Active Under Contract
Price CutPrice Drop: $51K (09/27)
Single family home for sale at 242 Cerritos Dr, Palm Springs, CA 92262 | MLS# 26838319PS | Listing updated on 2026-09-30
Photo 1 of Single family home for sale at 242 Cerritos Dr, Palm Springs, CA 92262 | MLS# 26838319PS | Listing updated on 2026-09-30
Photo 2 of Single family home for sale at 242 Cerritos Dr, Palm Springs, CA 92262 | MLS# 26838319PS | Listing updated on 2026-09-30
Photo 3 of Single family home for sale at 242 Cerritos Dr, Palm Springs, CA 92262 | MLS# 26838319PS | Listing updated on 2026-09-30
Photo 4 of Single family home for sale at 242 Cerritos Dr, Palm Springs, CA 92262 | MLS# 26838319PS | Listing updated on 2026-09-30
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Listed by: Sarah & James Pearce & As... (760) 219-6765 DRE #02111942, Sarah Pearce DRE #02111942 | Coldwell Banker Realty (760) 325-4500

$1,199,000

Monthly Est:$5,968

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,301sqft

242 Cerritos Dr, Palm Springs, CA 92262

$5,968/moEst:

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  • Single Family Residence

  • Built in 1955

  • $-- HOA

  • 10,019 sqft lot

  • $922/sq.ft

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!

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 30, 2026 at 1:37 am
  • Source: California Regional MLS-CA | MLS#: 26838319PS California Regional MLS-CA

Property Details

  • Status

    Active Under Contract

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Riverside County

  • City

    Palm Springs

  • Neighborhood

    Sunrise Park

  • Year Built

    1955

  • HOA Fees

    -

  • Finished Area

    1,301 sqft

  • Lot Size

    10,019 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26838319PS

  • MLS Status

    ActiveUnderContract

  • Days on Market

    139

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Cooling

    Central Air

  • Heating

    Fireplaces, Natural Gas

  • Appliances

    Barbecue, Dishwasher, Microwave, Refrigerator, Dryer, Washer

  • Exterior Features

    Fire Pit

  • Interior Features

    Ceiling Fans

Construction

  • Year Built

    Year Built: 1955

  • Home type

    Single Family Residence

  • Architectural Style

    Mid Century Modern

  • Property Condition

    Updated Remodeled

Utilities & Energy

  • Fireplace Features

    Living Room

  • Parking Features

    Covered, Carport, Gated

  • Security Features

    Twenty Four Hour Security

  • Pool Features

    In Ground, Private

Other Features

  • Subdivision Name

    Sunrise Park

  • Lot Features

    Back Yard

Price History

DateEventPrice

09/27/2026

Source: mls_logoCalifornia Regional MLS-CA #26838319PS

Contingent (Active Under Contract)

$1,199,000

$922/sqft

08/31/2026

Source: mls_logoCalifornia Regional MLS-CA #26838319PS

Price Decreased

$1,199,000 -4.08%

$922/sqft

06/24/2026

Source: mls_logoCalifornia Regional MLS-CA #26838319PS

Price Decreased

$1,250,000 -1.96%

$961/sqft

06/15/2026

Source: mls_logoCalifornia Regional MLS-CA #26838319PS

Price Decreased

$1,275,000 -1.85%

$980/sqft

05/26/2026

Source: mls_logoCalifornia Regional MLS-CA #26838319PS

Listed for Sale

$1,299,000 +8.25%

$998/sqft

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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 12, 2026, 10:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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