LAUREL-95
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503 E Laurel Circle, Palm Springs, CA 92262

$1.32M4bd · 3ba · 1,860 sqft
Lot 10,890 sqft•Single Family Residence•
Active
•20d on market•MLS# 219154253

Property Description

''A true icon of Palm Springs modernist architecture'' This exceptional Palmer & Krisel-designed residence was built by the Alexander Construction Company in 1959 and is ideally situated in the iconic Racquet Club Estates. This private resort-like property features four bedrooms, three bathrooms, an office, casita, saltwater pool, laundry room and finished two car garage, seamlessly pairing its celebrated architectural pedigree with refined, contemporary living. From the moment you arrive at your own private sanctuary, this home makes a striking impression, with classic stucco and stone front, mature, lush landscaping, and the clean, beautifully proportioned lines characteristic of Alexander design create an unmistakable sense of place. Inside, walls of glass sliders dissolve the boundary between indoors and out, filling the interiors with warm desert light and creating an intimate connection to the surrounding landscape. Extensively updated and meticulously maintained with a thoughtful eye toward both original design and everyday comfort, the home offers all that is to be desired! Recent updates include new roof, renovated cook's kitchen and remodeled bathrooms. The private casita, complete with a new mini-split system, offers a comfortable and secluded retreat for guests. Outside, a spectacular south- and west-facing saltwater pool takes center stage surrounded by lush landscaping, perfectly positioned to capture sweeping views of the San Jacinto Mountains creating an inviting oasis for both quiet relaxation and entertaining.

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
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Concrete, Stone Tile
Roof
Flat
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byCompass, David Whitworth·760-218-7110

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,699.92
Principal & Interest
Loan Amount
$1,060,000
Total Interest
$1,351,972
Total Payment Over 30 Years
$2,411,972
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

Residential Tier · 5 active · 5 closed

503 E Laurel Circle, Palm Springs, CA 92262

Racquet Club East · Palm Springs · Single Family Residence

$1.32M
Residential Tier
Beds
4
Baths
3
Sqft
1,860
Lot
10,890 sqft
Year
1959
$/Sqft
$712
Pool: Yes✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 8.1% above the median closed sale of $1,226,000. Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.32M· $712/sqft
Total list price
Closed comps
vs closed median $1.23M
+$99K (+8.1%)
Active comps
vs active median $1.26M
+$65K (+5.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $803
−$91 (−11.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
438 Racquet Club RoadPalm Springs1959431,53311,761$814$1.25M1194
2101 Berne DrivePalm Springs1959431,94410,890$766$1.49M5292
2839 Davis WayPalm Springs1959431,83410,019$654$1.20M14292
2970 Davis WayPalm Springs1959321,51311,326$833$1.26M12591
3133 Sunnyview DrivePalm Springs1962221,47710,890$947$1.40M15686
Total: 5 · Average3.42.61,660.210,977.2$802.8$1.32M97.2
Median1,533$1.26M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2340 Duane RoadPalm Springs195906/12/2026432,46510,454$1.50M$1.25M$5070.8315885
402 Desert Willow CirclePalm Springs195912/03/2025321,56710,454$1.20M$1.16M$7400.973684
2164 Berne DrivePalm Springs195912/04/2025321,47710,019$1.27M$1.23M$8300.964581
2653 Kitty Hawk DrivePalm Springs196104/14/2026442,16310,019$1.50M$1.42M$6560.952670
1157 Enamor CourtPalm Springs201405/04/2026332,18815,246$1.23M$1.23M$5601.004257
Total: 5 · Average3.42.81,97211,238.4$1.26M$1.26M$658.6—61.4
Median2,163$1.23M$1.23M

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.