adorn the property, while a newly installed sprinkler system keeps the landscaping vibrant year-round.For convenience and peace of mind, the home boasts all-new technology, including a WIFI doorknob with keypad access, a newly installed alarm system with cameras, and four mounted state-of-the-art TVs (included in the sale). Additional features include an updated HVAC system, new electrical wiring, a newly installed washer and dryer, and an attached two-car garage with extra storage cabinets.As a unique bonus, all furnishings and decor - including brand-new bed linens, towels, cleaning supplies, yard games, pool accessories, and an arcade basketball game - are included at no cost, making this home truly turnkey.With no HOA, 1102 E Adobe Way offers fantastic potential as a rental property or vacation home (think Airbnb). Its prime location in Racquet Club Estates, combined with its proximity to acclaimed shopping, dining, and entertainment, makes it an attractive option for those looking to generate rental income while enjoying everything Palm Springs has to offer.
Listing Agent
Keller Williams Westlake Village License #01887052 Listed on: 05/15/2025
Open House Schedule
-
Saturday, August 02, 202511:00 am to 2:00 pm8/2/2025 11:00:00 AM +00:008/2/2025 2:00:00 PM +00:00Add to Calendar
-
Sunday, August 03, 202511:00 am to 2:00 pm8/3/2025 11:00:00 AM +00:008/3/2025 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,500
Year Built
- Built in 1961 | Remodeled
Lot Details
- 10,019 Sq Ft Lot
- Brick Fence
- Landscaped
- Sprinklers on Timer
- Back Yard
- Property is zoned R1C
Parking
- 2 Car Garage
- Parking Available
- Driveway
- Guest Parking
- On-Street Parking
Home Design
- Modern Architecture
Interior Spaces
- 1,359 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Recessed Lighting
- Gas Fireplace
- Sliding Doors
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Home Office
- Home Gym
- Mountain Views
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Oven or Range
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Customized Wheelchair Accessible
- No Interior Steps
Pool
- Heated In Ground Pool
Utilities
- Cooling Available
- No Heating
Community Details
- No Home Owners Association
- Racquet Club East 5140 Subdivision
Listing and Financial Details
- Assessor Parcel Number 501082038
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,500 | $2,042,824 | $344,892 | $1,697,932 |
| 2023 | $14,500 | $1,147,500 | $331,500 | $816,000 |
| 2022 | $14,795 | $1,125,000 | $325,000 | $800,000 |
| 2021 | $5,346 | $393,710 | $120,299 | $273,411 |
| 2020 | $5,110 | $389,674 | $119,066 | $270,608 |
| 2019 | $5,024 | $382,034 | $116,732 | $265,302 |
| 2018 | $5,170 | $374,544 | $114,444 | $260,100 |
| 2017 | $4,860 | $367,200 | $112,200 | $255,000 |
| 2016 | $4,720 | $360,000 | $110,000 | $250,000 |
| 2015 | $3,492 | $252,390 | $63,095 | $189,295 |
| 2014 | $3,545 | $247,448 | $61,860 | $185,588 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2025 07/13/25 | For Rent | $3,850 | 0.0% | -- |
| 07/11/2025 07/11/25 | Price Changed | $849,000 | -5.6% | $625 / Sq Ft |
| 06/14/2025 06/14/25 | Price Changed | $899,000 | -5.4% | $662 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $950,000 | -15.6% | $699 / Sq Ft |
| 09/22/2021 09/22/21 | Sold | $1,125,000 | 0.0% | $918 / Sq Ft |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 08/06/2021 08/06/21 | Off Market | $1,125,000 | -- | -- |
| 08/05/2021 08/05/21 | For Sale | $1,125,000 | 0.0% | $918 / Sq Ft |
| 07/22/2021 07/22/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $1,125,000 | -- | $918 / Sq Ft |
Source: Ventura County Regional Data Share
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,125,000 | Orange Coast Title | |
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $235,000 | Chicago Title Company | |
| Trustee Deed | $202,432 | Fidelity Natl Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $620,000 | Commonwealth Land Title Co | |
| Grant Deed | $435,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $200,000 | Fidelity National Title Ins | |
| Grant Deed | $10,000 | Fidelity National Title Co | |
| Grant Deed | $90,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $91,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $496,000 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | Unknown | |
| Previous Owner | $348,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $26,500 | Credit Line Revolving | |
| Previous Owner | $238,500 | Stand Alone First | |
| Previous Owner | $206,250 | Stand Alone First | |
| Previous Owner | $159,900 | Purchase Money Mortgage | |
| Previous Owner | $77,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | Purchase Money Mortgage | |
| Previous Owner | $72,450 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Palm Springs, CA
Source: Ventura County Regional Data Share
MLS Number: 225002409
APN: 501-082-038
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