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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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526 S Warm Sands Drive Palm Springs, CA 92262
$10,500,000 0 beds, 0 baths
0 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
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Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 219132823PS
List price is $10,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1948
1.64 acres
Lot size: 1.6400
Subdivision: Warm Sands
County: Riverside
Zoning: R-2
Parking description: Guest,Unassigned
Heating/cooling: Central Air
Heating description: Central
MLS area: 334 - South End Palm Springs

Last Updated: 7/17/2025

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This listing belongs to the 334 - South End Palm Springs MLS area

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Lat/Long: 33.815451, -116.536856.
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Listing Agent: Adam Gilbert
Lic#: 01234982
Office Name: Mission Viejo

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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