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- Listed price
- $699,000
- Listed Jul 30, 2025
- Last sold price
- No recorded sale
7,405 sqft lot|1947 Built|335 MLS days on market
12347 Palm Dr, Desert Hot Springs, CA 92240
Property Description
Now is an incredible opportunity to own both the building and the business at 12347 Palm Drive currently operating as The Escapade Bar, a well-known local staple with over 20 years of successful operation. This turnkey property is located on one of the busiest corridors in Desert Hot Springs, offering excellent visibility, easy access, and high traffic exposure. The Escapade is still in full operation and continues to generate consistent income. However, the true potential lies in what this space could become. Whether you want to continue running the existing bar, rebrand the space, or develop a new concept, the possibilities are wide open. With zoning and layout suitable for a variety of uses, this property is a great fit for: A craft brewery or taproom (which the city currently lacks), a live music venue, a nightclub lounge with a dance floor, a sports bar or themed restaurant.
Listing agent: Brian MeuseDRE #01460583desertproperty4u@msn.com, Listing office: SoCal Premier Realty
MLS data updated 10/24/2026, 8:37:56 PM PT
Source: CRMLSMLS #: 25571859PS
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$699,000
Jan 19, 2026
Available records22025–2026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$699,000Asking price recorded · Jan 19, 2026ZIP 92240 · Jan 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJul 30, 2025 – Jan 19, 2026
ZIP 92240 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.