526 S Warm Sands Dr

Palm Springs, CA 92262
  • $10,500,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing PS8312 - PS47926

Welcome to the Exotic Dreams Hotel -- a rare and iconic hospitality offering in the heart of Palm Springs. This 40-room boutique hotel blends mid-century and spanish charm with modern upgrades, providing a unique investment opportunity or an exceptional addition to any hospitality portfolio.Spanning multiple structures across lushly landscaped grounds, the property features three sparkling pools, ample guest amenities, and breathtaking views of the surrounding mountains. Many of the rooms have been recently renovated with stylish, contemporary finishes, upgraded bathrooms, and enhanced technology offerings to meet the expectations of today's discerning traveler.The layout of the hotel offers flexibility for both standard guest stays and extended group bookings, with multiple room types including suites, patios, and poolside accommodations. Whether guests are seeking a serene desert escape, a lively weekend retreat, or a private event venue, Exotic Dreams delivers on all fronts.Ideally located just minutes from Downtown Palm Springs, the hotel offers walkability to shops, restaurants, nightlife, and world-class events like Modernism Week and Coachella shuttle routes.With its strong branding potential, existing operational footprint, and room to increase ADR through continued renovation and repositioning, Exotic Dreams is poised for both immediate income and long-term appreciation.Highlights:40 well-appointed rooms (many newly updated)3 resort-style swimming poolsMountain views and lush landscapePrime Palm Springs location near DowntownUpside potential through continued improvements and repositioningDon't miss this extraordinary opportunity to own a piece of the desert's hospitality legacy.

Listing Highlights for 526 S Warm Sands Dr

Status Active
Days on Site 55
Property Type Multi-Family
MLS ® 219132823PS
Year Built 1948
Total Square Footage 0
Lot/Acreage 1.64

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 48
  • Zoning: R-2
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Guest,Unassigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 508211017
  • Tax Year: N/A

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Questions About..

526 S Warm Sands Dr Palm Springs, CA 92262

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Originating MLS: CRMLS

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