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Listed price in listed location currency (USD).
$10,500,000

0048

MLS® 219132823PS

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 143
Approx. Age 1948
MLS® Number 219132823PS

Property Address: 526 S Warm Sands Dr, Palm Springs, CA, 92264-7633

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number219132823PS
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1948
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2025List Date
$10,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
526 S Warm Sands Dr, Palm Springs, CA

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