Boutique 22 key hotel offered at $5,500,000, following a recent pricing adjustment to align with current investor underwriting. Positioned at the gateway to Palm Springs’ Uptown Design District, the property sits on a prominent corner at North Palm Canyon Drive and Racquet Club Road, capturing inbound traffic from both the Palm Springs Aerial Tramway and the high-volume Joshua Tree corridor, which attracts more than 3 million visitors annually. A December 2025 third-party appraisal valued the property at $6.05M based on in-place operations. The updated pricing represents a compelling entry point for boutique hospitality operators and investors seeking a value-add opportunity with multiple paths to upside. The property features renovated guest rooms, a rare Type 70 full liquor license allowing full cocktail service, approximately 1,500 square feet of basement amenity space, EV charging, a fitness room, and 22 on-site parking spaces. The asset offers several clear avenues for value creation: • Gated boutique layout supporting privacy, group buyouts, and curated guest experiences • Type 70 liquor license enabling expanded food and beverage programming and incremental revenue • Approximately 1,500 SF basement space ideal for lounge, wellness, private event, or experiential activation • Strong visibility and access along North Palm Canyon Drive, a primary entry corridor into Palm Springs • Opportunity to enhance ADR, optimize revenue management, and improve direct booking mix Fully operational yet not fully optimized, the property presents immediate upside for a hands on operator or experienced group looking to reposition and drive performance. The boutique scale and existing infrastructure support a range of operating models, from traditional hospitality to more streamlined or contact light guest experiences depending on ownership strategy. Ownership is focused on engaging with qualified buyers who recognize the repositioning opportunity and can move decisively. Seller is prepared to move efficiently with well qualified groups. Disclosure: One of the property owners is a licensed real estate broker in the State of California.