242 Cerritos Drive
Palm Springs, CA, 92262 $ 1,299,000
Bedrooms3 Baths2.0 Sq 1,301 Monthly Estimate*
$ 7,998
for $1,299,000 with 3 bedrooms and 2 full baths. This 1,301 square foot home was built in 1955 on a lot size of 0.23.
Welcome to this beautifully reimagined Jack Meiselman designed residence in the Sunrise Park neighborhood of Palm Springs. Set on a exceptionally private lot on a quiet street framed by breathtaking Mountain View's everywhere you turn. From the front of the home to the backyard oasis, this property showcases the timeless simplicity and clean lines Meiselman architecture is known for. The home is offered TURNKEY fully furnished with high-end furniture. Inside you will find polished concrete floors, expansive newer windows, and a striking gas glass fireplace. The thoughtfully updated kitchen features stainless steel appliances, slow-close cabinetry, a wine fridge, and modern finishes designed for effortless entertaining. The spacious primary suite offers direct private access to the backyard, while both bedrooms enjoy beautiful mountain views. Designed for seamless indoor-outdoor living, the backyard is a private desert sanctuary surrounded by mature ficus hedging and enhanced landscaping. Enjoy the kidney-shaped pool and spa with upgraded oversized equipment and an expanded gas line for faster heating, a newly installed putting green, firepit lounge area with mountain views, citrus trees, updated garden lighting, and multiple spaces to relax and entertain. The pool deck was also refinished approximately four years ago, further enhancing the resort-style feel. Additional upgrades and amenities include OWNED SOLAR with newly installed panels, newer AC, tankless water heater, smart home features, security cameras, freshly painted exterior, stackable washer and dryer, tiled showers, covered parking behind a private electric gate, and a newly installed MyQ automated gate control system allowing remote access directly from your phone. Whether you are seeking a full-time residence, luxurious desert getaway, or income-producing vacation rental, this exceptional Palm Springs property on land that you OWN offers architectural significance, extensive upgrades, privacy, and proven rental performance all in one remarkable package. This successful Airbnb retreat has earned over 50 five-star guest reviews and offers the perfect blend of investment potential, design pedigree, and resort-style living!
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FeaturesGeneralLiving Area 1301
Heating Fireplace(s)
Cooling Central Air
Zoning R1C
Architectural Style Mid Century Modern
Pool Features Heated In Ground
Security Features 24 Hour Security
Exclusions Seller Exclusion List
Year Built 1955
View Mountain(s)
Levels One
Property Subtype Single Family Residence
County Riverside
New Construction false
Property Type Residential
Association Amenities Pool
HOA false
Attached Garage false
Subdivision Name Sunrise Park
Status Active
City Palm Springs
Senior Community Y/N false
MLS Area 332 - Palm Springs Central
Lot Size Units Square Feet
Lot Size Square Feet 10019
Spa Features In Ground
Land Lease Y/N false
Property Condition Updated/Remodeled
Standard Status Active
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InteriorInterior Amenities Ceiling Fan(s) Remodeled Kitchen
Fireplace Features Fire Pit Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Dryer Included Washer Included
Total Baths 2
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ExteriorFencing Electric
Parking Features Carport Covered
Lot Features Back Yard
Inclusions Turnkey Fully Furnished
Lot Size Area 10019
Spa true
Building Area Total 1301
Lot Dimensions 100x102
Lot Size Acres 0.23
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* Excluded FeaturesList BySarah & James Pearce & As...Listing Agent
Coldwell Banker RealtyBroker
sarah@sarahandjamesluxury.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,998
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Palm Springs, CA
Average List Price $1,555,695
Percent of Sale Price 20%
About Palm Springs, CA 46,525 Population
9% Since 2002
$ 49,313 Median Income
54.63 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/26/2026 | $1,299,000 | | Listed Price |