- – beds
- – baths
- – sqft
- ~2 acre lot
- 1948 build
- – on site
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.
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Last updated Jul 19, 2025
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MLS# 219132823PS —
This property is listed in more than one place. See it here.
The Building
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Year Built:1948
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:40
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# of Buildings:4
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Stories Total:1
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Flooring:Tile
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Room Type:Formal Entry, See Remarks
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Fireplace:No
Location
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Directions:Heading east on Ramon Rd, make a right turn onto S Warm Sands. The property is on the right.
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Latitude:33.81545100
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Longitude:-116.53685600
The Property
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Property Type:Residential Income
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Zoning:R-2
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Lot Size Area:71438.0000
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Lot Size Acres:1.6400
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Lot Size SqFt:71438.00
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Lot Size Source:Assessor
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View:1
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View:Desert, Panoramic, Mountain(s), Hills
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:508211017
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Included:Yes
The Community
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Subdivision:Warm Sands
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Subdivision:Warm Sands
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Pool:In Ground
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Senior Community:No
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Spa:1
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Private Pool:Yes
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Spa Features:In Ground, Private
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Assessments:No
Parking
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Parking:Yes
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Parking:Guest, Unassigned
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Parking Spaces:48.00
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Uncovered Spaces:48.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/16/25
Jul 16, 2025
|
Listed / Active | CRMLS_CA | $10,500,000 |