526 S Warm Sands DR Palm Springs, CA 92262
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 30,000 sqft
Price per Sqft $350
Subdivision Warm Sands
MLS Listing ID 219132823
Bedrooms 40
Full Baths 40
HOA Y/N No
Year Built 1948
Lot Size 1.640 Acres
Acres 1.64
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Riverside
Area 334 - Palm Springs South End
Zoning R-2
Interior
Heating Central
Cooling Air Conditioning, Ceiling Fan(s), Central Air
Fireplace false
Exterior
Pool In Ground, Private, Community
View Y/N true
View Desert, Hills, Mountain(s), Panoramic, Pool
Private Pool Yes
Building
Story 1
Entry Level Ground
Sewer In, Connected and Paid
Level or Stories Ground
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan
Listing Terms 1031 Exchange, Cash, Cash to New Loan
Special Listing Condition Standard