1111 Palm Canyon Dr #340, Palm Springs, CA 92264

Overview

Description

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Welcome to the Ocotillo Lodge Unit #340, a Historic Palm Springs Gem. Nestled in the iconic Twin Palms neighborhood, the Ocotillo Lodge was built in 1957 by renowned architects William Krisel & Dan Palmer and has a rich history of attracting celebrity guests. Originally a hotel, it was converted into condos in 1995, but its timeless charm and mid-century modern style remain intact. Recently undergoing a major renovation, this stunning condo boasts modern upgrades while retaining its historic charm. Located in the back of the complex with an East-facing patio, enjoy quiet mornings with views of the San Jacinto Mountains. The unit is newly furnished with a Mid-Century-inspired interior, channeling the vibrant Palm Springs vibe, and includes everything you need to live in comfort, from kitchenware and small appliances to bedding, decor, and artwork. Key Features: Fully furnished, with all necessary household items (except for staging pieces); Completely remodeled, including a new HVAC system; A sofa sleeper for added comfort and versatility; Full-sized washer and dryer; Monthly HOA dues cover ALL utilities: electricity, water, hot water, trash, sewage, cable TV, and internet; Located in a historic district, eligible for the Mills Act, offering potential property tax savings. The complex completed an extensive refurbishment and renovation within the last few years to preserve the original character of the architecture. Amenities include a champagne cork-shaped pool, two hot tubs, a clubhouse with pool tables, a community gym, and an outdoor Sunshine Bar with a built-in grill perfect for entertaining or enjoying a sunset cocktail. The historic significance of the Ocotillo Lodge, combined with its prime location near shops, restaurants, and entertainment, makes it a rare and sought-after property in Palm Springs. This condo has been a highly rated short-term rental (STR), receiving 100% 5-star ratings since it began renting in May 2024. Whether you're looking to immerse yourself in the desert resort lifestyle or make a smart investment, this property offers both a unique living experience and great potential. Don't miss your chance to be a part of Palm Springs history! Ocotillo Lodge is a Class 1 Historic District in Palm Springs and as such this property may qualify for Mills Act Historic Status--see listing agent for details.

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