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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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526 Warm Sands Drive, Palm Springs – $10,500,000

  • $10.5M Price
  • 1.64 Acres
  • 21 DOM
  • $10.5M Price
  • 1.64 Acres
  • 21 DOM

526 Warm Sands Drive

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.

Essential Information

  • MLS® #219132823PS
  • Price$10,500,000
  • Bathrooms0.00
  • Acres1.64
  • Year Built1948
  • TypeResidential Income
  • StatusActive

Community Information

  • Address526 Warm Sands Drive
  • Area334 - South End Palm Springs
  • SubdivisionWarm Sands
  • CityPalm Springs
  • CountyRiverside
  • Zip Code92262

Amenities

  • Parking Spaces48
  • ParkingGuest, Unassigned
  • GaragesGuest, Unassigned
  • Has PoolYes
  • PoolIn Ground

View

Desert, Hills, Mountain(s), Panoramic

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1

Additional Information

  • Date ListedJuly 16th, 2025
  • Days on Market21
  • ZoningR-2

Listing Details

  • AgentAdam Gilbert
  • OfficeThe Firm Brokerage
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Adam Gilbert, The Firm Brokerage.

Based on information from California Regional Multiple Listing Service, Inc. as of August 6th, 2025 at 5:31pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.