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483 E Francis Drive, Palm Springs, CA 92262

$865K3bd · 2ba · 1,225 sqft
Lot 11,326 sqft•Single Family Residence•
Active
•44d on market•MLS# 219152958

Property Description

Experience quintessential Palm Springs living in this beautifully updated midcentury modern home in the highly sought-after Racquet Club Estates neighborhood. Iconic architectural character meets fresh desert style, with playful pink accents adding just the right touch of Palm Springs personality. Offered turnkey furnished, the home is ready to enjoy from day one as a full-time residence, weekend retreat, or investment opportunity. The open-concept floor plan features polished concrete floors, expansive walls of glass, and bright living spaces that flow effortlessly to the outdoors. Set on a generously sized and exceptionally private lot framed by mature ficus hedging, the backyard is a true desert escape with a sparkling pool, expansive patio areas, beautiful mountain views, and plenty of space for lounging and entertaining. Additional upgrades include an owned solar system and tankless water heater, bringing modern efficiency to the home without sacrificing its timeless midcentury appeal. Ideally located just minutes from downtown Palm Springs, dining, shopping, golf, and entertainment, this stylish property captures the relaxed, colorful spirit of desert living.

Features & Amenities

Racquet Club EastFeeBuilt 1959

Property Details

Subdivision
Racquet Club East
Land Type
Fee
Year Built
1959
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Concrete
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byColdwell Banker Realty, James J Bianco·760-808-0650

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,373.91
Principal & Interest
Loan Amount
$692,000
Total Interest
$882,608
Total Payment Over 30 Years
$1,574,608
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Racquet Club East

This property is located in Racquet Club East, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Racquet Club East Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

483 E Francis Drive, Palm Springs, CA 92262

Racquet Club East · Palm Springs · Single Family Residence

$865K
Affordable Tier
Beds
3
Baths
2
Sqft
1,225
Lot
11,326 sqft
Year
1959
$/Sqft
$706
Pool: Yes✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 4.8% above the median closed sale of $825,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $865K· $706/sqft
Total list price
Closed comps
vs closed median $825K
+$40K (+4.8%)
Active comps
vs active median $929K
−$64K (−6.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $707
−$1 (−0.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
971 Alexander WayPalm Springs1959321,22510,454$791$969,0002696
2410 Starr RoadPalm Springs1959321,22511,761$734$899,0003195
2889 Davis WayPalm Springs1959321,2249,583$775$949,0008994
2875 Wyman DrivePalm Springs1959321,50010,019$599$899,0004194
370 Simms RoadPalm Springs1964321,4569,583$638$929,00010091
Total: 5 · Average3.02.01,32610,280$707.4$929,00057.4
Median1,225$929,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
504 Laurel CirclePalm Springs195910/05/2026321,22510,019$825,000$800,000$6530.9714496
862 Garden RoadPalm Springs196010/19/2026321,22512,632$948,000$948,000$7741.003893
859 Grace CirclePalm Springs196009/08/2026321,22510,019$859,000$810,000$6610.946393
2187 Berne DrivePalm Springs195910/15/2026321,2258,712$909,000$890,000$7270.986692
600 Alexander WayPalm Springs195905/11/2026321,2259,583$840,000$825,000$6730.984192
Total: 5 · Average3.02.01,22510,193$854,600$854,600$697.6—70.4
Median1,225$825,000$825,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.