$ 4,500,000
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$4,500,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing PS8373 - PS52800
Presenting a rare opportunity to own a piece of Palm Springs history: one of its most iconic hotel properties, ideally situated on bustling Palm Canyon Drive in the heart of downtown. Nestled amongst vibrant restaurants, retail shops, and nightlife, this 1.19-acre property borders the prestigious Old Las Palmas and Movie Colony neighborhoods. Currently operating as a clothing-optional men's resort, the property is zoned R-3 Multi-Family Residential and Hotel, offering diverse possibilities for future development. Built in 1951 as the La Fonda Hotel, the property features 32 guest rooms ranging from 300-400 square feet, eight of which include full kitchens. All rooms offer picturesque views of either the surrounding mountains or the expansive pool area. Amenities include a welcoming lobby, business center, large resort-style pool and spa, on-site laundry, playroom, steam room, and sauna. A significant undeveloped portion of land (approximately 9,000 sq ft) at the southeast corner presents exciting potential for expansion or new construction. While the location is undeniably prime and the original architecture is iconic, the property is in need of updating. Buyers are advised to conduct their own due diligence.
Listing Highlights for 960 Palm Canyon Dr
Status
Active With Contingency
Days on Site
82
Property Type
Commercial Sale
MLS ®
219133565PS
Year Built
1951
Total Square Footage
0
Lot/Acreage
N/A
County
Riverside
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
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- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 28
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 505265021
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
960 Palm Canyon Dr Palm Springs, CA 92262
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