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950 N Indian Canyon Drive, Palm Springs, CA 92262
$9,500,000
Property Type:
Commercial Sale
Square Footage:
22,623
Status:
Active
Current Price:
$9,500,000
List Date:
12/24/2025
Last Modified:
3/24/2026
Overview
Description
...
(Read more)
'7 Springs Inn & Suites is a classic Palm Springs mid-century modern hospitality asset featuring 52 contemporary guestrooms and suites on nearly an acre along N Indian Canyon Drive, minutes to Old Las Palmas, the Movie Colony, the Uptown Design District, and downtown dining, shopping, and nightlife. A short walk puts guests at local shops and award-winning restaurants, plus close to golfing, hiking, and desert attractions. Iconic orange arches welcome guests into a lobby, then out to landscaped courtyards with seating, BBQ grills, shaded picnic tables, and mountain views. Enjoy an outdoor pool and hot tub, plus on-site parking and a business center. Rooms are designed for comfort and value with complimentary Wi-Fi, microwaves, coffeemakers, mini-refrigerators, flat-screen TVs, and plush beds, with select suites offering full kitchens ideal for families and extended stays. Parking includes handicap spaces with marked travel paths to the lobby, and wheelchair-accessible public areas plus an ADA pool lift enhance usability. Strong corridor visibility supports year-round demand with upside through refreshed branding, rate strategy, and group buyouts. Offered with furnishings and on-site amenities. Buyer to verify room count, financials, and all use, licensing, and operational details.'
Listing Details MLS# 219140331
General Property Information
- Approx SqFt
- 22623
- SqFt Source
- Other
- Lot Size Source
- Other
- Zoning
- R-3
- Year Built
- 1957
- Cross Streets
- Palm Canyon Drive and Indian Canyon
Property Features
Business Type:
Hospitality
Sale Type:
Standard
Financing:
Cash
Listing Terms:
Cash; Conventional
Showing Access:
Do Not Contact Occupant
Owner Pays:
A/C; Electric; Gas/Heat; Insurance; Phone; Taxes; Water
Lot Features:
Corner Lot; Corners Established; Desert Front; Landscaped; Lawn; Lot Over 40000 SqFt; Lot Level/Flat; Lot Shape - Rectangular; Near Public Transit; Over 40 Units/Acre; Rocks; Sprinkler System; Sprinklers in Front; Sprinklers on Side; Sprinklers Timer; Sprinklers Manual
Parking Features:
Concrete; On Site; Open; Parking Lot; Private
Asset Class:
Hotel/Motel; Multi-Family
Road Frontage Type:
City Street
Building Features:
Phone System; TV System
Exterior Features:
Lighting
Commercial License:
None
Land Use:
Multi-Family; Retail
Exterior Construction:
Brick; Concrete
Heating:
Central; Electric; Hot Water
Laundry:
Laundry Area; Lease
Security Safety:
Carbon Monoxide Detector(s); Card/Code Access; Fire & Smoke Detection System; Owned; TV
Roofing:
Foam
Water:
Meter on Property; On Site
Utilities:
Cable TV; Natural Gas Available; Natural Gas Connected; Phone Available; Phone Connected; Water Connected; Water Meter on Property
Disclosures:
None
Listing Location and Property Info
- APN
- 507151009
- Original List Price
- 11500000
- Property Sub-Type
- Hotel/Motel
- Street #
- 950
- Street Direction
- N
- Street Name
- Indian Canyon
- Street Suffix
- Drive
- County
- Riverside
- State
- CA
- Zip Code
- 92262
- Area
- 332 - Palm Springs Central
- Country
- US
Tax Info
- Tax Rate
- 1.16
- Tax Rate Year
- 2025
- Property Tax Expense
- 74305.6
Property Info
- Building # of Stories
- 2
- # Buildings
- 3
Status Change Info
- Status Change Date
- 2025-12-23
More Information
Business Info
- Business URL
- http://www.7-springs.com
- Laundry Equipment
- Yes
- Reason For Selling
- Relocatin
- Sale or Lease
- Sale
- Total Full-Time Employees
- 5
Parking SpacesInformation
- Total Uncovered/Assigned Spaces
- 31
- Total Parking Spaces
- 31
Listing, Location and Property Info
- Entry Date
- 2025-12-23
Owner Pays
- A/C
- Yes
- Electric
- Yes
- Gas/Heat
- Yes
- Insurance
- Yes
- Phone
- Yes
- Taxes
- Yes
- Water
- Yes
Business Type
- Hospitality
- Yes
Utilities
- Cable TV
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Phone Available
- Yes
- Phone Connected
- Yes
- Water Connected
- Yes
- Water Meter on Property
- Yes
Sale Type
- Standard
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Financing
- Cash
- Yes
Showing Access
- Do Not Contact Occupant
- Yes
Lot Features
- Corner Lot
- Yes
- Corners Established
- Yes
- Desert Front
- Yes
- Landscaped
- Yes
- Lawn
- Yes
- Lot Over 40000 SqFt
- Yes
- Lot Level/Flat
- Yes
- Lot Shape - Rectangular
- Yes
- Near Public Transit
- Yes
- Over 40 Units/Acre
- Yes
- Rocks
- Yes
- Sprinkler System
- Yes
- Sprinklers in Front
- Yes
- Sprinklers on Side
- Yes
- Sprinklers Timer
- Yes
- Sprinklers Manual
- Yes
Parking Features
- Concrete
- Yes
- On Site
- Yes
- Open
- Yes
- Parking Lot
- Yes
- Private
- Yes
Asset Class
- Hotel/Motel
- Yes
- Multi-Family
- Yes
Road Frontage Type
- City Street
- Yes
Building Features
- Phone System
- Yes
- TV System
- Yes
Exterior Features
- Lighting
- Yes
Commercial License
- None
- Yes
Disclosures
- None
- Yes
Land Use
- Multi-Family
- Yes
- Retail
- Yes
Exterior Construction
- Brick
- Yes
- Concrete
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Hot Water
- Yes
Laundry
- Laundry Area
- Yes
- Lease
- Yes
Security Safety
- Carbon Monoxide Detector(s)
- Yes
- Card/Code Access
- Yes
- Fire & Smoke Detection System
- Yes
- Owned
- Yes
- TV
- Yes
Roofing
- Foam
- Yes
Water
- Meter on Property
- Yes
- On Site
- Yes
Listing Office:
eXp Realty of Southern California, Inc
Listing Agent:
David J Rios
Last Updated: March - 24 - 2026
Information deemed reliable but not guaranteed.
