Price Reduced Listing
Open House LogoIn-Person: 09/12 11:00 AM - 1:00 PM
$1,199,000
 $6,436 est/mo Sourced by Back At You

242 Cerritos Drive,Palm Springs, CA 92262

Palm Springs, CA 92262

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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!

Details

MLS #26838319PS
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1955
Days On Site107
Listing Provided ByColdwell Banker Realty | Sarah & James Pearce & As...

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,301
Car PortYes
PoolYes
Story(s)1
ZoningR1C
Acreage0.23
Property ViewYes

Interior

CoolingCentral Air
HeatingFireplaces, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesCeiling Fans
FurnishedUnfurnished
AppliancesBarbecue, Dishwasher, Microwave, Refrigerator, Dryer, Washer
Fireplace Yes / NoYes

Exterior

Exterior FeaturesFire Pit
Security FeaturesTwenty Four Hour Security
Lot FeaturesBack Yard
FencingElectric

Parking

Parking FeaturesCovered, Carport, Gated

Area Information

StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area332 Central Palm Springs
Community NameSunrise Park
Listing VS Median (in Sunrise Park)
Price:
$1,199,000
low | high
Med:
$1,297,000
41.826522101751% of Average
sqft:
1,301
low | high
Med:
1,948
2% of Average
$ / sqft:
$922
low | high
Med:
$730
70.83479971267% of Average
On site:
107
low | high
Med:
72
100% of Average
Sourced by Back At You

Market Activity 92262

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Learn More About This Property

Open House
In-Person
09/12 11:00 AM - 1:00 PM
StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area332 Central Palm Springs
Community NameSunrise Park
Listing VS Median (in Sunrise Park)
Price:
$1,199,000
low | high
Med:
$1,297,000
41.826522101751% of Average
sqft:
1,301
low | high
Med:
1,948
2% of Average
$ / sqft:
$922
low | high
Med:
$730
70.83479971267% of Average
On site:
107
low | high
Med:
72
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $899K - $1.498M
sqft: 976 - 1,500
Listing Updated: September 9, 2026 at 11:39:41 AM PDT