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Exotic Dreams Resort Hotel 526 S Warm Sands Dr 40 Room Hotel Palm Springs, CA 92264 $10,500,000 ($262,500/Room) 9.52% Cap Rate
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $340.00 | - |
| Guest Room | 38 | $232.00 | - |
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PROPERTY TAXES
| Parcel Number | 508-211-017 | Improvements Assessment | $2,952,842 |
| Land Assessment | $2,296,655 | Total Assessment | $5,249,497 |
PROPERTY TAXES
Parcel Number
508-211-017
Land Assessment
$2,296,655
Improvements Assessment
$2,952,842
Total Assessment
$5,249,497
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Exotic Dreams Resort Hotel | 526 S Warm Sands Dr
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