28
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$3,450,000
Est. payment /mo
0.43 Acres Lot
New
111 Via Las Palmas Palm Springs, CA 92262
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219140663PS
HOA Y/N No
Year Built 1964
Lot Size 0.430 Acres
Property Description
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.
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Zoning R-2
Interior
Heating Forced Air
Fireplace No
Building
Lot Description Rectangular Lot, Street Level
Story 1
Water Public
Others
Tax ID 505221005
Security Features Fire Detection System,Fire Sprinkler System,Key Card Entry,Resident Manager,Smoke Detector(s)
Special Listing Condition Standard
Listed by Harry Pflueger Harry Pflueger, Broker
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