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242 Cerritos Drive

Palm Springs, CA 92262
  • $1,199,000
  • STATUS: Active Under Contract
  • ON SITE: 136 Days
  • ID#: 26838319PS
Under Contract
UPDATED: 51 min ago
$1,199,000
  • 3
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,301
    SQFT
  • $922
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Sarah & James Pearce & As... of Coldwell Banker Realty (760-325-4500) and Sarah Pearce of Coldwell Banker Realty(760-325-4500)


Description

Welcome to this beautifully reimagined Jack Meiselman designed residence in the Sunrise Park neighborhood of Palm Springs. Currently being utilized as a successful Airbnb! Set on an 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. 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. Furnishings are negotiable outside of escrow. 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-10T15:30:41.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/176858069
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242 Cerritos Drive Palm Springs, CA 92262

  • Price: $1,199,000
  • Status: Active Under Contract
  • On Site: 136 Days
  • Updated: 51 min ago
  • ID#: 26838319PS
3
Beds
2
Baths
0
½ Baths
0.23
Acres
1,301
SQFT
$922
$/SQFT
1955
Built
Neighborhood:
Sunrise Park
County:
Riverside
Area:
332 - Central Palm Springs
Property Description
Welcome to this beautifully reimagined Jack Meiselman designed residence in the Sunrise Park neighborhood of Palm Springs. Currently being utilized as a successful Airbnb! Set on an 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. 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. Furnishings are negotiable outside of escrow. 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!
Exterior Features

Architectural Style Mid-Century Modern Carport YN Yes Exterior Features Fire Pit Fencing Electric Lot Features Back Yard Parking Features CoveredCarportGated Parking Total 1 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN No Spa Features HeatedIn Ground Spa YN Yes View Mountain(s)Pool View YN Yes

Interior Features

Appliances BarbecueDishwasherMicrowaveRefrigeratorDryerWasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Furnished Unfurnished Heating Fireplace(s)Natural Gas Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Exclusions Seller Exclusion List. Furniture available outside of escrow. Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Security Features 24 Hour Security Senior Community YN No Special Listing Conditions Standard Zoning R1C



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-10T15:30:41.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Sarah & James Pearce & As... of Coldwell Banker Realty (760-325-4500) and Sarah Pearce of Coldwell Banker Realty(760-325-4500)