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$10,500,000
1 Day On Site

526 S Warm Sands Drive
Palm Springs, CA 92262

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1948
Built
Subdivision:
Warm Sands
County:
Riverside
Listed by Adam Gilbert of The Firm Brokerage adam@firmcompanies.com
526 S Warm Sands Drive526 S Warm Sands Drive526 S Warm Sands Drive526 S Warm Sands Drive
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Monthly Payment (Est.)

$47,905
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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.

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Listing Snapshot
Price 
$10,500,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.64 Acres
Year Built 
1948
MLS® Number 
219132823PS
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
1.64
Number Of Stories 
1
Parking 
GuestUnassigned
Parking Spaces 
48
Special Circumstances 
Standard
Zoning 
R-2
Interior Features
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
Spa 
Yes
EntryFoyer 
Other 
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Exterior Features
Pool Features 
PrivateIn Ground
Private Pool 
Yes
Spa 
Yes
Spa Features 
In GroundPrivate
View 
DesertHillsMountain(s)Panoramic
Waterview 
DesertHillsMountain(s)Panoramic
Community Features
Financing Terms Available 
Cash1031 Exchange
MLS Area 
334 - South End Palm Springs


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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