1155 E Adobe Way Palm Springs, CA 92262
Racquet Club Estates NeighborhoodEstimated payment $7,476/month
Highlights
- Heated In Ground Pool
- Midcentury Modern Architecture
- Living Room with Fireplace
- Palm Springs High School Rated A-
- Mountain View
- No HOA
About This Home
Believed to be one of the last Alexander-built butterfly roof homes constructed in Racquet Club Estates in 1962, this impeccably restored mid-century modern residence is a rare Palm Springs offering. Set on one of the largest lots in the neighborhood and enjoying coveted full southern exposure, the home delivers an exceptional modern desert lifestyle. Originally designed by Palmer & Krisel in the late 1950s, the iconic floor plan has been thoughtfully restored to honor its post-and-beam architecture, soaring clerestory windows, and clean modern lineswhile seamlessly adapting to today's living standards. The residence offers three bedrooms and two spa-inspired baths, complemented by a sleek European-style kitchen with quartz countertops and stainless steel appliances. Polished white porcelain floors and a striking block wall fireplace complete the refined interior aesthetic. Outdoors, the property truly shines. A sprawling resort-style pool and in-ground spa anchor the expansive grounds, joined by a bocce ball court, gazebo with fire pit, and meticulously designed desert landscaping. Wraparound mountain views and effortless indoor-outdoor flow create a setting ideal for both everyday living and entertaining. Recent upgrades include a newly coated foam roof, updated plumbing, refreshed pool systems, an on-demand water heater, and dual-pane windows throughout. Rare, iconic, and impeccably maintained, this is a home that must be experienced in person to be fully appreciated. Contact the listing agent to arrange a private showing.
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- 12,197 Sq Ft Lot
- Drip System Landscaping
- Sprinkler System
- Property is zoned R1C
Parking
- 2 Car Garage
Property Views
- Mountain
- Pool
Home Design
- Midcentury Modern Architecture
- Foam Roof
Interior Spaces
- 1,225 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- 2 Fireplaces
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Heated Spa
- Gas Heated Pool
Outdoor Features
- Fire Pit
- Gazebo
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 501-081-002
Map
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 | $8,930 | $726,588 | $213,293 | $513,295 |
| 2023 | $9,098 | $698,375 | $205,011 | $493,364 |
| 2022 | $9,109 | $684,683 | $200,992 | $483,691 |
| 2021 | $8,925 | $671,258 | $197,051 | $474,207 |
| 2020 | $8,524 | $664,376 | $195,031 | $469,345 |
| 2019 | $8,378 | $651,350 | $191,207 | $460,143 |
| 2018 | $8,221 | $638,579 | $187,459 | $451,120 |
| 2017 | $8,100 | $626,059 | $183,784 | $442,275 |
| 2016 | $7,863 | $613,784 | $180,181 | $433,603 |
| 2015 | $7,385 | $590,567 | $177,476 | $413,091 |
| 2014 | $3,273 | $250,000 | $90,000 | $160,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $1,250,000 | +115.9% | $1,020 / Sq Ft | |
| 02/07/2014 02/07/14 | Sold | $579,000 | 0.0% | $473 / Sq Ft | View Prior Sale |
| 01/27/2014 01/27/14 | Pending | -- | -- | -- | |
| 01/27/2014 01/27/14 | For Sale | $579,000 | -- | $473 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $579,000 | Wfg Title Company Of Ca | |
| Grant Deed | $250,000 | Wfg Title Company Of Ca | |
| Interfamily Deed Transfer | -- | -- |
Source: The MLS
MLS Number: 26649723PS
APN: 501-081-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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