111 Via Las Palmas
Palm Springs, CA, 92262 $ 3,450,000
Baths0.0 Monthly Estimate*
$ 21,242
Listed by Harry Pflueger, Broker
Studio for $3,450,000. This home was built in 1964 on a lot size of 0.43.
Fully renovated, luxury boutique hotel located in the Old Las Palmas neighborhood--one of Palm Springs' most prestigious and historically significant districts. The property features ten spacious, private suites with curated mid-century interiors, enclosed patios, mature landscaping, and resort-quality amenities centered around a newly upgraded courtyard pool.Meticulously restored and operated as an upscale, design-driven hospitality asset with exceptionally strong guest reviews and repeat clientele. Its location--steps from Uptown Design District--positions it to capture premium ADR and strong year-round demand.‣ Spacious Bungalow-Style Suites - The hotel features 10 private suites with large floor plans, enclosed patios, and curated mid-century interiors. Eight of the ten suites are two-bedroom units, while the remaining two suites are dedicated one-bedroom units. Several units include kitchenettes or extended living spaces--adding flexibility for extended stays and premium-rate bookings.‣ Turnkey Upscale Operation - Operates as an independent boutique hotel with strong guest reputation, high review scores, and consistent demand capture from both leisure and weekend travel segments.‣ Premier Old Las Palmas Location - One of Palm Springs' most iconic and sought-after neighborhoods, The Weekend Palm Springs sits just steps from the Uptown Design District, offering walkability to high-end dining, shopping, galleries, and boutique attractions. The location supports premium ADR performance and strong year-round demand.‣ Fee Simple Ownership - The property is offered fee simple--rare for core Palm Springs boutique hotels--providing long-term security and flexibility for future operation or repositioning.‣ Ideally Positioned for Owner Operator - Turn-key operation in excellent condition following major renovation, new Owner Operator can focus on positioning and operation. The hotel can be operated efficiently and profitably.‣ Fully Renovated - Between 2017 and 2019, the property underwent a complete down-to-studs renovation, transforming the classic mid-century layout into a modern, design- forward hotel experience. Nearly $3.5 million was invested into the renovation, including rebuilt interiors, upgraded mechanical systems, enhanced landscaping, new hardscape, and premium finishes throughout. All rooms, mechanical systems, landscaping, hardscape, and common areas were rebuilt or upgraded to high contemporary standards.
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FeaturesGeneralHeating ForcedAir
Zoning R-2
HOA Fee 0
Security Features FireDetectionSystem FireSprinklerSystem KeyCardEntry ResidentManager SmokeDetectors
Year Built 1964
Building Name The Weekend
County Riverside
Property Type CommercialSale
Special Listing Conditions Standard
Status Pending
Directions The property is located one lot west of North Palm Canyon Drive on South Via Las Palmas just west of the Denny's.
City Palm Springs
Number Of Units Total 10
MLS Area 332 - Central Palm Springs
Lot Size Units SquareFeet
Lot Size Square Feet 18731
Standard Status Pending
Cap Rate 5.3
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InteriorTotal Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorLot Features RectangularLot StreetLevel
Water Source Public
Total Parking 0
Lot Size Area 18731
Number of Buildings 1
Lot Size Acres 0.43
Lot Size Source Appraiser
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* Excluded FeaturesList ByHarry Pflueger, BrokerBroker
Affordability Calculator
- Monthly Principal & Interest
- $21,242
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbySingle family listings in Palm Springs, CA
Average List Price $1,429,197
Percent of Sale Price 59%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/11/2026 | $3,450,000 | | Listed Price |