526 Warm Sands Drive S, Palm Springs, CA

$10,500,000

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40

Beds

40

Baths

30,000

Square feet

1.64

Acres

About 526 Warm Sands Drive S

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 pools Mountain views and lush landscape Prime Palm Springs location near Downtown Upside potential through continued improvements and repositioning Don't miss this extraordinary opportunity to own a piece of the desert's hospitality legacy.

Features of 526 Warm Sands Drive S

MLS® # 219132823
Price $10,500,000
Bedrooms 40
Bathrooms 40.00
Full Baths 40
Square Footage 30,000
Acres 1.64
Year Built 1948
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 526 Warm Sands Drive S
Area 334 - Palm Springs South End
Subdivision Warm Sands
City Palm Springs
County Riverside
State CA
Zip Code 92262

Amenities

Parking Spaces 48
Parking Guest, Unassigned
View Desert, Hills, Mountain(s), Panoramic, Pool
Has Pool Yes
Pool In Ground, Community, Private

Interior

Heating Central
Cooling Air Conditioning, Ceiling Fan(s), Central Air
Fireplace No

Exterior

Lot Description 71438

Additional Information

Days on Market 26
Zoning R-2
Short Sale No
RE / Bank Owned No

Listing Details

AgentAdam Gilbert
OfficeThe Firm Brokerage

Listing Map

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