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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.

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