Price ReducedOpen House Jul 4 at 11:00AM - 1:00PM PDT
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Request Info$1,250,000
Active
242 Cerritos Drive Overview
- Time on Site:
- 34 days
- Visits:
- 0
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!
Open Houses
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PublicSat. Jul 411:00AM - 1:00PM PDT
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242 Cerritos Drive Facts & Features
- Type Single Family
- Sq. ft. 1,301
- Price/Sq.ft. $961
- Lot 0.23 Acres
Details
General
Building Information
- Year Built: 1955
Location/Region
- Country: US
- County Or Parish: Riverside
General Information
- Parcel Number: 502071004
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Zoning: R1C
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Partial: 1
- Bathrooms Total: 2
- Bedrooms Total: 3
Building Interior
- Building Area Total: 1301
- Building Area Units: Square Feet
General Information
- Appliances: Dishwasher,Microwave,Refrigerator
- Fireplace Features: Living Room,Other
- Fireplace: true
- Interior Features: Updated Kitchen
- Laundry Features: Dryer,Washer
- Levels: One Story
- Living Area: 1301
- Living Area Units: Square Feet
- Spa Features: Heated
- Spa: true
- Stories: 1
Exterior
Parking Information
- Parking Features: Covered,Other
- Parking Total: 1
Lot Information
- Lot Features: Back Yard
- Lot Size Acres: 0.23
- Lot Size Area: 0.23
- Lot Size Square Feet: 10019
- Lot Size Units: Acres
Waterfront/View
Building Exterior/Construction
- Architectural Style: Mid Century Modern
- Attached Garage: false
General Information
- Carport: false
- Exterior Features: Back Yard
- Fencing: Electric
- Pool Features: In Ground
- Pool Private: true
242 Cerritos Drive Neighborhood
Community
92262 (PALM SPRINGS) Demographics
53
Median Age
775
Population Density (per sq. mile)
48%
College Educated
$55,757
Estimated Median Income
8,518
Estimated Total Home Owners
5,359
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.242 Cerritos Drive Monthly Cost
242 Cerritos Drive Market Data
Based on the last 30 days in this zip code
$1,097,455
Average List Price
$616
Average Price per Square Foot
70
Properties Sold
97
Average Days on Market
1,179
Properties for Sale
242 Cerritos Drive History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: CRMLS | $1,250,000 -2.0% |
|
| 6/24/2026Source: bridgeMLS | $1,250,000 -2.0% |
|
| 6/15/2026Source: bridgeMLS | $1,275,000 -1.8% |
|
| 6/15/2026Source: CRMLS | $1,275,000 -1.8% |
|
| 5/27/2026Source: bridgeMLS | May 27, 2026 |
|
| 5/26/2026Source: CRMLS | May 26, 2026 |
|
| 1/2/2023Source: CRMLS | January 02, 2023 |
|
| 12/22/2022Source: CRMLS | December 22, 2022 |
|
| 11/10/2022Source: CRMLS | November 10, 2022 |
Listing provided courtesy of Coldwell Banker Realty- MLS# CL26838319PS