950 N Indian Canyon Drive, Palm Springs, CA 92262 (MLS# 219140331)

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: 7/31/2026 Last Modified: 9/03/2026

Overview

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 ... (Read more)

Listing Details MLS# 219140331

General Property Information

Living Area: 22623
BuildingAreaSource: Other
Lot Size Area: 40511
Lot Size Source: Other
Zoning: R-3
Year Built: 1957
CrossStreet: Palm Canyon Drive and Indian Canyon

Property Features

Business Type: Hospitality Sale Type: Standard Listing Terms: Cash; Conventional Showing Access: Do Not Contact Occupant Owner Pays: Insurance; Taxes; Water Lot Features: Corners Established; Desert Front; Lot Over 40000 SqFt; Lot Shape - Rectangular; Over 40 Units/Acre; Rocks; Sprinklers in Front; Sprinklers on Side; Sprinklers Timer; Sprinklers Manual Parking Features: Concrete; Parking Lot Asset Class: Hotel/Motel; Multi-Family Building Features: Phone System; TV System Exterior Features: Lighting Land Use: Multi-Family; Retail Exterior Construction: Brick; Concrete Heating: Central Laundry: Laundry Area Security Safety: Carbon Monoxide Detector(s); Card/Code Access; Owned; TV Roofing: Foam Water: Meter on Property Utilities: Cable TV; Phone Available; Water Connected; Water Meter on Property Disclosures: None

Listing Location and Property Info

Parcel Number: 507151009
Listing Contract Date: 2025-12-08
Original List Price: 11500000
Property Sub Type: Hotel/Motel
Street #: 950
Street Direction Prefix: N
Street Name: Indian Canyon
Street Suffix: Drive
County: Riverside
State: CA
Postal Code: 92262
MLS Area: 332 - Palm Springs Central
Country: US

Tax Info

Tax Rate: 1.16
Tax Year: 2025
Property Tax Expense: 74305.6

Property Info

# Buildings: 3
Building # of Stories: 2

Status Change Info

StatusChangeDate: 2026-09-03
Purchase Contract Date: 2026-09-02

More Information

Business Info

Reason For Selling: Relocatin
Sale or Lease: Sale
Total Full-Time Employees: 5
Business URL: www.7-springs.com
Laundry Equipment: Yes

Parking SpacesInformation

OpenParkingSpaces: 31
Parking Total: 31

Owner Pays

A/C: Yes
Electric: Yes
Gas/Heat: Yes
Phone: Yes

Utilities

Natural Gas Available: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Lot Features

Corner Lot: Yes
Landscaped: Yes
Lawn: Yes
Lot Level/Flat: Yes
Near Public Transit: Yes
Sprinkler System: Yes

Parking Features

On Site: Yes
Open: Yes

Road Frontage Type

City Street: Yes

Heating

Electric: Yes
Hot Water: Yes

Laundry

Lease: Yes

Security Safety

Fire & Smoke Detection System: Yes

Water

On Site: Yes

Listing Office: eXp Realty of Southern California, Inc

Listing Agent: David J Rios

Last Updated: September - 03 - 2026

Information deemed reliable but not guaranteed.