950 N Indian Canyon Drive, Palm Springs, CA 92262
$6,500,000
Property Type:
Commercial Sale
Square Footage:
22,623
Status:
Pending
Current Price:
$6,500,000
List Date:
12/24/2025
Last Modified:
5/21/2026
Description
'7 Springs Inn & Suites is a classic Palm Springs mid-century modern hospitality asset featuring 51 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.'
More Information MLS# 219140331
Listing, Location and Property Info
Entry Date: 2025-12-23
General Property Information
Zoning: R-3
Approx SqFt: 22623
SqFt Source: Other
Lot Size: 40511
Lot Size Source: Other
Year Built: 1957
Cross Streets: Palm Canyon Drive and Indian Canyon
Tax Info
Tax Rate: 1.16
Property Tax Expense: 74305.6
Tax Rate Year: 2025
Property Info
Building # of Stories: 2
# Buildings: 3
Owner Pays
A/C: 1
Electric: 1
Gas/Heat: 1
Insurance: 1
Phone: 1
Taxes: 1
Water: 1
Business Type
Hospitality: 1
Utilities
Cable TV: 1
Natural Gas Available: 1
Natural Gas Connected: 1
Phone Available: 1
Phone Connected: 1
Water Connected: 1
Water Meter on Property: 1
Sale Type
Standard: 1
Business Info
Business URL: www.7-springs.com
Laundry Equipment: Yes
Reason For Selling: Relocatin
Sale or Lease: Sale
Total Full-Time Employees: 5
Listing Terms
Cash: 1
Conventional: 1
Financing
Cash: 1
Showing Access
Do Not Contact Occupant: 1
Lot Features
Corner Lot: 1
Corners Established: 1
Desert Front: 1
Landscaped: 1
Lawn: 1
Lot Over 40000 SqFt: 1
Lot Level/Flat: 1
Lot Shape - Rectangular: 1
Near Public Transit: 1
Over 40 Units/Acre: 1
Rocks: 1
Sprinkler System: 1
Sprinklers in Front: 1
Sprinklers on Side: 1
Sprinklers Timer: 1
Sprinklers Manual: 1
Parking Features
Concrete: 1
On Site: 1
Open: 1
Parking Lot: 1
Private: 1
Asset Class
Hotel/Motel: 1
Multi-Family: 1
Road Frontage Type
City Street: 1
Building Features
Phone System: 1
TV System: 1
Exterior Features
Lighting: 1
Commercial License
None: 1
Disclosures
None: 1
Land Use
Multi-Family: 1
Retail: 1
Exterior Construction
Brick: 1
Concrete: 1
Heating
Central: 1
Electric: 1
Hot Water: 1
Laundry
Laundry Area: 1
Lease: 1
Security Safety
Carbon Monoxide Detector(s): 1
Card/Code Access: 1
Fire & Smoke Detection System: 1
Owned: 1
TV: 1
Roofing
Foam: 1
Water
Meter on Property: 1
On Site: 1
Listing Location and Property Info
APN: 507151009
Status: Pending
Listing Date: 2025-12-08
Original List Price: 11500000
List Price: $6,500,000
Current Price: $6,500,000
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
Status Change Info
Status Change Date: 2026-05-20
Pending Date: 2026-05-20
Parking SpacesInformation
Total Uncovered/Assigned Spaces: 31
Total Parking Spaces: 31
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 Office:
eXp Realty of Southern California, Inc
Listing Agent:
David J Rios
Last Updated: May - 21 - 2026
Information deemed reliable but not guaranteed.