CA > Palm Springs > Warm Sands
Palm Springs, CA 92262,526 S Warm Sands DR
Palm Springs, CA 92262,526 S Warm Sands DR
Palm Springs, CA 92262,526 S Warm Sands DR
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$10,500,000
Est. payment /mo
40 Beds
40 Baths
30,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 30,000 sqft

Price per Sqft $350

Subdivision Warm Sands

MLS Listing ID 219132823PS

Bedrooms 40

Full Baths 40

Year Built 1948

Lot Size 1.640 Acres

Acres 1.64

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Riverside

Area Palm Springs South End

Interior

Heating Central

Cooling Air Conditioning, Ceiling Fan, Central

Flooring Tile

Equipment Ceiling Fan

Exterior

Parking Features Parking for Guests, Unassigned

Garage Spaces 48.0

Pool Community, In Ground, Private

View Y/N Yes

View Desert, Hills, Mountains, Panoramic, Pool

Building

Story 1

Sewer In Connected and Paid

Level or Stories Ground Level

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Firm Brokerage

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+1(424) 214-0133

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