555 S Warm Sands Drive
Palm Springs, CA, 92264 $ 7,900,000
Bedrooms-- Baths-- Sq 14,000 Monthly Estimate*
$ 49,286
for $7,900,000. This 14,000 square foot building was built in 1949.
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.
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FeaturesGeneralLiving Area 14000.0
Heating Other
Utilities Sewer Connected Natural Gas Connected Water Connected
Roof Tile
HOA Fee 0.0
Security Features Smoke Detector
Construction Materials Stucco
Exclusions FF&E Inventory to be provided by Seller within 5 days of an accepted offer.
Year Built 1949
Property Subtype Hotel/Motel
Ownership LLC
Business Type Hospitality
Business Name Les Cactus
County Riverside
Property Type F
Status Active
City Palm Springs
MLS Area 334 - Palm Springs South End
Lot Size Square Feet 0.0
Listing Terms Conventional Cash
Current Financing Conventional Cash
Standard Status Active
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ExteriorExterior Amenities None
Parking Features Concrete On Site
Lot Features Landscaped Rectangular Lot
Water Source Meter on Property
Total Parking 0.0
Lot Size Area 43124.0
Building Area Total 14000.0
Lot Size Acres 0.0
Road Surface Type Asphalt Paved
Road Frontage Type City Street
Land Lease Type Fee
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InteriorTotal Stories 1
Heating Y/N Yes
Laundry Features Inside Room Laundry Area
Total Baths 0
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* Excluded FeaturesList ByScott TimberlakeListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $49,286
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Palm Springs, CA
Average List Price $2,500,865
Percent of Sale Price 68%
About Palm Springs, CA 46,525 Population
9% Since 2002
$ 49,313 Median Income
54.63 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/21/2025 | $7,900,000 | | Listed Price |