555 Warm Sands Drive, Palm Springs

Active Fee Land

$8,950,000

Previous Next

0.99

Acres

Listing Agent
Scott Timberlake - Luca Realty Trust, Inc.

About 555 Warm Sands Drive

Ideally located in the heart of Palm Springs, Les Cactus Palm Springs is a highly acclaimed 28-room property (with one room currently used as a spa/massage space) that captures the quintessential Palm Springs lifestyle. This beautifully curated hotel has been meticulously maintained and continuously upgraded, delivering exceptional guest experiences and strong financial performance. Property Highlights include Award-Winning Design: Featured on the cover of Great Escapes USA. Hotel Book (TASCHEN), recognized for its stylish, mid-century-inspired design. Top-Rated Guest Experience: Consistently high rankings with strong guest satisfaction: TripAdvisor - 4.8 Stars (556 reviews), Google - 4.8 Stars (309 reviews), Expedia - 9.4/10 (450 reviews), Booking.com - 9.2/10 (410 reviews). Unique outdoor amenities include Saltwater pool, hammock garden, fire pit lounge, lush tropical landscaping, multiple seating areas - all set within a fully walled and secured lot. Thoughtful Guest Services feature complimentary continental breakfast, snacks, curated beer, wine, and cocktail selections, high-speed Wi-Fi, bicycles for guest use, and a stylish, intimate lobby. This turnkey operation boasts strong occupancy rates and proven profitability with glowing guest reviews. Value-Add Opportunities include but are not limited to the 28th Guest Room: Convert the existing spa/massage room back to a permitted guest room to immediately increase revenue. Expand the F&B Program by transforming the current BOH kitchen and/or the massage room into an expanded bar and kitchen, enabling made-to-order breakfast, lunch, and a full craft cocktail menu to enhance the guest experience and drive incremental revenue. Optimize revenue by implementing advanced revenue management software to further increase ADR and maintain competitive market positioning. Offer event Buyouts to capitalize on numerous wedding and group buyout requests that present untapped revenue potential. With excellent financials, a prime Palm Springs location, and multiple avenues for future growth, Les Cactus presents a rare opportunity for investors to acquire a high-performing, turnkey boutique hotel with tremendous upside. Do not disturb operations. Showings available only to qualified buyers with proof of funds. Full financials and property details available upon request.

555 Warm Sands Drive is a Commercial Sale property for sale. This Commercial Sale property is on Fee land and the current price is $8,950,000. This property has 0 bedrooms and 0.00 bathrooms and it was built in 1947. 334 - South End Palm Springs property has been listed on www.geoffreymoore.com for 72 days.

Features of 555 Warm Sands Drive

MLS® # 219133584PS
Price $8,950,000
Bathrooms 0.00
Acres 0.99
Year Built 1947
Type Commercial Sale
Status Active

Community Information

Address 555 Warm Sands Drive
Area 334 - South End Palm Springs
City Palm Springs
County Riverside
Zip Code 92264

Amenities

Utilities Electricity Connected, Underground Utilities
Is Waterfront No
Has Pool No

Interior

Heating Electric
Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Corner Lot, Lawn, Lot Over 40000 Sqft, Landscaped, Rectangular Lot, Sprinklers Timer, Sprinkler System, Street Level
Roof Tile

Additional Information

Date Listed November 30th, -0001
Days on Market 72
Foreclosure No
Short Sale No
RE / Bank Owned No
Land Type Fee

Listing Details

AgentScott Timberlake
OfficeLuca Realty Trust, Inc.

Listing Map

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