Real Estate Market October 25, 2024

Greater Palm Springs Real Estate Market Update – October

Coachella Valley, CA

As of October 25, 2024, the Coachella Valley real estate market is showing a marked change in inventory, sales activity, pricing trends, and local market dynamics according to the Flex MLS market summary report, one of two MLS systems utilized in the Coachella Valley.

Rising Inventory

One striking development in the Coachella Valley real estate market is the rise in active listings. Currently, there are 2,354 housing units available, up from 1,865 units last year. This surge of nearly 26% indicates a steady increase of properties onto the market throughout the year. This increase in inventory is related to other market dynamics listed below and offers buyers a greater selection of homes to purchase in the Coachella Valley.

Declining Sales Activity

In contrast to the rising inventory, the number of sold listings has decreased. There were 363 homes sold this year, down from 411 a year ago, marking a decline of approximately 11.7%. This reduction in sales suggests that, despite the greater selection of homes, buyers may be exhibiting caution due to various economic factors, such as higher interest rates, market sentiment, and upcoming presidential election.

Pricing Trends

The average list price for homes in the Coachella Valley has reached $935,575 this past month, reflecting sellers’ optimistic pricing strategies. However, the average sale price has seen a notable decline to $704,961, which represents a 7.4% decrease from last year’s average of $839,524. This disparity between listing and sale prices points to a potential shift in buyer expectations and negotiating power, as buyers may be less willing to meet higher asking prices.

Days on Market

Homes in the Coachella Valley are currently spending an average of 67 days on the market. This figure is indicative of a market that, while experiencing increased inventory, is also seeing a slower sales pace. A longer days-on-market metric suggests that buyers are taking their time to make decisions, weighing their options carefully in the current environment.

Implications for Buyers and Sellers

For buyers, the uptick in inventory offers a broader range of choices and may reduce competition, which can lead to better negotiating opportunities. The decline in average sale prices also creates a more favorable environment for those looking to enter the market or upgrade their current living situation.

Sellers, however, may need to reassess their pricing strategies in light of the declining average sale price. With more properties available, competitive pricing becomes crucial to attracting potential buyers. The increase in days on market further emphasizes the need for sellers to present their homes effectively and be realistic about pricing expectations.

Possible Silver Lining

The Coachella Valley real estate market continues to be in a state of transition as of late October 2024 but may see an uptick in activity and sales after the presidential election and potential further cuts to interest rates. With rising inventory levels and declining sales activity, both buyers and sellers must adapt to a changing landscape. Buyers can take advantage of increased options and potentially lower prices, while sellers may need to adjust their expectations and strategies to remain competitive. As always, staying informed and consulting with real estate professionals will be essential for navigating these market shifts effectively.

The Author, Eric Gray, is a REALTOR®️ with Better Homes and Gardens Desert Lifestyle Properties, CA DRE 02225444.

Real Estate Market October 10, 2024

Desert Housing Report Shows Coachella Valley Real Estate Sales Below Normal In August 2024

Coachella Valley, CA

In a report anticipated by many in the Coachella Valley real estate industry, August 2024 sales were significantly below normal levels once again. In fact, the study reveals that sales were down 33.5% compared to the average norm in Greater Palm Springs, which encompasses valley cities including Indian Wells, Coachella, Rancho Mirage, Bermuda Dunes, Palm Desert, Indio, Desert Hot Springs, La Quinta, Cathedral City, and Palm Springs.

August marked the final month before the Federal Reserve began lowering interest rates by half a point, a change that took effect in mid-September. Local real estate experts have reported an uptick in activity following this reduction, making next month’s Desert Housing Report—published monthly by Greater Palm Springs Realtors and the California Desert Association of Realtors—an eagerly awaited update.

Despite these challenges, prices for single-family detached homes rose in 7 out of the 10 Coachella Valley cities, while prices for attached homes fell in 7 out of the 10 cities. Here is the breakdown according to the Desert Housing Report presented by Greater Palm Springs Realtors and the California Desert Association Of Realtors:

The desert faced numerous challenges in August for the real estate market. On August 17th, buyer representation agreements became mandatory, interest rates remained stubbornly high, and temperatures soared above 110 degrees for 19 of the 31 days, according to AccuWeather. Additionally, some experts suggest that the upcoming election has contributed to the market slowdown.

With the election expected to be decided next month and temperatures beginning to cool next week, coupled with the adjustment of buyer representation agreements and slightly lower interest rates with potential further cuts on the horizon, conditions may change for the better.

The Author, Eric Gray, is a REALTOR®️ with Better Homes and Gardens Desert Lifestyle Properties, CA DRE 02225444.

Real Estate Tips June 10, 2024

Want To See A Home To Buy In California? Buyer Representation Agreements Required Starting Mid August Due To Recent Lawsuit

Palm Springs, CA

According to the National Association of Realtors, “beginning August 17, 2024, a buyer representative “working with” a buyer will be required to enter into a written agreement with the buyer prior to touring a home, including both in-person and live virtual tours. ” The agreement in California is called the BRBC Buyer Representation And Broker Compensation Agreement.

The Buyer Representation and Broker Compensation (BRBC) Agreement is a contractual document used in real estate transactions to establish a formal relationship between a buyer and a realtor or agent. The agreement outlines the terms and conditions under which the realtor will represent the buyer in the search for and purchase of a property. It also specifies the compensation the realtor will receive for their services.

This new change stems from multiple lawsuits filed against the National Association of Realtors for alleged price fixing violating federal anti-trust laws. Commissions typically have been listed in the MLS on a listing to let the buyer’s agent know what commission percentage they will receive. Now, due to March 15th settlement agreement after a jury in Missouri in October of 2023 found various brokerages liable for millions of dollars, commissions will no longer be listed in the MLS.

This is because although the National Association of Realtors has vehemently denied doing any wrongdoing, they have proposed a class action settlement banning commissions to be listed in the MLS.

What Does This All Mean For A Buyer?

What this means for the buyer is two fold.

Firstly, in order for a realtor to show a buyer a buyer a home outside of an open house, the buyer will have to sign a Buyer Representation And Broker Compensation Agreement to do so that will list compensation to the Buyer’s agent.. These agreements can be written creatively though so that a buyer does not feel locked in with a specific realtor they may not feel comfortable with yet. Open houses will also have a new set of rules as drafts of these rules are now being worked out by the California Association of Realtors.

Secondly, while in the past the seller has paid out commissions from the proceeds of the sale of their home to both the seller’s agent and the buyer’s agent, the seller can opt out of providing commissions to the buyer’s agent. This is where a Buyer Representation and Broker Compensation (BRBC) Agreement come into play. A Buyer Representation and Broker Compensation (BRBC) Agreement will obligate the buyer to pay out commission to their agent if the seller does not offer compensating commission to the buyer’s agent.

Many industry experts still expect the seller to pay commissions to both their seller agent and the buyer’s agent from the proceeds of their home. This is because many buyers may choose not to purchase a home if they have to pay the realtor’s commission out of their own pockets in addition to making a substantial down payment or paying the full price in cash.

Either way, California Real Estate is about to get more interesting.

Real Estate Tips May 21, 2024

Should I Sell My Palm Springs Home Amidst the Summer Heat?

Coachella Valley, CA

As summer descends upon Palm Springs, so too does the scorching desert heat. With temperatures soaring, many might assume that the real estate market would simmer down along with the mercury. However, in Greater Palm Springs, selling real estate in the summer months is absolutely possible although, it presents a unique set of challenges and opportunities for both sellers and buyers alike.

Embracing the Desert Lifestyle

Despite the blistering heat, Palm Springs thrives in the summer months, offering many activities and amenities that cater to both residents and visitors. From refreshing dips in private pools to early morning hikes in the cooler desert air, the summer season allows sellers to showcase the unique lifestyle that Palm Springs has to offer. By highlighting the city’s array of indoor-outdoor living spaces and luxury amenities, sellers can paint a compelling picture of desert living at its finest.

Strategic Timing and Pricing

In a market where temperatures can reach triple digits, timing and pricing are key factors in selling real estate successfully. While some sellers may be tempted to wait until cooler months to list their properties, those who brave the summer market can benefit from reduced competition and motivated buyers. Strategic pricing, coupled with effective marketing strategies that highlight a property’s unique features and value proposition, can help sellers stand out in a crowded market and attract serious buyers.

For instance, here is a graph over the past few years that shows closed condos sales in Palm Springs during each month. As you can see closed sales last year peaked in June, then steadily declined through November and started picking up in December. Waiting till the fall may not be the best answer.

Beat the Heat with Staging

When it comes to selling real estate in the summer, staging is essential. With temperatures soaring outside, sellers should focus on creating a cool and inviting atmosphere indoors. This may include adjusting lighting to create a bright and airy feel, using light, breathable fabrics and furnishings, and ensuring that air conditioning systems are in top condition. By creating a comfortable and welcoming environment, sellers can help potential buyers envision themselves living in the space, despite the sweltering heat outside.

Highlighting Energy Efficiency

With energy bills often soaring during the summer months, buyers in Palm Springs are increasingly looking for properties that offer energy-efficient features to help beat the heat and reduce costs. Sellers can capitalize on this trend by highlighting features such as solar panels, energy-efficient appliances, and well-insulated windows and doors. By showcasing the long-term cost savings and environmental benefits of these features, sellers can appeal to eco-conscious buyers and differentiate their properties in the market.

Stay Cool, Stay Flexible

In a market where temperatures can be unforgiving, sellers must remain flexible and adaptable to changing conditions. This may mean scheduling showings and open houses during cooler times of the day, providing ample shade and refreshments for potential buyers, and being prepared to adjust pricing and marketing strategies as needed. By staying cool under pressure and working closely with their real estate agents, sellers can navigate the summer market with confidence and achieve their selling goals.

In Conclusion

Selling real estate in the summer months of Palm Springs may come with its own set of challenges, but for those willing to embrace the heat, the rewards can be significant. By highlighting the city’s unique lifestyle, pricing strategically, staging effectively, and staying flexible, sellers can capitalize on the summer market to attract motivated buyers and achieve successful sales. So, if you’re considering selling your property in Palm Springs this summer, now is the time to beat the heat and unlock the full potential of your investment.

Real Estate Tips April 2, 2024

Over 55 And Buying Real Estate In Palm Springs? You May Be Able To Transfer Your Lower Property Tax Base.

Palm Springs, CA

Recognizing that property taxes can be a significant financial burden for many homeowners, especially seniors and individuals with disabilities living on fixed incomes, California state laws provide various forms of relief to alleviate the property tax burden for those who qualify.

One such program is Proposition 19 approved by California voters on November 3, 2020.

Essentially, if you are a California resident over 55, and are moving from any other California county, you may be able to transfer your lower property tax base with you.

 

 

The proposition 19 fact sheet gives this example for a base year value transfer stating:

If the market value of the replacement is more than the market value of the original, then the difference will be added to the transferred value. (This assumes the replacement property is purchased before the original. If the replacement property is purchased after the original, depending on the time period when the replacement was purchased, the amount above five percent (5%) or ten percent (10%) over the original property’s market value is added to the transferred base year value.)

Original Taxable Value = $300,000 | Original Market Value = $600,000 | Replacement Market Value = $700,000 Since the replacement’s market value is $100,000 more than the original, the difference in market value is added to the transferred value.

Therefore, the taxable value of the replacement will be $400,000 ($300,000 + $100,000).

In more simple terms, say you are over 55 years old and have owned a home in San Francisco you bought years ago for 350K but is now worth a lot more, you can essentially buy a property in Greater Palm Springs based on today’s rates and work with the County Assessor where the replacement property is located to transfer your lower property tax base with you based on the above formula.

And it gets better. Where the state used only allow this to happen one time, now, with the passage of proposition 19, you are able to transfer your property tax three times.

If you are moving to California from out of state, don’t feel too left out. While you cannot bring your property tax amount from an out of state dwelling, if you move from one home to another in Greater Palm Springs, are over 55, and are a bonafide California resident at the time, you can also take advantage of Proposition 19 up to three times.

 

(Disclaimer – The information provided in this article does not, and is not intended to, constitute legal or financial advice; instead, all information, content, and materials available on this site are for general informational purposes only. Please reach out to a legal or tax professional regarding all matters discussed in this article. Read about Proposition 19 on this link: https://www.boe.ca.gov/prop19/#Introduction )

(The Author, Eric Gray, is a REALTOR®️ with Better Homes and Gardens Desert Lifestyle Properties, CA DRE 02225444.)

Real Estate Tips March 13, 2024

Real Estate Tips: 8 Things to Consider Before Buying a Home in Greater Palm Springs

Palm Springs, CA

Is the desert calling you? If you’re dreaming of owning a home in Greater Palm Springs, I can’t blame you. With over 330 days of sunshine a year, stunning mountain views, and loads of things to do, it’s a paradise for those seeking a vibrant outdoor lifestyle. Before you embark on your house-hunting journey however, here are 8 crucial factors to consider before buying a home in Greater Palm Springs.

Fee vs Lease Land

Do you know the difference between Fee vs Lease Land?   If not, here’s some background information.  Fee Land is the typical standard across the United States where the homeowner owns the land underneath the structure of their property. Lease Land however came about in 1876, when the United States government deeded 52,000 acres of land to the Agua Caliente Band of Indians in the Coachella Valley. 6,700 of those acres are in Palm Springs alone. As a result, it is estimated that over 23,000 residential properties are on leased land in the Coachella Valley. In Leased Land, a landowner within the Agua Caliente Band of Indians owns the land underneath the property and you as a homeowner would be paying a lease fee to the tribe on a monthly basis.  While some prefer to purchase a home on fee land, purchasing a residence on Lease Land can have its benefits as well, such a lower home price with more bang for your buck but it is important to check out and see when the lease expires.

Windy Conditions

Living in the Coachella Valley means embracing the occasional gusts. Be prepared for windy conditions, particularly in certain areas within  Palm Springs,  Cathedral City, and Rancho Mirage. Typically the windiest season is between April, May, and June.   Make sure to understand where the windier areas are located and see if this would be a factor for you in your home buying process.

Pool or No Pool & Pepple Tec vs Plaster

Pools are a hallmark of desert living, offering respite from the heat. However, weigh the maintenance costs, safety concerns, and lifestyle preferences before deciding whether to invest in a home with a pool.  For instance, while some prefer a private pool in their backyard, others enjoy swimming in their association pool where they don’t have to pay for out of pocket expenses like maintenance.  In addition, if you are purchasing a home with a pool, make sure to know the difference between Pebble Tec vs Plaster.  While Pebble Tec may be more expensive, the surfaces of pebble tec pools are stain resistant and long lasting, making the investment in pebble tec well worth it.

Handling the Summer Heat

Summer temperatures in the Coachella Valley can soar, easily exceeding 100°F and even 120 degrees Faraneit in th s ummer months. Explore options for shade, efficient cooling systems, and energy-saving measures to stay comfortable year-round and make sure that you.

It’s Not Just Palm Springs

The Coachella Valley comprises many vibrant cities in addition to Palm Springs such as , Rancho Mirage, Palm Desert, Cathedral City, Indio, Indian Wells, La Quinta, Bermuda Dunes and more.. each with its own unique charm, diversity, and amenities. Explore the many neighborhoods of the Coachella Valley to find out which one matches your lifestyle.

HOA vs No HOA

In greater Palm Springs homeowners have a choice: to live in a community governed by a Homeowners Association (HOA) or in a neighborhood without one.  Living in a neighborhood with an HOA provides a sense of security and uniformity. Rules are in place to maintain property standards, ensuring the community remains pristine.  On the other hand, neighborhoods without an HOA offer residents more freedom to express their individuality. Homeowners have the flexibility to customize their properties to their liking. HOA communities often come with a range of amenities, from swimming pools to tennis courts, providing residents with convenient access to recreational activities and fostering a sense of community.: However, neighborhoods without an HOA can foster a strong sense of community through organic interactions and grassroots initiatives, like for instance neighborhood block parties or community clean-up days. Whether you prefer the structure of an HOA or the freedom of a non-HOA neighborhood, Palm Springs offers diverse housing options to suit every lifestyle.

Investment Property Opportunities

Are you looking to invest in real estate in the Palm Springs area?  Maybe you want to come out to the Desert to enjoy your property and rent it out when you are not here.  There are potential lucrative opportunities waiting for you.  Some neighborhoods in Palm Springs allow short-term rentals, catering to the ever-growing tourism industry. Investors can capitalize on this demand, generating high rental income during peak seasons.  However, be careful.  Make sure you understand the rules around short term rentals in Palm Springs.  For instance, if the neighborhood you are looking at already havs 20% of their housing stock certified for short term rentals, you are out of luck and will not be able to get a short term rental permit.  Other cities in the Coachella Valley such as Rancho Mirage and Cathedral City do not allow short term rentals at all however, seasonal rentals longer than 30 days may present a positive investment option for you.  Make sure you work with an experienced Realtor who understands the neighborhoods and how it relates to your investment strategies

Financial Preparedness

Buying a home is a significant financial undertaking. It is important to consult with a Mortgage Representative to better understand what you can qualify for before jumping in and looking at homes in the Coachella Valley.  Knowing your financial strategy and buying power is key to success when purchasing a home.

By considering these 8 factors, you’ll be well-equipped to find your dream home in the vibrant Oasis of Greater Palm Springs.

The Author, Eric Gray, is a REALTOR®️ with Better Homes and Gardens Desert Lifestyle Properties, CA DRE 02225444

Short Term Rentals February 27, 2024

Real Estate Tip: Want To Buy A Short Term Rental In Palm Springs? The Answer Is “It’s Possible, But Neighborhood Specific”

Palm Springs, CA

Recently, an article came out from the LA Times stating, “Palm Springs capped short-term rentals. Now some home prices are in free-fall.” The free version of the article can be found online here.

It talks about a YouTube star named Luan Palomera who paid 1.5 million for his vacation home in Palm Springs stating “today, he’d be lucky to get $1 million for it.”

While the story of Luan Palomera might be accurate, the real truth on home prices in Palm Springs is a lot more complicated and in certain communities, doing quite well.

The article goes on to say, “As L.A. continues its crackdown on Airbnb, city officials can turn toward the desert for an example — perhaps a cautionary tale — of the potential side effects of curbing the short-term rental market.”

Recent History

 

On November 28, 2022, Palm Springs ordinance on short term rentals, Ordinance 2075, was amended and adopted with new rules stating that only 20% of residential dwelling units in an organized neighborhood will be allowed for vacation rentals.

The Palm Springs website gives a list of organized neighborhoods within city borders showing the percentage of total residential units that are currently registered vacation rentals.

If the neighborhood has over 20% of properties currently registered, (and there are more than a few, Psst! I have the list,) the Palm Springs website goes further in detail to show the current number of homes on the waitlist per neighborhood to potentially turn into a vacation rental.

There’s An Upside

 

Having the above information arms homebuyers with a better understanding of specific neighborhoods within the Palm Springs community.

It is possible to purchase a home for a short term rental and if your desire is to live in a neighborhood with a lower percentage of short term rentals in the current time then that information is there as well.

Realtors can help you do your due diligence on this and other crucial matters related to the home buying process.

This article is being sponsored by Eric Gray, a licensed Realtor in Palm Springs with Better Homes and Gardens Desert Lifestyle Properties, CA DRE 02225444

(Gov. Gavin Newsom signed SB 3182 that as of January 1, 2021 homeowner associations are prohibited from limiting rentals of more than 30 days to fewer than 25% of homes in the community. Pictured: Vibe Palm Springs.)

Desert HOA Communities February 27, 2024

Modernism Tour: The Ocotillo Lodge – Palmer & Krisel’s Vision of Midcentury Vacation Glamour

 

Palm Springs, CA

Walking into the lobby of the Ocotillo Lodge is like walking into history. Originally opened in 1957, the Ocotillo Lodge was developed by Palmer and Krisel of the Alexander Company as a premier hotel for guests visiting the Twin Palms neighborhood. It’s since been turned into a private condo community. The layout is comprised of a two-story edifice facing E. Palm Canyon Drive and single-story bungalows encircling the champagne cork shaped pool, catering to full time homeowners and guests.

(View of the Champagne Cork Shaped Pool At The Ocotillo Lodge)

According to the organizers of the Modernism tour, “The Ocotillo Lodge – Palmer & Krisel’s Vision of Midcentury Vacation Glamour, each unit has a kitchenette and originally featured thoughtful design touches such as skylights in the bathrooms, jalousie windows to provide venting in kitchens, clerestory windows with palm tree and mountain views, and deep overhanging eaves for shade from the intense desert sun. Rooms were either 525 or 590 square feet, and all feature private or semi-private outdoor space in addition to the gorgeous shared grounds, originally designed by internationally acclaimed landscape architect, Garrett Eckbo. “

It is one of the few HOA developments in Palm Springs that allows short term rentals, with condos at the Ocotillo Lodge currently listed on the market in the upper 300s to lower 400s.

(Bedroom On the Ocotillo Lodge Modernism Tour)

The allure of the Ocotillo Lodge is what brought Todd Verwers, a local architect and homeowner at Ocotillo Lodge to the development. Verwers recently answered a few questions from the Palm Springs Tribune about his reasons for purchasing at the Ocotillo Lodge. Here is the interview:

What attracted you to purchasing a condo in the Ocotillo Lodge? While living in San Francisco years ago, my wife and I rented at Ocotillo Lodge on two occasions prior to purchasing our own unit, sight unseen, after relocating to Copenhagen, Denmark.  At that time, the units were relatively inexpensive, and Ocotillo Lodge suited our need for an architecturally significant desert getaway from the dreary Danish winters.  The complex has a poetic simplicity and intimacy, and the small bungalows are incredibly utilitarian and efficient, which appealed to our Nordic sensibilities.  I think a a lot of people romanticize the midcentury era in southern California, and I confess to a certain sentimentality toward the positivity and aesthetic of the post-war design culture.

What is your work background and how has that helped you redesign your space at the Ocotillo Lodge? As a Danish-American architect with a strong interest in the desert modernism, I appreciate the beauty and rigor of the post and beam architecture of our Ocotillo Lodge bungalow.  With renovation projects, my design strategy is based on a desire to reinforce the inherent qualities and integrity of a space, while avoiding historical kitsch.  I like to further refine the original architect’s intentions, in this case William Krisel’s vision, while adding a degree of sophistication rooted in our time and culture.  I suppose many would classify my approach as being minimalist, where I prefer there term “reductivist”.  I see our bungalow as a calming receptor, from which the surrounding mountains and palm tree crowns are the focus.

Todd Verwers, Ocotillo Lodge Homeowner and Local Palm Springs Architect

How would you describe the community within the Ocotillo Lodge complex? Ocotillo Lodge was initially run as a hotel, then later converted to condominiums.  Early owners were not necessarily midcentury modern devotees, but rather people interested in a small, affordable condominium space in Palm Springs.   The community has evolved, partly due to the success of Modernism Week, into a more cohesive group of owners who are very interested in preserving the midcentury modern qualities of this unique development.  I serve on the Architectural Committee at Ocotillo Lodge, and we have drafted new design standards for owners wishing to make modifications to their units, with the hope of preserving and the integrity of the complex and even restoring specific design components back to William Krisel’s original design and vision.  We have also applied for historical district designation of Ocotillo Lodge with the City of Palm Springs.

Why do you love greater Palm Springs? Palm Springs is a vibrant community with a truly unique desert setting, and having a rich architectural history with international influences.  The challenge of course is to balance preservation with change and growth of the communities of the Coachella Valley.  Palm Springs is a dynamic community, and not a static, open-air museum.  I often speak with other local architects about the need to take the qualities of midcentury modern design to the next level, using new technologies to develop new desert typologies evoking the zeitgeist of our time.  

 

Modernism Tour Goers Enjoying The Outdoor Original Bar

For more information on Modernism Week, click here.

Desert HOA Communities February 27, 2024

Modernism Tour: Royal Hawaiian Estates Inspire Tiki Lifestyle

Palm Springs, CA

Modernism Week is in full swing and event goers who got to experience the Royal Hawaiian Estates, designed by Donald Wexler/Richard Harrison were treated to the tiki lifestyle. The development was originally built for the local Jewish community who were excluded from many communities at the time the development was built. Proceeds support the ongoing restoration of the property back to its 1961 concept.

Backyard Tiki Bar

With 40 condominium units in 12 buildings, the Royal Hawaiian Estates is “known for its hip, tiki-inspired Polynesian architecture” … “featuring iconic “tiki apexes”, “flying sevens”, and roofline “teeth” and “ladder extensions”. The development was designated as Palm Springs’ first historic residential district in 2010.

Royal Hawaiian Estates Bedroom

During the Modernism tour of over eight featured homes, event goers were able to experience the music by the Desert Ukulele Marching Band and guests were invited to a separate ticketed late afternoon cocktail party with live Hawaiian entertainment.

For more on Modernism Week, click here.

The Author, Eric Gray, is a REALTOR®️ with Better Homes and Gardens Desert Lifestyle Properties, CA DRE 02225444

Travel & Tourism December 28, 2023

Palm Springs Surf Club Open New Years Day 2024

Palm Springs, CA

Surfers rejoice! The time has come for the first surf destination in the Southern California Desert to open in Palm Springs. After a long period of construction, the Palm Springs Surf Club (PSSC) spanning 21 acres and located at 1500 S Gene Autry Trail is set to open on January 1, 2024. PSSC guests will experience the perfect engineered wave ranging from two to seven feet in a state-of-the-art wave pool. In addition to surfing, guests will enjoy world-class dining venues, waterslides, lounge pools, a lazy river, indoor/outdoor event venues, and a social club with bottle service and a complete viewing deck.

(PSSC Wave Photo Credit Ridge BenBen)

A Little Background On The Project

In 2018, Cheyne Magnusson, the original wave curator in Waco, Texas, and Kalani Robb, a surf icon, got together and partnered with James Dunlop to build a next-generation wave prototype in the original Wet ‘N’ Wild waterpark in Palm Springs, California. In 2019, the test pool was successfully brought to life, prompting an invitation to investor and tech executive Vinny Smith to experience the wave.

Smith brought in hotel developers Tim and Colin O’Byrne to help create the incredible destination it is today.  Cheyne’s previous experience of operating the surf experience at the pool in Waco was also pivotal in creating the park.

“Opening The Palm Springs Surf Club marks the realization of a dream that was once unimaginable – catching waves in the desert. We have assembled a passionate team to create an extraordinary space that will provide world-class entertainment and bring together people from within and beyond the surf community. Much appreciation goes out to the hundreds of people who worked on the site over the past couple of years. This team took a dilapidated park that was built in the late 1970s and created what you see today. To make things even more challenging, Cheyne, Tim and Colin drove this effort during the COVID years, an extremely difficult time to complete such a huge project,” said Vinny Smith.

Tim O’Byrne, developer of The Palm Springs Surf Club, expressed his enthusiasm: “We’re thrilled to bring this unique desert surf experience to life. Whether you’re an avid surfer, a beginner, or someone who simply loves to watch this spectacular sport, The Palm Springs Surf Club has something for everyone. Surfing is a mesmerizing sport to watch, and at PSSC, the experience of observing surfers ride world-class waves against the stunning backdrop of the Palm Springs Mountains is unparalleled. We’ve invested over $80 million to turn this park into a top-tier entertainment destination.”

All Skill Levels Catered To Including Non Surfers

While reservations are now available starting January 1, 2024 for both Intermediate and Advanced Surfers, Beginner surfers will have the opportunity to make reservations also come Spring of 2024 with the “Beginner Waikiki” wave program. According to PSSC, the “Waikiki is designed to be the ideal wave for those who have never surfed or those who have surfed a few times and just want to get the feeling of standing on a board and riding in the early stages of their surfing journey. If the surfer is good enough to angle and go down the line, the wave does have an open face on the outside edge as it peels along the reef. This is the wave for you if you want to try surfing for the first time”

Multiple Restaurants Onsite

In addition, there are multiple restaurants on site including Amala, Drifters, and the Island Bar.

Amala is “the ultimate dining experience at the Palm Springs Surf Club. With indoor and outdoor seating offering breathtaking views of the surf and mountains, indulge in a curated artisanal menu by Chef Mondragon. ”  Guests are welcome to visit Amala for the restaurant experience and forgo the park entrance fee.

Drifters is a “poolside oasis at the Palm Springs Surf Club” which offers, “outdoor dining with a creative beverage program to cater to park guests from early morning until late at night, featuring delightful breakfast, lunch, and dinner options.” The bar also “serves specialty cocktails and provides TVs for entertainment and additional desert views.”

Island Bar which offers craft cocktails, draft beers, and more.

(Amala Restaurant Photo Credit_Dakota Mullins)

Though crowds will come out to surf and watch the waves, guests visiting the facility (ADA-accessible) will also have access to a lazy river, waterslide attractions (opening later in 2024), cabana rentals, and more. The retail store will have a curated selection of wetsuits, clothing, and accessories.

A wide selection of rental boards will be available for surf session reservations with a variety of boards available for purchase as well. Riding the wave starts at $100 for beginners (group of 12), $150 for intermediates (group of 12), and $200 for the advanced (group of 9).

Winter club entry starts at just $20 and reservations can be booked at https://palmspringssurfclub.com/ immediately.

View a Bonus Video from You Tuber, Dylan Graves: